Small and Medium Enterprises
Dail Éireann — 2022-12-13
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Leo Varadkar (FG), Dublin West

I am told that the first payments will land in business accounts within the next two weeks. I will check with the Minister for Finance tomorrow and get back to the Deputy if more information is available. At the moment, 40% is as far as we can go under EU state aid rules. In fact, we have stretched it a little. The rules say 30% but we were able to get clearance for 40%. We have done other things like reducing excise on petrol and diesel, and there are other schemes available and certainly for companies that are exporting or manufacturing. They tend to be big energy users. There are other schemes available, in some cases allowing up to €2 million to be provided to companies in the form of grants, loans, and equities. I would encourage those companies in particular to engage with Enterprise Ireland and IDA Ireland to see whether other schemes are available that would help them if the TBESS does not.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2022-12-13/debate/main
Retrieved: 2026-08-14T04:51:25+00:00
Sitting date: 2022-12-13