Why Innovation Vouchers are the best grants for small business in Ireland
Innovation vouchers are definitely the most useful small business grants in Ireland today. They are flexible, easy to redeem and they can be done on your schedule. RIKON (based at SETU) have been the leading provider of Innovation Vouchers for the past decade – Innovation Voucher grants have included Business Model Innovation, Process Optimisation and Digital Marketing Innovation.
The Details
For small and medium-sized businesses in Ireland, grants can often feel out of reach—complex applications, match funding, and mountains of paperwork. The Enterprise Ireland Innovation Voucher is different. Worth €10,000, it’s specifically designed for SMEs who want to innovate but don’t have the budget or expertise to do it alone. No co-funding, no red tape—just direct access to expert knowledge that can help you develop new products, improve processes, explore digital transformation, or validate business ideas.
That’s why Innovation Vouchers are widely considered the best grant available to Irish SMEs: they’re simple, flexible, and carry zero financial risk. For a small business, that’s a game-changer.
Why Innovation Vouchers Work for SMEs
- Straightforward application – Easy to apply for, with no cash contribution required.
- Direct access to expertise – Work with Ireland’s leading research and innovation centres.
- Flexible use – From digital strategies to feasibility studies, the voucher adapts to your needs.
- Risk-free innovation – Test and explore new ideas without worrying about costs.
- Proven success – Thousands of SMEs have already used vouchers to grow and scale.
Why Partner with RIKON?
Securing an Innovation Voucher is only half the story—the real value comes from choosing the right knowledge provider. That’s where RIKON, based at South East Technological University (SETU), stands out.
- Leaders in business innovation – RIKON specialises in practical, commercially focused solutions, not just theory.
- SME experience – They’ve supported over 1,000 Irish companies across every sector.
- Tailored approach – No generic reports; RIKON’s work is customised to your goals.
- End-to-end support – From idea to execution, RIKON is a partner, not just a consultant.
Real Impact for Real Businesses
Whether you’re a retailer needing a digital strategy, a service business wanting to improve customer experience, or a manufacturer exploring a new product line, an Innovation Voucher with RIKON can unlock the expertise to make it happen—without the financial burden.
For Irish SMEs, no other grant delivers such immediate value with so little risk as the €10,000 Enterprise Ireland Innovation Voucher. And when it comes to getting the most from it, RIKON is the partner that turns €10,000 worth of knowledge into long-term business growth.
For more information about the innovation voucher grant scheme call RIKON anytime on 051 302409 or email visit our homepage here: https://www.rikon.ie
