Niall Collins (Limerick County, Fianna Fail) | Oireachtas source

It will not come as any surprise to the Minister that a recent survey of up to 600 Enterprise Ireland client companies found that, in the past six months, just 38% had taken measures to respond to Brexit, with the remaining 62% effectively doing nothing. The Minister outlined in her reply that she has set up a €300 million loan scheme. Can she give us more detail in that regard? All we are hearing is what flowed from her press conference in recent days. What type of loan scheme is it or is it a guarantee scheme? We understand that, effectively, the Minister is allocating €23 million of Exchequer funding and the remainder is to come from other sources of funding. Where will it come from and what criteria will apply in terms of a maximum and a minimum? When and where can companies apply? Can they apply as of today? How long will it take this scheme to get up and running?

See this speech in context