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New funding for two Laois retailers to grow and enhance online capability confirmed

Online Trading funding

New funding has been announced for two Laois retail businesses to expand their online offering and presence to customers at home and abroad.

Fine Gael Deputy Charlie Flanagan was speaking after Minister of State for Business, Employment and Retail, Damien English announced more than 200 retailers who have been approved for funding under the Online Retail Scheme (ORS) administered by Enterprise Ireland.

Recipients in Laois are Ken Black toys and Shaws Department Store – both based in Portlaoise.

Speaking today, Deputy Flanagan said: “Many Irish companies have successfully made the digital transition in recent years and developed their online capability to sell their goods and services online.

“This latest development will see retailers across all counties approved for funding of €9.29 million.

“The Scheme is for retailers who already have an online presence and who have a physical shop and is targeted at enhancing their online capability.

“Our shopping habits have also changed in recent years and it was great to know when we went online to shop, there are local options instead of just large international retailers, particularly when the pandemic occurred.

“Recipients from this latest funding are based across all counties in Ireland and are from a number of sectors, including hardware, pharmacy, clothing, and furniture. 72% of successful applicant companies are based outside of Dublin.

“Laois businesses have been successful in this round of the Online Retail Scheme.

“They will receive grants ranging from €10,000 to a maximum of €64,000. Recipients in Laois are Ken Black toys Ltd and Shaws Department Store, Laois.”

Nationally, since 2018 more than 700 projects from retailers based in Ireland have been approved for €28.3m in funding through the Government’s Online Retail Scheme.

Deputy Flanagan said: “We have seen how businesses benefited from this scheme throughout the pandemic, this funding will continue that revitalisation.

“Retailers are at the heart of our communities across the county, so the Government are supporting local businesses as they take this next step to increasing their sales capability by further developing their online offering.

“Such diversification is an important part of future-proofing business in Laois as it allows retailers to explore new opportunities and reach new customers, with the chance to compete for online sales that are currently going to businesses based outside the county and even the country.”

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