To ask the Minister for the Economy whether she will undertake a review of the COVID-19 support schemes administered by her Department to assess (i) where gaps in support exist; (ii) how to provide support to groups excluded; and (iii) how any potential underspend could be mitigated, before the end of this financial year.

To date, my Department has provided over £370 million of lifeline support to over 30,000 businesses and is currently delivering millions of pounds to thousands more. These businesses cover all sectors and occupations throughout Northern Ireland.

In addition to the £25k and £10k Business Support Schemes for Large, Small and Micro businesses in 2020, my Department, in response to issues and concerns raised by various stakeholders and representative groups, has launched the following schemes:

Covid Restrictions Business Support Scheme, Part A and B;

Newly Self-Employed Support Scheme;

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.

Given the ongoing restrictions that have been a necessary response to the global pandemic, my officials and our partner organisations will continue to devote all of their time and commitment to the continued implementation of these schemes, and the subsequent delivery of much needed financial support to the respective applicants.