My Department provides joint funding, alongside the Northern Ireland Department for the Economy, for InterTradeIreland (ITI), the North-South implementation body responsible for the promotion of trade and business on an all-island and cross-border basis.
My Department's budget allocation for ITI in 2023 was €11.586 million, of which €8.9 million is dedicated to capital funding to allow ITI to operate its supports.
ITI uses this funding from both Departments to operate a wide range of supports to help promote trade and business on an all-island and cross-border basis. ITI is responsible for managing its individual programmes and utilising its overall budget allocation towards its supports.
Below is a list of the ITI supports for 2023 that are currently active or in development and their budget for each support for the year.
Support Scheme
|
Status
|
Funding (€'000)
|
Acumen
|
Current
|
1,839
|
Tendering - Go2Tender
|
Current
|
198
|
Elevate
|
Current
|
281
|
Trade Information Services
|
In development
|
426
|
Digital Sales Support
|
In development
|
338
|
Supply Chain Resilience
|
In development
|
155
|
Business Solutions Voucher
|
Current
|
291
|
Innovation Boost
|
Current
|
2,728
|
All Island Innovation Programme
|
Current
|
93
|
FFG Advisory Service
|
Current
|
62
|
FFG Business Angel Network
|
Current
|
351
|
FFG Education and Awareness
|
Current
|
140
|
FFG Investor Readiness Event
|
Current
|
154
|
FFG Seedcorn Competition
|
Current
|
266
|
Funding Advisory Programme for SMEs
|
Current
|
83
|
Impact
|
Current
|
127
|
Financial Assistance Scheme
|
Current
|
127
|
Synergy
|
Current
|
391
|