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As part of Budget 2025, the Irish Government has introduced an exciting new initiative called the Power Up Grant. This grant aims to provide financial assistance to businesses in the hospitality, retail, and beauty sectors, offering a much-needed boost of €4,000.
To be eligible for the Power Up Grant, businesses must meet specific criteria:
Eligible businesses can apply for the Power Up Grant through the MyCoCo.ie portal, which is now open for applications. The application process is straightforward and designed to ensure that businesses can quickly access the funds they need.
The Power Up Grant is a significant step towards supporting small and medium-sized enterprises (SMEs) that have been struggling with increased operational costs. By providing this financial aid, the government aims to:
The Power Up Grant is a timely and valuable resource for businesses in the hospitality, retail, and beauty sectors. By offering €4,000 in financial support, the government is helping these businesses navigate challenging economic conditions and continue to thrive. If your business meets the eligibility criteria, don’t miss out on this opportunity—apply through the MyCoCo.ie portal today!
For more detailed information, you can visit the Department of Enterprise, Trade and Employment’s page.