Here's Where You Can Get Support For Your Business For Brexit

eu-1473958_1280

Irrespective of the final outcome of Brexit, the decision of the UK to leave the EU will result in changes, and while there is still a lot of uncertainty, it’s important for business owners to be aware of what Brexit may mean for your business and your daily life. Here's where you can get support for your business for Brexit:


Join our Business Achievers community and get access to downloads to help your business, free online training courses and network with members to help grow your business. 


Department of Business, Enterprise and Innovation Brexit Information and Supports

The Department of Business, Enterprise and Innovation website has a Quick Brexit Guide for Business section covering customs, tariffs and duties, currency, imports, certification, working capital, financing. 

The Department has also produced a downloadable Quick Brexit Guide for Business booklet to help businesses navigate the challenges posed by Brexit as well as a Brexit Preparedness Checklist which lists the steps businesses can take now to help prepare for Brexit.

There's also an excellent list of different Brexit supports available.

Local Enterprise Offices

The Local Enterprise Offices Brexit section of their website is definitely worth a visit. 

As hubs of expert advice, information and practical supports, dedicated Local Enterprise Office teams can help you manage your Brexit response through –

  • Scorecards and checklists to help with planning
  • One-to-one mentoring
  • Customs, Specialist training and consultancy
  • Financial supports
  • Access to worldwide support networks
  • Dedicated Brexit events

Download the Local Enterprise Office Brexit supports guide here


Recommended reading: Reach Out For The Help Your Business Needs to Tackle Brexit


Enterprise Ireland

Enterprise Ireland has a wide range of supports, including new Online Customs Training and the Act On Consultancy, to enable Irish businesses to take critical action and address their exposure to Brexit. Prior to applying for Enterprise Ireland support, clients should contact their Development Adviser (DA). 

Brexit: Customs Insights course

The course helps businesses understand the key customs concepts, documentation and processes required to move goods from, to and through the UK. The course will provide learners with a firm understanding of the customs implications for their business and the options from Revenue to make this process more efficient.

Brexit: Act On Initiative

The Brexit: Act On programme has been developed to focus on three main areas of capability (1) Financial and Currency Management (2) Strategic Sourcing and (3) Customs and Logistics. Delivered over the course of two half day sessions with an independent consultant, the initiative helps companies decide on specific actions over a short period to address some of the risks and opportunities from Brexit. This initiative for Enterprise Ireland clients is delivered at no cost to the company.

Enterprise Ireland Brexit Grant - Be Prepared Grant

The Be Prepared Grant is designed for Enterprise Ireland clients who would benefit from further research and external expertise in examining their exposure to Brexit and exploring ways of addressing this. The grant, which offers up to €5,000 or 50% of the total cost in financial support, can be used to help cover consultancy, travel and expenses for both domestic and international employee travel. 

Strategic Consultancy Grant

The grant supports the hiring of a strategic consultant typically over a longer period to assist the company in the development and/or the implementation of strategic initiatives. It is designed to facilitate business growth as the consultants can act as coach, mentor, facilitator, analyst for the company.

Market Discovery Fund

One of the key aims of the Market Discovery Fund is to specifically support companies in their market diversification plans. The grant aims to incentivise companies to research viable and sustainable market entry strategies. Companies can seek support to develop new geographic markets for existing/new products OR develop new products for existing geographic markets. 

Agile Innovation Fund

The Agile Innovation Fund has been developed to support product, service and process innovation to build competitive advantage. It allows companies to access up to 50% in support towards innovation projects with a total cost of up to €300,000.

Operational Excellence Offer

The new Operational Excellence Offer enables Irish companies trading internationally to develop or transform their wider business in order to compete more effectively.
Through a single, integrated application process the offer allows eligible companies to access financial support for business or operational change projects as well as the capability building and capital investment associated with innovation. 

InterTradeIreland

InterTradeIreland has a number of Brexit supports including

  • Brexit Team - providing information on funding, details of upcoming events, a tailor-made on-line learning tool and direct you to wider supports and advice.
  • Funding - Two vouchers are available to provide financial support to help you understand Brexit and implement changes identified in your business.
  • Brexit and Beyond - Offering free, accurate and independent information for practical help for cross-border SMEs on how your business can prepare for Brexit and beyond.
  • Events - Focused events for Brexit topics and outcomes, where you can meet specialist advisors and industry experts.
  • Tariff Checker - View, filter and print the cross-border tariffs and charges related to your business.
  • Brexit Advisory Service - The Brexit Advisory service offers information and support via start to plan vouchers, a tariff checker, glossary of key Brexit terminology, and research.


UlsterBank Brexit Hub

UlsterBank has prepared a Brexit guide for business customers along with information to help prepare for Brexit.

There's also a useful list of FAQs and information about various aspects of Brexit and currency and banking.

IBEC Brexit Toolkit

IBEC has prepared a practical guide for Irish businesses with critical ‘need to know’ information and other important considerations. Identified are ten key areas where Brexit will have the greatest impact, such as currency, supply chain, workforce and technology. It also includes an impact analysis of these issues across nine key sectors within the economy including retail, manufacturing, food & drink, financial services, technology, education, energy, transport and pharma.

There's also other research and information on the Brexit section of the IBEC website.

Small Firms Association Brexit Hub

On the SFA Brexit Hub you can download a toolkit guide for small business. It contains analysis of Ireland’s Brexit exposure and insights into the opportunities and risks for the main sectors of the economy. It provides details of the 10 main impact areas for Irish businesses:

  1. Currency
  2. Supply chain
  3. Contracts
  4. Finance and funding
  5. Workforce
  6. Technology
  7. Regulation
  8. Tax
  9. Market
  10. Operating structures.

Their guide offers a Brexit toolkit for your business, outlining “no regret” courses of action to manage Brexit as well as “do now” and “plan and be ready” steps under each of the 10 impact areas listed above.

Bord Bia's Brexit Barometer

If you work in horticulture, food or drink, you can use Bord Bia’s Brexit Barometer, designed to help businesses assess their readiness for Brexit and also provides information on supply chain, currency, customs and international market diversification opportunities.

Fáilte Ireland’s Brexit Response Programme

If your business is in tourism and hospitality, Fáilte Ireland’s Brexit Response Programme is designed to help Irish tourism businesses spread the risk by diversifying their source markets and to enhance their skill capabilities across a wide range of business functions. Fáilte Ireland offers a suite of supports including an online knowledge hub and a Brexit Readiness Check to assess risks and to respond to an evolving business environment.

 

Related Posts

 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Tuesday, 10 December 2019
If you'd like to register, please fill in the username, password and name fields.

Member Login

Business Insights & Tips

Leaderboard

1
Jill Holtz
2343 Points
2
Tena Glaser
1395 Points
3
Michael Lane
802 Points
4
Ron Immink
732 Points
5
Fionan Murray
721 Points
View Leaderboard