Summary
The lack of preparation by EU SMEs for a possible ‘hard’ Brexit scenario has been highlighted as an important potential threat to the future viability of many EU SMEs. The need to begin contingency planning for the possible consequences of various Brexit scenarios would appear to be relevant for indigenous ACP exporters, the vast majority of which by EU standards are SMEs. The launch by the Irish government of a ‘Be Prepared Grant’ facility to help exposed Irish enterprises plan for various Brexit contingencies could usefully be replicated for a cross section of ACP enterprises and producers associations which are most vulnerable to potential Brexit related disruptions. Funding for such an ACP focussed facility should be sought form the EC and the UK government. Read more “The Need for SMEs to be Prepared for the Possible Impact of Different Brexit Scenarios Highlighted”