Dáil debates
Thursday, 1 May 2025
Ceisteanna Eile - Other Questions
Business Supports
3:15 am
Alan Dillon (Mayo, Fine Gael)
Regarding the Deputies' supplementary questions, we can go back and forth. To answer Deputy Ward's questions on the steps that are now required, it was important that the Government this week approved the appeals process. We will now engage with the local authorities to map out the extent of those businesses that were eligible for ICOB 1 and, therefore, applied for ICOB 2 but were unsuccessful. ICOB 2 is the important one, as those who are eligible for ICOB 2 also get the power up grant. We obtained legal advice on those, not just on getting the power up grant, but also getting ICOB 2. It is important to emphasise that.
Regarding the number of those who were misclassified, the determination during the implementation of the original system was that the classification of sector, be it retail, hospitality or beauty, was insignificant when they applied initially. However, it became apparent that, when applying for ICOB 2, having the correct classification was critical in order to get both. When we implemented the power up grant in October 2024, it was on the basis that the applicant had previously been in receipt of ICOB 2. That is where the challenge is. We are scoping out the matter. While there is not a clear determination on the number, it is in the region of 6,000 businesses. We are engaging with the Department of public expenditure on the overall cost that will be involved, which is potentially in the region of €40 million. That still has to be determined.
On the timeline, we want to see this done as swiftly as possible, preferably before the end of the year. We will be directed in that engagement from local authorities with businesses that applied for ICOB 1.
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