Enhanced Restart Grant

Enhanced RESTART GRANT

 

In light of the Government July Stimulus announcement on 23rd July 2020, the RESTART GRANT is temporarily suspended.

 

An enhanced RESTART GRANT, with further funding of €300 million will be made available to businesses in due course through local authorities.

 

The maximum grant available will rise to €25,000 (up from €10,000) and the minimum payment will be €4,000 (up from €2,000). Firms that accessed the Restart Grant will be eligible to apply for a second top-up payment to a total combined value of the revised minimum and maximum grant levels. The criteria for accessing the scheme will include Enterprises that have:

  • 250 employees or less;
  • Turnover of less than €100,000 per employee; and
  • Reduced turnover by 25% as a result of COVID-19

Under the revised Restart Grant, support will also be provided for enterprises that could not access the original grant scheme. Non-rated B&Bs and rateable sports businesses will be eligible for a grant payment of €4,000 (B&B will be eligible to apply to Failte Ireland).

See following link for an overview of the July Jobs Stimulus 2020:   https://www.gov.ie/en/publication/c48ab-july-jobs-stimulus/

Further details will be provided later.