Almost €3 million euro has been provide to Carlow companies to helpt them restart their business in Covid-19 times.
2.9million has been paid to Carlow companies as part of the Restart Grant Plus up to 9 October. The funds are allocated through Carlow County Council and other local authorities and Carlow was given a 4.1 million euro allocation.
Under the scheme, small and medium sized businesses can now get between €4,000 and €25,000 to help o help with the costs associated with reopening and adapting to what is a very different environment.
To qualify for a grant, the important criteria are:
- a business must be commercial and in the local authority rates system (apart from non-rateable B&Bs who can apply to Fáilte Ireland)
- it must have suffered a 25% loss of expected turnover between 1 April and 30 June 2020
- it must have less than 250 employees and turnover less than €25 million
- it must declare its intention to re-employ staff in receipt of the Temporary Wage Subsidy Scheme