Written answers
Tuesday, 11 February 2025
Department of Enterprise, Trade and Employment
Business Supports
Gerald Nash (Louth, Labour)
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251. To ask the Minister for Enterprise, Trade and Employment the value and nature of all State-sponsored grants provided to a company (details supplied) in 2022, 2023 and 2024, by the relevant State employment agency of which the company is a client; and if he will make a statement on the matter. [4640/25]
Alan Dillon (Mayo, Fine Gael)
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The company in question received the following payment for the years 2022-2024 from Enterprise Ireland.
Client Offer | Payment 2022 € | Payment 2023 € | Payment 2024 € |
---|---|---|---|
Market Discovery Fund | €76,226 | ||
Company Development | €211,665 | ||
R and D Fund | €242,804 | €190,832 | |
Total | €76,226 | €454,469 | €190,832 |
Paul Murphy (Dublin South West, Solidarity)
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252. To ask the Minister for Enterprise, Trade and Employment when the power-up grant will be examined to allow previously non-eligible businesses to apply (details supplied); and if he will make a statement on the matter. [4678/25]
Peter Burke (Longford-Westmeath, Fine Gael)
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Following an extension to the original deadline, the Increased Cost of Business (ICOB) scheme closed on 29th May 2024. The Power Up grant closed on 22nd November 2024 also following an extension to the original deadline. In order to get payments to businesses as quickly as possible by the end of 2024, the Power Up grant was aligned with the ICOB scheme. In total, over €400 million was paid out to small businesses under these schemes in 2024.
My Department is continuing to review issues in relation to businesses that may have been incorrectly classified in their original ICOB submission.
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