Oireachtas Joint and Select Committees

Tuesday, 19 June 2018

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Statement of Strategy 2018-2021: Engagement with the Department of Business, Enterprise and Innovation

4:00 pm

Photo of Maurice QuinlivanMaurice Quinlivan (Limerick City, Sinn Fein) | Oireachtas source

I have a few other questions. The first relates to the Office of the Director of Corporate Enforcement, ODCE. I assume the witnesses have seen the report authored by the Director of Corporate Enforcement on the failings in the Seán FitzPatrick case. How often does the director or staff from the ODCE meet the Department or the witnesses?

My second question is on Brexit. It is a difficult question because we do not know what the position is or what will happen and whether it will be a hard or soft Brexit. It appears that the members of the Tory party have lost the run of themselves and that we are heading for a hard Brexit. Do the witnesses share my concern about the low uptake of Brexit supports? There are a number available. I received a reply to a parliamentary question on this issue last week and it states that only 32 companies signed up to Enterprise Ireland's market discovery fund and there were only 110 Be Prepared grants since March 2017. There were 277 InterTradeIreland's Start to Plan vouchers issued since June 2017. There were no data available on the Brexit loans scheme. What is happening with that? It appears that 2,291 people have done Enterprise Ireland's Brexit scorecard since March 2017. Are the witnesses concerned about the low uptake of the Brexit schemes?

My third question is about the Global Ireland initiative, which the Taoiseach raised in the Dáil today. What type of funding and staff resources is the IDA or Enterprise Ireland expected to receive under this new initiative and how advanced is the planning on that?

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