Covid-19 Restart Grant
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Covid-19 Restart Grant
The government has announced details of a 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.
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 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
Applications will be open from Friday the 22nd of May. You can apply for the Restart Grant via your Local Authority
A Frequently Asked Questions section is included on each Local Authority website. Closing date for receipt of applications is 31st August 2020.
If you require assistance completing your application, please contact one of our offices