{"id":280,"date":"2021-03-11T13:04:56","date_gmt":"2021-03-11T13:04:56","guid":{"rendered":"https:\/\/business.kerrycoco.ie\/?page_id=280"},"modified":"2021-07-27T08:29:02","modified_gmt":"2021-07-27T08:29:02","slug":"small-business-assistance-scheme-for-covid","status":"publish","type":"page","link":"https:\/\/business.kerrycoco.ie\/small-business-assistance-scheme-for-covid\/","title":{"rendered":"Small Business Assistance Scheme for COVID"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.22&#8243;][et_pb_row _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.0.47&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;SBASC Text&#8221; _builder_version=&#8221;4.9.10&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; hover_enabled=&#8221;0&#8243; z_index_tablet=&#8221;0&#8243; text_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_text_shadow_blur_strength_tablet=&#8221;1px&#8221; link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_2_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_2_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_2_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_3_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_3_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_3_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_4_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_4_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_4_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_5_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_5_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_5_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_6_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_6_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_6_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h3 class=\"uk-heading-divider\">SBASC Scheme Description<\/h3>\n<div>\n<div class=\"uk-first-column\">\n<p style=\"text-align: center;\"><strong>This scheme is now closed since 21<sup>st<\/sup>\u00a0July, 2021 and no further applications are being accepted<\/strong><\/p>\n<p>Phase 2 of this scheme has been expanded to include those that had previously been ineligible.<\/p>\n<p>Businesses working from\u00a0<b>non-rateable premises are now eligible<\/b>\u00a0to apply and if they meet the other eligibility criteria will receive a grant of\u00a0<b>\u20ac4,000<\/b>.<\/p>\n<p>Businesses with\u00a0<b>a turnover between \u20ac20,000 and \u20ac49,999<\/b>\u00a0are also now eligible to apply if they meet the other eligibility criteria and will receive a grant of\u00a0<b>\u20ac1,000.<\/b><\/p>\n<p>SBASC gives grants to businesses who are not eligible for the Government\u2019s COVID Restrictions Support Scheme (CRSS), the F\u00e1ilte Ireland Business Continuity grant or other direct sectoral grant schemes. This scheme aims to help businesses with their fixed costs, for example, rent, utility bills, security.<\/p>\n<p>If you have received Phase 1 of SBASC you can apply for Phase 2 if you continue to meet the eligibility requirements.<\/p>\n<p><b>Details of Phase 2 of SBASC:<\/b><\/p>\n<ul type=\"disc\">\n<li>The scheme is available for businesses that do not qualify for CRSS, MEBAS, F\u00e1ilte Ireland Schemes or other sector schemes designed to assist with fixed costs<\/li>\n<li>the scheme is available to companies, self-employed, sole traders or partnerships;<\/li>\n<li>the business is not owned and operated by a public body;<\/li>\n<li>the business is not eligible or availed of CRSS, F\u00e1ilte Ireland Business Continuity Scheme, MEBAS or other sectoral schemes.\u00a0The details of these schemes are set out on the application form and FAQs.<\/li>\n<li>the business operates from a building, including working from home, or similar fixed physical structure such as a yard or a street trading pitch for which rates are payable or in a co-working hub or a rented fixed desk.\u00a0\u00a0 This does not include businesses carried on from motor vehicles, such as PSVs or construction trades;<\/li>\n<li>the business must have a current eTax Clearance Certificate from the Revenue Commissioners;<\/li>\n<\/ul>\n<p><b><u>Business Turnover criteria<\/u><\/b><\/p>\n<ul type=\"disc\">\n<li>the turnover of the business over the claim period 1<sup>st<\/sup>\u00a0April to 30<sup>th<\/sup>\u00a0June 2021\u00a0\u00a0is estimated to be no more than 25% of the:<\/li>\n<\/ul>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 average weekly turnover of the business in 2019; or<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 the projected average weekly turnover of the business in 2020, for businesses that commenced after 1st November 2019, and the financial statements as of end of 2019 should be uploaded with the application;<\/p>\n<ul type=\"disc\">\n<li>the business intends to resume trading in full once Government COVID-19 restrictions are eased.<\/li>\n<li>the business was in existence and trading prior to 1st January 2021 and can provide evidence of same.<\/li>\n<\/ul>\n<p>The SBASC will be administered through your local authority:<\/p>\n<p>Proposed Term &amp; Level of Payments<\/p>\n<ul type=\"disc\">\n<li>The scheme will aid eligible businesses that meet the scheme criteria for the trading period beginning the 1st April to 30<sup>th<\/sup>\u00a0of June 2021.<\/li>\n<li>All eligible applications with a minimum turnover of \u20ac50,000 will receive a payment of \u20ac4,000.<\/li>\n<li>All eligible applications with a minimum turnover of \u20ac20,000 and less than \u20ac49,999 will receive a payment of \u20ac1,000.<\/li>\n<li>Payments will be dispersed in the same format as rates refunds via bank transfer.<\/li>\n<li>The Scheme will close to new applicants on 21<sup>st<\/sup>\u00a0July 2021.<\/li>\n<\/ul>\n<p><u>The scheme will be run on a first-come-first-served basis.\u00a0<\/u><\/p>\n<p>For more\u00a0COVID-19 business supports\u00a0visit\u00a0<b><a title=\"\" href=\"https:\/\/eur03.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fscanner.topsec.com%2F%3Ft%3De84531898e41b20dd0d0de5a8c3e005e9f8c8e78%26u%3Denterprise.gov.ie%252Fcoronavirus%26d%3D1777%26r%3Dshow&amp;data=04%7C01%7Cmharkin%40kerrycoco.ie%7Cc2d8151306f845ea809608d92b6bd63c%7C67db9ee02439466dbe39cff05773e5a5%7C0%7C0%7C637588564433570381%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=5KxuLd4hp83LTM4hyj9v0OjB0diHFyBZ9LLEPb8U9pI%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\" data-auth=\"VerificationFailed\" data-linkindex=\"0\">enterprise.gov.ie\/coronavirus<\/a><\/b>.<\/p>\n<\/div>\n<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBASC Scheme Description This scheme is now closed since 21st\u00a0July, 2021 and no further applications are being accepted Phase 2 of this scheme has been expanded to include those that had previously been ineligible. Businesses working from\u00a0non-rateable premises are now eligible\u00a0to apply and if they meet the other eligibility criteria will receive a grant of\u00a0\u20ac4,000. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<h3 class=\"uk-heading-divider\">SBASC Scheme Description<\/h3><div><div class=\"uk-first-column\">The Department of Enterprise Trade & Employment has recently launched the Small Business Assistance Scheme for COVID (SBASC) which is intended\u00a0<strong>to target those businesses<\/strong>\u00a0with operating costs that\u00a0<strong>do not qualify for the COVID Restrictions Support Scheme<\/strong>\u00a0(CRSS) operated by the Revenue Commissioners. The eligibility criteria for both schemes are similar. The main difference between SBASC and CRSS is the requirement, in the case of CRSS, for the public to have access to a business premises. SBASC also aligns with recently announced grant schemes for the tourism, arts and entertainment sectors.<\/div><div class=\"uk-margin-small-top uk-first-column\">\u00a0<\/div><div class=\"ql-align-justify uk-margin-small-top uk-first-column\">The grant, which is available as a contribution towards fixed costs to assist a business to keep operational for an eventual re-opening, is only available to an applicant operating from a rateable property. The scheme covers the period 1 January 2021 to 30 June 2021.\u00a0 Each eligible applicant will receive a payment of \u20ac4,000 with an additional payment of \u20ac4,000 from May 2021 to applicants continuing to meet the scheme eligibility criteria, which is set out in\u00a0<em>Frequently Asked Questions<\/em>\u00a0below.<\/div><div class=\"uk-margin-small-top uk-first-column\">\u00a0<\/div><div class=\"ql-align-justify uk-margin-small-top uk-first-column\">The closing date for applications for the initial grant under SBASC is 21 April 2021.<\/div><div>\u00a0<\/div><\/div><div>Contact our <strong>Business Support Helpline<\/strong> with any queries: <strong>1800 807 102<\/strong><\/div><div>\u00a0<\/div><div>\u00a0<\/div><div><strong>A link will be provided shorty to the online application form and scheme FAQ's.<\/strong><\/div>","_et_gb_content_width":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/business.kerrycoco.ie\/wp-json\/wp\/v2\/pages\/280"}],"collection":[{"href":"https:\/\/business.kerrycoco.ie\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/business.kerrycoco.ie\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/business.kerrycoco.ie\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/business.kerrycoco.ie\/wp-json\/wp\/v2\/comments?post=280"}],"version-history":[{"count":0,"href":"https:\/\/business.kerrycoco.ie\/wp-json\/wp\/v2\/pages\/280\/revisions"}],"wp:attachment":[{"href":"https:\/\/business.kerrycoco.ie\/wp-json\/wp\/v2\/media?parent=280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}