Written answers
Thursday, 30 July 2020
Department of Jobs, Enterprise and Innovation
Covid-19 Pandemic Supports
Pauline Tully (Cavan-Monaghan, Sinn Fein)
Link to this: Individually | In context | Oireachtas source
109. To ask the Minister for Jobs, Enterprise and Innovation the number of applications received for the restart fund for micro and small businesses in each local authority in counties Cavan and Monaghan; the funding allocated to each authority in counties Cavan and Monaghan; the number of businesses that received funding under the fund in each local authority in the counties; and if he will make a statement on the matter. [20191/20]
Leo Varadkar (Dublin West, Fine Gael)
Link to this: Individually | In context | Oireachtas source
The Restart Grant scheme is just one part of the wider suite of measures for firms of all sizes, which includes grants, low-cost loans, write-off of commercial rates and deferred tax liabilities, all of which will help to improve cashflow amongst SMEs.
This package is a significant step-up in assistance available for all businesses in all sectors at this very difficult time. The measures have been developed to meet the varying needs of Irish enterprise and they are very specifically targeted by size, sector and need and are targeted at vulnerable but viable companies.
Cavan County Council has to date received the sum of €3,251,425 in an initial funding tranche from this Department. A total sum of €2,381,724 has been sought across all applications made to the Scheme to date.
As of 24 July 2020, Cavan County Council has received a total number of 826 applications from businesses seeking Restart Grant funding. Of this amount, 513 have successfully been approved for payment.
Monaghan County Council has to date received a total of 777 applications for Restart Grant funding. Of this amount 703 applicants have been successfully approved for funding from the initial tranche of €3,251,425 allocated to the Council on initiation of the Scheme. A total sum of €2,429,384 has been sought across all applications made to the Scheme to date.
Pauline Tully (Cavan-Monaghan, Sinn Fein)
Link to this: Individually | In context | Oireachtas source
110. To ask the Minister for Jobs, Enterprise and Innovation the number of applications for supports under the various schemes for businesses impacted by Covid-19 received from businesses in counties Cavan and Monaghan; the number processed to date; the number that have been successful; the amount allocated to these businesses; the amount sought; and if he will make a statement on the matter. [20193/20]
Leo Varadkar (Dublin West, Fine Gael)
Link to this: Individually | In context | Oireachtas source
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:
On July 23rdthe 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:
The Table below sets out the number of applications for supports received from businesses in County Cavan/Monaghan under the various schemes.
Tables of uptake Cavan:
Scheme | Number of firms / applications | Number Processed to date | Number of successful applicants | Amount allocated | Amount Requested |
---|---|---|---|---|---|
Sustaining Enterprise Fund Large | 1 | N/A | 0 | 0 | N/A |
COVID-19 Business Financial Planning Grant | 10 | N/A | 10 | €49,775 | N/A |
Lean Business Continuity Support | 8 | N/A | 8 | €20,000 | N/A |
COVID-19 Online Retail Scheme | 3 | N/A | 3 | €104,661 | N/A |
Restart Grant | 826 | 578 | 513 | €3,251,425 | €2,381,724 |
SBCI - COVID-19 WCS | N/A | 33 | 5 | € 450,000 | Not available |
Microfinance Ireland COVID -19 Loan | 16 | Not available | 11 | €285,000 | Not available |
E-merge | 6 | 6 | 4 | €11,200 | €11,200 |
Emergency Business Solutions | 1 | 1 | 1 | €2,250 | €2,250 |
Business Continuity Vouchers | 368 | 368 | 342 | €545,000 | Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500 |
Trading Online Vouchers | 114 | 31* | 83** | €119,322 |
*Applications/clients currently being processed
**Processed and final approval communicated to clients
The Local Enterprise Office in Cavan submitted 7 Micro Finance applications and also provided Covid-19 related Mentoring Support to 55 participants and Training Support to 495 participants.
Tables of uptake Monaghan:
Scheme | Number of firms / applications | Number Processed to date | Number of successful applicants | Amount allocated | Amount Requested |
---|---|---|---|---|---|
COVID-19 Business Financial Planning Grant | 10 | N/A | 10 | €49,400 | N/A |
Lean Business Continuity Support | 9 | N/A | 9 | €22,500 | N/A |
COVID-19 Online Retail Scheme | 7 | N/A | 3 | €111,639 | N/A |
Restart Grant | 777 | 747 | 703 | €3,251,425 | €2,429,384 |
SBCI - COVID-19 WCS | N/A | 38 | 3 | €190,000 | Not available |
Microfinance Ireland COVID-19 Loan | 14 | Not available | 10 | €309,000 | Not available |
E-merge | 4 | 4 | 2 | €5,600 | €5,600 |
Emergency Business Solutions | 5 | 5 | 4 | €9,000 | €9,000 |
Business Continuity Vouchers | 226 | 223 | 223 | €364,780 | Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500 |
Trading Online Vouchers | 84 | 26* | 58** | €137,772 |
*Applications/clients currently being processed
**Processed and final approval communicated to clients
The Local Enterprise Office in Monaghan submitted 6 Micro Finance applications and also provided Covid-35 related Mentoring Support to 35 participants and Training Support to 648 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.
No comments