• Paula Travers

THE ENTERPRISE SUPPORT GRANT - What Every Small Business Owner Needs to Know

The Minister for Employment Affairs and Social Protection, Regina Doherty has announced that her Departmentโ€™s Enterprise Support Grant will be made available to assist self-employed recipients who are exiting the Pandemic Unemployment Payment (PUP) scheme with a ๐™ค๐™ฃ๐™˜๐™š-๐™ค๐™›๐™› ๐™œ๐™ง๐™–๐™ฃ๐™ฉ ๐™ค๐™› ๐™ช๐™ฅ ๐™ฉ๐™ค โ‚ฌ๐Ÿญ,๐Ÿฌ๐Ÿฌ๐Ÿฌ ๐™ฉ๐™ค ๐™ง๐™š-๐™จ๐™ฉ๐™–๐™ง๐™ฉ ๐™ฉ๐™๐™š๐™ž๐™ง ๐™—๐™ช๐™จ๐™ž๐™ฃ๐™š๐™จ๐™จ.

These are the details that are available (more to follow in the coming weeks):

โœณ Available to Self-Employed individuals who are exiting the Pandemic Unemployment Payment (PUP) scheme. โœณ This is a once-off grant of up to โ‚ฌ1,000, to be used to re-start their business. โœณ In order to avail of the grant businesses MUST: โœ… Be Tax & PRSI ๐™˜๐™ค๐™ข๐™ฅ๐™ก๐™ž๐™–๐™ฃ๐™ฉ. โœ… Have been in receipt of the ๐™‹๐™๐™‹ ๐˜ผ๐™‰๐˜ฟ ๐™ƒ๐˜ผ๐™‘๐™€ ๐˜พ๐™‡๐™Š๐™Ž๐™€๐˜ฟ ๐™๐™ƒ๐™€๐™„๐™ ๐˜พ๐™‡๐˜ผ๐™„๐™ˆ. โœ… Have ๐™ง๐™š๐™ค๐™ฅ๐™š๐™ฃ๐™š๐™™ their business. โœ… Employ ๐™›๐™š๐™ฌ๐™š๐™ง ๐™ฉ๐™๐™–๐™ฃ ๐Ÿญ๐Ÿฌ ๐™ฅ๐™š๐™ค๐™ฅ๐™ก๐™š. โœ… Have annual turnover (sales) of ๐™ก๐™š๐™จ๐™จ ๐™ฉ๐™๐™–๐™ฃ โ‚ฌ๐Ÿญ ๐™ข๐™ž๐™ก๐™ก๐™ž๐™ค๐™ฃ. โœ… NOT BE ELIGIBLE FOR THE COVID19 RESTART GRANT OR OTHER SIMILAR BUSINESS REOPENING GRANTS. โœ… Not be liable for ๐™˜๐™ค๐™ข๐™ข๐™š๐™ง๐™˜๐™ž๐™–๐™ก ๐™ง๐™–๐™ฉ๐™š๐™จ. โœ… Produce valid receipts/invoices in respect of ๐™—๐™ช๐™จ๐™ž๐™ฃ๐™š๐™จ๐™จ ๐™ง๐™š๐™จ๐™ฉ๐™–๐™ง๐™ฉ ๐™˜๐™ค๐™จ๐™ฉ๐™จ.

โœณ Further details to be announced in the coming weeks. โ‡ This is good news for those small business owners who did not match the criteria to avail of the Restart Grant. โ‡ โ‚ฌ1,000 can be a lifeline for a small business and this is a very welcome announcement ๐Ÿ˜€๐Ÿ‘

#smallbusinesssupport #cashflow #restart #businessownerlife

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