New Covid 19 Grant: Micro-Enterprise Assistance Fund

COVID-19 Micro-Enterprise Assistance Fund

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.

Find Out More.

 

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