Because of the banking crisis, access to funds for working capital, expansion or new projects from the banks is difficult. Bank lending to the private sector in Ireland has been contracting over the past year and this is reflected in the experience of comanies in County Louth.
The objective of the Indigenous Action Plan is to ensure that Louth enterprises get fair access to additional credit lines for the SME sector and to develop a range of funding sources to meet the needs of innovative enterprise in Louth.
In addition, the Louth Economic Forum has established direct links with a range of funding sources in the interests of understanding the criteria of these funders and facilitating access to them by entrepreneurs wishing to invest in Louth.
The funding sources providing escalating levels of funds are set out below:
Bank of Ireland Presentation
AIB Contacts List
AIB Presentation
Drogheda Borough Council Contribution Scheme (254 KB)
Dundalk Town Council Contribution Scheme (554 KB)
Louth County Council Contribution Scheme (513 KB)
Supplementary Development Contribution Scheme (5289 KB)
Business Incentive Scheme (867 KB)
Business Incentive Scheme Application Form Drogheda (88 KB)
Business Incentive Scheme Drogheda (297 KB)
Business Incentive Scheme Map (436 KB)
Business Support Brochure (845 KB)
.gif)