Supports Available for Your Business in Ireland

Introduction

Below are some of the supports available to help your business get started in addition to the existing supports. For a complete list of supports please visit https://dbei.gov.ie for further information.

It’s important during these difficult times you are aware of what supports are available to you. SMEs in Ireland are facing unprecedented challenges and need all the support they can get. If you are facing difficulties please note there are plenty of other supports available.

The Local Enterprise Offices also offer free mentoring advice. They offer both group advice and one to one advice. This is currently being delivered online through zoom.

Funding available for your Business in Ireland

Restart Grant - €10,000

The aim of the restart grant is to provide funding to micro and small business to help them with the costs of reopening and employing people. It is available to businesses which have a turnover of less than €5m, employ less than 50 people and are closed or have had a projected reduction of 25% in turnover to June 2020. The application is available online from all local authorities.

Trading Online Voucher - €2,500

The voucher is provided through the Local Enterprise Offices. It is available to small businesses with up to 10 people. The aim of the voucher is to help businesses sell their products or services online. Previously they provided up to 50% of the costs. Now they are covering up to 90% of the costs for a limited period up to a max funding of €2,500.

COVID-19 Online Retail Scheme - €10,000 - €40,000

This funding is aimed specifically at retailers and is run by Enterprise Ireland. It’s aim is to help retailers enhance their digital capability. You must employ 10 or more people on or before 29 Feb 2020. You must clearly demonstrate you have the potential to create and sustain jobs. Grants are from €10,000 – €40,000.

Professional Services Grants

COVID-19 Business Financial Planning Grant - €5,000

This grant is dispersed by Enterprise Ireland. It is designed to help businesses with financial planning as well as the preparation of applications for finance for finance providers. Applications are online and cover 100% of the costs up to €5,000. The funding can only be used on approved financial consultants.

Lean Business Improvement Voucher - €2,500

Similar to the above grant, the Lean Business Improvement Voucher is provided by Enterprise Ireland.It is available for training and advisory services from approved consultants. 100% of the costs are covered up to a max of €2,500 in funding being provided. The funding can only be spent on approved consultants.
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