Twenty per cent of Limerick businesses have not applied for the Council’s new grant scheme.
Over €17.8 million has been paid out to three thousand Limerick businesses as part of the Business Restart Grant Plus Scheme.
The Limerick City and County Council have administered this scheme to help offset the costs associated with the Covid-19 pandemic.
Since its launch, the Council has received 4,211 applications with a value of nearly €20 million.
Mayor of the City and County of Limerick, Michael Collins said: “As a small business owner I understand the worry and confusion brought about by Covid-19. Some futures are uncertain, and it is difficult to live with the ‘not knowing’.”
“The Business Restart Grant Plus will, in some way, help allay some of the costs associated and incurred when re-opening or keeping a business operational as well as re-connecting with employees and customers,” said Mayor Collins.
Eligible businesses will receive a grant aid between a minimum of €4,000 to €25,000, based on the 2019 commercial rates bill.
The grant is available to businesses with a turnover of less than €100,000 per employee up to a maximum of €25 million.
If a business previously applied to the initial Restart Grant Scheme, they do not need to complete a new application for the Restart Plus.
Full criteria along with an application form can be found here.
Closing date for applications is 31 October 2020.