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Covid-19 Pandemic Supports

Dáil Éireann Debate, Tuesday - 13 October 2020

Tuesday, 13 October 2020

Questions (15)

Niall Collins

Question:

15. Deputy Niall Collins asked the Tánaiste and Minister for Enterprise, Trade and Employment if he will address a matter (details supplied); and if he will make a statement on the matter. [29926/20]

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Written answers

I recognise the important role that the wedding professionals sector play in helping couples with the arrangements for their special day and how they are part of the events and hospitality ecosystem in the country, enabling buyers and sellers to meet and develop their businesses.

I am acutely aware of the difficulties the sector has faced in recent months due to the impact of social distancing requirements.

The Government's COVID-19 plan published in September, 'Resilience and Recovery 2020-2021: Plan for Living with COVID-19' specifically recognises the impact of restrictions on weddings as a category of organised events. I am pleased that Fáilte Ireland has developed guidelines that can be used for the organisation of wedding functions and are available on Fáilte Ireland’s COVID-19 Business Support Hub at: www.failteireland.ie

My Department and its agencies have been focused on coming up with solutions to help businesses overcome the challenges presented by the unprecedented difficulties caused by COVID-19.

Details of the wide range of supports available are noted on my Department’s website at https://dbei.gov.ie/en/What-We-Do/Supports-for-SMEs/COVID-19-supports/.

In the wider context of the Government’s Resilience and Recovery 2020-2021: Plan for Living with COVID-19, the operation and reopening of Ireland's economy and society will be guided by the need to manage risk and repair the damage that COVID-19 has inflicted on society, and on the implementation of appropriate measures to do so across business and society as the situation evolves.

Budget 2021 announced today, together with the measures I announced as part of the July Stimulus Package, provides a substantial financial package to stimulate our economy and to help businesses to open, to help those already open to stay open, to get staff back to work and for those who cannot go back to their old jobs, there are new opportunities.

The range of measures in place to assist businesses include direct grants to support viable businesses and jobs, including new hires. We have extended the wage subsidy scheme and we are giving companies extra assistance through an enhanced Restart Plus Grant Scheme, rates waivers and reductions in VAT.

We are providing more and cheaper loan finance through MicroFinance Ireland, SBCI and the new €2 bn Credit Guarantee Scheme. I announced the reopening of MFI lending on 31st August and I launched the €2bn Credit Guarantee Scheme on 7th September.

I am working with my colleagues across Government to assist businesses impacted by Covid-19 and I will continue to keep the supports provided for enterprise under review with the goal of setting our country towards economic recovery.

My colleague, Minister Catherine Martin T.D., Minister for Media, Tourism, Arts, Culture, Sport and the Gaeltacht, may be able to provide more specific details on a roadmap to recovery for the events and hospitality industry, for which she has lead responsibility.

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