The Increased Cost of Business (ICOB) grant was announced as part of the Budget 2024 package to particularly benefit small and medium sized businesses who operate from a rateable premises.
The Scheme closed for registrations on 1st May. The number of businesses who have registered is 66,108 and this represents 55% of the total number of potentially eligible businesses. Business details have to be verified and payments have begun to be made to businesses. Now that the scheme has closed, the data will be analysed and a decision will be made on further steps.
The cost of the grant per county is not available at this stage. The number of registrations broken down per county is as follows:
Local Authority
|
Estimate of businesses
|
Total Submissions
|
Carlow County Council (101)
|
1504
|
941
|
Cavan County Council (102)
|
2385
|
1115
|
Clare County Council (103)
|
3474
|
1828
|
Cork City Council (104)
|
9333
|
3737
|
Cork County Council (105)
|
6404
|
4721
|
Meath County Council (106)
|
3801
|
2315
|
Donegal County Council (107)
|
4449
|
2264
|
Dublin City Council (108)
|
16246
|
7468
|
Dun Laoghaire-Rathdown County Council (109)
|
4369
|
2482
|
Fingal County Council (110)
|
5310
|
2744
|
Galway City Council (111)
|
2900
|
1871
|
Galway County Council (112)
|
4251
|
1819
|
Kerry County Council (113)
|
3880
|
2303
|
Kildare County Council (114)
|
4083
|
2846
|
Kilkenny County Council (115)
|
2521
|
1207
|
Laois County Council (116)
|
1470
|
906
|
Leitrim County Council (117)
|
991
|
465
|
Limerick City and County Council (118)
|
4466
|
2709
|
Longford County Council (119)
|
1106
|
741
|
Louth County Council (120)
|
3393
|
1909
|
Mayo County Council (121)
|
3372
|
2447
|
Monaghan County Council (122)
|
1702
|
1178
|
Offaly County Council (123)
|
1707
|
928
|
Roscommon County Council (124)
|
1439
|
951
|
Sligo County Council (125)
|
1656
|
990
|
South Dublin County Council (126)
|
6210
|
2943
|
Tipperary County Council (127)
|
4683
|
2355
|
Waterford City and County Council (128)
|
3355
|
1887
|
Westmeath County Council (129)
|
2206
|
1351
|
Wexford County Council (130)
|
4417
|
2675
|
Wicklow County Council (131)
|
3448
|
2012
|
Total
|
120531
|
66108
|