The Department of Business, Enterprise and Innovation have announced a number of supports for all businesses impacted by Covid-19. These include:

  • Expansion of two SBCI Loan Schemes by €450m to provide an extra €250m for working capital and €200m for longer-term loans, bringing the total allocation to support liquidity in companies affected by the COVID-19 crisis to €650m
  • €180m Sustaining Enterprise Fund for firms in the manufacturing and international services sectors
  • Extension of supports for online trading to €7.6m
  • Expansion of Microfinance Ireland funding by €13m to €20m for COVID-19 loans with interest rates dropped from 7.8% to 4.5%
  • Free mentoring, free online training for all businesses

Supports for businesses impacted by COVID-19

 

 

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