Oireachtas Joint and Select Committees

Tuesday, 9 June 2020

Special Committee on Covid-19 Response

Reopening the Economy: Supports for Business

Dr. Orlaigh Quinn:

We started initially with a small amount. It was a test scheme. We have had three years' worth of applications in three months. As the Deputy said, it has been very popular, which is great to see. We doubled it initially to try to deal with the money coming in. Since then we have brought it back up to €20 million. We are very pleased that so many companies have engaged. It has been a major aim of ours for many years that people would go on the retail. To date we have approved 1,600.

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