Exclusions

There are a number of restricted sectors that MFI cannot support and which includes:

  • Casinos –  Casinos and equivalent enterprises
  • Illegal Economic Activities – this is a catch-all for any production, trade or activity, which is illegal under Irish or European law for such production, trade or activity
  • IT Sector – Research, development or technical applications relating to electronic data programs or solutions, which:
    (i) aim specifically at:
    (a) supporting any activity included in the Restricted Sectors referred to under 1. to 4. (inclusive) above;
    (b) internet gambling and online casinos; or
    (c) pornography, or which:
    (ii) are intended to enable to illegally: (a) enter into electronic data networks; or (b) download electronic data
  • Life Science Restrictions – Providing support to the financing of the research, development or technical applications relating to:
    (i) human cloning for research or therapeutic purposes; and
    (ii) Genetically Modified Organisms (“GMOs”)
  • Production of and Trade in Weapons and Ammunition – The financing of the production of and trade in weapons and ammunition of any kind
  • Tobacco and Distilled Alcoholic Beverages – The production of and trade in tobacco and distilled alcoholic beverages and related products. Businesses involved in beer production are also excluded at this time.
  • However, this restriction does not apply to businesses such as retail outlets (shops, supermarkets, restaurants, public houses and off-licences) which sell tobacco and / or alcohol as part of their wider product range.  

 

If you are unsure as to whether or not you and/or your business is eligible, please contact our office.