The Department of Enterprise Trade and Employment (DETE) has launched a further call for the Online Retail Scheme.
Applications can be submitted online from today 4 April 2023 until the 3 May.
According to Enterprise Ireland's website, the aim of the scheme is to encourage the retail sector in Ireland to develop a more competitive online offer.
This is a 'competitive fund which will be administered by Enterprise Ireland on behalf of DETE with a total fund size of €3.4 million'.
Read More: Retail Excellence Welcomes Online Retail Scheme Funding For Retailers
High Level Of Interest
DETE noted that due to a high level of interest strict adherence will be given to the deadline for receipt of applications together with statutory accounts.
The purpose of this fund is to help Irish-based retailers with a pre-existing online presence to: Support their digitalisation; Respond to both domestic and international consumer demand for online shopping; Strengthen small retailers in finding and retaining customers with their existing infrastructure; Protect their physical operation by enabling growth through an online marketplace and new shopping avenues; Support capability building for digital skills and to create new roles within the business in e-commerce and supporting activities.
Successful applicants will be awarded funding to support a maximum of 50% of the project eligible costs of €50,000 with a maximum grant of €25,000, it added.
Who Can Apply?
The applicant must be an Irish based retail enterprise that has 10 or more full-time employees and has the potential to sustain or create jobs, generate growth in online transactions and with an ambition to internationalise their business in future.
An application must be submitted in the name of a company registered with the Companies Registration Office (CRO) and incorporated in the Republic of Ireland at the time of application.
© 2023 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. For more technology news, click here. Click subscribe to sign up for the Checkout print edition.
