What is the government restart grant?
The Government has released details of the new €250 million Restart Grant Scheme. This scheme is designed to give direct grant aid of between €2,000 and €10,000 to micro and small businesses based on commercial rates bills from 2019.
What are the main points of the Restart Grant Scheme?
- It applies to businesses with sales of less than €5 million, employing 50 people or less.
- The business must have closed or suffered a 25% drop in sales to 30th June 2020.
- This Grant is a contribution towards the costs of re-opening or keeping a business operational and re-connecting with employees and customers.
This scheme is open for applications from Friday 22nd May 2020 through The Local Authorities.
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