The Government’s restart grant provides a fund of €550 million (up from €250 million, as announced in the July stimulus package) for micro and small enterprises to help them reconnect with their markets, employees, and customers.
Overview
The scheme provides direct grant aid of between €4,000 and €25,000, based on the commercial rate bill for 2019 (these limits were increased in the July stimulus package, from €2,000 and €10,000)
Top-ups will be available to firms that have already availed of the grant.
The scheme is aimed at helping micro and small businesses with the costs associated with reopening and reemploying workers following COVID-19 closures.
Now available to additional businesses, such as B&Bs, which were not previously eligible.
Applies to businesses with a turnover of less than €100,000 per employee and employing 250 people or fewer.
The business must have suffered a projected 25%+ loss in revenue as a result of COVID-19.
The business must commit to remaining open or to reopen if it was closed. The business must also declare the intention to retain employees that are benefiting from the temporary wage subsidy scheme.
Businesses should retain supporting documentation, as spot-checks may be carried out to verify a declaration to this effect.
Apply
To apply for the grant contact the council to which you pay your rates; the Dublin councils can be found at the following links: