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Factsheet for measure IE-2020-18/796 – Updated – measures in Ireland
Country | Ireland , applies nationwide |
Time period | Temporary, 30 April 2020 – 25 May 2021 |
Context | COVID-19 |
Type | Legislations or other statutory regulations |
Category |
Reorientation of business activities
– Creation of platforms for businesses aimed at customer |
Author | Roisin Farelly (IRN Publishing) and Eurofound |
Measure added | 26 April 2020 (updated 15 November 2021) |
The Department of Business, Enterprise and Innovation (DBEI) has proposed this scheme in response to the COVID-19 crisis and the urgent need for retail companies to achieve a step change in online capability.
The fund will be administered by Enterprise Ireland on behalf of DBEI with a total fund size of €2 million. Applications for funding will be invited through a public call for submission of projects. Successful applicants will be awarded funding to support a maximum of 80% of the project eligible costs with a maximum grant of €40,000.
The purpose of this fund is to enable Irish-owned retailers to enhance their digital capability and to develop a more competitive online offer, that will enable an increase in their customer base and build a more resilient business in the domestic and global marketplace both online and offline. Typical elements involved in developing a sophisticated and transactional online presence include research, consultancy costs for strategy development, implementation and training.
The applicant must be an Irish-owned retail enterprise that had 10 or more employees on or before 29 February 2020 and has the potential to sustain or create jobs, generate growth in online transactions and has an ambition to internationalise their business in future.
The business must also:
Successful applicants will be awarded funding to support a maximum of 80% of the project costs. The minimum grant amount payable is €10,000 under this Scheme.
The following updates to this measure have been made after it came into effect.
30 June 2021 |
A third call launched in May 2021. |
30 June 2021 |
As part of the third call, 133 retailers were approved with €5 million in funding. The average grant value was €37,500. |
According to the Department of Enterprise, Trade and Employment: 185 applications were approved under the first call with a total value of €6.58 million. A further 145 applications were approved under the second call with a total value of €5.31 million.
A third call launched in May 2021 resulted in 133 applications being approved with a total of €5 million funding being provided.
Prior to this, according to the Department of Enterprise, Trade and Employment, 370 companies received funding under the Online Retail Scheme to the value of €12.8 million.
According to the COVID-19 and Brexit Business Supports Tracker 2021:
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers |
Sector specific set of companies
Companies providing essential services SMEs |
Does not apply to citizens |
Actors | Funding |
---|---|
National government
Public support service providers |
National funds
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | No involvement | No involvement |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
N/A
No involvement.
This case is sector-specific (only private sector)
Economic area | Sector (NACE level 2) |
---|---|
G - Wholesale And Retail Trade; Repair Of Motor Vehicles And Motorcycles | G45 Wholesale and retail trade and repair of motor vehicles and motorcycles |
This case is not occupation-specific.
Citation
Eurofound (2020), COVID-19 online retail scheme, measure IE-2020-18/796 (measures in Ireland), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/IE-2020-18_796.html
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