The Department of Enterprise, Trade and Employment 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. 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.
DETE’s budget allocation for ITI in 2021 was €11.036m, of which €8.37m is dedicated to capital funding to allow ITI to operate its supports.
DETE’s budget allocation for ITI in 2022 was €11.586m, of which €8.9m is dedicated to capital funding to allow ITI to operate its supports.
DETE’s budget allocation for ITI in 2023 is €11.586m, of which €8.9m is dedicated to capital funding to allow ITI to operate its supports.
The below table sets out ITI's expenditure on its Brexit and Covid-19 supports. The body's Covid-19 support schemes, E-Merge and Emergency Business Solutions, concluded in 2021. ITI is not yet in a position to report on 2023 expenditure as the accounts for the year-ended 31 December 2022 are still in progress.
InterTradeIreland Support
|
2021
|
2022
|
Brexit supports
|
€1,573,118
|
€711,577
|
Emerge
|
€1,491,144
|
|
Emergency Business Solutions
|
€1,411,670
|
|