Financial Supports

BIM Financial Supports & Mentoring

BIM and other state agencies have designed a range of supports which will be available to aid the seafood industry to prepare for the new trading arrangements as a result of the UK leaving the EU. These are available in a variety of areas.

  1. Brexit Mentoring Programme

    BIM’s Brexit Mentoring Programme supports seafood companies importing/exporting products to or through the UK to “Get Brexit Ready”. The programme focuses on supporting seafood companies to identify and action key steps in relation to customs, tariffs and non-EU trade requirements.

    For further information please click here.

  2. BIM’s Seafood Processing Innovation Scheme

    Grant aid to Seafood Processing Companies for third party consultancy business planning costs relating to Brexit may be eligible under BIM’s Seafood Innovation Scheme. For further information please click here.

External Agency Supports

A full list of funding supports and information sources on Brexit can be found here. Highlighted below are supports that may be useful for seafood businesses.

Grants

  1. Enterprise Ireland’s Ready for Customs Grant. The Ready for Customs grant will assist your business to increase its capacity to manage the customs process after 1st January 2021. Up to €9,000 is available for each new full-time employee engaged in customs work. If you employ a new person to deal with customs on a part-time basis, a grant of up to €4,500 is available. This grant contributes to recruitment costs, employee costs and provision of IT infrastructure. Read more...

  2. Local Enterprise Office Trading Online Voucher Scheme: The expanded Trading Online Voucher Scheme is designed to assist small businesses with up to 10 employees to trade more online, boost sales and reach new markets. Participating in this scheme can make the process of trading online much easier for you. It offers financial assistance of up to €2,500 with co-funding of 10% from the business along with training and advice to help your business trade online. Read more...

  3. InterTrade Ireland Brexit Planning Voucher: InterTrade Ireland offers 100% financial support up to €2250/£2000stg (inclusive of VAT) towards professional advice in relation to Brexit matters. This support can help your business get advice on specific issues such as movement of labour, goods, services, and currency management. Read more...

Loans

  1. SBCI Brexit Loan Scheme: (Fishers and aquaculture ineligible) A scheme to fund working capital requirements or to fund innovation, change or adaptation of the business to mitigate the impact of Brexit. Read more...

  2. SBCI Future Growth Loan Scheme: This scheme is available to eligible businesses in Ireland, including those in the primary agriculture (farmers) and seafood sectors, to support strategic long-term investment. Finance provided under the scheme is competitively priced and offered at favourable terms. Read more...

If you are having difficulties accessing any of these Schemes or need assistance in preparing an application contact us at brexitsupport@bim.ie