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Figures for some business grants revealed locally

Nov 24, 2025 12:41
By News Northern Sound
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Figures for some business grants revealed locally

The ICOB and Power Up grant schemes paid out over €400 million to SMEs across the country in 2024

Figures for the 2025 Power-Up and ICOB grants in Cavan and Monaghan have been revealed.

The numbers were released by the Minister for enterprise in response to a parliamentary by John Connolly.

The figures revealed show that Cavan County Council approved 42 applications, awarding just over €219,600.

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Monaghan saw a higher success rates, with 78 approvals from 80 applications.

Businesses there received a total of €377,012 in grant support.

Minister for Enterprise Peter Burke said all payments under the 2025 appeals process have now been issued.

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The ICOB and Power Up grant schemes paid out over €400 million to SMEs across the country in 2024.

IN his response the Minister said the appeals process helped firms who were misclassified in their original applications.

He added that the funding reflects strong demand for support among local small businesses.

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