Conditions : Innovation Vouchers Initiative - Invest NI

The following conditions must be observed;

Eligibility

The Innovation Vouchers Initiative is open to all small enterprises registered with Companies House NI with a valid NI Company Registration Number.

For the purposes of the Innovation Voucher Initiative, a Small Enterprise is defined as a company or (if part of a group) a group of companies where the total number of full-time employees in the company (or the entire group) is less than 50 and has either an annual turnover and/or an annual Balance Sheet total not exceeding €10m.

Exclusions

Small enterprises in the transportation and agricultural sectors are excluded in line with specific State Aid guidelines.

State Aid Basis

The State Aid basis for the Innovation Voucher Initiative is governed by the 'de minimis' rule.