The Government previously introduced a 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 COVID-19 supports for business are available at: https://dbei.gov.ie/en/What-We-Do/Supports-for-SMEs/COVID-19-supports/
On July 23rd the Government announced the July Jobs Stimulus, a €7.4bn package of measures designed to stimulate a jobs-led recovery and build economic confidence while continuing to manage the impact of Covid-19. The priority of the Government remains the wellbeing of our people and communities. We are now increasing our focus on business and on getting as many people as possible back to work. Further details on the July Jobs Stimulus are available at: https://dbei.gov.ie/en/News-And-Events/Department-News/2020/July/23072020.html
The Table below sets out the number of applications for supports received from businesses in County Tipperary under the various schemes.
Tables of uptake:
|
Scheme
|
Number of firms / applications
|
Number Processed to date
|
Number of successful applicants
|
Amount allocated
|
Total Value sought
|
|
Business Financial Planning
|
20
|
N/A
|
0
|
€0
|
N/A
|
|
Lean Business Continuity Voucher
|
6
|
N/A
|
0
|
€0
|
N/A
|
|
Sustaining Enterprise Fund
|
1
|
N/A
|
1
|
€400,000
|
N/A
|
|
Online Retail Scheme
|
11
|
N/A
|
6
|
€217,793
|
N/A
|
|
Restart Grant
|
1729
|
1561
|
1471
|
€7,114,049
|
€5,190,415
|
|
SBCI COVID-19 WCS
|
N/A
|
70
|
20
|
€ 2,145,000
|
Not available
|
|
Microfinance Ireland COVID-19 Loan
|
29
|
Not available
|
15
|
€466,000
|
Not available
|
|
E-merge
|
3
|
1
|
1
|
€2,800
|
€2,800
|
|
Emergency Business Solutions
|
2
|
2
|
2
|
€4,500
|
€4,500
|
|
Business Continuity Vouchers
|
623
|
623
|
606
|
€1,500,000
|
Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500
|
|
Trading Online Vouchers
|
222
|
33*
|
189**
|
€442,730
|
|
*Applications currently being processed with clients
**Processed and final approval communicated to clients
The Local Enterprise Office in Tipperary submitted 8 Micro Finance applications and also provided Covid-19 related Mentoring Support to 106 participants and Training Support to 895 participants.
Later this year the Government will set out a National Economic Plan, to chart a long term, jobs-led recovery. It will set out how we secure our public finances in a world where we must live with Covid-19, while driving efforts to decarbonise our economy and prepare for the next phase of technological transformation.
