Dáil Éireann Debate, Thursday - 13 May 2021
177. Deputy Brendan Griffin asked the Tánaiste and Minister for Enterprise, Trade and Employment if applications will be reopened for the small business assistance scheme for late applicants; and if he will make a statement on the matter. [25285/21]
View answerAs you are aware, the closing date for receipt of applications for the first phase of the Small Business Assistance Scheme for COVID (SBASC) was 21st April 2021.
It is not possible to reopen the applications for Phase 1 of SBASC, however, Phase 2 of SBASC will be open for applications to the Local Authorities in the coming weeks. Businesses who have not applied for Phase 1, if they meet the criteria, can still apply for Phase 2 of the scheme.
The aim of this scheme is to provide grants to businesses ineligible for the Government’s other existing schemes such as CRSS and is designed to help with fixed costs. Companies down 75% or more in turnover and in receipt of a rates bill may benefit, including those that commenced after the 1st November 2019 where their turnover is below projections.
