Covid-19 supports


Businesses across Galway are currently in uncharted waters due to the ongoing Covid-19 pandemic. Many are facing critical challenges, including temporary ceasing of trading, cash flow and financial difficulties, critical staff continuity options and an uncertain future.

Local Enterprise Office Galway is available to support local businesses in addressing these challenges and help ensure they’re in the strongest possible position possible in the face of this unprecedented and continuously evolving crisis.

The first step for businesses experiencing cash flow difficulties should always be to open communication with your bank.

All banks have announced they will offer flexibility to customers experiencing difficulties as a result of the Covid-19 outbreak and may be able to provide loan payment holidays or emergency working capital facilities.

Additional cash flow supports can be accessed through Local Enterprise Office Galway:

  • Changes have been made to the MicroFinance Ireland loans available through LEO Galway. 
  • The Department of Business, Enterprise and Innovation has also put in place a package of business supports – including the Covid-19 Working Capital Loan. This will offer loans of up to €1.5m at reduced rates, with up to the first €500 thousand unsecured. Applications can be made through the SBCI website at
  • The Credit Guarantee Scheme is a Government supported product from the banks for small and medium enterprises, providing an 80% guarantee to participating banks. Businesses can apply for loans of up to €1m for terms of up to 7 years from AIB, Bank of Ireland or Ulster Bank. 
  • €200m Package for Enterprise Supports, including a Rescue and Restructuring Scheme, is available through Enterprise Ireland. This is targeted at firms identified as being vulnerable but viable, that need to restructure or transform their business to overcome the challenges presented by Covid-19.
  • A Finance in Focus grant of €7,200 will is also available to Enterprise Ireland and Údarás na Gaeltachta clients, to enable them to access consultancy support to undertake immediate finance reviews.
  • Fáilte Ireland Covid – 19 Adaption Fund: Supporting tourism and hospitality businesses who have incurred adaptation costs in order to re-open safely. Available grants up to €15,000 open for applications until 8 October 2020. Find details here.
  • Enterprise Support Grant: Covid-19 support for micro enterprises. Restart grant of up to €1000 for those not liable for commercial rates. See here for more information.
  • Restart Grant Plus: Extra support is being provided for enterprises that could not access the original grant scheme, including rateable sports businesses and trading charity shops. Non-rated B&Bs will be eligible for a grant payment of €4,000. For more information on the newly revised scheme click here.
  • COVID-19 Pandemic Unemployment Payment has also been introduced for the self-employed who have lost business, or those who have been laid off as a result of the pandemic. Those eligible will be entitled to a six-week flat payment of €203 without having to attend an INTREO office.
  • The Micro-Enterprise Assistance Fund  - Assistance grant valued up to € 1,000. For Micro-Enterprises who are not eligible for the COVID-19 Restart/Restart Plus Grant or similar COVID-19 business restart grants (Further Eligibility Criteria Apply). Further details can be found here

Local Enterprise Office Galway remains open to assist local businesses with any queries they may have during this difficult time. 

Experts are available to assist with all queries at 091 509090, or through email at

Covid 19