Government publishes Action Plan for Jobs 2015

The government's latest Actions Plan for Jobs includes a number of actions relating to business finance, including:

  • Implementation of the Strategic Banking Corporation of Ireland (SBCI) Business Plan for SME lending over the course of 2015, including first lending to SMEs and roll-out of products in Q1 2015; bringing new non-bank lenders to the market in Q2/Q3 2015; and bringing a pipeline of other banks and non-bank lenders on board by Q4 2015 and beyond.
  • The Department of Finance and the Department of Jobs, Enterprise and Innovation will roll out an integrated export finance strategy in 2015 with financing products and platforms being developed by the SBCI and the Ireland Strategic Investment Fund (ISIF) in conjunction with Enterprise Ireland.
  • Following the passing of the appropriate primary legislation, implement and promote the new Credit Guarantee Scheme.
  • Implement the recommendations of the review of the Microenterprise Loan Fund Scheme.

Visit the Department of Jobs, Enterprise & Innovations's website here for more details.