Subsidy assistance sought by 2,000 firms

Up to 2,000 companies are expected to seek state support under the newly-expanded Employment Subsidy Scheme, a €65 million fund to protect jobs.

19th December, 2009

Up to 2,000 companies are expected to seek state support under the newly-expanded Employment Subsidy Scheme, a €65 million fund to protect jobs.

Enterprise Ireland, the state agency responsible for managing the scheme, is anticipating between 1,000 and 2,000 applications before the deadline arrives on Wednesday. So me 620 companies have already received support through an earlier round of the scheme.

However, the enterprise agency is expecting the number to be ‘‘significantly higher’’ after the government decided to extend...

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