Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I thank the Deputy. I will have to double check the figure. Quite a few details will need to be ironed out in respect of this particular scheme. Some 98% of businesses in Ireland have a turnover of less than €1 million. This scheme is very much aimed at the SME sector. As I understand it, it involves 10% of the first €1 million and 5% of the second €1 million up to a maximum grant of €5,000 per week. It applies to companies that have turnovers of €4 million, €5 million or €6 million, but they can only claim for the first €3 million. I am almost sure of that, but I will double check the figures and confirm with the Deputy later.

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