In this issue
SFA Annual Subscription
E Day – 19th September 2014
Managing Employees Annual Leave
Government Jobs Campaign – Skills to Work
4 Weeks Unpaid Work Placement Opportunities – DCU/Oscail MSc
Ibec Consumer Monitor 2014
AIB announces €200 million fund to support exporting companies
Green Enterprise Funding Proposals Now Open for SMEs
Workplace Dress Code during the Hot Weather
Late Payments Legislation - Interest Rate Change as of the 1st July 2014
Events
SFA Annual Lunch 2014 – Guest of Honour President Michael D. Higgins
 
Read more »
SFA National Small Business Awards 2015
 
Read more »
Meet the Buyer Event – Wednesday 13th August
 
Read more »
Useful links
Become a member »How we support you »Renew membership »Advice »SFA Connect »News » Contact us »Events and Training »
AIB announces €200 million fund to support exporting companies
 

AIB Exports Outlook Report was recently published which shows that exports account for almost 40% of total SME turnover last year, a total of 65% of respondents expect improved export sales, while 30% plan to export to new markets in 2014. Almost 40% of the SMEs say that staff levels will increase, while close to two in three expect an increase in turnover this year.

To support exporting SMEs, AIB announced a number of initiatives:

  • The establishment of a team of 85 Export Finance Specialists located nationwide. These specialists will provide export customers, with a local expert who will provide practical export information, and access to teams of product specialists within Treasury, Trade Finance and Commercial Finance
  • The launch of a €200 million SME Export Finance Fund. This will support the provision of multiple export finance products including working capital and loan finance for Irish exporters
  • Partnership with DHL to support exporters international logistics requirements to overseas markets. This will include a 50% discount on DHL Express standard tariffs for international shipping for 12 months for all AIB exporting customers.

A copy of the report and other reports in the series are available by clicking here