Dáil debates

Tuesday, 4 December 2018

Ceisteanna Eile - Other Questions

Enterprise Support Schemes

6:05 pm

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

We are doing much work in supporting firms to prepare for Brexit. We have the €300 million working capital facility for companies, which allows them to borrow over three years at competitive rates. This was announced by me and the Minister for Agriculture, Food and the Marine.

I am bringing through legislation for a €300 million long-term loan scheme which will facilitate loans for between eight to ten years. That will be ready by January 2019.

I have increased funding to IDA Ireland, capitalising on companies which want to come to Ireland as a result of Brexit. Ireland remains an attractive place in which to do business. We have a highly educated workforce and access to a population of 500 million people across the EU.

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