Dáil Éireann Debate, Thursday - 3 June 2021
83. Deputy Ruairí Ó Murchú asked the Tánaiste and Minister for Enterprise, Trade and Employment the details in relation to the extended eligibility of the small business assistance scheme for Covid; and if he will make a statement on the matter. [30202/21]
View answerThe 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 know it was recently announced that Phase 2 of the SBASC scheme would be expanded to include businesses who work from non rateable premises with fixed costs if such businesses meet all other eligibility criteria for SBASC. Those businesses who qualify will be eligible for a €4,000 grant.
The Government also agreed to extend eligibility for SBASC to those whose turnover is between €20,000 and €50,000 and meet all other eligibility criteria. These businesses who qualify will be eligible for a grant of €1,000.
This scheme will be open for applications in early June with a closing date of 21st July and Local Authorities will once again administer the scheme. .
