Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure IE-2023-43/3412 – measures in Ireland
Country | Ireland , applies nationwide |
Time period | Open ended, started on 24 October 2023 |
Context | Extreme Weather Events |
Type | Other initiatives or policies |
Category |
Supporting businesses to stay afloat
– Direct subsidies (full or partial) or damage compensation |
Author | Roisin Farelly (IRN Publishing) and Eurofound |
Measure added | 13 November 2023 (updated 30 January 2025) |
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.
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.
No available information.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers |
SMEs
Other businesses |
Does not apply to citizens |
Actors | Funding |
---|---|
National government
Other social actors (e.g. NGOs) Local / regional government |
National funds
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | No involvement | No involvement |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
No involvement by social partners in the designing of the measure.
No available information.
Citation
Eurofound (2023), Emergency Business Flooding Scheme, measure IE-2023-43/3412 (measures in Ireland), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/IE-2023-43_3412.html
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