Grants of up to €8k available for small Cork businesses under Covid relief scheme

Grants of up to €8k are to be made available to small businesses in Cork through a scheme to help people get back on their feet after the pandemic.

Cork County Council is calling on relevant businesses operating from commercially rated premises to avail of the Small Business Assistance Scheme for Covid (SBASC) fund which can assist with fixed costs caused by the ongoing impact of Covid-19 restrictions.

This fund, launched by the Department of Enterprise, Trade & Employment, will supplement the €34 million awarded to County Cork businesses and administered by the Council under the Business Restart Grant Scheme.

The grant is available as a contribution towards fixed costs to assist a business to remain operational for an eventual re-opening.

It is intended for businesses with operating costs that do not qualify for the Covid Restrictions Support Scheme (CRSS), operated by the Revenue Commissioners.

The scheme covers the period 1st January 2021 to 30th June 2021. Each eligible applicant will receive a payment of €4,000 with an additional payment of €4,000 from May 2021 to applicants who continue to meet the eligibility criteria.

Business owners in County Cork operating from a ratable property can apply online through the Council’s Customer Service Portal, YourCouncil.ie.

The closing date for receipt of applications for Quarter 1, 2021 is April 21st. The Council has established a dedicated helpline for queries on (021) 4208000 and email sbasc@corkcoco.ie

If you have any other questions on grants or supports talk to your local Cork Accountant today – AG Associates by emailing info@agassociates.ie

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