AQW 11103/17-22 Written question to the Minister for the Economy
To ask the Minister for the Economy what additional COVID-19 business support schemes will be put in place to support businesses through the period of closures from 27 November.
Asked by Stewart Dickson MLA on 27 November 2020
- Answered
- Written
- After due date
- Tabled
- 27 November 2020
- Answer due by
- 14 December 2020
- Answered
- 4 February 202169 days after tabling
- Department
- Department for the Economy
- Priority question
- No
Answer
In light of the Executive announcement of the necessary further restrictions from 27 November 2020, the Department immediately extended the Covid Restrictions Business Support Scheme Part A and Part B.
On 30 November 2020, I announced that the Newly Self-Employed Support Scheme would open to applications from 3 December 2020.
Since then, both of these schemes have been extended for further periods and I have introduced the following packages of support in light of the ongoing financial and economic impacts of the pandemic:
- Wet Pubs Business Support Scheme;
- Limited Company Director’s Support Scheme;
- Large Tourism and Hospitality Business Support Scheme; and
- Bed and Breakfast, Guest House and Guest Accommodation Scheme.
To date, the Department has provided over £370 million of lifeline support to over 30,000 businesses and individuals, and is currently delivering millions of pounds to thousands more.