Enterprise Support Grant Available to Small Business Owners
Source: Department of Employment Affairs and Social Protection- 25 June 2020
The Minister for Employment Affairs and Social Protection, Regina Doherty today announced that her Department’s Enterprise Support Grant will be made available to assist self-employed recipients who are exiting the Pandemic Unemployment Payment (PUP) scheme with a once-off grant of up to €1,000 to re-start their business. The Minister also announced that she was extending the funding for the School Meals Programme for summer 2020.
Enterprise Support Grant for Small Businesses
The Minister stated that the Enterprise Support Grant will be made available to assist self-employed recipients who are exiting the Pandemic Unemployment Payment (PUP) scheme. This will provide owners with a once-off grant of up to €1,000 to re-start their business. A fund of €12m has been allocated for the extension of this grant.
The grant will be payable to self-employed micro enterprises which employ fewer than 10 people, have an annual turnover of less than €1 million and are not eligible for support from the COVID 19 Business Restart Grant or other similar business reopening grants.
Minister Doherty explained:
“We want to get Ireland back working again. In many cases, this means tackling the roadblocks and obstacles which stop an otherwise viable business from getting back up and running or simply giving them a helping hand. It is crucial that we approach this task in an innovative and flexible manner and this is what underpins today’s announcement.
“Some small self-employed businesses may face difficulties in transitioning from the Pandemic Unemployment Payment to a reliance on normal trading income, particularly in situations where normal trading conditions have not fully resumed. The Enterprise Support Grant operated by my Department is normally paid to people who are in receipt of jobseeker payments who close their claim to start their own business/enter self-employment as a micro-enterprise. It usually helps people leave unemployment to start a new business but I am going to apply the scheme to help existing small businesses – typically trades people or sole traders – return to work and to give that return a helpful boost.”
The extension of the grant to eligible recipients of the Pandemic Unemployment Payment will provide businesses with a once-off payment of up to €1,000. The Grant will be awarded to tax and PRSI compliant self-employed individuals who:
Have been in receipt of the Covid-19 Pandemic Unemployment Payment and have closed their claim;
– Have reopened their business;
– Employ fewer than 10 people;
– Have an annual turnover of less than €1 million;
– Are not eligible for other similar Covid business re-start grants from other Government Departments;
– Are not liable for commercial rates;
– Produce VAT receipts/invoices in respect of business re-start costs and expenses claimed.
It is envisaged that those who close their PUP claim will have a period of 4 weeks, from date of claim closure, within which to submit a claim. This is to allow time for claimants to incur the necessary expenditure, gather receipts and submit a claim.
Now that a decision has been taken to extend the scheme in this manner, the Department is developing the systems to put it into effect and will communicate how to access the grant in the coming weeks.
Amararch Research survey on Employees thoughts and concerns when working from home.
This is an interesting piece of research that Amarach Research carried out in early May 2020 in relation to employees perspectives on working form home.
Full details and results here: https://amarach.com/assets/files/perspectives-on-working-from-home-an-am%C3%A1rach-report-may-2020-2(1).pdf
Master the Art of Networking
The All-Ireland Business Foundation have put together a Masterclass document to “Master the Art of Networking” – Now more than ever we need to harness the power of our network.
The document contains 42 bite-size Lessons To Master The Art of Networking
They recently held a Masterclass on The Power of Networking in a Post COVID World, presented by acclaimed speaker Kingsley Aikins, CEO at the Networking Institute. And the feedback has been overwhelming.
AIBF has therefore put together a summary of the entire session into 42 Bite-Size Lessons that you can apply right away.
You can read and download free PDF here (no sign-up required).
Rebooting Ireland: Sky Ireland launches €250,000 AdSmart scheme to support SMEs
Sky Ireland has launched a €250,000 AdSmart SME Support Scheme for businesses across the country.
In a move to support businesses that are demonstrating ingenuity during the current Covid-19 crisis, the fund will give 25 companies a free €10,000 television advertising campaign on the Sky AdSmart platform. The aim of the scheme is to help SMEs reach customers through TV advertisements, at a time when television consumption is up.
We want to help SME’s navigate this difficult time by helping them to create impactful advertising that will enable them to connect with the audiences that really matter to them via AdSmart.
Businesses can nominate themselves for the scheme or be put forward by a media agency. To be considered eligible, a company must have been in operation for at least one year and have up to 50 full-time employees.
Entries are being accepted until 29th May 2020 and to find out more information email email@example.com
Source: Business and Finance website: https://businessandfinance.com/rebooting-ireland-sky-ireland-launches-e250000-adsmart-scheme-to-support-smes/?ref=&utm_content=130022273&utm_medium=social&utm_source=linkedin&hss_channel=lcp-840693
€1 Million Direct Mail Grant – An Post Admailer
Launched on 25th May, An Post is offering 1,000 businesses help get their message out using Admailer.ie. subject to the following Terms and Conditions:
An Post is offering access to a Direct Mail Grant by way of a rebate of up to a maximum of €1,000 in connection with purchase of the An Post Admailer.ie service.
The first 1000 applicants can avail of this offer by entering the promo code OPENFORBUSINESS at the Admailer.ie checkout.
Allocations will be made strictly on a first come, first serve basis. An Post may, at its discretion, extend the offer to more than 1000 businesses if it deems appropriate but subject always to the maximum aggregate value of this offer not exceeding €1 million.
Find out more here: https://www.anpost.com/Commerce/Mail-Media/Mail-Marketing-Solutions/AdMailer
On the 29th May, the Minister for Employment Affairs and Social Protection confirmed that the Government made a decision to extend the suspension of redundancy provisions relating to temporary lay-off and short-time work which arose as a result of Covid-19, until August 10th 2020.
The legislation states that an employee cannot request redundancy under Section 12 of the Redundancy Payments Act 1967, if the Employer has implemented temporary layoff and/or short-time arrangements as a consequence of COVID-19.
The suspension of these provisions was introduced on March 13th under new emergency measures. A further suspension of these provisions was considered vital to ensure the future viability of businesses and help prevent further permanent job losses.
It is important to note that the employee’s right to claim redundancy has not been removed, but deferred for the emergency period in circumstances of temporary lay-off or short-time employment.
Please further note, if an Employer wishes to make an employee redundant there is still a full process involved in same.
(Source: HR Company)
Nearly a third of company bosses planning to downsize office, survey shows
Few directors believe all staff will return to office once Covid-19 restrictions lifted – Only a small percentage of company bosses believe all staff will be back in the office after lockdown, a new survey shows.
The poll by the Institute of Directors in Ireland (IoD) found that just 12 per cent of business leaders think their entire staff will revert to working from the office once the restrictions are lifted, albeit only 5 per cent believe all their staff will work remotely in the future.
The survey also found that nearly a third of directors (31 per cent) are either planning to downsize their office space or are considering it.
Experts believe Covid-19 could permanently shift working patterns as more companies and employees embrace the concept of remote working.
Nearly a third of respondents indicated, however, that their current office space or working environment is not conducive to implementing Government-approved social distancing measures.
Read more here
(Source: Irish Times 18th June 2020)