Oireachtas Joint and Select Committees

Thursday, 17 October 2013

Public Accounts Committee

Forfás Annual Accounts 2012

10:15 am

Mr. Martin D. Shanahan:

Forfás currently works very closely with our sister agencies, Enterprise Ireland, Science Foundation Ireland and IDA Ireland. We develop broad enterprise policy together with these agencies and the Department. The most recent review of industrial policy was in 2010 when we set out the strategy for the foreseeable future, Making it Happen - Growing Enterprise for Ireland. We work very closely with the agencies in identifying sectoral opportunities and developing sectoral strategies. We also undertake evaluations of the programmes run by Enterprise Ireland, IDA Ireland and Science Foundation Ireland. We are heavily involved in the development of the overall science, technology and innovation strategy which supports industrial policy and also the recent research prioritisation exercise. It is envisaged that this work will be undertaken from within the Department of Jobs, Enterprise and Innovation as part of the strategic policy division to which I referred.