Insights

COVID-19 Business Aid Scheme (CBAS)

covid 19

The Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD has announced €160m for measures to help businesses during the pandemic, including a new €60 million COVID-19 Business Aid Scheme (CBAS) which is being developed to provide grants to businesses ineligible for the Government’s other existing schemes that are designed to help with fixed costs. E.g. some businesses that aren’t eligible for existing grants, largely due to the fact that the premises they operate from have not been closed to the public -, wholesalers, suppliers, caterers, office-based businesses down 75% or more in turnover may qualify.

The new scheme will offer a grant of up to €8,000. In order to qualify for CBAS, your business must meet the following range of conditions:

You can apply online through your local authority and it will be open for applications shortly.