COVID-19: Restart Grant

Applications for the Restart Grant open today and can be made via a simple online application form on your local Council website. The grant, which is targeted at helping businesses reopen in line with the National Roadmap, will be worth between €2,000 and €10,000 to each applicable business, based on 2019 rates.

Key qualifying criteria are:

  • Have an annual turnover of less than €5m and employ between 1 to 50 people; 
  • Have closed and/or suffered a projected 25%+ loss in turnover to end June 2020; 
  • Commit to remain open or to reopen if it was closed; 
  • Declare the intention to retaining employees that are on The Temporary Wage Subsidy Scheme (TWSS) and to reemploy staff on the Pandemic Unemployment Payment where applicable. 

The Restart Grant is one of a number of measures and supports that have been made available to SMEs.

Below is our quick guide to the main supports and as ever, we are available to assist in applying for and availing of these.

How RBK can help:

If you need any further assistance in relation to the Business Supports, please contact your usual RBK contact in confidence or:

Chris Ball

Corporate Finance Partner

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