Brexit support for SMEs
Deputy Breathnach asks what help will be given to businesses below the radar of enterprise agencies and vulnerable to Brexit. The Minister says OECD findings have reinforced the need to reach out to such SMEs and that several initiatives are under way.
I am almost afraid to ask the question as they are very tetchy and grumpy over there this morning.
Comment on this
My question is for the Minister for Business, Enterprise and Innovation.
What measures will the Government take to help clients who are not working with local enterprise offices, LEOs, Enterprise Ireland or IDA Ireland? Such people are in business below the radar and will obviously be badly affected by Brexit. What cushions or measures will the Government introduce for people who do not necessarily engage with those organisations?
Comment on this
I thank the Deputy for raising this matter. We are both from Border constituencies and are conscious of the impact that Brexit will have on our respective regions.
I have the findings of the Organisation for Economic Co-operation and Development, OECD, report on SMEs and it has further informed us that we need to reach out to SMEs that do not currently engage with LEOs, Enterprise Ireland or InterTrade Ireland. We are taking a number of different initiatives to do that. I thank the Deputy for giving me the opportunity to say to people who own such companies, no matter how big or small, that the first port of call is the LEO. The local enterprise office will signpost a suitable direction for such a business owner and send him or her to whatever agency can provide the required support.
I want to concentrate specifically on our indigenous companies, which are huge employers in all of our regions, and find ways that we can support them further by encouraging them to innovate and improve their processes. I am committed to that.