Government launches €2bn grant scheme for SMEs

It will provide low-cost loans to companies recovering from the economic effects of Covid-19

The loans, which will be available for up to six years, are part of the broader plan to build economic confidence while stimulating a jobs-led recovery. Picture: Julien Behal

The Government has launched a €2bn grant for Irish businesses, including those in the farming and fish sectors. 

The biggest state-backed loan guarantee the country has ever seen, which is a key part of the Government's July Stimulus package, will provide low-cost loans to companies recovering from Covid-19.