Brendan Smith (Cavan-Monaghan, Fianna Fail)
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111. To ask the Minister for Enterprise, Trade and Employment if payments will issue at an early date in respect of the increased cost of business and Power Up grant schemes, which have been delayed due to classification issues, taking into account that many small enterprises factored in this grant payment in their overall income stream to meet costs; and if he will make a statement on the matter. [16266/25]

Peter Burke (Longford-Westmeath, Fine Gael)
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The Increased Cost of Business (ICOB) Scheme and the Power Up grant paid out over €400 million to SMEs in 2024.

My Department is aware of issues that have arisen during the registration period, in particular, in relation to businesses that were ineligible for the grant due to incorrect classification of their business type while registering for ICOB. The Department is currently reviewing the issues that have arisen and is considering next steps in consultation with the Department of Public Expenditure, National Development Plan Delivery and Reform and the local authorities.