Summary of Irish Government state financial supports available to help you re-boot your business
There are many state financial supports available to Irish businesses who are re-opening following the Covid-19 lock down. I have listed below some of the main grants available. This is a constantly evolving area; keep checking back as I will provide updates as new announcements are made. Eligibility criteria vary depending on the supports and while the information set out below is correct at the time of writing it is subject to change and clarification.
Enterprise Support Grant – Department of Employment and Social Protection
Who: Self employed / sole traders who claimed the Pandemic Unemployment Payment and have now ceased their claim and want to re-start an existing business (Employ less than 10 people and turnover of less than €10m) or start a new business.
How much: €500 to €2500 available to help with marketing, equipment, training for new start ups
€1000 available for those who are restarting existing businesses
Where: Contact your local Intreo Centre
Restart Grants – Local Authorities
Who: For existing SMEs rate payers in a local authority area with a turnover of less than €5m, employing between 1 to 50 people and who have experienced a 25% reduction in turnover due to Covid 19
How much: Up to €10k
Where: Cork City
Trading Online Voucher Scheme – Local Enterprise Offices
Who: SMES employing less than 10 people and turnover of less than €2m
How much: €2.5k and €5k available for building or upgrading an ecommerce website, app or other online trading activities
Online Retail Scheme – Enterprise Ireland
Note this scheme is currently closed but we are expecting a second call to be announced in the coming weeks.
Who: Irish Retailers
How Much: Average grant of €35k to accelerate Irish retailers online offering and increase competitiveness
The Department of Business Enterprise and Innovation has established a Business Support Call Centre
or call 01 631 2002