Enterprise Ireland Innovation Vouchers
If you have an Enterprise Ireland Innovation Voucher to redeem and have already signed a contract with the industrial sponsor via the Innovation Section of the Trinity Research & Innovation Office, please contact the Accounts Receivable Section of the Treasurer’s Office regarding your invoicing. Nuala Bermingham: berminn@tcd.ie (Extn. 1951).
Further details on Standard Procedures for Enterprise Ireland Innovation Vouchers Agreement Review are available at: Enterprise Ireland Innovation Vouchers
All innovation vouchers are VATable at the standard rate (currently 23%). Enterprise Ireland does not pay VAT on innovation vouchers. This should be invoiced to the industrial sponsor (SME) as the value of the contract plus VAT and less the value of the innovation voucher to be paid by Enterprise Ireland. Please see the template for invoicing EI and the SME at the following web link: Innovation voucher invoice templates
If you do not already have an innovation voucher account, please complete the form at the following web link to open an F89 account and ensure that it is signed by the Head of School: New Account Code Application Form
In order to invoice the Industrial sponsor (SME), they should be set up as a Debtor on the Accounts Receivable system. Please contact the Accounts Receivable Section to check if a debtor account exists. Otherwise a new customer account application form should be completed (see form at web link): New Customer Credit Account Application Form
Once the contract is complete, please fill out the innovation voucher claim form and send with copies of the invoice to Enterprise Ireland (see Enterprise Ireland web link below for further help):
Finally, copies of the two invoices should be sent to the Accounts Receivable Section in the Treasurer’s Office so the debt, income and VAT can be posted to our accounts.
For more detail on the process see Innovation Voucher Procedures