By Q Radio News
Economy Minister Diane Dodds today announced a new scheme to support company directors impacted by the pandemic.
The Minister said £20million will be available for the Limited Company Directors Support Scheme (LCDSS). The scheme will open for applications at 6pm on Thursday 21 January.
The Minister said: “Many company directors who have been adversely affected by Covid have found themselves in financial difficulty. I am pleased that we are able to help address the gap in national support for this group by introducing a local support scheme.”
A £1,000 grant will be paid to eligible limited company directors. At scheme closure, any underspend will be distributed equally amongst approved applicants in the form of a top-up grant, up to a maximum of £3,500.
The scheme will be delivered by Invest Northern Ireland on behalf of the Department for the Economy.
More information and eligibility criteria for the scheme are available at www.nibusinessinfo.co.uk/lcdss
Man injured after house and three vehicles set alight in Co Antrim
IT system for Northern Ireland schools ‘largely restored’ following cyber attack
£100 home heating oil grant to be paid out by ‘summer at earliest’
Arrest made after hot water thrown over man at Co Tyrone court
Stormont urged to address ‘catastrophe’ in hospital emergency departments