Ex SR Technics staff warned over grants

Dublin: Former SR Technics workers who want to set up their own business could miss out on grant aid worth thousands of euro and crucial business support services unless they act quickly, according to the County and City Enterprise Boards.

Under the European Globalisation Fund (EGF), former SR Technics workers who were made redundant after February 12, 2009, can apply for grant assistance to fund the setting up of a new business.

To date, €600,000 of grant aid has already been approved for 48 individual start-up businesses, to be set up by former workers.

The “Business Start-Up” section of EGF is administered by the County and City Enterprise Boards in Ireland and they are encouraging former SR Technics employees who are thinking of setting up a business to apply for assistance immediately.