Oireachtas Joint and Select Committees

Thursday, 5 May 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020

9:30 am

Mr. John Hogan:

The scheme was operated by the Strategic Banking Corporation of Ireland, SBCI, as the Deputy probably knows, on behalf of the Department of Enterprise, Trade and Employment. As he rightly said, it offered funding of up to €2 billion. The latest figures we have indicate it has delivered €563 million to more than 8,000 SMEs. The scheme is due to end in line with the EU temporary state aid framework in June 2022.

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