Alan Dillon (Mayo, Fine Gael) | Oireachtas source

I thank Deputy McGrath for raising this important issue and for his contribution here today. I reiterate and fully appreciate the important role Irish SMEs play, and their contribution to towns and villages throughout the country. I recognise the increased pressure of doing business. I would point to the speed at which this power up grant was delivered, with more than €150 million distributed through the local authorities in a two-month period. It has been of enormous benefit, with the flat rate of €4,000 representing an enormous cash injection for many of these businesses that desperately need it. It does alleviate some of the pressure, although not all of it. We paid out more than €400 million in 2024 to the businesses most affected. I take on board the issues Deputy McGrath raised in respect of the registration period for the power up grant. As I said earlier, businesses were unable to amend a mischaracterisation of their sector, and this needs to be rectified. I will review this in consideration with Deputy McGrath.

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