The Government previously introduced a package of supports for firms of all sizes, which includes the wage subsidy scheme, the pandemic unemployment payment for the self-employed, grants, low-cost loans, write-off of commercial rates and deferred tax liabilities, all of which will help to improve cashflow among SMEs. Full details on all COVID-19 supports for business are available at: https://dbei.gov.ie/en/What-We-Do/Supports-for-SMEs/COVID-19-supports/
On July 23rd the Government announced the July Jobs Stimulus, a €7.4bn package of measures designed to stimulate a jobs-led recovery and build economic confidence while continuing to manage the impact of Covid-19. The priority of the Government remains the wellbeing of our people and communities. We are now increasing our focus on business and on getting as many people as possible back to work. Further details on the July Jobs Stimulus are available at: https://dbei.gov.ie/en/News-And-Events/Department-News/2020/July/23072020.html
The table below sets out the number of applications for supports received from businesses under the various schemes for the County of Dublin including the Dublin 7 and Dublin 15 areas, unless otherwise specified.
Tables of uptake:
|
Scheme
|
Number of applications received from companies
|
Number Processed to date
|
Number of approvals to companies
|
Value of approvals to companies
|
Total Value sought
|
|
Sustaining Enterprise Fund
|
27
|
N/A
|
10
|
€3,950,000
|
N/A
|
|
Sustaining Enterprise Fund - Small Enterprise
|
<5
|
N/A
|
2
|
€100,000
|
N/A
|
|
Sustaining Enterprise Fund - HPSU
|
28
|
N/A
|
16
|
€800,000
|
N/A
|
|
COVID-19 Business Financial Planning Grant
|
263
|
N/A
|
245
|
€1,206,718
|
N/A
|
|
Lean Business Continuity Support
|
76
|
N/A
|
70
|
€177,500
|
N/A
|
|
COVID-19 Online Retail Scheme
|
118
|
N/A
|
55
|
€1,989,834
|
N/A
|
|
SBCI - COVID-19 WCS
|
N/A
|
1,138
|
265
|
€ 33,771,000
|
Not available
|
|
Microfinance Ireland COVID-19 Loan
|
278
|
Not available
|
168
|
€4,602,000
|
Not available
|
|
E-merge
|
35
|
27
|
13
|
€36,400
|
€36,400
|
|
Emergency Business Solutions
|
14
|
14
|
8
|
€18,000
|
€18,000
|
|
Business Continuity Grant
|
16
|
16
|
16
|
€2,500*
|
€41,100
|
|
Business Continuity Vouchers – Dublin City
|
1,269
|
1,172
|
748
|
€1,870,000
|
Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500
|
|
Trading Online Vouchers – Dublin City
|
722
|
334**
|
388***
|
€825,499
|
|
|
Business Continuity Vouchers – Fingal
|
619
|
619
|
472
|
€1,180,000
|
Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500
|
|
Trading Online Vouchers – Fingal
|
443
|
81**
|
362***
|
€860,844
|
|
|
Restart Grant- Dublin City Council – Dublin 7
|
5496
|
5460
|
3824
|
€26,681,619
|
€20,420,428
|
|
Restart Grant- Fingal County Council – Dublin 15
|
1799
|
1569
|
1333
|
€8,043,964
|
€7,650,200
|
*One IDA client company was allocated a grant of €3,600
**Applications currently being processed with clients
***Processed and final approval communicated to clients
Please note EI do not breakdown applications/approvals into boroughs or areas. A breakdown is provided by county.
MFI applications per LEO are as follows:
|
LEO Dublin City
|
27
|
|
LEO Fingal
|
31
|
LEOs also provided Covid related mentoring and training as per detail below:
|
LEO
|
Mentoring Participants
|
Training Participants
|
|
Dublin City
|
1,419
|
1,185
|
|
Fingal
|
496
|
3,443
|
Later this year the Government will set out a National Economic Plan, to chart a long term, jobs-led recovery. It will set out how we secure our public finances in a world where we must live with Covid-19, while driving efforts to decarbonise our economy and prepare for the next phase of technological transformation.
