Limited Company Directors Support Scheme Announced
14 January 2021
The Economy Minister Diane Dodds announced a new scheme to support company directors impacted by the coronavirus pandemic.
£20million will be available for the Limited Company Directors Support Scheme (LCDSS) which opens for applications at 6pm on Thursday 21st January 2021.
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. For more details on eligibility and the application process please click on the link: