Enterprise Ireland has announced €1 billion worth of financial support to Irish companies affected by the Covid-19 pandemic.
Businesses driving development and innovation will be helped through the coronavirus outbreak. You can avail of this financial support to seek assistance from marketing experts to strengthen your digital footprint, as e-commerce becomes increasingly competitive.
In terms of digital transformation, Covid-19 has sped up the realisation of the importance of a digital strategy. Mitigation measures for businesses must be pursued – if business owners are eligible to avail of the grant aid, utilising this may be a solution towards safeguarding your businesses and fueling growth.
New supports available include:
1.Lean Business Continuity Voucher
A new lean business continuity voucher covers either training or advisory services related to the business operations from an approved service provider up to a value of €2,500. This is available for small, medium and large enterprises. It facilitates you in seeking professional support to identify key measures necessary to recoup your losses and move your business forward.
This is an attractive proposition for businesses to get access to expert digital transformation or digital marketing advice and training for a fraction of the cost.
How to apply – Where possible, contact your Enterprise Ireland agency advisor in advance of submission as they will be required to approve the application.
You may apply via the Enterprise Ireland Online Application System.
2. Trading online voucher scheme
This scheme helps small businesses with up to 10 employees to increase online trading activities, boost sales and reach new markets. In the newly expanded scheme, grant aid it of up to €2,500 is available through the Local Enterprise Offices with co-funding of 10% from the business applicant.
The expanded trading online voucher scheme (due to Covid-19) is now extended to businesses that have already received a voucher. This allows you to upgrade your website, build a new platform, or use the fund for digital marketing activities conducted by professionals. Training and further business support are also provided by local enterprise offices.
Funding can be used towards adding payment facilities or booking systems to your website or developing new apps for your customers. The voucher can also be used towards subscriptions to online retail platform solutions, to help companies establish a retail presence online.
How to apply – E-mail or telephone your Local Enterprise Office to find out more. The team at Grofuse are happy to help with any queries on the scheme and to offer a free digital audit to identify where exactly your business can benefit most to boost online trading performance.
3. Online Retail Scheme
The purpose of this fund is to enable Irish-owned retailers to develop a more competitive online offer and enhance their digital capability. This will enable an increase in their customer base and build a more resilient business in the domestic and global marketplace, both online and offline.
Successful applicants will be awarded funding of up to 80% of the project eligible costs, with a maximum grant of €40,000.
How to apply – The Enterprise Ireland online application system is yet to become available. Follow Grofuse on LinkedIn or Facebook for the latest updates and we’ll let you know as soon as the application system is available.
4. Business Financial Planning Grant
This grant is a new support for all Enterprise Ireland clients. Also targeted at manufacturing or internationally-trading companies that employ 10 or more full-time employees.
The grant, worth up to €5,000, will enable companies to access support from approved financial consultants to prepare a robust financial plan to secure the company in the short to medium term.
How to apply – Contact your assigned Enterprise Ireland Adviser to discuss your application.
Why use Grofuse?
Grants such as these have already helped Grofuse clients rapidly grow their sales by facilitating expert advice on digital growth, marketing and PR; funding the creation of websites that boost sales and aiding the delivery of bespoke software innovations.
Talk to Grofuse to identify digital solutions to improve and automate your business processes; build web platforms to drive sales and boost marketing; and deliver PR campaigns that optimise engagement with your market.
Contact us today if you would like further advice, our team will be happy to help you. Telephone: +353 1 247 5294.