InterTradeIreland: Emergency Business Solutions

InterTradeIreland has developed an Emergency Business Solutions’ scheme to address key business challenges as a result of COVID-19. The scheme offers support to eligible businesses by way of funding for the cost of professional advice up to £2,000 (inclusive of VAT).

Support to businesses who require emergency guidance includes:

• Guidance and direction to relevant Government supports, and assistance in applying for this support where appropriate;
• Emergency guidance in relation to people, cash flow and supply chain issues;
• Completion of lending applications for loan supports;
• Legal issues (HR, employment and redundancy advice, contracts, advice on leases, and other legal aspects);
• Helping businesses to diversify into other products or services.
• Rapidly repositioning your business strategy (N.B. This key area is delivered via 1:1 workshops. No other key areas can be used in conjunction with this option as the cost constitutes the total support amount of £2,000/€2,250)

Eligibility criteria for the scheme is as follows:

• Manufacturing or tradable service business;
• Registered in either NI or ROI;
• Engaged in cross border trade;
• Satisfactory trading history (min 18 months and established turnover);
• Capacity to deliver the project;
• Have less than 250 employees;
• Have an annual turnover of less than £40 million (or Euro Equivalent).

Those not eligible for assistance under the scheme include businesses involved in retail, distribution and agriculture.