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Business Supports

Dáil Éireann Debate, Thursday - 18 April 2024

Thursday, 18 April 2024

Questions (124)

David Stanton

Question:

124. Deputy David Stanton asked the Minister for Enterprise, Trade and Employment to outline the current process with respect to applications for the increased cost of business grant; the number of applications received to date by each respective local authority; and if he will make a statement on the matter. [17003/24]

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Written answers

As you will be aware, as part of Budget 2024, the Government signed off on a package of €257 million for the Increased Cost of Business (ICOB) grant as a vital measure for small and medium businesses. 

Local Authorities, funded through the Department of Enterprise, Trade and Employment, are administering the grant to qualifying businesses on behalf of the Department.  

Local Authorities have written to all rate paying businesses with details of how to register for the grant and it is a very simple process for businesses to verify their details through an online portal.  

The grant has been open for registrations since 14 March. Local Authorities will begin to send payments to eligible businesses from Monday next 22 April. The closing date for registrations for the ICOB grant is 1 May 2024.  I urge all eligible businesses to register for this grant as soon as they receive a letter from their Local Authority.  The sooner a business registers the sooner their details will be verified and the grant will be paid out.  Payments will be made to eligible businesses in the coming weeks.

The following is the situation in relation to uptake of the scheme across all Local Authorities as at Tuesday 16th April.

Agency Name

Total Potential Businesses

Total Submissions

Percentage

Carlow County Council (101)

1579

408

25.84%

Cavan County Council (102)

2063

325

15.75%

Clare County Council (103)

3115

838

26.90%

Cork City Council (104)

9074

2118

23.34%

Cork County Council (105)

12094

2304

19.05%

Meath County Council (106)

3723

1181

31.72%

Donegal County Council (107)

4207

926

22.01%

Dublin City Council (108)

17300

3709

21.44%

Dun Laoghaire-Rathdown County Council (109)

4978

1148

23.06%

Fingal County Council (110)

6324

1662

26.28%

Galway City Council (111)

3174

983

30.97%

Galway County Council (112)

3755

941

25.06%

Kerry County Council (113)

5303

1153

21.74%

Kildare County Council (114)

4980

1320

26.51%

Kilkenny County Council (115)

2476

700

28.27%

Laois County Council (116)

1307

402

30.76%

Leitrim County Council (117)

903

232

25.69%

Limerick City and County Council (118)

4695

1377

29.33%

Longford County Council (119)

975

363

37.23%

Louth County Council (120)

3123

959

30.71%

Mayo County Council (121)

4184

1169

27.94%

Monaghan County Council (122)

1876

569

30.33%

Offaly County Council (123)

2229

448

20.10%

Roscommon County Council (124)

2028

540

26.63%

Sligo County Council (125)

1427

437

30.62%

South Dublin County Council (126)

5612

1438

25.62%

Tipperary County Council (127)

4008

1159

28.92%

Waterford City and County Council (128)

3427

867

25.30%

Westmeath County Council (129)

1936

642

33.16%

Wexford County Council (130)

4568

1617

35.40%

Wicklow County Council (131)

3064

1104

36.03%

Total

129507

33039

25.51%

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