As part of Budget 2024, the Government signed off on a package of €257m for the Increased Cost of Business (ICOB) Grant as a vital measure for small and medium businesses.

Businesses in the retail and hospitality sectors are in line for a top-up payment of up to €3,000 in the Energy Efficiency Grant. Businesses in these sectors, who employ up to 50 people, are already eligible for a capital grant of up to €5,000 and now they will be eligible to apply for up to €8,000 in capital grant assistance to improve their energy efficiency.