Rose Conway-Walsh (Mayo, Sinn Fein)
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175. To ask the Minister for Enterprise, Trade and Employment the number of applications received for the increased cost of business grant; the number that were successful; and the number which were unsuccessful. [28379/25]

Rose Conway-Walsh (Mayo, Sinn Fein)
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176. To ask the Minister for Enterprise, Trade and Employment the amount of funding issued to businesses under the increased cost of business grant; and the amount which has been paid out, including percentages, by local authority area, in tabular form. [28380/25]

Peter Burke (Longford-Westmeath, Fine Gael)
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I propose to take Questions Nos. 175 and 176 together.

The Increased Cost of Business (ICOB) scheme and the Power Up grant paid out over €400 million to SMEs across the country in 2024.

The ICOB grant was divided into two payments and paid out a total of €244 million to SMEs during 2024. The second ICOB payment specifically targeted businesses in the retail, hospitality and beauty sectors.

The attached table contains information in relation to both the first and second ICOB payments and sets out the number of submissions received per local authority area, along with the numbers that were approved and ineligible. The table also sets out the amounts paid to businesses for both the first and second ICOB payment broken down per local authority.

Rose Conway-Walsh (Mayo, Sinn Fein)
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177. To ask the Minister for Enterprise, Trade and Employment the number of applications received for the power up grant; the number that were successful; and the number which were unsuccessful. [28381/25]

Rose Conway-Walsh (Mayo, Sinn Fein)
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178. To ask the Minister for Enterprise, Trade and Employment the amount of funding issued to businesses under the power up grant; and the amount which has been paid out, including percentages, by local authority area, in tabular form. [28382/25]

Peter Burke (Longford-Westmeath, Fine Gael)
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I propose to take Questions Nos. 177 and 178 together.

The Increased Cost of Business (ICOB) scheme and the Power Up grant paid out over €400 million to SMEs across the country in 2024.

The Power Up grant specifically targeted businesses in the hospitality, retail and beauty sectors and €158.7 million was paid in grants to over 39,000 businesses.

The attached table sets out the number of submissions received per local authority area, along with the numbers that were approved and ineligible. The table also sets out the amounts paid to businesses.