Dáil Éireann Debate, Thursday - 3 December 2020
143. Deputy Paul Kehoe asked the Tánaiste and Minister for Enterprise, Trade and Employment further to Parliamentary Question No. 25 of 25 November 2020, if he will clarify a matter (details supplied); and if he will make a statement on the matter. [40822/20]
View answerIn my response to Parliamentary Question No. 25 of 25 November 2020, I stated that ‘The Micro Enterprise Assistance Fund provided eligible businesses with a voucher of between €500 and €1,000 in respect of vouched expenditure’.
The ‘voucher’ is by way of a grant of between €500 and €1000 and the term ‘Vouched Expenditure’ should be taken to mean supported by a receipt and/or proof of purchase.
Therefore, a business can only avail of the Micro Enterprise Assistance Fund by providing appropriate proof of payment to support their application.
The disbursement of public funds is subject to two key conditions, namely that they are are applied for the purposes for which they are intended and it is possible to verify such expenditure. This is normally achieved by way of a vouched expenditure condition.
