The government has announced details of the new €250 million Restart Grant, which will give direct grant aid to micro and small businesses to help them with the costs associated with reopening and reemploying workers following COVID-19 closures.
Published on: 22 May 2020
The Grant Programme is devised as a contribution towards the cost of re-opening or keeping a business operational, and reconnecting with employees and customers. The grant will be the amount of a business’ rates assessment for 2019 (excluding arrears), subject to a minimum of €2,000 and a maximum of €10,000 (i.e. businesses who paid less than €2,000 are eligible to claim €2,000.
The scheme applies to small businesses with a turnover of under €5 million and employing 50 people or less, which were closed or impacted by at least a 25% reduction in turnover out to 30 June 2020. The grant is intended as a contribution towards the cost of reopening or keeping a business operational and re-connecting with employees and customers, therefore businesses must commit to remain open or to reopen if it was closed and declare their intention to retaining employees that are on the Temporary Wage Subsidy Scheme (TWSS).
How to apply
Apply for the Restart Grant HERE
Frequently Asked Questions
Download the Restart Grant FAQ document HERE
For further information, email firstname.lastname@example.org, or contact the Finance Department on 049-4378300