COVID 19 Business Restart Grant
A €250 million Restart Fund has been created nationally by the Minister for Business, Enterprise and Innovation. The purpose is to to help micro and small enterprises with the costs of reopening during Covid-19. Companies can apply for a grant to Cork City Council of an amount equivalent to no more than their 2019 rates bill and there will be a cap of €10,000. The grant can be used to pay ongoing fixed costs, for replenishing stock and for measures needed to ensure employee and customer safety.
To receive the grant from Cork City Council, a business must:
- Have an existing rate account with Cork City Council
- Have an annual turnover of less than €5 million and employ between 1 to 50 people
- Have closed, or incurred a projected 25% or more loss in turnover to the end June 2020
- Commit to remain open or to reopen if it was closed
- Declare the intention to retaining employees that are on the Temporary Wage Subsidy Scheme and to reemploy staff on the COVID-19 Pandemic Unemployment Payment where applicable
Apply online for the COVID 19 Business Restart Grant
Frequently Asked Questions
1. What types of business can apply?
Subject to the qualifying criteria below, any business that has a commercially rateable premises, or where rates are paid on yourbehalf and attributable to the business premises you occupy,can apply.
Multiple chain stores, i.e. a business that is a non-financially independent branch of a group of chain stores which is owned and managed by a single entity, are not eligible. Non-commercial organisations such as community and sporting premises (including charity shops and community and sporting premises with a bar) are not eligible. Businesses that do not operate from commercially rateable premises (tradesmen, service providers, etc) are not eligible. Premises that were vacant prior to the Covid-19 emergency are not eligible for the grant.
2. How soon will I get my grant?
On average, we hope to issue approval within one week. This depends, of course, on the initial volume of applications. Applications will be processed in relation to anticipated re-opening dates, in line with the Government’s strategy for the re-opening of the economy.
3. How much will I get?
4. If my rates demand for calendar year 2019 was less than €2,000 can I receive a grant of €2,000?
5. What can I use the grant for?
6. If my premises was not rate assessed in 2019 am I eligible?
7. If I have not paid my 2019 rates, am I eligible?
8. If my rates are in arrears, am I eligible?
9. How do I apply?
10. How will the grant be paid?
11. What are the criteria for qualifying for the grant?
A business must have a turnover of less than €5m and have 50 or less employees.
The business must have suffered a projected 25%+ loss in revenue from 1st April 2020 to 30th June 2020.
The business must commit to remain open or to reopen if it was closed. The business must also declare the intention to retain employees that are benefitting from the Temporary Wage Subsidy Scheme (TWSS).Businesses should retain supporting documentation as spot-checks may be carried out to verify a declaration to this effect.
12. When is the closing date?
13. What is my Customer Number?
14. What is my Rate Number?
15. What is my Business Category?
Business Categories, based on the Government’s Roadmap for a phased re-opening of the economy, are as set out below:
Business never closed.
Phase 1 (18 May)
Hardware, garden centres, opticians, motor/cycle repairs, office products, electrical, IT equipment, phone sales/repairs, outdoor construction, public amenities.
Small retail outlets, marts.
Creches for essential workers, retail outlets with street entrance, cafes, and restaurants for on-premises consumption.
Creches, ‘high-risk’ services including hairdressers, tourism accommodation.
Bars, theatres, cinemas, gyms, shopping centres.
16. What is my Revenue Number?
Your revenue number is your Tax Registration Number (TRN) which is a business’ number for all dealings with Revenue.
17. What is a Bank Statement Header?
The bank statement header is the top of a recent bank statement indicating your business name and address and business bank account number, which should be scanned and uploaded as an attachment to the application form to verify your business name and address, and your bank account details.
18. How do I sign the form?
Applicants should type in their name and by pressing “Submit” they are confirming that all details are correct/true.
19. Do I need to submit a Tax Clearance Access Number?
20. Where can I get more information?
Further information can be obtained from your Local Authority Business Support Unit at Phone: 021 4924000 or email email@example.com
21. If I am not happy with the decision to refuse my grant can I appeal?
Yes, any decision to refuse a grant may be appealed to firstname.lastname@example.org up to 30th September 2020