Applications open for expanded Future Growth loan scheme

Marking the €500m expansion of the Future Growth Loan Scheme at Government Buildings, Dublin are CEO of Enterprise Ireland Julie Sinnamon, Pat Sherlock, Chairperson of the SBCI Barbra Cotter, Tánaiste Leo Varadkar TD, Secretary General of DBEI Dr Orlaigh Quinn, and Luzern Technology Solutions CEO Ken Doyle.

The first €300m round last year helped 1,150 SMEs, farmers and fishers make strategic investments to grow their businesses. 

Under the initiative loans of between €25,000 to €3 million are available for terms between seven and 10 years. The scheme is managed BY the Strategic Banking Corporation of Ireland (SBCI).