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SMEs and microenterprises can now apply for the Small Business Assistance Scheme for COVID (SBASC) via a new streamlined application process through their Local Authority or Local Enterprise Office.

Microenterprises with a turnover of between €20,000 and €49,999 can apply for a €1,000 grant. Businesses with a turnover of €50,000 and over can apply for a grant of €4,000.

Businesses that received the grant in the first round can receive a second grant provided they are still eligible. You can read more on the eligibility for the grant here 

Following the recent launch of the Economic Recovery Plan 2021, the Government decided that businesses operating from non-rateable premises, such as a home office or hot-desk are now also eligible to apply.

 

Date published 23 Jun 2021 | Last updated 23 Jun 2021

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