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. 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 Kildare under the various schemes.
Tables of uptake:
|
Scheme
|
Number of firms / applications
|
Number Processed to date
|
Number of successful applicants
|
Amount allocated
|
Amount Sought
|
|
Sustaining Enterprise Fund - Small Enterprise
|
1 application received
|
N/A
|
1 approval
|
€50,000
|
N/A
|
|
COVID-19 Business Financial Planning Grant
|
11 applications received
|
N/A
|
11 approvals
|
€53,598
|
N/A
|
|
Lean Business Continuity Support
|
6 applications received
|
N/A
|
6 approvals
|
€15,000
|
N/A
|
|
COVID-19 Online Retail Scheme
|
8 applications received
|
N/A
|
1 approval
|
€16,188
|
N/A
|
|
Restart Grant- Kildare County Council
|
1284
|
960
|
1046
|
€6,678,602
|
€4,800,750
|
|
SBCI- COVID-19 WCS
|
N/A
|
127
|
23
|
€ 3,140,963
|
Not available
|
|
Microfinance Ireland COVID-19 Loan
|
55
|
Figure not available
|
36
|
€955,000
|
Not available
|
|
E-merge
|
7
|
7
|
6
|
€16,800
|
€16,800
|
|
Emergency Business Solutions
|
6
|
6
|
6
|
€11,250
|
€11,250
|
|
Business Continuity Vouchers
|
724
|
700
|
560
|
€1,400,000
|
Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500
|
|
Trading Online Vouchers
|
276
|
67*
|
209**
|
€486,318
|
|
*Applications/clients currently being processed
**Processed and final approval communicated to clients
The Local Enterprise Office in Kildare submitted 15 Micro Finance applications and also provided Covid-19 related Mentoring Support to 456 participants and Training Support to 1,898 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.
