Local Enterprise Office support
THE Local Enterprise Office network stands ready to assist businesses to address the critical challenges presented by the COVID-19 virus pandemic. Businesses which are seeking support to assist with business continuity and preparedness connected to the COVID-19 outbreak, may be provided with a Business Continuity Voucher subject to certain conditions and criteria. This offer is in addition to the current range of business supports for microenterprises.
Local Enterprise Offices can offer supports that can help your business respond. These include:
COVID-19 Business Loan
The COVID-19 Business Loan from Microfinance Ireland (MFI), in partnership with Local Enterprise Offices, is a Government-funded initiative to support small businesses through the current period of uncertainty.
It is designed for micro-enterprises that are:
• having difficulty accessing bank finance and
• impacted, or may be impacted negatively, by COVID-19 resulting in a reduction of 15% or more in turnover or profit
Business Continuity Vouchers
The Local Enterprise Office Business Continuity Voucher is designed for businesses across every sector that employ up to 50 people. The voucher is worth up to €2,500 in third party consultancy costs and can be used by companies and sole traders to develop short-term and long-term strategies to respond to the COVID-19 pandemic.
The goal is to help business owners make informed decisions about what immediate measures and remedial actions should be taken, to protect staff and sales.
*Please note This scheme is not suitable for clients of Enterprise Ireland, IDA or Údarás na Gaeltachta. Client companies of Enterprise Ireland, IDA or Údarás na Gaeltachta should contact their relevant agency, which have other suitable supports in place. This is a restricted scheme with ordinarily one voucher available per business For more information, visit your Local Enterprise Office online at LEO.