It'll help SME's with liquidity and purchasing safety equipment.
The new Covid-19 Restart Grant Scheme will help get small and medium businesses back on their feet.
Longford-Westmeath TD Peter Burke says the government understands the challenges companies across the midlands are facing, with restrictions largely still in place.
He says the new scheme is designed to assist businesses with liquidity and to buy new safety equipment.
To be eligible for the funding, your business must have a turnover of less than 5 million euro; must have 50 or less employees; and must have suffered a projected loss of revenue of at least 25 per cent.
Fine Gael Deputy Burke explains how the payment works:
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