Government adds €160m to Covid relief funding

Launch of €60m support fund targeting businesses which are ineligible for existing relief schemes

Tánaiste Leo Varadkar said the new Covid-19 business aid scheme will help an estimated 7,500 businesses whose premises were not closed to the public.

The Government has launched a new €60m support fund targeting businesses which are ineligible for its existing Covid relief schemes.

The Covid-19 business aid scheme, or CBAS, will provide grant aid to businesses in the wholesale, supply, catering, and events sectors, with companies whose turnovers are 75% worse off due to the pandemic benefitting.