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Covid-19 Pandemic Supports

Dáil Éireann Debate, Thursday - 30 July 2020

Thursday, 30 July 2020

Questions (123)

Pearse Doherty

Question:

123. Deputy Pearse Doherty asked the Tánaiste and Minister for Business, Enterprise and Innovation the number of applications that have been received for the restart fund for micro and small businesses in County Donegal; the funding that has been allocated to the authority; the number of businesses in County Donegal who have received funding under the fund; and if he will make a statement on the matter. [20441/20]

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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 and as of 24 July 2020, Donegal County Council has received 1,618 applications made to the scheme in total. Of this amount, 1,317 businesses have been approved for funding from the initial funding tranche of €7,402,598 allocated by this Department.

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