Banking, Finance, Insurance and Securities (BFIS) Retail

Ireland Minister Humphreys Tender

📄 Tender ID: 444794411 📅 Published: 10 Jun 2019

📋 Tender Overview

Minister for Business Enterprise and Innovation Heather Humphreys TD announced the second call of the Enterprise Ireland pilot Online Retail Scheme which opens for applications on Wednesday 19 June. The 1.25m fund is targeted at online retailers to encourage acceleration of their online offerings and can be used to fund research strategy development implementation and training. It will remain open for six weeks closing to applications at 3.00pm on Wednesday 31 July 2019.The pilot Schemes second call is an initiative of the Government of Ireland and Enterprise Ireland and originates from the work of the Retail Consultation Forum chaired by the Minister. Under this second competitive call successful Irish retailer applicants with the ambition to internationalise through a strengthened online offering can receive funding ranging from 10000 to 25000.The Schemes purpose is to support online retailers to strategically enhance their online sales capabilities to increase competitiveness and subsequently scale their businesses in international markets. The Online Retail Scheme is open to applications from Irish owned retail businesses with 10 or more employees and who have a physical retail outlet.Minister Humphreys said Retailing supports jobs in every city town and village in the country and so it is critical that our retail sector is competing at the forefront of the digital revolution. Following the interest level and volume of applications received for the first call of the scheme I am delighted to announce the opening of the second call for applications to support Irish retailers to develop and grow their online retail presence and effectively compete with international companies.Increasing the international sales of Irish companies translates into sustaining and creating high-quality sustainable jobs across the country something that this Government is firmly focused on through the Future Jobs Ireland framework. Aligned with this the Online Retail Scheme is intended to enable Irish retailers to expand their reach to a wider customer base both at home and abroad.Through the Department of Business Enterprise and Innovation Enterprise Ireland will administer the second call of the Online Retail Scheme. Commenting Stephen Hughes Head of Consumer Enterprise Ireland said The Scheme has been developed in response to the challenges currently faced by the retail sector in keeping up with consumers ever-changing appetite for quick and easy consumption and the advances in digital capability. The fund will provide grants between 10000 and 25000 on a match fund basis with the purpose of enhancing their online offering. By delivering the Online Retail Scheme we intend to support Irish retailers to innovate and through innovation increase their competitiveness and international reach.Regional development is a significant pillar of Enterprise Irelands strategy and we understand the important role played by retailers in regional communities. To this end once the fund criteria is met at least half of the total number of funds will be awarded to Irish retail businesses based outside of Dublin concluded Stephen Hughes.

🔍 Key Information

📄
Tender Reference No.
444794411
📅
Publication Date
10 Jun 2019
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
📝
Notice Type
News
📍
Location
Ireland

📁 Documents & Downloads

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🧭 Quick Facts

Authority N/A
Country Ireland
State / UT N/A
Tender Type Procurement News
Currency N/A
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