Limerick business owners share in more than €11m of funding

ALMOST 3,000 business owners across Limerick are sharing in €11.4m funding under a Government scheme aimed at tackling the increased cost of enterprise.

Designed by the Department of Enterprise, Trade and Employment, the aim of the funding is help small firm owners with the extra sums involved brought about by the cost of living crisis.

Mayor John Moran said: "This €11.4 million in funding not only helps businesses manage increased costs but also strengthens our community’s economic resilience. We are proud to stand alongside our local enterprises, fostering an environment where they can grow and succeed.”

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Enterprise Minister Peter Burke added: "I was delighted to get Government approval for this important scheme to help small and medium enterprises who are the backbone of our economy. I have spoken to dozens of businesses around the country who availed of the €240m paid out so far and we will continue to work with and support them."

Council director general Dr Pat Daly said: "The funds accessed by businesses in Limerick is demonstrative of their active engagement with us, as a local authority, and with the department, allowing continued delivery of services to the people of Limerick.”