Oireachtas Joint and Select Committees

Thursday, 31 January 2013

Public Accounts Committee

Enterprise Ireland - Annual Report and Financial Statement 2011

11:20 am

Mr. Frank Ryan:

We always dispense our moneys on the basis of tough love - that is, no money without results. The service level agreement being put in place will address this specific issue. We want results. Our parent Department and the Department of the Environment, Community and Local Government are awake to the requirement for KPIs and for funding to the CEBs not to be regarded as automatic. I hope we will be able to arrange a similar allocation of funding under the new local enterprise offices, LEOs, but that matter must be decided. The funds will be subject to new KPIs.

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