The Micro-Enterprise Assistance Fund will assist businesses with fewer than 10 employees, which are ineligible for existing grants, with a voucher of up to €1,000 to help them adapt and invest to rebuild their business. About 2,000 businesses nationwide will benefit. The grant is a contribution towards the cost of re-opening or keeping a business operational and re-connecting with employees and customers.
Grants of a minimum of €500 to a maximum €1,000 in respect of vouched expenditure will be available to eligible businesses under the initiative. This is a restricted scheme with only one voucher available per business.
This fund is open to operating businesses who:
- Have suffered a 30% reduction in turnover due to COVID-19 restrictions or downturn in trade provided they commit to remaining open and to hiring and sustaining employment
- Employed between 2 and 10 full-time employees (or full-time equivalents) on their payroll at the 29th February 2020
If you are not eligible for the COVID-19 Restart/Restart Plus Grant or similar COVID-19 business restart grants from other government departments, you should apply now.
Please review the full eligibility criteria.
