Dáil debates
Wednesday, 12 May 2010
Enterprise Stabilisation Fund
1:00 pm
Batt O'Keeffe (Cork North West, Fianna Fail)
I also said there was €278 million available to Enterprise Ireland, which is a 26% increase in the overall funding to enterprise. The mechanisms in place in Enterprise Ireland are diverse and varied to suit various applications. If a company does not meet the criteria for the stabilisation fund, it is possible that it could be supported under a further mechanism under the aegis of Enterprise Ireland. That is what happens. The Deputy mentioned €30 million as the cost for 30 projects. That is wide of the mark.
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