We are delighted to share with you that Enterprise Ireland have announced Round 3 of their Online Retail Grant funding call is expected to open in February 2021.
EI has started that the parameters of the scheme are expected to remain similar to previous schemes with some restrictions on retailers who have already been approved funding in earlier schemes.
This fund will enable successful Irish-owned retailers to enhance their digital capability and to develop a more competitive online offer that will enable an increase in their customer base and build a more resilient business in the domestic and global marketplace, both online and offline.
Successful applicants will be awarded funding to support a maximum of 80% of the project eligible costs with a maximum grant of €40,000. As with previous rounds, we expect this to be a competitive funding call.
Magico has a 100% success rate in supported the applications of 14 retailers to date from Round 1 and Round 2 of the Online Retail Scheme funding call and each has received funding of 35-40K.