Written answers

Tuesday, 4 March 2025

Department of Enterprise, Trade and Employment

Departmental Data

Photo of William AirdWilliam Aird (Laois, Fine Gael)
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344. To ask the Minister for Enterprise, Trade and Employment the number of businesses in Laois that applied for the Power Up grant; the number of the applications that were successful; the total value of the grants approved; and if he will make a statement on the matter. [9451/25]

Photo of Peter BurkePeter Burke (Longford-Westmeath, Fine Gael)
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In total, the Increased Cost of Business (ICOB) and Power Up grant schemes paid out over €400 million to SMEs right across the country.

In order to get payments to businesses before the end of 2024, the Power Up grant was aligned with the ICOB scheme and a business must have received the second ICOB grant and be in the hospitality, retail and beauty sectors in order to receive the Power Up grant.

In relation to Laois County Council and the Power Up grant, there were 651 applications and Laois County Council paid out just over €2.6 million to those 651 businesses under the scheme.

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