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Covid-19 Pandemic Supports

Dáil Éireann Debate, Thursday - 3 June 2021

Thursday, 3 June 2021

Ceisteanna (78)

Cormac Devlin

Ceist:

78. Deputy Cormac Devlin asked the Tánaiste and Minister for Enterprise, Trade and Employment the status of the administration of the small business assistance scheme. [30231/21]

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Freagraí scríofa

The Small Business Assistance Scheme for COVID was introduced to help businesses not eligible for the Government’s COVID Restrictions Support Scheme (CRSS) and the Fáilte Ireland Business Continuity grant or other direct sectoral grant schemes.

The Scheme was launched on 9th March 2021 through the Local Authorities, with a closing date of 21st April for applications for Q1 2021. The Scheme provided a payment of €4,000 relating to the first quarter of 2021.

There were 5,020 applications for the SBASC in Q1 as of the closing date of 21st April. Of those, as of 28th May 1,834 have been rejected, with 493 still being assessed and 2,693 either approved for payment or paid.

Earlier this month Government agreed to expand the SBASC scheme which will now take into account businesses who do not pay rates and also businesses that have a turnover below €50,000.  Phase 2 of this scheme will be open for applications in early June, with a closing date of 21st July.  As with Phase 1 it will be administered by the Local Authorities.

Further details of the scheme including all eligibility criteria will shortly be available on my Department's website www.enterprise.gov.ie and on Local Authority websites.

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