Oireachtas Joint and Select Committees

Thursday, 15 December 2016

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Economic Impact of Brexit: Discussion (Resumed)

2:00 pm

Photo of Mary Mitchell O'ConnorMary Mitchell O'Connor (Dún Laoghaire, Fine Gael) | Oireachtas source

As the Deputy knows, these bodies received €3 million extra in current funding. Some €1.7 million will be distributed to Enterprise Ireland; €750,000 to IDA Ireland; €150,000 to Science Foundation Ireland; €150,000 to the Health and Safety Authority, which falls under the REACH programme, to which we are responding; and €250,000 to the Department for its new unit dedicated to Brexit. I will go through the jobs numbers because they are simple. Enterprise Ireland will be allocated 39 new posts, 17 of which will be in overseas offices and 22 of which will be Ireland-based. This will include seven posts to support internationalisation activities, ten to support competitiveness and sectoral growth, three to strengthen the LEOs' ability to respond locally to help micro-enterprises and two to drive and support innovation through the Horizon 2020 support network. SFI will use the additional Brexit current funding to assist it in developing Ireland as an attractive location for mobile, globally renowned UK-based researchers, which I know is very important for the committee and has come up on a number of occasions, and in strengthening Ireland's research funding collaborations with the UK and Northern Ireland. IDA Ireland, as I have told the committee, has received the additional €750,000 for pay resources. This will be used, but IDA has not yet finalised its plans. What I can tell the Deputy is that it will allocate resources across divisions, prioritised by need. Divisions identified as having an immediate post-Brexit requirement include financial services; strategic policy and planning; growth markets; business development and client networking; engineering; and property. I understand that recruitment of certain Brexit-related staff has already started.

Comments

No comments

Log in or join to post a public comment.