Oireachtas Joint and Select Committees

Thursday, 23 March 2023

Public Accounts Committee

2021 Financial Statements of Enterprise Ireland: Discussion

9:30 am

Photo of Colm BurkeColm Burke (Cork North Central, Fine Gael) | Oireachtas source

I thank Mr. Clancy for his presentation and the work he and his staff do and deliver on. In real terms, job growth in Ireland has gone up by about 730,000 jobs in the past ten years and much of that has been due to the performance of Mr. Clancy and his staff.

I will touch on the issue of the seed and venture capital fund in the IT sector. There has been significant change in the ICT sector. With regard to the funds provided by Enterprise Ireland, are we very exposed because of the change in the ICT sector? Does Mr. Clancy think we will not get the same level of payback on that area, in which Enterprise Ireland has invested over the past few years?

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