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Business Supports

Dáil Éireann Debate, Thursday - 27 March 2025

Thursday, 27 March 2025

Questions (206)

Barry Ward

Question:

206. Deputy Barry Ward asked the Minister for Enterprise, Trade and Employment further to Parliamentary Question No. 520 of 19 March 2025, the position regarding a timeline for the completion of the Departmental review of the administration of the Power Up grant scheme; the basis for the missed deadline in February 2025; and if he will make a statement on the matter. [14659/25]

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Written answers

My Department is continuing to review issues that have arisen during the registration period of the Power Up grant, specifically in relation to businesses that were ineligible for the grant due to incorrect classification of their business type while registering for ICOB.

The review of those issues and discussions with the Department of Public Expenditure, National Development Plan Delivery and Reform and the local authorities are ongoing.

It is important to note that over €400 million was paid out to SME's throughout the country in 2024 under ICOB and Power Up.

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