SBCI plans new funding options to help SMEs

The state-backed Strategic Banking Corporation of Ireland has tendered for research to gain a better understanding of small business needs in the light of Brexit and Covid-19

A number of Covid-19 support schemes have been channelled through SBCI for businesses hit by the pandemic

The Strategic Banking Corporation of Ireland has started developing new funding options for businesses affected by Brexit and Covid-19 as well as those developing their digital presence or seeking to improve their energy efficiency.

The state-backed agency was founded in 2014 to provide lower cost funding to SMEs. It published its new five-year strategy last year in which it committed to developing new products and is now seeking a partner to survey SMEs and their ...