A new targeted Government funded support scheme, aimed at assisting vulnerable but viable businesses whose earnings have collapsed due to Covid-19 restrictions, has opened for applications.
Under the Business Resumption Support Scheme (BRSS) registered firms can claim a single payment equivalent to three times their average weekly turnover in 2019.
Businesses availed of other schemes such and Small Business Assistance Scheme for Covid and the Tourism Business Continuity Scheme, as well as the Covid Restrictions Support Scheme (CRSS), can apply once they meet the criteria.
However, they must not have been eligible for assistance under the CRSS for any period between August 30 and September 5. The cash payment, representing an advance credit