The Online Retail Scheme was launched by the Department of Business, Enterprise & Innovation (DBEI) on 20th September 2018 to support eligible SMEs in the retail sector to develop a more competitive online offer. Enterprise Ireland will administer this scheme on behalf of DBEI with a total fund size of €625k.
This grant of up to €25,000 will enable retailers to increase 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 50% of the project costs. Typical elements involved in developing a sophisticated and transactional online presence include research, consultancy costs for strategy development / implementation and training costs.
In recognition of the strong role the retail sector plays in supporting regional development and vibrant communities, at least 50% of the total number of grants awarded will be reserved for retail SMEs with their headquarters outside of county Dublin (over both calls of this Scheme) once the qualification threshold score is met.
This Scheme is a competitive offer. Applications for funding will be invited through two public calls for submission of projects by Enterprise Ireland. We anticipate that the first call will open at the end of October 2018.