Business Financial Planning Grant

Description

Overview

Enterprise Ireland (EI)

In light of the COVID-19 crisis there is an immediate need for companies to:

  • understand their immediate liquidity issues – determine how to minimise costs and maximise sources of liquidity;
  • create a financial plan to secure the external finance they require – funding from SBCI/Bank, EI Investment and/or capital from other finance providers will be required to fund companies through the coming months;
  • have a framework to manage the finances of the business – a coherent and well-structured plan will facilitate the monitoring and management of the financial position of the company.

The COVID-19 Business Financial Planning grant will provide a strategic intervention for companies to work with third party consultants to prepare a detailed financial and business plan with forecasts and assumptions.

The offer seeks to encourage companies to be proactive in developing a detailed financial plan that identifies funding needs and potential sources of funding.

This new offer will provide grant support to companies of up to €5,000 (100% of expenditure) for an engagement with an approved external consultant.

Full details of the grant can be found in the associated Reference Document.

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Value: Grant support to companies of up to €5,000 (100% of expenditure) for an engagement with an approved external consultant.
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