The Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD, today opened the Small Business Assistance Scheme for COVID (SBASC) for a second round of applications from both SMEs and microenterprises.
These schemes are in addition to the comprehensive package the Government has put in place to help businesses and workers during the pandemic, including the Employment Wage Subsidy Scheme (EWSS), the Pandemic Unemployment Payment (PUP), the Covid Restrictions Support Scheme (CRSS), low-cost loans, the deferral and warehousing of tax liabilities and the waiver of commercial rates.
SMEs and microenterprises can apply for a grant of €4,000 for those with turnover above €50,000 and €1,000 for microenterprises with a turnover of between €20,000 and €49,999, via a new streamlined application process through their Local Authority or Local Enterprise Office.
- Interested businesses can apply from today through their Local Enterprise Office (LEO) or Local Authority and I’d encourage them to do so. I know it’s a modest enough grant but it will make a big difference in helping with utility, IT, legal and accountancy bills and the other fixed costs incurred by a business.
- Businesses in receipt of the Employment Wage Subsidy can apply for and receive this grant without it affecting their claim. It is a grant, not a loan or tax credit and is not re-payable.
- This SBASC is open for applications from today at all Local Authorities’ websites around the country.
For more information, visit https://enterprise.gov.ie/Djei/en/News-And-Events/Department-News/2021/June/20210609b.html