The Northern Ireland Executive recently announced a grant scheme to help businesses deal with the impact of COVID-19.
The grant scheme consists of:
It is anticipated that the small business grant scheme will assist around 30,000 businesses in Northern Ireland.
Payments under the grant scheme will be made directly into the bank accounts of eligible businesses. Bank details are held for just over 9,000 of small businesses who qualify. Payment can be expedited to those companies.
More details can be found here.
WE CAN HELP
Having the right legal advice at the right time is crucial. Our expert team offers clear, concise and problem-solving legal advice aimed at accessing finance quickly and effectively.
Please do not hesitate to get in touch with Naomi Gaston in our banking team (details below) or your normal Mills Selig contact to discuss.
21 Arthur Street
Belfast, BT1 4GA
T: +44 (0) 28 9024 3878
24 March 2020