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The Government Restart Grant for Small Businesses

· Costs,Bookkeeping,Cloud Accounting,Small business

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.

Would you like to learn more. Please book an appointment below and one of our team will be happy to provide guidance.

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