Department of Business, Enterprise and Innovation – Brexit Notice: €28m Economic Stimulus Package for the Border Region
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)