Small Business Assistance Scheme for COVID (SBASC)
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, which is set out in Frequently Asked Questions below.
The closing date for applications for the initial grant under SBASC is 21 April 2021.
Applications must be submitted via My Online Services where you will be required to register for an account or login if you have previously registered.
You can watch a short video on how to register for My Online Services here: http://www.roscommoncoco.ie/!62BO41
Alternatively, the form can be directly accessed here