The Restart Grant scheme is just one part of the wider suite of measures for firms of all sizes, which includes grants, low-cost loans, write-off of commercial rates and deferred tax liabilities, all of which will help to improve cashflow amongst SMEs.
This package is a significant step-up in assistance available for all businesses in all sectors at this very difficult time. The measures have been developed to meet the varying needs of Irish enterprise and they are very specifically targeted by size, sector and need and are targeted at vulnerable but viable companies.
Cavan County Council has to date received the sum of €3,251,425 in an initial funding tranche from this Department. A total sum of €2,381,724 has been sought across all applications made to the Scheme to date.
As of 24 July 2020, Cavan County Council has received a total number of 826 applications from businesses seeking Restart Grant funding. Of this amount, 513 have successfully been approved for payment.
Monaghan County Council has to date received a total of 777 applications for Restart Grant funding. Of this amount 703 applicants have been successfully approved for funding from the initial tranche of €3,251,425 allocated to the Council on initiation of the Scheme. A total sum of €2,429,384 has been sought across all applications made to the Scheme to date.
