Tanaiste Leo Varadkar announces €6.5m euro in grants to retail sector through Covid-19 Online Retail Scheme

183 retailers will receive funding via the scheme which aims to accelerate Irish retailers’ online offering and increase competitiveness .  Three quarters of successful applicants located outside Dublin

EI

The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD, has today announced the successful applicants approved for funding through the Covid-19 Online Retail Scheme, which is administered by Enterprise Ireland. 183 retailers have been approved for €6.5m in funding as part of the scheme, which is targeted at online retailers to strengthen their online offering and enable them to reach a wider customer base.

Almost three quarters of the successful applicants are located outside Dublin with 130 retailers from these regions approved for funding.

The value of the scheme, which received 373 applications, was increased from €2m to €6.5m due to the high level of demand amongst retailers and the high quality of the proposals received. The Scheme helps Irish-owned retailers to strategically enhance their online sales capabilities, so they can be more competitive, sustain jobs and subsequently scale their businesses in international markets.

Under this Covid-19 competitive call, the successful applicants will receive funding ranging from €16,000 to €40,000 to strengthen their online offering. The average grant value is €35,500. Enterprise Ireland will be opening a 2nd Call under the Covid-19 Online Retail Scheme in the coming weeks.  Read the full Article

Source:  Enterprise Ireland

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