Oireachtas Joint and Select Committees

Tuesday, 30 June 2020

Special Committee on Covid-19 Response

Impact of Covid-19: SME Recovery

Mr. Derek Butler:

The measures announced in early May allowed for a small restart granting scheme. This was useful because it allowed the Government to cross the Rubicon of determining that granting is important and necessary. It is too small, however, and is only for those businesses that are rateable. A very large cohort of small businesses are not rateable and all small businesses need much more than the €3,000 on average that the scheme is providing. The rest of the schemes are debt-based, too hard to access and too expensive.

Comments

No comments

Log in or join to post a public comment.