Two in three small companies have a positive outlook for next year, according to new research from Three Ireland, which was carried out to coincide with the launch of Three's 'Grants for Small Businesses' programme.
The new programme will seek to fund ten small businesses and award them a portion of the €100,000 bursary.
Three Ireland said applications for cash grants will be open to all businesses that are based in the Republic of Ireland, have a workforce of one to nine employees and have been trading for a minimum of six months.
"In addition to the grant money, the winners will also receive advice and business solutions from Three to meet their company's needs, and we look forward to working with these businesses in the next stage of their journey," said Padraig Sheerin, Head of SME, Three Ireland.
The programme will be managed by the small business network and support provider, Enterprise Nation, who have recently launched in Ireland.
Three Ireland said applications will be scored and the 20 applicants who secure the highest score will be shortlisted for the judging panels.
It said the 20 shortlisted applicants will be notified of their progression to the final round and invited to do a virtual pitch to detail how the grant will help the business, and what the positive impact on their community would be.
Grants will be allocated to businesses in all four provinces and winners will be announced at the beginning of November 2021.