Dáil Éireann Debate, Wednesday - 12 February 2025
147. Deputy John McGuinness asked the Minister for Enterprise, Trade and Employment if the appeal process relative to the increased cost of business and power up grants has been finalised; and if so, the date it will open. [5048/25]
Amharc ar fhreagraFollowing an extension to the original deadline, the Increased Cost of Business (ICOB) scheme closed on 29th May 2024. The Power Up grant closed on 22nd November 2024 also following an extension to the original deadline. In order to get payments to businesses as quickly as possible by the end of 2024, the Power Up grant was aligned with the ICOB scheme. In total, over €400 million was paid out to small businesses under these schemes in 2024. My Department is continuing to review issues in relation to businesses that may have been incorrectly classified in their original ICOB submission.
