COVID-19 ‘SUPPORT ADVICE’ FOR MONAGHAN FIRMS

20 March 2020 No Comments by The Northern Standard

THE local Enterprise Office in Monaghan has initiated a campaign to provide helpful advice to all firms throughout the county to assist them in dealing with the rapidly evolving situation surrounding the Covid-19 virus. In a general e-mail to firms it says it is understood that this time of uncertainty is concerning for businesses and they want to keep businesses informed of supports available to them during this challenging period. It is stated that the DBEI and Local Enterprise offices are working to develop and deliver additional support to help through this rapidly evolving situation.

However, all training courses, programmes and events have been postponed until 29th March, pending further notice. A complementary mentoring service is available in a range of areas including, finance, cash-flow, HR, supply chain and logistics to established businesses in Co. Monaghan. The mentoring support application form is available and must be completed and returned to eilin.connolly@leo.monaghanc oco.ie.

These mentoring sessions will be with a business consultant in the relevant field arranged and will be delivered via phone or video call. The Local Enterprise office business advice service is available to businesses and all appointments will be conducted over the phone.

To avail of this service all interested are invited to call the office on 047 71818 or alternatively email either briege.quinn@leo.monaghanco co.ie or eilin.connolly@leo.monaghanc oco.ie. The Local Enterprise office is also awaiting further information from the Department of Business Enterprise and Innovation in relation to a proposed voucher scheme.

LOANS INCREASED
The maximum loan available from Micro FInance Ireland has been increased from €25,000 to €50,000 as an immediate measure to deal with the exceptional circumstances that clients are currently facing. Those who require help with an application, should contact their office on 047 71818 or email briege.quinn@leo.monaghancoco.ie

COVID-19 WORKING CAPITAL SCHEME
It was announced that a loan scheme is available to SME’s currently facing challenges resulting from the COVID-19 virus. The Department of Employment affairs and Social Protection is introducing measures to provide income support to employers, employees & sole traders affected by the COVID-19 virus. Revenue announced last week that new measures were being provided to help SMEs who are facing cash flow difficulties as a result of the COVID-19 outbreak. They are encouraging businesses to engage with them early in relation to availing of these measures.

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