Government commits €250m to boost SMEs

Business Minister Heather Humphreys said that the grant was "designed to help small businesses get back on their feet"

Small and micro businesses will be able to avail of up to €10,000 grant aid to help them reopen under a new scheme announced by government.

The €250m Restart Grant can be claimed by businesses who have a turnover of less than €5m, have 50 or fewer staff and have either closed or lost 25% of their turnover since the outbreak of Covid-19.