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Covid-19 Pandemic Supports

Dáil Éireann Debate, Thursday - 30 July 2020

Thursday, 30 July 2020

Questions (113)

Martin Kenny

Question:

113. Deputy Martin Kenny 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 Sligo and Leitrim county councils; the amount that has been allocated to each authority; the number of businesses in each county that have received funding under the fund; and if he will make a statement on the matter. [20277/20]

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Written answers

The 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.

In response to the information requested by the Deputy and as of 24 July 2020:

Sligo County Council has received 632 applications made to the scheme in total. Of this amount, 614 businesses have been approved for funding from the initial funding tranche of €3,007,469 allocated by this Department.

Leitrim County Council has received 373 applications made to the scheme in total. Of this amount, 334 businesses have been approved for funding from the initial funding tranche of €1,429,630 allocated by this Department.

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