Tourism Business Continuity Scheme – Applications Open
Survival scheme for tourism businesses to assist with fixed costs.
A new €55m support fund has been launched to assist tourism businesses that have been impacted by the Covid-19 pandemic.
The Tourism Business Continuity Scheme will be administered by Fáilte Ireland and eligible businesses may receive grants of up to €200,000.
The scheme is aimed at providers of tourism services who have been unable to qualify for assistance under the Government’s Covid Restrictions Support Scheme (CRSS) or earlier grant schemes.
This is primarily a survival fund designed to contribute to the fixed costs for tourism businesses.
Gant amount will cover time period from October 2020 to June 2021.
The scheme launches in March 2021 and is open now for applications.
Key criteria include:
- As a result of COVID-19, a business’s average monthly turnover in the 4-month period October 2020 – January 2021 must be down at least 75% compared to the average monthly turnover for the period January to December 2019
- The business must have a minimum annual turnover of €50,000
- The business must not be eligible to apply for the Covid Restrictions Support Scheme (CRSS) or be eligible for funding through the Fáilte Ireland Coach Tourism Business Continuity Scheme or Ireland Based Inbound Agents Business Continuity Scheme.
- The applicant business entity must not be in public ownership, nor manage/ operate a tourism asset on behalf of a public body.
The fund is €55m in total.
Minimum grant is €3,750 and the maximum grant is €200,000.
How to Apply
Full details of the applications process are available on the Failte Ireland Website via the link below.
"A breath of fresh air. Your firm demonstrated enormous commercial understanding in turning around negotiations with a potential target vendor. I admire your style and ability to drive the deal forward. Many thanks."
"I would like to say I'm very happy with your service, especially the audit team, your staff are always friendly, helpful and a pleasure to deal with."
"Your business approach to clients is very impressive. I have always found that when explaining the types of service on offer, it is always concise and straight forward. The level of trust that clients place in your company and its staff speaks volumes."
"I would like to take this opportunity to say how much we are impressed with your company's professionalism, it has been a pleasure working with you all and we look forward to working with you in the future."
"Avid Partners - Accountants & Business Advisors are an excellent firm of accountants, their quality ethos is outstanding."
"I have dealt with Jamie O' Hanlon, of Avid Partners - Accountants & Business Advisors Chartered Certified Accountants, for a number of years as he is auditor to one of my clients. I have always found him to be professional and responsive in his approach."
"Service is second to none; there is always someone at the end of the phone for any business advice. The staff are very easy to get along with, very approachable and know exactly what they are talking about"
We at Fitzies Bar have worked with Avid Partners - Business & Financial Advisers for over five years. We find that the advice and support offered to us in addition to all of our book-keeping requirements to include payroll, VAT, etc. is invaluable and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners.
Jamie and his staff are a pleasure to work with. They respond promptly to any queries we have and are critical to our financial planning and the future needs of our business. I would highly recommend them to anyone interested in accounting services.
We at Stillorgan Cycles have used Jamie and his Team at Avid Partners – Accountants and Business Advisers for over five years. We have found that the retail advice and support offered to us is second to none and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners.
I met Avid Partners through a local business networking group. We had been using the same accountants for years and found that in these harsh economic times that we were not getting good enough value or service. We were very impressed by the company's professionalism and enthusiasm and genuine interest in helping us get the most out of our business. As a result we are now clients of Avid Partners and are thrilled with our decision.
After meeting Avid Partners with a view to changing our accountants, we came away with a better deal financially and a feeling that we were in capable hands. We feel that Avid Partners has a personal interest in the welfare of our business. Avid Partners have given us great advice, help and support and respond to our day to day queries with speed and efficiency. We feel it was a great move for us to change to Avid Partners.