Written answers

Tuesday, 4 February 2014

Department of Jobs, Enterprise and Innovation

Microenterprise Loan Fund Applications

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent)
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281. To ask the Minister for Jobs, Enterprise and Innovation the number of applications made to the microfinance scheme to date, in total, and broken down by county where applicants are based; and if he will provided the number of businesses which have been accepted, processed and drawn down funds to date; if will also provide in total and broken down by county where the business is based. [5203/14]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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The Microenterprise Loan Fund Scheme facility was introduced in October 2012 following demands from business interest for the introduction of supports for microenterprises in a difficult economic environment. It has now developed a presence in the Irish financial market. As of 27 January 2014 MFI, has approved 153 applications to the value of €2.37m supporting 338 jobs. The latest progress report detailing the analysis and performance for the quarterly period ending 30 September 2013 is available on my Department’s website. I intend to publish the next progress report for the period to end December 2013, once the report has been finalised.

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