01 May 2020 by Madison Potter
Over the past few weeks, our way of life has completely changed in a way that has never been seen by our generation. Adapting to these changes has been challenging for most people. In particular, the working from home order has had a profound effect on how businesses function. It has demonstrated how important an online presence is for companies.
Having to switch your company's marketing strategy can be extremely challenging, especially if you are a smaller business during this time of uncertainty. But there is some fantastic news for Irish-owned retail enterprises. The Department of Business, Enterprise and Innovation (DBEI) has proposed a scheme in response to the Covid-19 crisis and the urgent need for retail companies to improve and strengthen their online capabilities.
Web Bureau, who are delighted to be listed as one of the Consulting Agencies, has laid out some of the key requirements and links to application forms. These kind of schemes are exactly what businesses need in this time of change, and we want to ensure you have the best odds!
Enterprise Ireland has announced the COVID-19 Online Retail Scheme with a total fund size of €2M. This fund will enable Irish-owned retailers to enhance their digital capability and to develop a more competitive online offer, that 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 to support a maximum of 80% of the project’s eligible costs with a maximum grant of €40,000.
The applicant must be an Irish-owned retail enterprise that has had 10 or more employees on or before 29 February 2020 and has the potential to sustain or create jobs, generate growth in online transactions and those who have the ambition to internationalise their business in future. An application must be submitted in the name of a company registered with the Companies Registration Office and incorporated in the Republic of Ireland at the time of application. The business must also:
Please read more here if you an are unsure with you meet these criteria here
Successful applicants will be awarded funding to support a maximum of 80% of the project costs.
The minimum grant amount payable is €10,000 under this Scheme.
The application must be made via the Enterprise Ireland Online Application System during the Call open dates.
Call open date: Wednesday 29th April 2020
Call close date: Wednesday 27th May 2020 at 3pm
Not sure what to do or where to start? Talk to us, we’d be happy to help and give you support so you have the best odds of successfully winning the scheme for your business! Don’t miss out on this amazing opportunity to expand your business!