“Supporting Cross Border Trade & Business
Development”
Margaret Hearty
Director of Programmes & Services
20 June 2017
Economics and Peacemaking
“Unless you achieve economic transformation,
you can’t have a stable society”
Sir George Quigley (March 2007)
“Economic progress is crucial to the
political forces that favour peace”
Portland Trust (May 2007)
The Belfast Agreement, 1998.
Six Cross-Border Bodies
InterTradeIreland
“A Body to exchange information and co-ordinate work
on trade, business development and related matters, in
areas where the two administrations specifically
agree it would be in their mutual interest.”
Institutional Arrangements
Northern Ireland
Assembly & Executive
North-South
Ministerial Council
Irish Government
InterTradeIreland
Department of
Enterprise, Trade &
Investment
Department of
Jobs, Enterprise and
Innovation
InterTradeIreland
1998
Political
Cross Border
Trade
NOW
Economic
All Island
Competitiveness
The Vision
“A globally competitive allisland economy characterised
by the optimal utilisation of
the island’s economic
resources for mutual benefit.”
North South Economic Co-operation
• Funded by Both Governments
• Supporting SME’s
• Focus on Trade and Innovation
 32,000 Companies assisted
 6,000 Companies in programmes
 6,002 Jobs created
Discover What’s Possible
Intelligence
Research Reports, Trade Statistics,
Business Monitor, Market Knowledge,
Academic & Graduate Knowledge and
Expertise
Funding
Sales Growth, Innovation, Research,
Specialist Expertise
Contacts
Conferences, Workshops, Seminars,
Masterclasses
Importance of Cross Border Trade
• €3.1 billion manuafactured goods
• Circa €6 billion including services
2%
Export Destination
5%
19%
74%
Cross Border
Great Britain
Other EU
Other
The Cross-border market is the first export market for 74% of business
Range of Services
BREXIT - A New Lexicon
1.
Brexit
2.
Article 50
3.
The Four Freedoms
4.
Trade Models
5.
World Trade Organisation
6. Tariffs
For Firms: Uncertainty
98% have no planNow?
87% have no experience dealing with
tariffs
91% of cross-border traders have no
experience dealing with tariffs
80% of businesses still say TV news is their
only source of info on Brexit
Sectoral shares of cross-border trade in
manufactured goods in 2014
North – South Trade
Co-Innovate Programme
Aim:
To increase the proportion of SME’s engaged in collaborative R&I
collaboration in the region from 22% to 33%.
Objectives:
• To promote the benefits of innovation to SMEs within the eligible region.
• To strengthen SME innovation capabilities in the eligible region tailored to each
companies needs.
• To increase business expenditure on R&I and the number of companies
innovating.
• To enhance cross-border linkages.
• To complement existing R&I resources in the target area.
• To leave a legacy.......benefits will continue after the lifetime of the project.
3.
Overview of Objective 1.2
To increase the number and capacity of SMEs engaged
in cross-border research and innovation activity in the
region aimed at the development of new products,
processes and tradable services.
The project has been supported by the European Union's
INTERREG VA Programme, managed by the Special EU
Programmes Body
8.
Aim
Co-Innovate Programme
To increase the proportion of SMEs engaged in cross-border Research and
Innovation (R&I) collaboration in the region from 22% to 33%.
objectives
•
•
•
•
•
•
To promote the benefits of innovation to SMEs within the eligible region.
To strengthen SME innovation capabilities in the eligible region tailored to
each companies needs.
To increase business expenditure on R&I and the number of companies
innovating.
To enhance cross-border linkages.
To complement existing R&I resources in the target area.
To leave a legacy.......benefits will continue after the lifetime of the project.
The project has been supported by the European Union's
INTERREG VA Programme, managed by the Special EU
Programmes Body
2.
Co-Innovate Partnership
–
–
–
–
InterTradeIreland (Lead Partner)
Scottish Enterprise
Highlands and Islands Enterprise
Enterprise Northern Ireland/Local Enterprise
Organisations (CBLEP)
– East Border Region.
The project has been supported by the European Union's
INTERREG VA Programme, managed by the Special EU
Programmes Body
8.
Target Audience
SMEs from the manufacturing and tradable services
sectors.
Priority Sectors:
• Renewables
• Life and Health Sciences
• Agri Tech/Food
The project has been supported by the European Union's
INTERREG VA Programme, managed by the Special EU
Programmes Body
4.
5 Strands of Co-Innovate
The project has been supported by the European Union's
INTERREG VA Programme, managed by the Special EU
Programmes Body