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Irish government has opened the e-commerce fund

Enterprise Ireland starts e-commerce fund for Irish retailers

Irish government has opened the e-commerce fund. Source: shutterstock.com

Enterprise Ireland, a government organization aimed to let Irish enterprises grow, has opened an e-commerce fund to accelerate the online offering of retailers in Ireland and to increase their competitiveness. As Ecommerce News reported, the 1.25 million euros fund opened last Wednesday and will remain open for six weeks.

The purpose is to support online retailers to enhance their online sales capabilities to increase competitiveness and subsequently scale their businesses particularly in international markets
Enterprise Ireland

Enterprise Ireland announced the opening of the first call last week, explaining that a total of 625,000 euros has been made available under the first competitive call under this new scheme. The fund will award grants ranging from 10,000 to 25,000 euros.

The retail sector plays a huge role in the economic fabric of Ireland. Many retailers are increasingly facing international competition on their own doorstep through the growth of online retailing. It is important therefore that we encourage the sustained growth of the retail sector in Ireland by providing the mechanisms with which retailers can actively develop wider offerings online
Heather Humphreys, Minister for Business, Enterprise and Innovation

He launched the scheme, which is open to applications from retail SMEs with 20 to 249 employees based across the island of Ireland and who have a retail outlet.

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