Key changes to the Restart Grant Plus Scheme:
There have been some updates to the scheme.
If you received the grant already, an additional amount is on the way to you: Click Here
If you didn’t receive money before, you can apply now: B&B’s qualify Click Here
* The list of County Council Websites are on this link,
Get in now is my advice*
(We can apply for you for a €100 + vat fee investment, but maybe have a crack at it yourself if you think you might be eligible)
Call 1800 476 984 or Contact Us Here
What This is About:
▶️€300m additional funding in addition to €250m previously committed.
▶️ Grant amount has increased substantially. Minimum grant is now €4,000 and maximum is €25,000. Previous grant amounts were €2,000 and €10,000 respectively.
▶️ Medium sized companies now eligible Companies with up to 250 employees can now apply (previously the grant was for companies with less than 50 employees).
▶️ Increased eligibility Non-rateable B&Bs, sports clubs with commercial activities and trading charity shops are now eligible.
▶️ Businesses that received a grant under the first scheme can re-apply to local authorities to receive additional funding.
🟩 For first-time applicants under Restart Plus, the minimum grant is €4,000 and the maximum is €25,000.
Applications to Fáilte Ireland, who will administer the funding to non-rate paying B&Bs, will open over the coming weeks.
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;
- have less than 250 employees and turnover less than €25m;
- It must declare its intention to re-employ staff in receipt of the Temporary Wage Subsidy Scheme.
🟩 Further details about the Restart Grant
▶️ The grant will be based on the amount of the rates assessment for the premises for 2019 (excluding arrears) with a new minimum grant of €4,000 and a maximum grant of €25,000 (Increased from €2,000 min and €10,000 max).
▶️ Eligible firms now include medium-sized firms and independent hotels with up to 250 employees, as well as small firms (increased from 50 employees).
▶️ Businesses impacted by a 25% reduction in turnover will be eligible provided they commit to reopening and to hiring and sustaining employment.
▶️ A turnover of up to €25m is now allowable, increased from €5m. There is a cap of €100,000 turnover per employee.
▶️ Commercial sports businesses and trading charity shops in rated premises can now apply for the grant.⚽️🏀⚾️🏈🏓🏸⛳️🏏
▶️The hospitality sector, restaurants, pubs, activity centres and tourist attractions, e.g., galleries,🖼🎨 museums 🏦are eligible if they are operating from a rated premise.
▶️ B&Bs🛌🛌 in non-rated premises will be eligible to apply for the minimum €4,000 grant from Fáilte Ireland.
▶️ A franchisee which is a financially independent company and is completely separate to the franchisor is eligible to apply.
▶️ Small company chains can apply if they meet the criteria of <250 employees and €25m turnover in totality across the company and all the branches.
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