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Business Supports

Dáil Éireann Debate, Thursday - 23 May 2024

Thursday, 23 May 2024

Ceisteanna (92)

Cormac Devlin

Ceist:

92. Deputy Cormac Devlin asked the Minister for Enterprise, Trade and Employment the number of businesses in each of the four Dublin local authority areas registered for the increased cost of business grant before 1 May 2024; how many more in each area have registered since the application process reopened last week; and if he will make a statement on the matter. [23103/24]

Amharc ar fhreagra

Freagraí scríofa

The Government is very aware that SMEs have faced a number of economic shocks in recent years which have resulted in cost increases.

On May 15th, I, along with my Government colleagues, announced a substantial range of measures to reduce costs for small and medium sized businesses.

Included in these measures was the reopening of the ICOB portal from 15th May to 29th May, in order to allow rate paying business owners who have not registered to do so. We have received feedback that the process of registering is simple and quick.

As part of re-opening the ICOB scheme and given the greater impact that increased costs are having on the hospitality and retail sector, as noted in the DETE-DSP joint working paper titled ‘An Assessment of the Cumulative Impact of Proposed Measures to Improve Working Conditions in Ireland’, it has been agreed that business operating in these sectors will receive a second payment for approved businesses or a double payment for new registrations under this scheme.

The figures you requested as at 21 May are as follows :

Dublin City Council - 7471 registered before 1 May and 93 since scheme reopened.

Dun Laoghaire - Rathdown County Council - 2483 registered before 1 May and 25 since scheme reopened.

Fingal - 2757 registered before 1 May and 99 since scheme reopened.

South Dublin County Council - 2951 registered before 1 May and 28 since scheme reopened.

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