Monday June 1, 2020

State fund could help exporters after Brexit

Scheme would be modelled on the Enterprise Stabilisation Fund

23rd April, 2017

The government is eyeing a scheme for hard-pressed exporters set to be hit by Brexit, The Sunday Business Post has learned.

Such a scheme would be modelled on the Enterprise Stabilisation Fund, a €100 million fund introduced in 2009 by then finance minister Brian Lenihan, designed to support struggling Irish companies hit by the recession and credit crunch.

Under that scheme, companies could apply for up to €500,000 in support payments.

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