232. Deputy Aindrias Moynihan asked the Minister for Enterprise, Tourism and Employment when the growth and sustainability loan scheme (GSLS) will reopen for applications; and if he will make a statement on the matter. [66903/26]

In response to the Deputy's question, I can confirm that, subject to the completion of the necessary operational and legal arrangements, it is expected that participating lenders will commence offering the expanded Growth and Sustainability Loan Scheme (GSLS) in the coming weeks.

The original GSLS, which launched in September 2023, provided SMEs, farmers, fishers and foresters with access to competitively priced, long-term finance to support investment, growth and sustainability objectives. Demand for the Scheme was exceptionally strong, with participating lenders fully utilising their allocations before the Scheme’s original expiry date of 30 June 2026, demonstrating the clear need for continued access to long-term investment finance.

The expanded GSLS will continue to support eligible businesses by providing affordable finance for strategic investment, business growth, productivity improvements and sustainability-related projects.

My Department is working closely with the Strategic Banking Corporation of Ireland (SBCI), the Department of Agriculture, Food and the Marine, the Department of Finance and the European Investment Bank Group to finalise the remaining arrangements and bring the expanded Scheme to market as quickly as possible.

Further details on the expanded Scheme, including information on participating lenders and the application process, will be made available at launch through the relevant Departments, the SBCI and participating lenders.