We provide, principally through our agencies, a range of tailored supports for enterprise of all sizes in Ireland.
Supports include access to finance, management development, mentoring supports, business development programmes, market supports and trade promotion. A range of supports has also been developed to assist business based in Ireland to deal with challenges raised by Brexit.
Government supports for COVID-19 impacted businesses
SMEs Online Tool
There are over 170 different Government supports for Irish start-ups and small businesses. The online tool supportingSMEs.gov.ie helps Irish start-ups and SMEs to navigate the range of Government supports and identify which support may be most relevant to their business.
Government Supports for Indigenous Business
Overview of Government Supports for Indigenous Business sets out the Government supports available to develop and build capacity in indigenous enterprises across Ireland, delivered through a network of bodies with a wide reach into urban and rural localities.
Mapping of Supports
Mapping of the Support Environment for Entrepreneurs is a directory compiling over 850 public and private sector supports for small businesses and start ups including co-working spaces, accelerators, and mentoring and networking opportunities.
Local Enterprise Office
The network of 31 Local Enterprise Offices are the first stop shop to help start or develop a business.
The LEOs offer Brexit-related supports including Technical Assistance for Micro Exporters Grant, Trading Online Vouchers, to enable micro-enterprises to expand into new markets, The Brexit Mentor Programme and the Lean for Micro Programme, which helps micro-enterprises respond to Brexit by becoming more efficient.
InterTradeIreland supports businesses to take advantage of North/South co-operative opportunities. ITI’s Planning and Implementation Vouchers and Brexit Advisory Service support business to deal with the challenges to cross border trade in the context of Brexit.
Access to Finance
The state supports businesses to access finance through a number of measures. Microfinance Ireland provides loans to businesses employing less than 10 people. The SME Credit Guarantee Scheme assists viable SMEs, which under normal lending criteria are unable to borrow from their bank, in accessing credit.
The scheme has been designed to address three barriers to lending:
- Inadequate collateral
- Novel business market, sector or technology which is perceived by finance providers as higher risk under current credit risk evaluation practices
- Need for refinancing caused by the exit of an SMEs lender from the Irish market.
The Brexit Loan Scheme makes a fund of up to €300 million available to eligible Irish businesses.
The BusinessRegulation.ie portal help business owners to identify the main regulations which affect a business and to provide links to the relevant agencies and to highlight available guidance and tools.
Getting Business Brexit Ready
The Department of Business, Enterprise and Innovation is working with our colleagues across Government to build stronger businesses and get them Brexit Ready.
Brexit supports available to businesses