February 2010
Mary Hanson

Government Employment Subsidy Scheme to be extended to more companies and increase funding to €250million. The government is to open its employment subsidy scheme to more companies and increase its funding to €250m after receiving few applications for the first round of grants..

The scheme, launched this year with an initial €63m budget, provides a maximum employment support grant of €9,100 per worker for 15 months.  In return for funding, employers also had to commit to maintaining other jobs in the company.

The scheme is being increased in order to protect 27,000 vulnerable jobs, and proceed to a second round of applications with broader criteria.

“The second round will be open to many companies that were not eligible to apply in the first round,” said Coughlan.

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