RIKON-WIT has four primary funding streams for its commercial activities :
Enterprise Ireland Innovation Vouchers: Innovation Vouchers worth €5,000 are available to assist a company or companies to explore a business opportunity or problem with a registered knowledge provider.
Innovation Vouchers worth €5,000 are available to assist a company or companies to explore a business opportunity or problem with a registered knowledge provider -100% funded.
Enterprise Ireland Innovation Partnerships: Innovation Partnerships were developed to allow participating companies to benefit from collaboration with Irish Research Institutes in long projects, in terms of growth, evolution of strategic research and development and the creation of new knowledge that can use to generate commercial advantage.
The Innovation Partnership Programme can provide up to 80% of the cost of research work to develop new and improved products, processes or services, or generate new knowledge and know-how
Enterprise Ireland E-Marketing Assignment: Under Enterprise Ireland’s Business Process Improvement Grant client companies can apply for grant support to undertake an e-Marketing Improvement Assignment. This support is designed to assist senior managers in client companies to maximise the opportunities presented by the Internet as a business development channel.
e-Marketing Improvement assignments are designed to develop and enhance your company’s capability to use the internet as an effective channel for business development -50% match funded to a max of €70,000.
Direct funding: Companies can pay RIKON-WIT directly from their Research and Development budget. Project work can be scheduled immediately.