MEANit Guide To

Covid Business Supports

To ensure you are aware of the COVID business supports available to you, we have gathered information on some Government grants which may help sustain your business and prepare it to flourish when the world begins to turn again.

COVID Business Supports For the Covid-19 Period

Business Continuity Voucher up to €2500

COVID-Business-Continuity-Voucher-LEOThe new Business Continuity Voucher, available through Local Enterprise Offices, 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 companies make informed decisions about what immediate measures and remedial actions should be taken, to protect staff and sales.
If your application is successful, a qualified expert will be selected by your Local Enterprise Office to work with you on your business continuity plans. The value of this service is up to a maximum of €2,500.

Oisin Geoghegan of LEO said “For a huge number of small businesses, survival is the over-riding objective at this time so making the right decisions is crucial. There is where the new Business Continuity Voucher can help. The kind of areas that the voucher will help will vary, depending on the needs of each business, but it will include very important measures such as preparing a business case for application to emergency funding, developing a business continuity plan, reducing variable costs, reviewing and exploring supply chain financing options, implementing remote working processes or procedures, and leveraging expertise in HR and ICT.”

 

Expanded Trading Online Voucher up to €2500COVID-Trading-Online-Voucher

Under the Government’s National Digital Strategy, the expanded Trading Online Voucher Scheme helps small businesses with up to 10 employees to trade more online, boost sales and reach new markets. There is up to €2,500 available through the Local Enterprise Offices with co-funding of 10% from the business* Training and further business supports are also provided by Local Enterprise Offices and businesses that have already received a Trading Online Voucher can now apply for a second voucher, where upgrades are required.

Funding can be used towards adding payment facilities or booking systems to your website or  towards subscriptions to low cost online retail platform solutions, to help companies quickly establish a retailing presence online.

What the vouchers can be used for exactly:

  • IT consultation
  • Development or upgrade of an e-commerce website
  • Implementing Online payments or booking systems
  • Purchase of Internet related software
  • Purchase of online advertising (this purchase cannot make up any more than 30% of approved Voucher costs and can only be drawn down in one payment phase)
  • Developing an app (or multiplatform webpages)
  • Development of a digital marketing strategy
  • Implementing a digital marketing strategy
  • Training/skills development specifically to establish and manage an on-line trading activity.

    Every Local Enterprise Office has its own e-mail address and you’ll find these addresses 
    HERE. OR talk to us now.

Enterprise eCommerce Grant up to €40,000 – COVID-19 Online Retail Scheme

COVID-19 Online Retail Scheme or Enterprise eCommerce Grant available to a max of €40,000 or 80% of project costs, minimum of €10,000. This is for any Irish-owned retail enterprise with 10 or more employees before 29th February 2020, with a retail outlet and with an existing online presence of some sort.
Eligible costs include: salary costs up to €200 a day for one person internally and external consultancy fees to develop a digital strategy, enhance the company’s website or to provide training for the eCommerce project. See more info HERE or watch the recorded Webinar HERE for a video explanation.
Apply by 3.00 pm on Wednesday 20th May 2020. Any questions email : retail@enterprise-ireland.com

Mentoring

Under the Local Enterprise Office Mentor Programme, clients work with an experienced mentor to identify solutions to areas of exposure within their business.

With advice and guidance from their mentor, clients develop strategies that are more robust, which address issues and maximise potential opportunities when the COVID-19 crisis comes to an end. Mentoring services are now free of charge. This is the ideal first step to find out what to do next and how to benefit most from the varied supports available to you. E-mail or telephone your Local Enterprise Office to find out more.

New COVID -19 Business Loan

*First 6 months – Interest & Repayment Free
*New low rate of 4.5% through the Local Enterprise Offices

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’s designed for micro-enterprises that are a) having difficulty accessing Bank finance and b) impacted, or may be impacted negatively, by COVID-19 resulting in a reduction of 15% or more in turnover or profit.

Loan Features

  • Business Loans of up to €50,000 are available for eligible micro-enterprises (ie businesses with less than 10 employees and up to €2m annual turnover) that are currently trading
  • Loans may be used for working capital and required business changes as a result of COVID-19
  • Loan terms are typically up to 3 years
  • 6 months interest free and repayment free moratorium, with the loan to then be repaid over the remaining 30 months of the 36-month loan period.
  • New low interest rate of 4.5% if submitted through Local Enterprise Office or referred by your Bank and 5.5% if you apply to Microfinance Ireland directly
  • No fees or hidden costs with fixed repayments. No penalty for early repayment
    Capital expenditure, and in exceptional circumstances working capital loans, may be funded up to 5 years. Here’s a link to Frequently Asked Questions about the Loan  HERE.
Michael and his team are very easy to work with. They really listen to what you want and make suggestions for improvements. Highly recommended!
Susan Stevenson
Susan Stevenson
12:33 16 Apr 20
I could not recommend Michael enough for anyone who is looking to build a website. Right from the beginning Michael was there to assist, and build my website to ensure all the content I wanted was there and the site was professional. Throughout he has been excellent with giving me tips on how to build my site, and how to increase visitors and climb higher on Google. Without Michael and the team’s knowledge, experience and persistence I wouldn’t have the website up and running at the success it is. Thank you again Michael and the team!
Gwen Clarke
Gwen Clarke
16:35 05 Mar 20
MEANit provided support for our website at Harvey's Point and we highly recommend Michael and the team. Always quick to respond to any issues or queries we had and explained everything in a way we could easily understand. They went to great efforts to help us resolve an ongoing issue and John in particular was a huge support and nothing was ever too much trouble. Everything is taken care of in an efficient and knowledgeable manner. Great to have a company like this in Donegal.
Carina Monteith
Carina Monteith
11:22 12 Nov 19
Michael and the team know what they're doing when it comes to website building. Get a mobile friendly site, and as a bonus get everything else from graphic designers to photo and videographers through their agency affiliates.
Austin Blaylock
Austin Blaylock
10:37 04 Oct 19
Who doesn't need a website these days? MeanIT are definitely the team to go to for yours. We have been absolutely delighted with their professionalism, skill and service. The site they built for Cavern Design Printing has been transformative for our business and has drawn glowing feedback from our customers. In addition to creating modern responsive websites MeanIT back this with superb support when needed - quick and efficient and their knowledge of the modern web is unsurpassed. Look no further for your web design - Michael, John and the team at MeanIT will do it all and you can watch your business grow!
Cavern Design
Cavern Design
09:38 03 Oct 19
Michael and his team are great to work with. So glad to have found a design agencies who can deliver results within my budget!
Clare Ryan
Clare Ryan
10:45 14 May 19
MEANit are my "go to" agency for web design and consultancy. I have referred several clients to them and all have come back with glowing reports in terms of service, expertise and understanding of their needs. highly recommended.
Conall Dunne
Conall Dunne
10:14 06 May 19
I have referred Michael to a number of my clients and everyone of them has said that Mean IT are the best web agency they have ever worked with, no jargon, no messing around just top class service from start to finish. Great work guys!
Darren Donaghy
Darren Donaghy
11:05 01 May 19
I have referred Michael to a number of my clients and everyone of them has said that Mean IT are the best web agency they have ever worked with, no jargon, no messing around just top class service from start to finish. Great work guys!
Darren Donaghy
Darren Donaghy
11:05 01 May 19
Have only been working with these guys for a few days and can already say they are fantastic at what they do.
Gary O'Brien
Gary O'Brien
23:00 26 Jan 19
Years of experience coupled with up to the minute technical expertise and a real desire to deliver for their clients puts Michael & his team at the head of their field. We have referred clients to MeanIT and without exception they have all been impressed with the results. Highly recommended.
MLMG Accountants
MLMG Accountants
15:48 17 Jul 18
Michael & his team at Mean IT build great websites, most definitely the best in their field. They recommend what is best for you and your business, even though you may not understand why. They’re very approachable, easy to talk to, no task is too big or too small and great to work with. I highly recommend MeanIT for developing and maintaining your websites!
Heather Peoples
Heather Peoples
11:36 11 Jul 18
As a complete novice when it comes to websites, Michael and John are a breath of fresh air. From start to finish they talked me through everything I needed to know. And then showed my wife and daughter how to edit site to keep it up to date. Definitely deserve 5 stars.
Kenneth Lee
Kenneth Lee
11:01 10 Jun 18
We have been working with Michael for the last three years,We gave him a brief to get our construction company to no 1 in the google ratings and google searches for builder DonegalMichael with the help of his team has delivered that.Galbraith Construction have always found Meanit very supportive and helpfull when we have asked for help over the last few years.
bert galbraith
bert galbraith
05:39 10 May 18