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Brexit Supports

Dáil Éireann Debate, Tuesday - 4 December 2018

Tuesday, 4 December 2018

Questions (277)

Aindrias Moynihan

Question:

277. Deputy Aindrias Moynihan asked the Minister for Business, Enterprise and Innovation the uptake in the various schemes her Department offers to allow businesses to prepare for Brexit; and if she will make a statement on the matter. [50515/18]

View answer

Written answers

My Department and its agencies are providing extensive supports to ensure that businesses are prepared for Brexit. These supports aim to assist businesses in identifying key risk areas and the practical preparatory actions to be taken over the coming months.

The information is set out in the following table.

Scheme

Uptake (as of 19 November 2018)

Brexit Loan Scheme

307 applications received, 270 approved by SBCI, 54 Loans progressed to sanction at bank level to a value of €12.51 million (23 November 2018)

Enterprise Ireland (EI) Brexit Scorecard - online platform for Irish companies to self-assess their exposure to Brexit

3,332 Brexit Scorecards have been completed, which includes 502 LEOs clients

EI Be Prepared Grant

148 Be Prepared Grants have been approved

EI Market Discovery Fund - A support to EI clients to research new markets

166 projects have been approved under this initiative

EI Agile Innovation Fund - Gives rapid fast-track access to innovation funding

33 Agile Innovation projects have been approved

EI Brexit Advisory Clinics

11 events been run with approx. 915 in attendance

EI Brexit ‘Act On Programme’ – A support funding the engagement of a consultant to devise report with recommendations to help clients address weaknesses and improve resilience

130 ‘Act on’ Plans have been completed

EI Strategic Consultancy Grant – A grant to assist EI clients to hire a strategic consultant for a set period

1,045 Strategic Consultancy Grants have been approved

Local Enterprise Office (LEO) Mentoring

263 mentoring participants solely focused on Brexit

LEO Technical Assistance Grant for Micro Export - an incentive for LEO clients to explore and develop new market opportunities

293 clients were approved assistance under the Technical Assistance Grant

LEO LEAN4Micro – The Lean4Micro offer was developed in collaboration between the EI Lean department and the LEOs to tailor the EI Lean offer for LEO micro enterprise clients

192 LEO clients have participated in the programme

LEO Brexit Seminars/Events

3,925 Participants at the Brexit Information events

InterTradeIreland Brexit Advisory Service

2,350 SMEs have directly engaged with the Brexit Advisory Service

InterTradeIreland (ITI) Brexit Start to Plan Vouchers

There have been 619 applications, with 514 approved and 105 pending.

Pilot Online Retail Scheme administered by Enterprise Ireland

Total fund of €1.25m. The first call opened on 24 October. This call will close on 5 December at 3pm.

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