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11/10/2024 - 2,519 business in County Donegal have received grants totaling €7.4m under the Increased Cost of Business Grant Scheme

 

74,716 businesses have received grants across the country

 

€241.68m has been paid to business

 

Donegal County Council has announced that 2,519businesses in the county have received €7.4m in grant funding under the Government’s Increased Cost of Business Grant scheme.

 

The ICOB grant was designed by the Department of Enterprise, Trade and Employment to help SME’s with the increased costs associated with running a business and was administered by Local Authorities.

 

Minister for Enterprise, Trade and Employment, Peter Burke said:

“I was delighted to get Government approval for this important Scheme to help small and medium enterprises who are the backbone of our economy. I have spoken to dozens of businesses around the country who availed of the €241m paid out so far and we will continue to work with and support them.

“I would also like to acknowledge the work of the local authorities across the country and thank all the staff involved.  They have contributed hugely to the success of the Scheme.”