Dáil Éireann Debate, Wednesday - 29 July 2020
105. Deputy Thomas Gould asked the Tánaiste and Minister for Business, Enterprise and Innovation the number of applicants have been received for the restart fund for micro and small businesses in Cork City Council; the amount allocated to the authority; the number of businesses in north central areas of County Cork that have received funding under the fund; and if he will make a statement on the matter. [19490/20]
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 24 July 2020, Cork City Council has received a total of 2,751 applications from businesses seeking Restart Grant funding.
Cork City Council has to date received the sum of €12,014,139 in an initial funding tranche from this Department.
In response to the Deputy’s specific question in relation to the number of businesses in North Central areas of County Cork that have received funding, the Council is not in a position to respond to this query with this level of information breakdown as it has not been instructed to do so in the Service Level Agreement as agreed with my Department.
