What is a business voucher?
A business voucher is a grant intended for small and medium-sized enterprises to cover part of the costs of a certain business activity. There are several types of vouchers according to their use, e.g.:.
- Creative vouchers: money for products or services from creative people.
- Innovation vouchers: money for activities leading to innovation in the company.
- Digital vouchers: subsidies for technologies and services leading to the digitization and automation of the business.
- Vouchers for business development: money for the creation of business plans and the development of business activities.
What criteria define vouchers for entrepreneurs?
Each business grant offers something different and will have specific guidelines and eligibility criteria. However, there are certain common elements:
- Non-refundable – vouchers provide financial support that does not need to be repaid, making them a risk-free source of funding.
- Specificity – the voucher is intended for a specific goal – whether it is the support of innovation, digitization, marketing or the creation of a business plan – businesses must use the funds accordingly.
- Competition – obtaining a voucher can be challenging due to high competition and specific conditions linked to funding. Successful applicants must follow the rules and prepare an application by the program opening date.
Do we recommend applying for a business voucher?
Definitely yes. Vouchers usually offer a higher rate of financing, i.e. you can get up to 80% of your expenses back. This allows you to implement projects that would otherwise remain in the drawer and that can accelerate your business. Obtaining a voucher usually does not require complex selection procedures. You can get help from a consulting company with the application and administration and thus minimize the risks. We wish you the best of luck!
