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Written Answers — Department of Enterprise, Trade and Employment: Work Permits (9 Sep 2024)

Peter Burke: According to the Central Statistics Office’s latest Population and Migration Estimates, published on 27 August 2024, the population in Ireland rose by 98,700 people in the 12 months to the end of April 2024, which was the largest 12-month increase since 2008. Over 69,000 people departed the State in the 12 months to April 2024. Of those emigrants, 34,700 were Irish citizens, 10,600...

Written Answers — Department of Enterprise, Trade and Employment: Brexit Supports (9 Sep 2024)

Peter Burke: In October 2021, the Department of Enterprise, Trade and Employment (DETE) together with the Department of Agriculture, Food and the Marine (DFAM) launched the €330m Brexit Impact Loan Scheme. This scheme was widened by Government to allow access to COVID-19 impacted SMEs. The Covid Loan Scheme was launched on 4 July 2022 to ensure that an appropriate option for access to finance...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (9 Sep 2024)

Peter Burke: The Increased Cost of Business Scheme has now closed for registrations. Over 81,000 businesses have registered for this grant scheme. The scheme has a budget of €257 million and as of 6th September, €222.8 million has been paid in first and second grant payments to verified eligible businesses. Local authorities are continuing to process payments once business details have been...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Policy (9 Sep 2024)

Peter Burke: The White Paper on Enterprise 2022-2030 recognises clustering as a key tool for achieving enterprise policy objectives, including driving innovation, attracting and embedding FDI and developing linkages between multinationals and indigenous firms. It proposes the establishment of a National Clustering Programme (NCP), with a target to fund 5 national cluster organisations by 2025. In March...

Written Answers — Department of Enterprise, Trade and Employment: Trade Missions (9 Sep 2024)

Peter Burke: Each year, Enterprise Ireland and IDA Ireland prepare a programme of trade missions and events which support the goal of securing high-level market access for companies based in Ireland who are aiming to grow business overseas and increase domestic employment and showcasing opportunities for foreign direct investment in support of high-quality jobs and regional development throughout Ireland....

Written Answers — Department of Enterprise, Trade and Employment: National Minimum Wage (9 Sep 2024)

Peter Burke: The Low Pay Commission has a statutory obligation to make an annual recommendation to the Minister for Enterprise, Trade and Employment on the appropriate rate of the National Minimum Wage. I have received the Commission’s report and recommendations on the appropriate rate of the 2025 National Minimum Wage and these recommendations will be considered by Government in the context of...

Written Answers — Department of Enterprise, Trade and Employment: Business Regulation (19 Sep 2024)

Peter Burke: I have not had any engagement on this matter with the company in question.

Written Answers — Department of Enterprise, Trade and Employment: Business Regulation (19 Sep 2024)

Peter Burke: The OECD Guidelines for Multinational Enterprises on Responsible Business Conduct (referred to as the Guidelines) are the most comprehensive government-backed instrument for the promotion of Responsible Business Conduct. In keeping with applicable laws and internationally recognised instruments, they provide non-binding principles and standards for all areas of business conduct. Areas...

Written Answers — Department of Enterprise, Trade and Employment: State Bodies (19 Sep 2024)

Peter Burke: Halo Business Angel Network (HBAN) is a programme which has been running since 2007. It is an all-island initiative that provides support to enable business angel investors and syndicate groups of such investors connect with early-stage companies who are seeking to raise funds, across all sectors, with a particular focus on technology. In Q1 2023, following a competitive procurement...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Data (23 Jul 2024)

Peter Burke: The Department of Finance operates a pre-budget costings service. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil éireann. Deputies are encouraged to engage with this service in relation to requests for costings at this time. In a report published...

Written Answers — Department of Enterprise, Trade and Employment: Trade Data (23 Jul 2024)

Peter Burke: The Central Statistics Office publishes aggregate data on the number and type of enterprises who export goods to Germany. The CSO does not provide information on individual companies. The CSO does not yet have data available for our services imports and exports with Germany for 2023. In 2022 there were 1,446 enterprises recorded as exporting goods to Germany. Table A : Number of enterprises...

Written Answers — Department of Enterprise, Trade and Employment: State Bodies (23 Jul 2024)

Peter Burke: The funding provision to Enterprise Ireland covers two subheads on my Department’s Vote, Subheads A7 and B4, which span general supports to indigenous firms and for research and development/innovation supports. My Department has allocated a total of €372.305 million in respect of these subheads in 2024. The cost of increases of 5%, 10%, 20%, 25% and 50% are set out in the table...

Written Answers — Department of Enterprise, Trade and Employment: State Bodies (23 Jul 2024)

Peter Burke: A total of €265.993m has been allocated by my Department to support the Industrial Development Authority for 2024. The table below outlines the estimated cost of increasing IDA Ireland funding by 5%, 10%, 20%, 25% and 50%. - REV Allocation 2024 (€,000) 5% Increase (€,000) 10% Increase (€,000) 20% Increase (€,000) 25% Increase (€,000)...

Written Answers — Department of Enterprise, Trade and Employment: State Bodies (23 Jul 2024)

Peter Burke: InterTradeIreland (ITI) is one of six North-South implementation bodies established under the Good Friday Agreement. It operates under the oversight of the NSMC and of its sponsor Departments, the Department of Enterprise, Trade & Employment and the Northern Ireland Department for the Economy. ITI works to promote trade and business on an all-island and cross-border basis. Through its...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Schemes (23 Jul 2024)

Peter Burke: The Innovation Voucher Programme is funded by my Department, though Enterprise Ireland. The Programme is designed to build links between Ireland's public knowledge providers (higher education institutions and research performing bodies) and small businesses and help to create a cultural shift in the small business community's approach to innovation. The recently increased €10,000...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Schemes (23 Jul 2024)

Peter Burke: The Innovation Voucher Programme is funded by my Department, through Enterprise Ireland. It provides vouchers to encourage companies and public knowledge providers to work together on specific innovation questions and projects related to a company’s needs. The nature of these projects will be such that they transfer knowledge that is new, thereby enabling a company to use this newly...

Written Answers — Department of Enterprise, Trade and Employment: Research Funding (23 Jul 2024)

Peter Burke: Enterprise Ireland’s RD&I budget, Subhead B4.1, known as the Science Technology and Development Budget, provides direct and indirect research development and innovation supports for indigenous companies and supports the commercialisation of State funded research. Activity 1 – Transforming R&D Activity in Enterprise- provides RD&I support for all stages of...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Funding (23 Jul 2024)

Peter Burke: The Disruptive Technologies Innovation Fund (DTIF) is one of four National Development Plan (NDP) 2018-2027 Funds under Project Ireland 2040. €500 million has been invested through the Fund up to 2027 for co-funded collaborative projects. It is aimed at encouraging collaboration and innovation in the development and deployment of disruptive technologies, on a commercial basis, targeted...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Data (23 Jul 2024)

Peter Burke: The IDA 2024 Mid-Year results announced last week indicate a strong performance across foreign direct investment indicators set out in their 2021-24 strategy, “Driving Recovery and Sustainable Growth”, as targets for the total number of investments, job approvals, regional investment and number of sustainability projects supported by the agency are now exceeded. Wexford is in...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (23 Jul 2024)

Peter Burke: Regional development is a key element of Government's enterprise policy, as set out in the White Paper on Enterprise and is focus of the work of my Department and that of its enterprise agencies. In that regard, under its current strategy, Driving Recovery and Sustainable Growth 2021-2024, IDA Ireland is targeting at least half of all investments to regional locations. IDA’s strategy...

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