Oireachtas Joint and Select Committees

Tuesday, 9 June 2020

Special Committee on Covid-19 Response

Reopening the Economy: Supports for Business

Dr. Orlaigh Quinn:

The restart grant scheme is €250 million and we estimate that approximately 100,000 companies will benefit from it. It is a recognition of businesses that have maintained links with their staff and it is available to microbusinesses. It is based on the commercial rates, and that is possibly what the Deputy referred to when she mentioned bed and breakfast accommodation. All of the schemes are kept under review. The tourism recovery task force is meeting at the moment and this is something it could look at. To date, we have had approximately 20,000 applicants and 15,000 have been approved. It is an opportunity in particular for businesses that have costs in starting back, for example relating to health and safety or Perspex, to cover some of these costs. It was done on this basis.

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