The Small Business Assistance Scheme for Covid (SBASC)
What you need to know
The Small Business Assistance Scheme for Covid (SBASC) scheme was announced by the Department of Enterprise, Trade and Employment on Thursday the 11th of March (see full press release).
The scheme is now open for applications.
- This initiative is provided by Kildare County Council
- You can apply for the scheme on the Kildare County Website here >>
- Details of eligibility of the scheme and the online application form can be accessed through the above link.
About the Small Business Assistance Scheme for Covid (SBASC)
The Department of Enterprise, Trade & Employment has recently launched the Small Business Assistance Scheme for COVID (SBASC) which is intended to target those businesses with operating costs that do not qualify for the COVID Restrictions Support Scheme (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 business premises.
SBASC also aligns with recently announced grant schemes for the tourism, arts and entertainment sectors.
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. Each eligible applicant will receive a payment of €4,000 with an additional payment of €4,000 from May 2021 to applicants continuing to meet the scheme eligibility criteria.