Tuesday, 16 June 2020
Department of Jobs, Enterprise and Innovation
Covid-19 Pandemic Supports
The COVID-19 pandemic has fundamentally changed the Irish and global economy. COVID-19 has emerged as a sudden and profound disruptor. Both globally and nationally it is unclear how deep the impact will be or how long it will last. I have introduced a range of supports for businesses to support them through the crisis and the take up of supports can be accessed on my Department's website at: .
Enterprise Ireland on behalf of the Department of Business Enterprise and Innovation have launched new COVID-19 supports for enterprise which utilise a number of financial instruments including grants. The breakdown of grants approved and paid by county is attached, please note companies approved grants must incur the cost before they can claim payment from Enterprise Ireland. This results in a delay between approval and payment of a grant.
InterTradeIreland launched two new business supports, these are currently being targeted at companies who are already on one of their programs. E-merge enables companies to engage consultancy support & advice (to the value of £2500/€2800) to help them develop online sales & ecommerce solutions.
Emergency Business Solutions: Fully funded consultancy support & advice (to the value of £2000/€2250) to address key business challenges in areas such as emergency cashflow, loan applications and HR/People. InterTradeIreland are not in a position to provide a county breakdown at this point.
All Department of Business, Enterprise and Innovation grant supports are detailed as follows.
Tables of uptake by county where available:
Lean Business Continuity Voucher
|County||Number of grants paid out||Value of supports granted|
Business Continuity Voucher (IDA Ireland)
|County||Number of grants approved, none paid out yet||Value of supports granted|
Business Continuity Voucher Performance 16 March to 10 June 2020
|County||Applications||Approvals||Value of Approvals €||* Value Of Supports Granted €|
Trading Online Voucher Performance 16 March to 10 June 2020
|County||Applications||Approvals||*Value of Approvals €|
429. To ask the Minister for Jobs, Enterprise and Innovation if sports clubs and community centres will be allowed apply for the restart grant when the reopening phase for same occurs; and if she will make a statement on the matter. [11110/20]
On Friday, 15 May 2020 the Government announced details of the new €250m Restart Grant providing direct grant aid to micro and small businesses. The grant is a contribution towards the cost of re-opening or keeping a business operational and re-connecting with employees and customers.
The Restart Grant support is just one part of the wider €12bn package of supports for commercial firms of all sizes, which includes grants, low-cost loans, write-off of commercial rates and deferred tax liabilities, all of which will help those businesses to continue trading and to maintain employment.
To avail of the Restart Grant, applicants must be a commercial business and be in the Local Authorities’ Commercial Rates Payment System, and:
- have a turnover of less than €5m and have 50 or less employees.
- have suffered a projected 25%+ loss in revenue from 1 April 2020 to 30th June 2020.
- commit to remain open or to reopen if it was closed.
- declare the intention to retain employees that are benefitting from the Temporary Wage Subsidy Scheme (TWSS).
The primary objective, therefore, is to get funding into small businesses that:
- Are reliant solely on local trading income;
- Are financially independent from any group structure;
- Have suffered significant financial losses;
- Have had to bear ongoing fixed costs or faced costs associated with re-opening the business;
- Provide local paid employment.
In that context, sporting and community organisations are not eligible because they are not primarily commercial organisations and have sources of income other than commercial sales for example, membership fees.
On Friday 8th May, my colleagues Michael Ring TD, Minister for Rural and Community Development and Seán Canney TD, Minister of State with responsibility for Community Development, announced the launch of a €40 million package of supports for Community and Voluntary Organisations, Charities and Social Enterprises. The package includes a €35 million ‘COVID-19 Stability Fund’ which will provide a level of support to qualifying organisations who are most in need and have seen their trading and/or fundraising income drop significantly during the crisis.
For a full list of supports for business please see .