Initiative to help 1,800 businesses trade overseas

More companies will have the opportunity to trade abroad following the launchof a Government initiative on exports.

Richard Bruton, the minister for jobs, announced the scheme which is expected to benefit 1,800 companies this year and boost exports by €3bn by 2015.

“If we are to see the jobs recovery we so badly need, we must create a powerful engine of indigenous enterprise,” said Mr Bruton.

“While exports continue to grow strongly, we must ensure that we achieve asubstantial improvement in the export performance of Irish businesses.”

The initiative sees a new exports division formed within government agency Enterprise Ireland.

It will provide practical support to local companies looking to branch intoforeign markets, and aims to increase the number of firms who receive a special exporter grant by 60% this year.

Mr Bruton said: “I am determined that with the continued implementation of the action plan for jobs in 2012 and beyond, a new generation of exporters can drive our recovery and support the employment growth we are working so hard to achieve.”

Mr Bruton, Taoiseach Enda Kenny and Tánaiste Eamon Gilmore announced a separate scheme under the Government’s action plan for jobs yesterday, aimed atattracting more foreign investment into Ireland.

The Government has promised to create 100,000 jobs by 2016.


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