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.
Legal Experts
Cleaver Fulton Rankin is an approved service provider for the InterTradeIreland Emergency Business Solutions scheme, providing legal advice and support to businesses in both NI and ROI, including those involved in cross border trade.
Further information on the scheme and how to apply, can be found on the InterTradeIreland website.
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