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Covid-19 Pandemic Supports

Dáil Éireann Debate, Tuesday - 7 July 2020

Tuesday, 7 July 2020

Ceisteanna (39)

Richard Boyd Barrett

Ceist:

39. Deputy Richard Boyd Barrett asked the Tánaiste and Minister for Business, Enterprise and Innovation if taxi drivers will be allowed access to the various support schemes for SMEs from which they are currently excluded; and if he will make a statement on the matter. [14566/20]

Amharc ar fhreagra

Freagraí scríofa

The Government has introduced a €12bn package of supports for firms of all sizes, which includes the wage subsidy scheme, the pandemic unemployment payment for the self-employed, grants, low-cost loans, write-off of commercial rates and deferred tax liabilities, all of which will help to improve cashflow amongst SMEs. Full details on all COVID19 supports for business are available at:

https://dbei.gov.ie/en/What-We-Do/Supports-for-SMEs/COVID-19-supports/

Any eligible business, including the self-employed, can apply for the following supports. The most appropriate support will depend on the characteristics of the business.

MicroFinance Ireland can provide loans of up to €50,000 as an immediate measure to specifically deal with exceptional circumstances that micro-enterprises – (any business -Sole Trader, Partnership or Limited Company with less than 10 full time employees and annual turnover of up to €2m)- are facing.

Local Enterprise Offices have moved training programmes, workshops and networking meet-ups online, covering areas such as cash management in a crisis, leading your business through COVID-19 and advice for employers impacted by the crisis. Training programmes are free of charge and places can be booked online, through your Local Enterprise Office.

The former Minister for Employment Affairs and Social Protection, Regina Doherty on 25 June announced that her Department’s Enterprise Support Grant will be made available to assist self-employed recipients who are exiting the Pandemic Unemployment Payment (PUP) scheme with a once-off grant of up to €1,000 to re-start their business. This will provide business owners with a once-off grant of up to €1,000 to re-start their business. A fund of €12m has been allocated for the extension of this grant. The grant will be payable to self-employed micro enterprises which employ fewer than 10 people, have an annual turnover of less than €1 million and are not eligible for support from the COVID 19 Business Restart Grant or other similar business reopening grants.

Government will continue to explore funding potential for all enterprises as they work through the challenges facing them. I will keep the supports provided under review and continue to support businesses as they work through the challenges facing them.

My colleague, Minister Eamon Ryan T.D., Minister for Transport may be able to provide more specific guidelines or supports designed to suit your particular business.

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