Dáil debates
Thursday, 10 July 2014
Ceisteanna - Questions - Priority Questions
Enterprise Ireland Funding
9:40 am
Seán Sherlock (Cork East, Labour) | Oireachtas source
Enterprise Ireland's network of international offices now extends to 30. We opened two new offices during 2013, in Istanbul and Austin, Texas. Some 815 new overseas customers were secured for client companies, 38% of which were in high growth markets. In addition, 111 of Enterprise Ireland's high potential start-up companies secured their first new international reference company in 2013. There were 18 Minister-led overseas trade missions, in which more than 1,000 Enterprise Ireland client companies took part, and a further 67 international events in major target markets. We are making significant progress. There is a strong policy prerogative, since the creation of the LEOs, to support the SME sector at a local level and ensure those companies that have export potential through Enterprise Ireland will be supported. There is a broad range of supports available. I reiterate that there was €65 million in equity and venture capital, a figure of €92 million for technology and scientific infrastructure, €27 million for capability building and €19 million in capital for employment support and capacity expansion. This is taxpayers' money being invested effectively through Enterprise Ireland to support the indigenous sector.
No comments