The Online Retail Scheme offers up to €25,000 in funding

The Online Retail Scheme offers up to €25,000 in funding

The Online Retail Scheme offers up to €25,000 in fundingThe Minister of State for Employment Affairs and Retail Business, Neale Richmond TD, today urged retailers in Cork to submit applications for funding that could help them bolster their online presence and increase their online sales. As part of the latest round of the Online Retail Scheme, which is financed by the Department of Enterprise, Trade and Employment and handled by Enterprise Ireland, retailers can be granted a maximum of €25,000 in funding to improve their e-commerce capabilities.

Minister Richmond highly recommended that businesses take advantage of the Scheme, by stating “Over the past few years, Irish retailers have exhibited their toughness by adapting to changing customer behavior with the help of developing an online presence. This move not only benefits customers in Ireland but also prospective clients worldwide.
E-commerce is no longer an optional feature for most businesses; instead, it has become a crucial aspect of their business models, with innumerable advantages. Although it may seem daunting for some, the government is committed to supporting businesses throughout the process via the 

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Businesses that have benefitted from the program have reported a rise in sales figures, both locally and internationally, as well as enhanced digital skills among existing employees and employment growth. It is evident that digitalization has a measurable impact on Irish businesses’ success rate.

I encourage all eligible retailers to contemplate the advantages of participating in this program and applying for funding. The program offers direct financial assistance to retail companies to supplement their in-store offerings with a more competitive online business offering. It is managed by Enterprise Ireland.