Dáil Éireann Debate, Thursday - 23 May 2024
84. Deputy Pádraig O'Sullivan asked the Minister for Enterprise, Trade and Employment the number of businesses in each of Cork city, Cork county and Kerry registered for the increased cost of business grant before 1 May 2024; how many more in each county have registered since the application process reopened; and if he will make a statement on the matter. [23169/24]
View answerThe Government is very aware that SMEs have faced a number of economic shocks in recent years which have resulted in cost increases.
On May 15th, I, along with my Government colleagues, announced a substantial range of measures to reduce costs for small and medium sized businesses.
Included in these measures was the reopening of the ICOB portal from 15th May to 29th May, in order to allow rate paying business owners who have not registered to do so. We have received feedback that the process of registering is simple and quick.
As part of re-opening the ICOB scheme and given the greater impact that increased costs are having on the hospitality and retail sector, as noted in the DETE-DSP joint working paper titled ‘An Assessment of the Cumulative Impact of Proposed Measures to Improve Working Conditions in Ireland’, it has been agreed that business operating in these sectors will receive a second payment for approved businesses or a double payment for new registrations under this scheme.
The updated figures you requested are as follows, the latest figures are from May 21st:
Cork City - 3806 had registered prior to extension of the scheme and 80 since scheme reopened.
Cork County - 4722 had registered prior to extension of the scheme and 69 since scheme reopened.
Kerry - 2304 had registered prior to extension of the scheme and 28 since scheme reopened.
