The Events Sector Covid Support Scheme (ESCSS) has been launched as a support measure for those supplying services in the events sector to make a contribution to the overheads of businesses that have been significantly negatively affected by COVID-19 restrictions.
The scheme has funding of €11.5 million.
How to qualify
This scheme will be open to SMEs who provide services to the events industry including services to provide for the production of all forms of live performance, exhibitions and trade shows, including:
supply of sound, lighting and stage equipment
Businesses that are not eligible for, and are not getting, the Covid Restrictions Support Scheme (CRSS) are eligible to apply.
business must intend to resume trading in full once government restrictions are eased
applications will be accepted for companies with VAT-exclusive turnover of €150, 000 and above
support will be offered by way of a single once-off payment to the value of 7.5% of the VAT-exclusive turnover of the business, up to a maximum award of €50,000
the business must be able to demonstrate that their turnover was no more than 25% of their average turnover for 2019 for any consecutive six months during the period 12 March 2020 - 31 March 2021
grants received under Phase One of the Small Business Assistance Support Scheme for Covid (SBASC) and the Music and Entertainment Business Assistance Scheme (MEBAS) will be deducted from any ESCSS award
businesses must have a current eTax Clearance Certificate from the Revenue Commissioners
the business must be located in the State and the address of the business for tax purposes must be located wholly within a geographical region for which COVID-19 restrictions are in operation. Turnover eligible for this scheme can only be generated by activities in the State
Rate of payment
Support will be offered by way of a single once-off payment to the value of 7.5% of the VAT-exclusive turnover of the business, up to a maximum award of €50,000.
Applications will be considered strictly by order of date and time of receipt by the department.
How to apply
This scheme will open for applications at 1pm on 4 August 2021.
Applicants are advised to read the guidelines for this scheme before completing their application.