Irish firms hit by Brexit will be able to apply for relief from a $370m ( $370m ) government loan scheme. In the last budget, €14m was set aside for the Department of Enterprise as part of the scheme. Another €9m was granted to the European Investment Fund , ensuring that at least 40% of the money will be available for food firms. This €300m can be leveraged to offer a total of €300m after the signing of a counter guarantee through the Department of Agriculture . The scheme will be open to applications from eligible firms with up to 449 staff from the next 18 months .
Irish firms hit by Brexit will be able to apply for relief from a €300m ($370m) government loan scheme. In the last budget, €14m was set aside for the Department of Enterprise as part of the scheme. Another €9m was granted to the Department of Agriculture, ensuring that at least 40% of the money will be available for food firms. This $23m can be leveraged to offer a total of €300m after the signing of a counter guarantee through the European Investment Fund. The scheme will be open to applications from eligible firms with up to 449 staff from March.