The SBASC was introduced to help businesses not eligible for the Government’s COVID Restrictions Support Scheme (CRSS) and the Fáilte Ireland Business Continuity grant or other direct sectoral grant schemes.
The Scheme was launched on 9th March 2021 through the Local Authorities, with a closing date of 21st April for applications for Q1 2021.
As you may be aware I recently announced the expansion of the Small Business Assistance Scheme for COVID (SBASC). The expansion will now allow for non rated businesses and businesses with a turnover below €50,000 to apply for the grant. Businesses operating from a non rateable premises will now be able to apply for the grant if they meet all eligible criteria.
The details of the second phase of the small business assistance scheme for COVID (SBASC) are currently being finalised and will be open for applications from early June, with a closing date of 21st July. Local Authorities will once again be administering this scheme.