Thursday, 30 July 2020

Questions (137)

Patricia Ryan

Question:

137. Deputy Patricia Ryan 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 the Kildare County Council area; the amount of funding that has been allocated to the authority; the number businesses in County Kildare that have received funding under the fund; and if he will make a statement on the matter. [21017/20]

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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.

Kildare County Council has to date received the sum of €6,678,602 in an initial funding tranche from this Department.

As of 24 July 2020, Kildare County Council has received a total of 1,284 applications from businesses seeking Restart Grant funding.

Of this amount, 1,046 businesses have been approved and have received funding.