It'll help SME's with liquidity and purchasing safety equipment.
The new Covid-19 Restart Grant Scheme will help get small and medium businesses back on their feet.
Longford-Westmeath TD Peter Burke says the government understands the challenges companies across the midlands are facing, with restrictions largely still in place.
He says the new scheme is designed to assist businesses with liquidity and to buy new safety equipment.
To be eligible for the funding, your business must have a turnover of less than 5 million euro; must have 50 or less employees; and must have suffered a projected loss of revenue of at least 25 per cent.
Fine Gael Deputy Burke explains how the payment works:
Outdoor Event Space Will Boost Laois' Night Time Economy - Fine Gael
Good Things Happen When You Get A Group Of Committed People - Castlepollard Local Development
60km Memorial Walk Starting In Westmeath This Weekend
Car Parking Costs Add Unnecessary Stress To Cancer Treatment Patients - LARCC
Laois Gardaí Investigating Stolen Car
Thousands Of Westmeath Homes Told Not To Consume Tap Water
Under-Utilised Facility Could Get New Education And Training Centre
Most Of The Country Lives Within 300 Metres Of A Licenced Premises
HSE Funding Insufficient For Midlands Population Growth - Sinn Féin
"A Wonderful Husband, Father And Friend" - Mark Walsh Remembered At His Funeral
Rock Legends 'The Cult' To Headline Forest Fest
"A Huge Relief" Parent Reacts To Return Of Nurse To MRHM
Motorist In Westmeath Clocked Speeding On National Slow Down Day
Plans Submitted For Over 100 Offaly Homes
Midlands Student Among Winners At Prestigious Trad Music Awards
Midlands Man Who Died In Workplace Incident To Be Laid To Rest Today
'Exceptional' Nurse To Return To MRHM Paediatric Diabetes Service
Children's Health Ireland Disputing Stats On Cancellations
Support The Bees For 'No Mow May' - Offaly County Council
10 Year Masterplan For Derryounce Lakes and Trails Nearly Set