Brexit represents a significant challenge for businesses in Ireland, which can’t be underestimated. That’s why Government, working with industry bodies and business groups, started preparing supports for business from the time Brexit first became a possibility. Government’s priority is to ensure that businesses right around the country can manage risks and maximise growth opportunities. This has informed the range of advisory and financial supports that are in place.
An overview of the range of supports available and where you can find further details is below.
There is an ongoing calendar of Government events across the country. For details of upcoming events in your sector or locality, please visit here . You can also sign up to the weekly Government Brexit update , which outlines the latest developments on Brexit preparations, outreach and supports.
As a first key step, there are a number of tools that businesses can use to self-assess their Brexit readiness and identify what areas of their businesses might be most impacted or need the most attention.
For companies in any sector: Use Enterprise Ireland's Brexit Scorecard to get an overall sense of your preparedness
For those in food, drink or horticulture: Use the Bord Bia Brexit Barometer
For those in tourism: Use Fáilte Ireland’s Brexit Readiness Check
There is a broad range of programmes and advisory supports in place depending on your specific business needs.
For all businesses: InterTradeIreland’s Brexit Advisory Service provides a range of practical advice, support and information for businesses on Brexit related issues.
For small and micro businesses: The Local Enterprise Office network is running a nationwide Brexit Mentor Programme to support business owners and managers.
For those who export: Enterprise Ireland is running Brexit Advisory Clinics across the country as well as a series of Brexit Webinars with information and key tips that will help your business mitigate some of the risks of Brexit.
If you work in food, drink, fisheries or horticulture: Bord Bia’s Brexit Barometer provides information on supply chain, currency, customs and international market diversification opportunities for the sector.
The new National Food Innovation Hub at the Teagasc Moorepark Campus provides infrastructure, expertise and opportunities to SMEs to innovate and engage in research activities in an affordable way.
In addition to the current supports open to the Irish seafood sector, Bord Iascaigh Mhara has a range of supports for seafood businesses to prepare for Brexit. Companies can avail of specific mentoring and consultancy of up to two days to help develop their Brexit strategy to mitigate associated risks. To apply for the Brexit Support Programme, please email email@example.com .
If you work in tourism: Fáilte Ireland’s Brexit Response Programme is designed to help you diversify your source markets, to address issues around Great Britain market retention and to enhance your skills and capabilities across a wide range of business functions.
Any company considering a market diversification strategy should be aware that companies in Ireland have access to the benefits of the full range of EU Free Trade Agreements, including those recently concluded with Japan, Singapore and Canada. The EUs Free Trade Agreements with third countries help to open new markets, break down barriers and provide new opportunities for Irish based firms. In particular, agri-food businesses who often face the toughest barriers in exporting to third Countries. Brexit has reinforced the importance of accelerating the delivery of EU trade deals with leading economies and regional blocs. Further information is available here .
As part of its dedicated Getting Brexit Ready programme, the Department of Business, Enterprise and Innovation has published guidance on Currency Risk Management for Irish SMEs . Further guidance and tools for managing currency exposure are available here .
In response to Brexit, a number of financial supports have been introduced to help address the challenges that it presents for Irish business. These include:
A range of supports to upskill staff within your business have been developed across key areas to address the challenges of Brexit including customs clearance, supply chain management, and marketing. These include:
Businesses can also avail of existing training supports through:
Further information on these training and upskilling supports is available from Getting Business Brexit Ready: Upskilling .
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