CEO of Enterprise Ireland, Stephen Hughes, talks to WLR's Eoghan Dalton about the latest supports for businesses.

Minister for Business, Enterprise and Innovation, Heather Humphreys TD has announced that applications are now open for the new Enterprise Ireland €2 million Covid-19 Online Retail Scheme to support retail companies to enhance their digital capability. The new fund, which builds on two previous successful calls of the pilot Online Retail Scheme, will be open to indigenous retailers with a physical store and employing 10 or more people to develop a more competitive online offer in response to the Covid-19 crisis.

Successful applicants will receive financial support of up to 80 percent of eligible project costs, with funding ranging from €10,000 to €40,000 under the competitive call.

The Scheme, which was recently announced by Minister Humphreys, aims to address the urgent need for retail companies to achieve a step change in online capability to achieve business continuity, and to lay foundations for future recovery and growth.