Category Archives: Economy

Coronavirus: NI Micro-business Hardship Fund

The NI Executive have recently released details of the £40,000,000 NI Micro-business Hardship Fund.  This fund is designed to help small businesses with one to nine employees, who have previously been unable to access government help,  through the coronavirus crisis. 

This video recording sets out the qualification criteria and the application process.

If you think you may qualify, please follow this link where you can check your eligibility and begin the application process NI Business Info Coronavirus NI Mcro-business Hardship Fund  

If you need any additional help please contact us on 028 3831 6111. 

‘Bounce Back Loans’ of between £2,000 to £50,000 to become available to small businesses from 4 May

Summary  The chancellor has announced a new loan scheme for small and medium businesses, aimed at those businesses who have so far struggled to access credit.  The loans are designed to be accessed quickly and without the need for forecasts.    Eligibility   UK  based Business  Negatively affected by coronavirus  Was not an ‘undertaking in difficulty’ on 31 December 2019.   …
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