Power Up Grant Available to Hospitality, Retail & Beauty Sectors
As part of Budget 2025, the Government has announced a new €4,000 Grant called Power Up, to assist businesses in hospitality, retail and beauty sectors.
Register on mycoco.ie/powerup by Friday, 8 November 2024.
Power Up Grant
Local Authorities are now emailing businesses who may be eligible for the Power Up Grant. The email includes details on how to register.
Don’t delay with registering, the Power Up registration portal is open for a limited time in order to get payments to businesses before the end of the year.
Registering is similar to Increased Cost of Business Grant (ICOB) registration and is quick and easy.
Please go to mycoco.ie/powerup for further information.
For eligibility criteria and for more information Click Here.
If you have not received an email and think you may be eligible, please contact your Local Authority.
Who is eligible for Power Up?
There are two types of qualifying business:
- a business that received the second payment of ICOB (Increased Cost of Business) and continues to meet the ICOB criteria
- businesses in the hospitality and retail sector that did not have a rates bill in 2023 may qualify if they meet the criteria. Those businesses should check with their local authority to check eligibility once the scheme goes live.