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Inishowen businesses urged to apply for Restart Grant 23.07.20

CATHAOIRLEACH, Cllr Rena Donaghey, has called on businesses in Inishowen to apply for the Restart Grant from Donegal County Council.
“To date 1,600 businesses have applied for the business Restart Grant in Donegal and over €3.4m has already been paid out by the Council with remaining applications currently being processed. I am delighted to see these businesses apply for this grant but I am keen to highlight that the scheme is still open until 31 August and I would urge all eligible businesses in Inishowen to apply for this grant which I know has been a life line for many businesses who have incurred so many additional costs to simply comply with the public health requirements from Covid-19.  We have over 5,000 commercial rate payers in Donegal so there are more businesses that are eligible to apply and I strongly urge them to do so”.
For more information visit www.donegalcoco.ie .
The scheme offers direct grant aid to small businesses to help towards the costs associated with reopening or remaining open and re-employing workers following the Covid-19 restrictions.
To be eligible applicants must be a commercially rateable business and have an annual turnover of less than €5 million and have 50 or less employees; have suffered a projected 25 per cent loss in turnover from April 1 to the end of June; commit to remain open or to reopen if closed; and declare the intention to retain employees currently on the temporary wage subsidy scheme. The grant aid payable is based on the equivalent to the rates bill of the business in 2019, with a minimum payment of €2,000 and a maximum payment of €10,000.

Applications can be made online at Donegalcoco.ie and the closing date is 31st August 2020.
Further information can be obtained by emailing restartgrant@donegalcoco.ie or visiting www.donegalcoco.ie .
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