News

29th October 2024

Power Up grant of €4,000 is available to hospitality and retail businesses

The Power Up grant of €4,000 is available to businesses in the hospitality and retail sectors. Register now for the €4,000 Power Up grant. https://www.mycoco.ie/powerup

Eligible businesses in County Clare will will receive an email from Clare County Council and can then register for the scheme in a similar way to ICOB registration. Don’t delay with registering, the Power Up registration portal is open for a limited period only (until 8 November) in order to get payments to businesses before the end of the year.

If you have not received an email and think you may be eligible please contact Clare County Council.

What is the Power Up grant?

The government announced the Power Up Grant as part of Budget 2025 for businesses in the retail and hospitality sector. The Power Up grant has a budget of €170 million and the grant for eligible businesses is €4,000.

Who is eligible for Power Up?

There are two types of qualifying business:

  • A business that received the second payment of ICOB and continues to meet the ICOB criteria
  • Businesses in the hospitality and retail sector that did not have a rates bill in 2023 may qualify if they meet the criteria.

 

Register on mycoco.ie/powerup by Friday, 8 November 2024.

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