Flood-hit businesses now able to claim up to 100k in emergency support, Minister says
Briefly

Flood-hit businesses now able to claim up to 100k in emergency support, Minister says
""Businesses have taken an enormous hit, and we are determined to stand with them every step of the way," Mr Burke said. "We know the devastation recent weather has caused for employers, workers and whole communities. This scheme is designed to deliver real financial relief fast, so owners can focus on reopening their doors, protecting jobs and restoring local life," Mr Burke said."
""A previous cap of €20,000 has been lifted five-fold, while the definition of a "small business" has also been widened to include firms with up to 50 employees, up from 20, allowing more employers to qualify for aid. The Emergency Humanitarian Flooding Scheme will continue to be administered by the Irish Red Cross on behalf of the department, with the charity responsible for processing claims and distributing payments.""
The Emergency Humanitarian Flooding Scheme raises the previous €20,000 maximum to €100,000 per business where severe damage is confirmed. The definition of small business now covers firms with up to 50 employees, up from 20, widening eligibility for aid. Initial rapid payments of up to €5,000 are issued typically within one to two days to cover urgent clean-up and repairs. Further assistance is available after assessment for higher costs. The Irish Red Cross will continue to administer the scheme, process claims and distribute payments, and independent assessors will determine damage scale and funding levels. The support is framed as humanitarian assistance to help businesses reopen, protect jobs and restore local communities.
Read at Irish Independent
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