Thursday, 30 July 2020

Questions (135)

Violet-Anne Wynne

Question:

135. Deputy Violet-Anne Wynne 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 County Clare; the funding allocated to the authority; the number of businesses in County Clare that have received funding under the fund; and if he will make a statement on the matter. [20902/20]

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Written answers (Question to Business)

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; Clare County Council has received 1,239 applications made to the scheme in total. Of this amount, 998 businesses have been approved for funding from the initial funding tranche of €5,638,513 allocated by this Department.