Applications for the once off payment, known as the Increased Cost of Doing Business Grant, close this week (Wednesday 29th May 2024).
“This grant is specifically aimed at SMEs in recognition of the increased operating costs they are currently facing. It’s a once-off payment of up to €5,000, depending on their commercial rates bill from 2023. As this is a new grant, there will be some Dublin SMEs who may not be aware they are entitled to it and that they have to get their paperwork in before the extended deadline of this Wednesday,” MEP Andrews explained.
“Overall, €257m was allocated in this year’s budget under this new fund. To qualify, a business must be paying commercial rates, must be tax complaint, must have been trading on or before 1st February 2024 and must intend to continue to trade for a further three months after they apply.
“I know from speaking to small business owners across Dublin that the cost of doing business has increased. This grant is about helping to ease that pressure. I am urging all small businesses in Dublin to avail of this once of payment. They can apply online before Wednesday, 29th May 2023. Full details of the process and their entitlement has been provided to every SME in their 2024 commercial rates bill.”
ENDS
