Event Detail

Bord Bia logo

facebook logo Twitter logo YouTube logo LinkedIn logo

Event Detail

Currency Risk Management Training Pilot Programme

Date:
20/11/2017 - 28/02/2018

Location:
Bord Bia Offices, Dublin 2

Applications are now open for participating in Bord Bia’s Currency Risk Management Training which aims to provide practical training to companies on addressing currency risks and improving competitiveness.

This will help companies prepare for buyer meetings, tendering and negotiations and will support current and new business development.

This training is aimed at Irish food and drink producers that operate with a turnover below €10 million and that export at least 15% of their turnover to the UK.

This is a pilot programme and participation is free of charge. The selection process is competitive with 12 companies expected to be supported. Companies that have completed Bord Bia’s Brexit Barometer will be prioritised.

Factors to be considered include, the impact of Brexit, customers supplied and competitive threat from other supply sources.

Structure

It’s foreseen the programme will follow the below outline:

Opening Group Session:

Date: November 20th, 10am

Location: Bord Bia, Dublin 2

Two hour session with Treasury Solutions and 12 participating companies covering FX hedging techniques and types of exposures and areas of impact.

Focussed Group Session:

Date: December 4th – 15th

Location: Bord Bia, Dublin 2

Smaller group session, two hours in length with 4 companies in total covering how to develop a treasury policy and manage currency risk.

Individual mentoring

Date:January – February

Location:TBC

Each company will receive an individual bespoke two hour consultation with Treasury Solutions reviewing the policy, strategy, benchmarking and other aspects of Treasury management and risks related to non-Eurozone trade.

Closing Group Session:

Date:February 19th

Location:TBC

Outlining findings and impact of programme. Feedback to inform future Bord Bia support activities.

Deadline for applications is Friday 10th November, 5pm.