09 June 2020
The NI Executive has launched a new NI Micro-business Hardship Fund to help Northern Ireland based micro-businesses and social enterprises unable to access other regional and national COVID-19 support measures.
The funding is available to businesses unable to access the £10,000, £25,000 and Covid-19 Childcare Support grant schemes.
Who is eligible
Businesses should ensure they meet the following criteria before applying to the fund:
- The business must be based in Northern Ireland.
- At 29 February 2020, the business must have employed between one and nine employees paid via PAYE. Businesses, where the sole employee is the business owner or company director, are not eligible for this scheme. The number of employees will be based on headcount.
- Since 1 March 2020, the business must have experienced a reduction in turnover in excess of 40% as a direct result of the COVID-19 pandemic or associated Government restrictions.
The scheme will close to applications at 6pm on Friday 12 June 2020.
Detail on how to apply can be found at NI Business Info
Enquiries can be made by calling 0800 952 4422 8.30am-5pm. Alternatively, you can make an enquiry online.