Are you a small business with turnover of less than €5m? Do you employ 1–50 people?

The new €250m Covid-19 Restart Grant provides direct grant aid to micro and small businesses to help with the costs associated with reopening and re-employing workers following COVID-19 closures.

https://www.dlrcoco.ie/en/council-democracy/finance/restart-grant

To avail of the Restart Grant, applicants must be a commercial business and be in DLRs Commercial Rates Payment System and:

  1. have an annual turnover of less than €5m and employ between 1 to 50 people;
  2. have suffered a projected 25%+ loss in turnover to end June 2020;
  3. commit to remain open or to reopen if it was closed;
  4. declare the intention to retain employees that are on The Temporary Wage Subsidy Scheme and re-employ staff on the Pandemic Unemployment Payment as business recovers.

The grant will be equivalent to the rates bill of the business in 2019, or a minimum payment of €2,000, whichever is the higher, and will be subject to a maximum payment of €10,000.

There are some good collateral to share on the scheme as follows

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