Major Expansion of Business Supports for SMEs

Minister Heather Humphreys TD, today announced a major expansion of supports for all businesses impacted by COVID-19.

New measures include:

  • Expansion of two SBCI Loan Schemes by €450m to provide an extra €250m for working capital & €200m for longer-term loans
  • €180m Sustaining Enterprise Fund for firms in the manufacturing and international services sectors
  • Extension of supports for online trading to €7.6m

For further information and to read the full press release on this announcement, see here.