English
COVID-19 Products Scheme

COVID-19 Products Scheme

As a direct response to the global COVID-19 pandemic, Ireland’s new COVID-19 Products Scheme will allow for up to €200m in targeted State support.  If you are an existing IDA Ireland please contact your Account Executive to discuss.  If you are a first time investor in Ireland, please email us at idaireland@ida.ie

Find out more

GOVERNMENT SUPPORTS - COMPANIES

The Department of Business, Enterprise and Innovation (DBEI) have put in place a package of supports put in place to assist businesses impacted by COVID-19. DBEI has established a dedicated helpline for businesses with COVID-19 related queries. To get in touch please call +353 1 6312002 or email infobusinesssupport@dbei.gov.ie

Find out more

Recent Measures

On May 2nd the Government agreed a suite of measures to further support small, medium and larger business that are negatively impacted by Covid-19. The introduction of the measures follows the introduction of the Government’s Roadmap for Reopening Society & Business, which sets out a five stage plan to ease the Covid-19 restrictions and reopen Ireland’s economy and society.

Recent Measures

Return to Work Safely Protocol

The Return to Work Safely Protocol, published May 9th 2020, is designed to support employers and workers to put measures in place that will prevent the spread of COVID-19 in the workplace, when the economy begins to slowly open up, following the temporary closure of most businesses during the worst phase of the current pandemic.

More Information

Non-EEA Nationals

The Irish Naturalisation and Immigration Service (Department of Justice) has issued an update clarifying the situation for non-EEA nationals whose immigration permission is due to expire in the next 2 months. These individuals will now be able to remain in Ireland until at least July 20th under an automatic temporary extension in response to the Covid-19 situation.

More information

Revenue Assistance

Revenue have advised that they are open to engagement with viable businesses experiencing temporary cash flow or trading difficulties that affect the timely payment of tax. Businesses, other than SMEs, who are experiencing temporary cash flow or trading difficulties should contact the Collector-General’s office on (01) 7383663. Alternatively, these businesses can engage directly with their branch contacts in Revenue’s Large Corporates Division or Medium Enterprises Division. 

Revenue Advice

Banking and Credit Measures

Credit and cash flow support available from Irish banks for their customers include payment breaks/loan repayment deferrals of up to 3 months and extensions of credit lines. Banks are also working to ensure the continuity of banking services.

Further Information

COVID-19 Working Capital Scheme

The Strategic Banking Corporation of Ireland (SBCI) are now open to eligibility applications under the COVID-19 Working Capital Scheme, which provides loans of up to €1.5m for periods of up to 3 years, with no security required for loans of up to €500,000. The scheme is open to SMEs and small mid-caps (up to 499 employees). 

Apply now

Temporary COVID-19 Wage Subsidy Scheme

Under the Temporary COVID-19 Wage Subsidy Scheme, the Government will support employers to pay their employees for the duration of the COVID-19 crisis. This will maintain the important employee-employer link and position the economy to recover as quickly as possible when the crisis abates. The scheme will be in place for twelve weeks. On April 15th,  Minister for Finance Paschal Donohoe announced some further changes to the Temporary Wage Subsidy Scheme, which apply to those earning less than €500 a week and those earning in excess of €586 per week.

More information

€180m Sustaining Enterprise Fund

An EU approved €180 million Sustaining Enterprise Fund has been established to provide financial support to Irish companies affected by the coronavirus outbreak. The fund is part of a suite of emergency supports to help Irish companies that are seriously and adversely affected by the COVID-19 pandemic. This support will be available to assist companies with 10 or more employees to access the necessary liquidity and funding to sustain their businesses in the short to medium term. The Scheme will operate as an additional support to the Strategic Banking Corporation of Ireland (SBCI) COVID-19 Working Capital Scheme and supports available from banks and other financial providers.

More information

IDA Ireland COVID-19 Response

IDA Ireland is firmly committed to supporting our client companies during this turbulent period. For queries on how we can assist, please do not hesitate to contact your IDA Ireland Account Manager. Alternatively contact us directly via email idaireland@ida.ie or via phone +353 1 6034000 and we will put you in touch with the right person who can help.

The COVID-19 Workplace Protection and Improvement Guide has been published by the National Standards Authority of Ireland

See NSAI guide


To support the implementation of these guidelines, a panel of consultancy and training support will be established. A consultancy grant up to €2,500 will be available to eligible companies.  Please contact your IDA Account Executive to progress your application. Click here for more information.

Health Advice

The health and safety of our community during this period of unprecedented challenge is paramount. To help stop the spread of coronavirus you may need to either restrict your movements or self-isolate. We would ask all clients and stakeholders to follow all Department of Health and HSE advice and to closely monitor reliable sources for updates:
 

 

 
covid-emblem.jpg

Government Supports - Individuals

Short Time Work Support

Short-time Work Support is a form of Jobseeker's Benefit and is an income support payment available to employees that have been temporarily placed on a shorter working week. The payment is made in respect of your regular salary for the days that you are no longer working.

Find out more

COVID-19 Pandemic Unemployment Payment

The COVID-19 Pandemic Unemployment Payment is available to employees and the self-employed who have lost their job due to the COVID-19 pandemic. Applications will now be accepted until 30th June 2021. Employees can apply online through the Department of Employment Affairs and Social Protection.

Find out more

Contact us

Contact IDA Ireland

You'll find us responsive to your needs, proactive, professional and willing to go the extra mile.

Contact IDA Ireland

International Offices

We have 28 Offices worldwide helping support companies expand their operations in Ireland.

Find your nearest office

Cookie Notification

We use necessary cookies to run our website. We also use cookies for analytical and advertising purposes. More information on what cookies we use can be found here. To consent to the use of ALL cookies click “I Accept”. You may visit Cookies Preference to manage which cookies we may use.

Go to Privacy Centre

Ireland, Right Place Right Time

Copyright IDA Ireland

Produced by Continuum