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Dáil Éireann Debate, Tuesday - 14 May 2024

Tuesday, 14 May 2024

Questions (271)

Matt Shanahan

Question:

271. Deputy Matt Shanahan asked the Minister for Enterprise, Trade and Employment the steps that need to be taken to complete a ICOB scheme application given that the MyCoCo programme timed them out and shut down (details supplied); and if he will make a statement on the matter. [21555/24]

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Written answers

As you are aware, as part of Budget 2024, the Government signed off on a package of €257 million for the Increased Cost of Business (ICOB) grant as a vital measure for small and medium businesses.

This scheme closed on the 1st of May and the ICOB portal is not live at the moment. Analysis has been undertaken in relation to the grant scheme. A decision will be made this week and I expect to make an announcement in relation to the next steps of the ICOB scheme very soon.

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