A summary of our latest newsletter is below:
| Clarification: Large scale event announcement was in reference to events which need a local authority license. Further information on the clarification can be found at: https://www.irishsport.ie/clarifications-re-mass-gatherings-of-5000/
Department of Business, Enterprise and Innovation
The department have made multiple announcements and additions which are summarized below. All information on business supports from the department can be found at https://dbei.gov.ie/en/What-We-Do/Supports-for-SMEs/COVID-19-supports/
- The Credit Guarantee Scheme supports loans up to €1 million for periods of up to 7 years.
- Microenterprises can access COVID-19 Business Loans of up to €50,000 from Microfinance Ireland. The terms include a six months interest free and repayment free moratorium, with the loan to then be repaid over the remaining 30 months of the 36-month loan period. Loans are available at an interest rate of between 4.5% and 5.5%. Businesses can apply through their Local Enterprise Office or directly at microfinanceireland.ie.
- The new €450m SBCI COVID-19 Working Capital Scheme for eligible businesses supports loans from €25,000 up to €1.5 million (first €500,000 unsecured) with a maximum interest rate of 4%. Applications can be made through the SBCI website at sbci.gov.ie
Department of Employment Affairs and Social Protection
The Department of Employment Affairs and Social Protection have a range of measures to provide income support to people affected by COVID-19 (Coronavirus).https://www.gov.ie/en/news/041fd1-update-on-payments-awarded-for-covid-19-pandemic-unemployment-paymen/
Department of Finance
Minister Donohoe publishes Stability Programme Update 2020 – Published: 21 April 2020
https://www.gov.ie/en/news/d2ec5b-minister-donohoe-publishes-stability-programme-update-2020/ |
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| Triathlon Ireland successfully hosted the first Virtual AGM by a sporting body in Ireland. The AGM saw a record attendance for Triathlon Ireland, with more than 60 club delegates and board members joining remotely from their homes using the Zoom app. Check out how it was done here https://triathlonireland.com/News/2020/Triathlon-Ireland-Holds-Ireland-s-First-Virtual-Sporting-AGM.html
Ireland’s first online sports camp – delivered by Volleyball Ireland saw over 130 kids take part in a 3 day education and activity bonanza, that featured world class speakers from across the sports industry. Delivered through Zoom Webinars the camp engaged kids and parents from 12years old up providing fitness workouts, ball skill workshops, educational seminars and Q&As with some of the worlds best players and volleyball coaches. Read more at https://www.irishsport.ie/volleyball-ireland-delivers-first-online-camp/
Cork Sports Partnership have been working with a number of partner organisations to keep Cork active! They have created and developed a resource to support people of all ages and abilities to keep active during this uncertain time. Both the website and booklet for the campaign are now live with over 200 resources for people to choose from including a variety of home exercise workouts for all ages and abilities, sports skills and challenges for the young and not so young, as well as interactive games and activities for all the family. Find out more at https://www.corksports.ie/index.cfm?page=sports-news&post=KeepCorkActive
Cycling Ireland has launched a series of races and leisure spins on the popular online training platform Zwift. With outdoor cycling events and activities curtailed on government advice, they have moved online to provide fun ways of keeping active and engaging in some friendly racing rivalry. Check out more at http://www.cyclingireland.ie/page/events/zwift-eracing |
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| Webinar & Course Round Up |
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Many Federation members are also running webinars for their sporting clubs and communities so be sure to keep an eye across Twitter and Facebook for any updates and insights to follow. |
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