Heather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

There were two successful applications in the mid-west region. Emerald Aero Cluster Group was the successful applicant under call one of stream four. Stream four is to support significant industry clustering initiatives with grants of €50,000 to €250,000 per project. Emerald Aero Cluster Group is a cluster of 14 indigenous manufacturing companies brought together with the specific purpose of increasing aerospace manufacturing export revenues for members and aerospace business for the Republic of Ireland. That is hugely important for that industry. The Irish Bioeconomy Foundation was approved for funding under the REDF within stream one. Stream one is to support major regional, multi-regional or national sectoral initiatives and grants of €2 million to €5 million per project in funding towards capital and current costs. The project is located on the former Lisheen mine site which went into a planned close phase in late-2015 with the loss of 200 jobs. They are two very worthwhile projects that have been supported in the area.

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