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 in County Wicklow under the various schemes.
Tables of uptake:
|
Scheme
|
Number of firms / applications
|
Number Processed to date
|
Number of successful applicants
|
Amount allocated
|
Amount Requested
|
|
COVID-19 Business Financial Planning Grant
|
14 applications received
|
N/A
|
14 approvals
|
€69,245
|
N/A
|
|
Lean Business Continuity Support
|
9 applications received
|
N/A
|
9 approvals
|
€22,500
|
N/A
|
|
COVID-19 Online Retail Scheme
|
11 applications received
|
N/A
|
7 approvals
|
€241,462
|
N/A
|
|
Restart Grant
|
1187
|
1067
|
945
|
€4,973,539
|
€4,036,391
|
|
SBCI - COVID-19 WCS
|
N/A
|
81
|
19
|
€ 1,435,000
|
Not available
|
|
Microfinance Ireland COVID-19 Loan
|
27
|
Not available
|
18
|
€456,000
|
Not available
|
|
E-merge
|
2
|
2
|
1
|
€2,800
|
€2,800
|
|
Business Continuity Vouchers
|
298
|
291
|
256
|
€377,850
|
Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500
|
|
Trading Online Vouchers
|
251
|
74*
|
177**
|
€417,000
|
|
*Applications/clients currently being processed
**Processed and final approval communicated to clients
The Local Enterprise Office in Wicklow submitted 11 Micro Finance applications and also provided Covid-19 related Mentoring Support to 107 participants and Training Support to 820 participants.
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.
