Enterprise Ireland allocates €2.3m in funding to upgrade retailers’ online presence

More than three quarters of approved retailers are based outside Dublin

Trade

Image: athree23, Pixabay

Near 100 retailers have been approved for funding under the Online Retail Scheme (ORS), which is administered by Enterprise Ireland.

The latest call under the scheme will see 98 retailers across all regions approved for funding of €2.3 million, with 79% of successful companies based outside of Dublin.

The businesses will receive grants ranging from a minimum of €10,000 to a maximum of €25,000, with nearly half (46%) of all successful applicants benefitting for the first time. The Scheme was open to retailers who already have an online presence and a physical store, to help enhance their online capability and attract new customers. 

Including today’s successful applicants, since 2018 more than 850 projects from retailers based in Ireland have been approved for €30.7m in funding through the Government’s Online Retail Scheme.

Recipients from this latest call are located throughout Ireland and are from a number of Retail sectors, including hardware, pharmacy, clothing, and furniture. 

Teri Smith, manager of retail, consumer and online, Enterprise Ireland said: “To date the Online Retail Scheme has supported more than 850 projects that are delivering real benefits to retailers and customers across Ireland. 

“Innovative Irish retailers are increasingly looking for ways to adapt their traditional retail model to reflect the growing demand for online shopping from consumers and this latest funding round will help 98 retailers in that ambition.

“In this funding call we specifically sought applications from businesses which hadn’t previously benefitted from the Scheme, and we’re delighted that a large number of first-time applicants engaged with the Scheme this year.”

TechCentral Reporters

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