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Covid-19 Pandemic Supports

Dáil Éireann Debate, Thursday - 30 July 2020

Thursday, 30 July 2020

Ceisteanna (91)

Violet-Anne Wynne

Ceist:

91. Deputy Violet-Anne Wynne asked the Tánaiste and Minister for Business, Enterprise and Innovation the number of applications for supports under the various schemes for businesses impacted by Covid-19 that have been received from businesses in County Clare; the number of these that have been processed to date; the number that have been successful; the amount allocated to these businesses; and if he will make a statement on the matter. [20904/20]

Amharc ar fhreagra

Freagraí scríofa

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 among 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 Clare under the various schemes.

Tables of uptake:

Scheme

Number of firms / applications

Number Processed to date

Number of successful applicants

Amount allocated

Amount Requested

Sustaining Enterprise Fund - HPSU

<5

N/A

<5

€50,000

N/A

COVID-19 Business Financial Planning Grant

21

N/A

21 approvals

€102,580

N/A

Lean Business Continuity Support

N/A

6 approvals

€15,000

N/A

COVID-19 Online Retail Scheme

10

N/A

7 approvals

€233,011

N/A

Restart Grant

1239

1161

998

€5,638,513

€3,853,400

Business Continuity Grant

1

1

1

€2,500

€2,500

SBCI COVID-19 WCS

N/A

70

12

€1,892,000

Not available

Microfinance Ireland   COVID-19 Loan

27

N/A

13

€396,000

Not available

E-merge

4

4

4

€11,200

€11,200

Emergency Business Solutions

2

2

2

€4,500

€4,500

Business Continuity Vouchers

397

397

348

€677,592

Clients applied for a BCV and   applications were assessed and approved up to a max. amount of €2,500

Trading Online Vouchers

302

135*

167**

€417,500

 

*Applications currently being processed with clients

**Processed and final approval communicated to clients  

The Local Enterprise Office in Clare submitted 12 Micro Finance applications and also provided Covid-19 related Mentoring Support to 246 participants and Training Support to 1,272 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.

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