Oireachtas Joint and Select Committees

Wednesday, 16 February 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Development of Indigenous Irish Enterprise: Discussion

Dr. Carol Gibbons:

Deputy Stanton mentioned the enterprise centre in Youghal, County Cork. Enterprise Ireland has supported Youghal in that and is delighted to do so. We have accepted enterprise applications or applications from consortiums and we evaluate and assess those applications as they come into Enterprise Ireland, specifically within some of the regional funding. The priorities for regions and towns are important here. We assess those applications on their eligibility criteria, including impact measures, collaboration, participation and visibility. Effectively, we are assessing them on their financial stability as they go forward, which is very important. We are very proactive within the regions in that regard. I might clarify this afterwards with the Deputy but I believe we have funded 117 enterprise centres across the country. Our regional executives are working hand in hand on the proposals that come into us with regard to that financial stability and evaluation. I hope that answers the Deputy's question.