Help for Galway Business as Brexit edges closer

Galway Daily business €10m fund to help regional businesses adapt to COVID & Brexit

Customs and Logistics is the biggest Brexit challenge facing Galway businesses

According to Enterprise Ireland, Customs and Logistics is the single biggest Brexit challenge facing business across Ireland. The findings arose from an Enterprise Ireland survey which took place at its Dublin Brexit Advisory Clinic in June.

Almost half (49%) of the respondents to the audience participation poll ranked Customs and Logistics as their greatest concern. This was followed by Financial and Currency Management at 19% and Market Diversification at 13%.

To help deal with these challenges, Enterprise Ireland has set up a €5k Be Prepared Grant to support Customs and Logistics training for client companies. Four further events are planned as part of Enterprise Ireland’s series of nationwide Brexit Advisory Clinics advising Irish companies on the supports available to help them address their Brexit exposure.

The clinics, which include one-to-one meetings with independent experts, will continue in Dundalk (Monday 22nd October), Waterford (Thursday 8th November) and Limerick (Wednesday 21st November).

For Galway based businesses, a Brexit advisory clinic event will take place at the Clayton hotel in the city of Tribes on Tuesday, 2nd October.

Companies from both the city and county will be briefed on the broad implications of Brexit, specifically around customs, strategic sourcing, financial management, employment law and the movement of people.

Speaking in advance of the upcoming clinics, Brexit Unit Manager at Enterprise Ireland, Jonathan McMillan said, “Enterprise Ireland is actively supporting Irish companies on a daily basis to respond to the challenges and opportunities posed by Brexit, including issues such as Customs and Logistics.

He went on to say – “The uncertainty around outcomes of the Brexit negotiations continues, so it is imperative that companies take the necessary steps to reduce risk and ensure they are more innovative and competitive, and to diversify into new markets, to steer through the challenges ahead.”