Oireachtas Joint and Select Committees

Wednesday, 27 March 2019

Select Committee on Jobs, Enterprise and Innovation

Estimates for Public Services 2019
Vote 32 - Business, Enterprise and Innovation (Revised)

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

Some 540 applications have been received under the Brexit loan scheme, of which 485 have been approved by the Strategic Banking Corporation of Ireland. Some 93 loan applications progressed to sanction at bank level, to a value of €20.64 million.

Enterprise Ireland has the Brexit scorecard. Some 4,943 cards have been completed. A total of 956 local enterprise office, LEO, clients have completed the scorecard. Enterprise Ireland has approved 174 Be Prepared grants, while 133 projects have been approved under the Enterprise Ireland market discovery fund. A total of 2,805 of Enterprise Ireland's Prepare to Export scorecards have been completed. Its customs insights online course has had 1,112 participants. A total of 47 agile innovation projects have been approved from Enterprise Ireland's agile innovation fund which gives rapid, fast-track access to innovation funding. Enterprise Ireland has run 16 Brexit advisory clinics, with more than 1,200 in attendance. Its Brexit: Act On initiative is a support which funds the engagement of a consultant to devise reports with recommendations to help clients. A total of 210 Act On plans have been completed. Enterprise Ireland's strategic consultancy grant is available to assist its clients to hire a strategic consultant for a set period. A total of 1,060 consultancy grants have been approved.

A total of 476 clients have been approved for assistance under the local enterprise offices technical assistance for micro exporters grant and incentive to explore and develop new market opportunities. The LEO Lean for Micro offer was developed in collaboration between Enterprise Ireland's lean department and the local enterprise offices. A total of 227 LEO clients have participated in the programme. The local enterprise offices mentoring programme has had 551 participants solely focused on Brexit. The local enterprise offices' Brexit seminar events had 4,100 participants at the information events, as of the end of February. Some 1,620 small and medium enterprises have engaged directly with InterTrade Ireland's Brexit advisory service in 2019. That is in addition to the 4,175 engagements in 2018.

There have been 1,352 applications for InterTradeIreland Brexit start to plan vouchers, with 1,170 approved and 34 pending. In the pilot online retail scheme administered by Enterprise Ireland 11 retailers were awarded funding in February 2019 and there will be a second call this year. We can provide the Deputy with a list of these supports later if she wishes. There is lot happening in terms of engagement by companies and €74 million has been paid in funding to Enterprise Ireland support companies to help them prepare for Brexit.

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