Dáil Éireann Debate, Wednesday - 29 July 2020
101. Deputy Johnny Mythen asked the Tánaiste and Minister for Business, Enterprise and Innovation the number of applications received for the restart fund for micro and small businesses in County Wexford; the amount of funding allocated to the authority; the number of businesses in County Wexford that have received funding under the fund; and if he will make a statement on the matter. [19436/20]
View answerThe Restart Grant scheme is just one part of the wider suite of measures for firms of all sizes, which includes grants, low-cost loans, write-off of commercial rates and deferred tax liabilities, all of which will help to improve cashflow amongst SMEs. This package is a significant step-up in assistance available for all businesses in all sectors at this very difficult time. The measures have been developed to meet the varying needs of Irish enterprise and they are very specifically targeted by size, sector and need and are targeted at vulnerable but viable companies.
As of 24th July 2020, the total number of applications for the Restart Grant throughout County Wexford amounts to 1,648, with 1,446 businesses having been approved and paid; with a further 49 applicants approved and awaiting payment.
Wexford County Council received the sum of €5,974,280 within the first tranche of funding from this Department.
