The UK decision to exit the EU will have direct and profound impact on many key policy and operational areas across DBEI and its Agencies.
DBEI preparedness for Brexit is prioritised at political and official level and is composed of 4 pillars;
- Helping Firms to Compete: We are working across Government to create the best environment for business to grow, export and create jobs. Key elements include ensuring that: firms have access to finance; our tax regime and infrastructure spend promote national competitiveness and the agencies are appropriately resourced to help business focus on competitiveness at firm level.
- Enabling Firms to Innovate: As part of our strategy to become a Global Innovation Leader, we are targeting R&D funding through our agencies to support innovation in new products and processes which firms need to compete and grow and to invest in the pipeline of the next generation innovators through a new postgraduate researcher programme.
- Supporting Firms to Trade: We are supporting firms to start exporting, to grow their exports in existing markets and to diversify into new markets and regions. This support will be enhanced through the recruitment of an additional 50 Brexit related staff across the Department and its Agencies. We will continue to attract overseas investment while working with EU partners to expand the portfolio of Free Trade Agreements.
- Negotiating for the Best Possible Outcome: We are working across government to ensure we get the best outcome possible for business from Brexit negotiations. DBEI is leading a range Brexit research projects which will provide an extensive evidence base and valuable analysis to inform and guide Ireland’s position within the EU-27. Published research can be accessed here: Brexit research.
This is set out in more detail in Building Stronger Business: Responding to Brexit by competing, innovating and trading which was published on 9 November 2017 and sets out work underway, and planned, by the Department and its Agencies in response to Brexit. A summary of available Brexit supports was published in March 2018: Getting Brexit ready brochure.
The Brexit Unit is responsible for supporting the Ministers and Management Board in ensuring a coordinated and coherent approach to Brexit across the Department and its Agencies. This includes engaging with stakeholders and we are happy to receive submissions regarding impacts and implications of Brexit that you consider relevant to our remit - you can email email@example.com.