The Government previously introduced a €12bn package of supports for firms of all sizes, which includes the wage subsidy scheme, the pandemic unemployment payment for the self-employed, grants, low-cost loans, write-off of commercial rates and deferred tax liabilities, all of which will help to improve cashflow amongst SMEs. Full details on all COVID-19 supports for business are available at: https://dbei.gov.ie/en/What-We-Do/Supports-for-SMEs/COVID-19-supports/
On July 23rd the Government announced the July Jobs Stimulus, a €7.4bn package of measures designed to stimulate a jobs-led recovery and build economic confidence while continuing to manage the impact of Covid-19. Further details on the July Jobs Stimulus are available at: https://dbei.gov.ie/en/News-And-Events/Department-News/2020/July/23072020.html
The Tables below set out the number of applications for supports received from businesses in County Sligo, Leitrim, Donegal and Roscommon under the various schemes.
Tables of uptake: Sligo
Scheme
|
Number of firms / applications
|
Number Processed to date
|
Number of successful applicants
|
Amount allocated
|
Total Value sought
|
Business Financial Planning
|
13
|
N/A
|
7
|
€34,695
|
N/A
|
Online Retail Scheme
|
7
|
N/A
|
4
|
€142,950
|
N/A
|
Restart Grant-
|
632
|
619
|
614
|
€3,007,469
|
€2,114,562
|
Business Continuity Vouchers
|
282
|
274
|
207
|
€498,329
|
Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500
|
Trading Online Vouchers
|
112
|
9*
|
103**
|
€226,998
|
|
E-merge
|
2
|
2
|
1
|
€2800
|
€2800
|
Emergency Business Solutions
|
1
|
1
|
1
|
€2,250
|
€2,250
|
Scheme
SBCI COVID-19 WCS
|
N/a
|
39
|
15
|
€ 1,075,000
|
Not available
|
Business Continuity Grant
|
1
|
1
|
1
|
€2,500
|
€2,500
|
Microfinance Ireland COVID-19 Loan
|
7
|
Not available
|
3
|
€67,000
|
Not available
|
*Applications currently being processed with clients
**Processed and final approval communicated to clients
Tables of uptake: Leitrim
Scheme
|
Number of firms / applications
|
Number Processed to date
|
Number of successful applicants
|
Amount allocated
|
Total Value sought
|
Business Financial Planning
|
<5
|
N/A
|
1
|
€4,998
|
N/A
|
Lean Business Continuity Voucher
|
<5
|
N/A
|
2
|
€5,000
|
N/A
|
Online Retail Scheme
|
<5
|
N/A
|
1
|
€35,986
|
N/A
|
Restart Grant-
|
373
|
365
|
334
|
€1,429,630
|
€958,645
|
Business Continuity Vouchers
|
158
|
141
|
134
|
€319,372
|
Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500
|
Trading Online Vouchers
|
80
|
22*
|
58**
|
€140,883
|
|
Emergency Business Solutions
|
2
|
2
|
2
|
€4,500
|
€4,500
|
SBCI COVID-19 WCS
|
N/A
|
19
|
5
|
€ 655,000
|
Not available
|
Microfinance Ireland COVID-19 Loan
|
7
|
Not available
|
4
|
€105,000
|
Not available
|
*Applications currently being processed with clients
**Processed and final approval communicated to clients
Tables of uptake: Donegal
Scheme
|
Number of firms / applications
|
Number Processed to date
|
Number of successful applicants
|
Amount allocated
|
Total Value sought
|
Business Financial Planning
|
13
|
N/A
|
12
|
€59,295
|
N/A
|
Lean Business Continuity Voucher
|
13
|
N/A
|
13
|
€32,500
|
N/A
|
Online Retail Scheme
|
19
|
N/A
|
8
|
€273,878
|
N/A
|
Restart Grant-
|
1618
|
1404
|
1317
|
€7,402,598
|
€5,364,152
|
Business Continuity Vouchers
|
678
|
671
|
573
|
€911,560
|
Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500
|
Trading Online Vouchers
|
261
|
56*
|
205**
|
€484,410
|
|
E-merge
|
7
|
7
|
5
|
€14,000
|
€14,000
|
Emergency Business Solutions
|
3
|
3
|
2
|
€4,500
|
€4,500
|
SBCI COVID-19 WCS
|
N/A
|
104
|
27
|
€ 1,596,000
|
Not available
|
Microfinance Ireland COVID-19 Loan
|
25
|
Not available
|
17
|
€359,000
|
Not available
|
*Applications currently being processed with clients
**Processed and final approval communicated to clients
Tables of uptake: Roscommon
Scheme
|
Number of firms / applications
|
Number Processed to date
|
Number of successful applicants
|
Amount allocated
|
Total Value sought
|
Business Financial Planning
|
10
|
N/A
|
10
|
€49,795
|
N/A
|
Lean Business Continuity Voucher
|
<5
|
N/A
|
2
|
€5,000
|
NA
|
Online Retail Scheme
|
<5
|
N/A
|
4
|
€67,390
|
N/A
|
Restart Grant-
|
539
|
525
|
510
|
€2,759,580
|
€1,674,871
|
Business Continuity Vouchers
|
232
|
230
|
186
|
€364,419
|
Clients applied for a BCV and applications were assessed and approved up to a max. amount of €2,500
|
Trading Online Vouchers
|
104
|
16*
|
88**
|
€204,986
|
|
E-merge
|
1
|
1
|
1
|
€2800
|
€2800
|
SBCI COVID-19 WCS
|
N/A
|
27
|
6
|
€ 360,000
|
Not available
|
Business Continuity Grant
|
1
|
1
|
1
|
€2,500
|
€2,500
|
Microfinance Ireland COVID-19 Loan
|
11
|
Not available
|
5
|
€110,000
|
Not available
|
*Applications currently being processed with clients
**Processed and final approval communicated to clients
Micro Finance Ireland applications per Local Enterprise Office are as follows:
LEO Sligo
|
3
|
LEO Leitrim
|
1
|
LEO Roscommon
|
11
|
LEO Donegal
|
10
|
Local Enterprise Office also provided Covid-19 related Mentoring and Training as per details below:
|
Mentoring Participants
|
Training Participants
|
LEO Sligo
|
84
|
335
|
LEO Leitrim
|
75
|
477
|
LEO Roscommon
|
129
|
468
|
LEO Donegal
|
91
|
1,621
|
Later this year the Government will set out a National Economic Plan, to chart a long term, jobs-led recovery. It will set out how we secure our public finances in a world where we must live with Covid-19, while driving efforts to decarbonise our economy and prepare for the next phase of technological transformation.