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.