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Enterprise Ireland

Dáil Éireann Debate, Thursday - 17 December 2015

Thursday, 17 December 2015

Questions (223)

John Deasy

Question:

223. Deputy John Deasy asked the Minister for Jobs, Enterprise and Innovation the number of innovation vouchers awarded to companies based in County Waterford. [46156/15]

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Written answers

The Enterprise Ireland Innovation Voucher Initiative was introduced in 2007 in order to drive an on-going innovation culture shift within small enterprise by promoting and encouraging knowledge transfer between Ireland’s public knowledge providers and the small business community and creating greater synergies between the two. Under the initiative, vouchers worth €5,000 are allocated to small business whose proposals, to work with public knowledge providers on specific innovation issues, meet certain criteria. The Innovation Voucher Programme has been running successfully since its inception and it continues to meet an important need in the small business sector.

Enterprise Ireland recognises that an important source of knowledge, expertise and competitive advantage which is available to Irish companies is to be found in the Research Departments of our Institutes of Technology and Universities. The Innovation Voucher scheme gives small companies access to this vast source of innovative acumen and in so doing acts as an important facet of knowledge transfer from these Higher Education Institutions (HEIs) to industry. These Vouchers can be used by the companies to purchase advice and knowledge that is new to the company.

Since the programme’s launch, in 2007, 464 Vouchers, with a total combined value of €2.3 million have been awarded to companies based in county Waterford, as detailed in the following table.

County

Total Number of Innovation Vouchers

2015

2014

2013

2012

2011

2010

2009

2008

2007

Waterford

464

62

64

76

40

35

76

58

26

27

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