Micro Food Business Investment Scheme to open in March

Grants of up to £50,000 will be available for micro food and drink manufacturers to expand.

The Department of Agriculture, Environment and Rural Affairs (DAERA) has announced that a £1 million capital grant scheme will open in March 2021, to help existing micro food businesses to upscale production to secure new markets for their products.

The scheme aims to enable eligible businesses to:

• begin supplying to the retail or distribution industry
  
• sell more products to the retail or distribution industry
  
• move into sales outside of Northern Ireland

Grants of between £5,000 and £50,000 will be available. The grants will fund up to 50 per cent of eligible costs of new food processing equipment and machinery or dedicated computer software if essential to the operation to the equipment being purchased.

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Ardean ¦ Funding For Businesses

Minimum wage rates increase from 1 April 2021

National Minimum Wage and National Living Wage rates increase from 1 April 2021

Employers should be aware that all minimum wage rates increase on 1 April of each year. This includes all National Minimum Wage rates and the National Living Wage rate. The new minimum wage rates apply to eligible workers in Northern Ireland from 1 April 2021.

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Ardean ¦ Business Planning

COVID-19 Micro-business E-commerce Grant

 A new £3 million fund to help retail micro-businesses in Northern Ireland looking to grow their business online.

The COVID-19 Micro-business E-commerce Grant (MBEG) is open to any micro-sized retailer that wants to prepare for growth, develop their customer base and find new markets by enhancing their digital offering, building e-commerce capability and increasing online sales. The scheme was developed and is operated by Invest Northern Ireland.

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Ardean ¦ Business Funding

Invest NI opens latest COVID response scheme to help companies improve productivity

Invest Northern Ireland has introduced a new response scheme to help companies recover from business challenges caused by COVID-19.

The COVID-19 Productive Investment Capital Grant (PICG) scheme has been developed to support businesses to make capital investments to adapt to these challenges.

"This is the fifth of eight COVID recovery schemes – some of which are yet to launch. Collectively they are providing £5.5m of financial support this financial year." 

Kevin Holland, CEO, Invest NI

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Ardean ¦ Business Funding