Enda Kenny (Mayo, Fine Gael)

Last December, the Government published Ireland's framework for sustainable economic renewal, which set out a series of actions for the development of what was called a "smart economy". The document was a revival and rehash of many different programmes that were already in existence. Of the 125 action points contained in the summary, only one action plan could be described as new, and it referred to a €500 million innovation fund. What is the status of that €500 million euro fund now? Is the money in place? How much of it is left? Will the Taoiseach identify what elements of innovation have been funded through the innovation fund referred to in the action plan?

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