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.
Scheme
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Uptake (as of 17 December 2018)
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Allocation/Expenditure by year
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Brexit Loan Scheme
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326 applications received, 287 approved by SBCI.Loans progressed to sanction at bank level to a value of €13.44 million
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€23 million exchequer funding has been used to leverage a fund of up to €300million: €14million from DBEI and €9million from the Department of Agriculture, Food and the Marine. This Exchequer funding was allocated to the SBCI at the end of 2017.
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Enterprise Ireland (EI) Brexit Scorecard - online platform for Irish companies to self-assess their exposure to Brexit
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3,592 Brexit Scorecards have been completed, which includes 624 LEOsclients
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2017 Expenditure: €25,5682018 Expenditure: €11,261
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EI Be Prepared Grant
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149 Be Prepared Grants have been approved
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2017 Expenditure: €10,0002018 Expenditure: €178,921
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EI Market Discovery Fund - A support to EI clients to research new markets
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191 projects have been approved under this initiative
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Market Discovery fund was launched in 20182018 Expenditure: €209,756
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EI Agile Innovation Fund - Gives rapid fast-track access to innovation funding
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37 Agile Innovation projects have been approved
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Agile Innovation Fund was launched in 2018 2018 Expenditure: €355,245
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EI Brexit Advisory Clinics
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11 events been run with approx. 915 in attendance
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2017 Expenditure: €55,7972018 Expenditure: €160,853
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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
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130 ‘Act on’ Plans have been completed
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2018 Expenditure: €259,000
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EI Strategic Consultancy Grant – A grant to assist EI clients to hire a strategic consultant for a set period
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1,047 Strategic Consultancy Grants have been approved
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2016 Expenditure: €278,1372017 Expenditure: €482,6172018 Expenditure: €456,198
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Local Enterprise Office (LEO) Mentoring
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402 mentoring participants solely focused on Brexit
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Not available
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LEO Technical Assistance Grant for Micro Export - an incentive for LEO clients to explore and develop new market opportunities
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376 clients have been approved assistance so far in 2018 under the Technical Assistance Grant
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2017 Allocation: €785,0002017 Expenditure: €188,8292018 Allocation: €800,0002018 Expenditure: €365,774 up to 30/09/18
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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
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211 LEO clients have participated in the programme
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2017 Allocation: €882,5002017 Expenditure: €529,9222018 Allocation: €852,6202018 Expenditure: €518,411 up to 30/09/18
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LEO Brexit Seminars/Events
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3,996 participants at the Brexit Information events
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2017 Allocation: €153,5002017 Expenditure: €85,5092018 Allocation: €177,8002018 Expenditure: €57,855 up to 30/09/18
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InterTradeIreland Brexit Advisory Service
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4,175 SMEs have directly engaged with the Brexit Advisory Service
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2017 Expenditure: €342,0002018 Expenditure €918,586 up to 17/12/2018
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InterTradeIreland (ITI) Brexit Start to Plan Vouchers
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There have been 645 applications, with 549 approved and 25 pending.
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2017 Expenditure: €7,4092018 Expenditure: €415,183
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Pilot Online Retail Scheme administered by Enterprise Ireland
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Total fund of € 1.25 million. The first call opened on 24 October. This call closed on 5December at 3pm.
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Not available
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