Kildare open for business - Tánaiste announces additional funding for small businesses

Kildare open for business

Tánaiste announces additional funding for small businesses

Up to 2,000 businesses nationwide eligible


On Monday 14th September, the Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD  visited Kildare and announced a Scheme aimed at helping small businesses most acutely impacted by COVID-19 restrictions.

The Micro-Enterprise Assistance Fund will help businesses with fewer than 10 employees, which are ineligible for existing grants, with a grant of up to €1,000 to help them adapt and invest to rebuild their business. About 2,000 businesses nationwide will benefit.

To qualify businesses must have experienced a 30% drop in turnover due to Covid-19 restrictions and commit to reopening and hiring again.

Grants will be based on the amount of vouched additional expenditure and the businesses must be commercially focussed, have an up to date tax compliance certificate and operate within eligible sectors.

 

Speaking from K Leisure in Naas, Kildare, the Tánaiste said:

"Kildare is fully open for business, in line with public health guidelines. Today we’re announcing a Fund which will help businesses, not eligible under our other schemes with the costs of reopening. While many businesses have benefitted from the Restart Grant Plus and other government schemes, this is for small businesses with up to 10 staff that have not been eligible to any scheme to date. It is recognition of the difficulties in adapting to COVID-19 that they have had. Now is the time to shop local and I encourage everyone to think of their local business owner when doing their weekly shop or looking to buy something."

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More details about the  process of applying for the Micro-Enterprise Assistance Fund are to follow.

 

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