Factsheet for measure
IE-2023-43/3412
– measures in Ireland
Emergency Business Flooding Scheme
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Country
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Ireland
, applies nationwide
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Time period
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Temporary, 24 October 2023 – 01 December 2023
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Context
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Extreme Weather Events
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Type
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Other initiatives or policies
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Category
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Supporting businesses to stay afloat
– Direct subsidies (full or partial) or damage compensation
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Author
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Roisin Farelly (IRN Publishing) and Eurofound
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Measure added
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13 November 2023 (updated 28 March 2024)
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Background information
The Emergency Business Flooding Schemes and Enhanced Emergency Business Flooding Scheme will provide funding for small businesses, sports clubs and voluntary organisations who are unable to secure flood insurance and who have been affected by recent flooding.
The schemes covers the costs of returning premises to their pre-flood condition including the replacement of flooring, fixtures and fittings and damaged stock where relevant.
Content of measure
The first stage of funding will provide an immediate contribution of up to €5,000, depending on the scale of damage incurred.
If the damage is significant, organisations can apply for additional financial support up to a maximum of €20,000 in total. The additional support will involve an assessment by the Irish Red Cross.
An ‘Enhanced Emergency Business Flooding Scheme’ will provide higher levels of financial support with an initial payment of €10,000 and total payments capped at €100,000.
Both schemes apply only to premises that have been flooded.
Neither scheme will provide a contribution for loss of earnings or loss of business good will.
Use of measure
No available information.
Target groups
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Workers
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Businesses
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Citizens
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Does not apply to workers
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SMEs
Other businesses
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Does not apply to citizens
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Actors and funding
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Actors
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Funding
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National government
Other social actors (e.g. NGOs)
Local / regional government
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National funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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No involvement
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No involvement
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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No involvement
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Main level of involvement: N/A
Involvement
No involvement by social partners in the designing of the measure.
Views and reactions
No available information.
Sources
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24 October 2023: Government approves Emergency Business Flooding Schemes for small businesses and other organisations damaged by Storm Babet
(enterprise.gov.ie)
