atest press release from Steven Matthews TD, issued on Wednesday, March 10th 2021…
Following a funding announcement this week from his Green Party colleague, Minister Catherine Martin, Deputy Matthews highlighted the €14 million ringfenced for grants for businesses who operate in the live entertainment that have been unable to qualify for other Government supports.
Self-employed businesses whether sole traders, partnerships and incorporated entities operating exclusively within the commercial live entertainment sector are eligible to apply. The scheme is expected to open next month.
The main features of this new Music Entertainment Business Assistance Scheme (MEBAS) will see support offered by way of two levels of flat payments:
€2,500 for businesses with a VAT-exclusive turnover of €20,000 – €100,000; €5,000 for businesses with a VAT-exclusive turnover in excess of €100,000
Discussing the announcement, Deputy Matthews said, “I’ve been working with groups representing musicians, sound engineers and stage companies since the start of the pandemic and unfortunately, while they have qualified for individual supports such as the PUP payment, it has been the case that many have fallen through the cracks in terms of other business supports. In fairness to the various Departments involved, there was no intent in leaving these groups out but for various reasons, many companies involved in live entertainment did not meet the criteria of previous Government supports.
“The impact that this pandemic has had on live entertainment and those who rely on events and shows for a living has been unprecedented. I know from speaking to people who work in the sector both from Wicklow and further afield that many in the industry will struggle even when the economy reopens so any assistance must be welcomed. This grant funding can be used to alleviate some of the fixed costs that have built up over the past year and I know it has broadly been welcomed by the industry.
“It’s really important that the Department engages further with the industry in terms of the rollout of this grant funding and I will be offering assistance in that regard to any of the individual people and companies who have contacted me in recent months,” concluded Deputy Matthews.
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