Oireachtas Joint and Select Committees

Tuesday, 16 September 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Review of Vote 32: Minister for Jobs, Enterprise and Innovation

2:55 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

In the course of a year most elected representatives will have somebody contact him or her about having applied for a grant, giving out that they could not get a grant and the difficulties they had in accessing this, that and the other.

What is the likelihood of the full drawdown of Enterprise Ireland and SFI grants this year? Is it likely that all the funding for the grants will be expended? I have made an issue of high potential start-ups in particular since the start of this Dáil. My view at that time was that there was a low level of ambition with regard to the number of high potential start-ups that were being taken on. Now that we are three years into the process, does the Minister have the statistics to convey the success of these high potential start-ups that have gone from fledglings to fully grown businesses at this point in time?

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