Monday February 17, 2020

Business 2000: SMEs must get help they need

AIB has been working hard to ensure that it provides the necessary access to the vital funding firms need to survive in the recession, writes Siobhán Brett.

26th February, 2012
The AIB branch in Grafton Street, Dublin: AIB has launched a €100 million job creation loan fund for SMEs. Photo: Tony O'Shea

It is widely accepted that small and medium enterprise has the potential to play a key part in Ireland's economic recovery. In order to realise that potential, however, SMEs need to be appropriately supported.

Ensuring that emerging businesses can access capital, operational advice, export assistance and newer, more sector-specific structures which 'understand' the requirements of different growth industries, is key to their development.

According to John Kelly, senior manager of business banking with AIB, new...

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