Results 8,801-8,820 of 40,330 for speaker:Leo Varadkar

Written Answers — Department of Jobs, Enterprise and Innovation: Ministerial Responsibilities (7 Jul 2020)

Leo Varadkar: Yes. These briefing papers will be published on the Department's website in coming weeks.

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: As of 6 July 2020, a total sum of €71,019,277 in grants has been disbursed to businesses under the Restart Grant scheme since its inception in May 2020. A further sum of €17,844,688 is due to be paid in respect of applications which have recently been approved. The additional information which the Deputy is seeking in terms of the amounts per thousand disbursed to businesses...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: The Government has introduced a €12bn package of supports for firms of all sizes, which includes the wage subsidy scheme, the pandemic unemployment payment for the self-employed, grants, low-cost loans, write-off of commercial rates and deferred tax liabilities, all of which will help to improve cashflow amongst SMEs. Full details on all COVID19 supports for business are available at:...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: The Government has introduced a €12bn package of supports for firms of all sizes, which includes the temporary wage subsidy scheme, the pandemic unemployment payment for the self-employed, grants, low-cost loans, write-off of commercial rates and deferred tax liabilities, all of which will help to improve cashflow amongst SMEs. Full details on all COVID19 supports for business are...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: The new €2 billion COVID-19 Credit Guarantee Scheme which was announced on 2 May 2020, forms a major component of the Government’s strategy to aid SMEs in these difficult times by providing critical support to ensure businesses are facilitated in having access to credit facilities to assist a return to a more regular trading environment. It will provide an 80% guarantee on...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: The Credit Guarantee Scheme was implemented under the Credit Guarantee Act 2012, which came into effect on 30th August 2012, with secondary legislation setting out the operational detail of the Scheme. The Credit Guarantee Scheme is available to Covid-19 impacted businesses, it supports loans up to €1 million for periods of up to 7 years. The Scheme offers a partial Government...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: The Covid-19 Working Capital Scheme is offered in cooperation with the Department of Agriculture, Food and the Marine, and is supported by the InnovFin SME Guarantee facility. The scheme is operated by the SBCI through participating finance providers. It currently makes available a fund of up to €200 million to eligible businesses that have been negatively affected by impacts...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: The Covid-19 Loan, available from Microfinance Ireland (MFI), was introduced as a support to microenterprises to help them access funding arising from the Covid-19 crisis. These loans are available for eligible microenterprises responding to Covid-19-related difficulties, the negative impact of which must be a minimum of 15% of actual or projected income or profit. Loans up to €50,000...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: The new €2 billion COVID-19 Credit Guarantee Scheme forms a major component of the Government’s strategy to aid SMEs in these difficult times by providing critical support to ensure businesses are facilitated in having access to credit facilities to assist a return to a more regular trading environment. It will provide an 80% guarantee on lending to SMEs until the end of...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: The Credit Guarantee Scheme was implemented under the Credit Guarantee Act 2012, which came into effect on 30th August 2012, with secondary legislation setting out the operational detail of the Scheme. The Credit Guarantee Scheme is available to Covid-19 impacted businesses. It supports loans up to €1 million for periods of up to 7 years. The Scheme offers a partial Government...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: The Covid-19 Working Capital Scheme makes available a fund of up to €200 million to eligible businesses that have been negatively affected by impacts arising from the outbreak of Covid-19 to enable those businesses to innovate, change or adapt in response to the current business environment. Work is under way on a significant expansion to the scheme and this will be brought to the...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (7 Jul 2020)

Leo Varadkar: The Covid-19 Loan, available from Microfinance Ireland (MFI), was introduced as a support to microenterprises to help them access funding arising from the Covid-19 crisis. These loans are available for eligible microenterprises responding to Covid-19-related difficulties, the negative impact of which must be a minimum of 15% of actual or projected income or profit. Loans up to €50,000...

Estimates for Public Services 2020 - Vote 32 - Business, Enterprise and Innovation (Revised) (30 Jun 2020)

Leo Varadkar: I want to reassure Deputies Harkin and Feighan, and everybody in Sligo, that it remains Government policy that Sligo should develop as a major urban centre for the north-west. Project Ireland 2040 is alive and well and will continue to be implemented. The fact there is no specific mention of it in the programme for Government does not mean the policy has changed. It is something I am very...

Estimates for Public Services 2020 - Vote 32 - Business, Enterprise and Innovation (Revised) (30 Jun 2020)

Leo Varadkar: I am not familiar with the Danish example the Deputy mentioned, but I will be happy to learn more about it. I will check about the marts. I understand from what the Deputy said that they are not included in the scheme. We will examine that and see if it makes sense to include them as part of the July stimulus. I know there are some other examples of companies and businesses that have been...

Estimates for Public Services 2020 - Vote 32 - Business, Enterprise and Innovation (Revised) (30 Jun 2020)

Leo Varadkar: I know Deputy Naughten has a particular interest in the matter of Aptar and he has been in touch with my office directly, as has Senator Dolan. We do not yet know how many job losses there will be but IDA Ireland and my office will get involved to see what we might be able to do to protect as many of those jobs as we can and see what alternatives can be found, if at all possible.

Estimates for Public Services 2020 - Vote 32 - Business, Enterprise and Innovation (Revised) (30 Jun 2020)

Leo Varadkar: I have a very strong view that every Minister should see himself or herself as having a national remit. As a Dublin-based politician, I am very aware of my responsibility to be a national Minister for Enterprise, Trade and Employment, and that is exactly what I will be. It is what I tried to do, as best as I could, as Taoiseach. When I was appointing my Cabinet three years ago, we had two...

Estimates for Public Services 2020 - Vote 32 - Business, Enterprise and Innovation (Revised) (30 Jun 2020)

Leo Varadkar: I thank the Acting Cathaoirleach.

Estimates for Public Services 2020 - Vote 32 - Business, Enterprise and Innovation (Revised) (30 Jun 2020)

Leo Varadkar: I will be very quick. The €6 million for Shannon Airport was approved by Cabinet last week. It is mainly for infrastructure works. I think the airport will need additional state aid and support in the coming months because of the unprecedented situation we are in. I will study the potential anomalies in the wage subsidy scheme. I really regret that Shannon Heritage has chosen...

Estimates for Public Services 2020 - Vote 32 - Business, Enterprise and Innovation (Revised) (30 Jun 2020)

Leo Varadkar: We informed the world that rates were being waived for companies that had to close for that three-month period. We may have to consider extending that waiver. I do not know why Dublin City Council has not been formally informed but I will check that out. Regarding SMEs, the plan is a mix of grants and loans. Grants are available, such as the restart grant, which the Deputy mentioned,...

Estimates for Public Services 2020 - Vote 32 - Business, Enterprise and Innovation (Revised) (30 Jun 2020)

Leo Varadkar: I thank the Deputy for his contribution. Something he mentioned that I strongly identify and agree with is the extent to which our food supply chains proved to be very robust. I recall the earliest part of this crisis, during which one of the things we were worried about as a Government was supply chains and, in particular, food supply chains. They turned out to be really robust, and that...