A briefing session on the Border Stimulus package will take place next Wednesday 15th January.
The Minister for Business, Enterprise and Innovation, Heather Humphreys TD, has announced details of a special €28 million economic stimulus package for the Border region. The package, which applies to counties Donegal, Sligo, Leitrim, Cavan, Monaghan and Louth, is designed to drive economic activity in the region and ensure that businesses have additional support in mitigating the impact of Brexit.
The Border Economic Stimulus Package includes:
€3 million for the six Local Enterprise Offices (LEOs) in the border counties for capability development programmes for micro and small firms with ambition;
An €8.5 million Brexit Transformation Fund to enable firms to transform their businesses and diversify markets;
€1.5 million for Industry Fellowships targeted at businesses located in Border counties, administered by Science Foundation Ireland (SFI); and
A €15 million competitive Border Enterprise Development Fund, administered by Enterprise Ireland (EI).
To help stakeholders investigate the viability of potential projects and prepare final submissions for consideration for the €15m Border Enterprise Development Fund, Competitive Feasibility Funding is also available. This will be a grant of €15,000 or 50% of eligible costs, whichever is lesser, available to eligible applicants.
The Minister also announced that as part of the next phase of the IDA's Regional Property Programme, three new Advanced Technology Buildings will be built in Dundalk, Monaghan and Sligo in 2020. These buildings will be critical as the IDA seek to attract more Foreign Direct Investment to the Border region.
For more information, check out Border Stimulus Package
Come along to the Information session to hear what the packages entails.
Venue: The Bush Hotel, Carrick on Shannon
Date: 15th January
Time: 2pm
Booking: please email joan.mullen@enterprise-ireland.com
