Justice Minister Wicklow TD Simon Harris announced the move, saying it was established at a time of unprecedented economic difficulty to stimulate investment.
He says it's important to keep all programmes under review and whether its appropriateness and suitability for cultural, social and economic use.
No new applications will be accepted from close of business on Wednesday.
Existing applications will be processed in the normal way.
UPDATE: Missing 53-year-old
Sean Gaughan has been located safe and well.
Teen M9 Fatalities Were Known To Gardai in West Wicklow
The 15 to 18 years old had been involved in several road incidents locally in recent weeks.
Talented Wicklow Pair Shortlisted for National AIB Portrait Prize
Bray photographer Alannah Henry and Donard-based teenage artist Isla Case were named among a combined 46 shortlisted entries, selected from hundreds of submissions from across the country
Wicklow Rose Ready To Bloom On TV Screens Tonight
Carolann McDonald will appear in tonight's second Rose of Tralee live show.
'Nothing Is Off The Table' - Wicklow TD Outlines Concerns Over Planned Fuel Excise Increases
8:00pm - 10:00pm
Love Songs on the Coast
Heavy rain shower
High: 17°C | Low: 9°C
Light rain shower
High: 17°C | Low: 9°C
Light rain shower
High: 17°C | Low: 7°C
Heavy rain shower
High: 16°C | Low: 7°C
Light rain shower
High: 17°C | Low: 7°C
