Small Business Assistance Scheme (SBASC) Q2


The expanded Small Business Assistance Scheme for COVID is now open for applications through your Local Authority.
Closing date for this scheme is 21st July 2021.

Phase 2 of this scheme has been expanded to include those that had previously been ineligible.
Businesses working from non-rateable premises are now eligible to apply and if they meet the other eligibility criteria will receive a grant of €4,000.

Businesses with a turnover between €20,000 and €49,999 are also now eligible to apply if they meet the other eligibility criteria and will receive a grant of €1,000.

SBASC gives grants to businesses who are not eligible for the Government’s COVID Restrictions Support Scheme (CRSS), the Fáilte 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.

If you have received Phase 1 of SBASC you can apply for Phase 2 if you continue to meet the eligibility requirements.


Details of Phase 2 of SBASC:


Business Turnover criteria:

The SBASC will be administered through your local authority: Proposed Term & Level of Payments

The scheme will be run on a first-come-first-served basis. For more COVID-19 business supports visit https://enterprise.gov.ie/en/What-We-Do/Supports-for-SMEs/COVID-19-supports/.


APPLY


Further information and assistance is available from Waterford City & County Council’s Small Business Assistance Scheme for COVID (SBASC) Team at 0761 10 2732 or sbasc@waterfordcouncil.ie

The closing date for applications for the initial grant under SBASC is 21st July 2021.