Saturday 18 November 2017

Intertrade event aims to help businesses plan for Brexit

95pc of businesses across the island of Ireland don't have a plan for Brexit
95pc of businesses across the island of Ireland don't have a plan for Brexit
Ellie Donnelly

Ellie Donnelly

InterTradeIreland, in partnership will the local enterprise offices, will host a free event in December, aimed at supporting businesses in planning for Brexit.

Hosted by Today FM’s Matt Cooper, the ‘All facts. No noise. Practical help to navigate Brexit’ event will take place in Croke Park on 5 December.

Among those speaking at the event will be Dr. Vincent Power, partner at A&L Goodbody in Dublin, and Johnny Hanna, partner and head of tax at KPMG.

"Brexit will change the basis on which cross-border trade takes place and we are committed to offering firms practical support to start preparing for the different scenarios that might emerge," Aidan Gough, director of policy and strategy at InterTradeIreland, said.

Earlier this month a survey from InterTradeIreland found that 95pc of businesses across the island of Ireland don't have a plan for Brexit.

Small and medium enterprises are thought to be the least prepared, and are putting off taking action because of the difficulty of predicting the shape of a final settlement.

InterTradeIreland is a cross-border trade and business development body funded by the Department of Business, Enterprise and Innovation in Ireland and the Department for the Economy in Northern Ireland.

In May this year it launched its Brexit advisory service, which offers support and advice to small and medium enterprises, helping them to understand Brexit.

As part of the Brexit advisory service InterTradeIreland also provides a €2,000 ‘Start To Plan’ voucher, which funds the cost of working with approved experts to help firms understand the implications of Brexit for their business.

Along with the Croke Part event next month, InterTradeIreland and the local enterprise offices are also planning similar events for Munster and the North-West region early next year.

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