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Written Answers — Department of Jobs, Enterprise and Innovation: IDA Jobs Data (6 Oct 2015)

Richard Bruton: I propose to take Questions Nos. 323 and 324 together. I am informed by IDA Ireland that information in relation to sponsored site visits by potential investors is provided on a county by county basis only and that from 2012 to the end of June 2015 there were a total of 1,310 IDA Ireland sponsored site visits by potential investors to various locations across the country. Details of the...

Written Answers — Department of Jobs, Enterprise and Innovation: IDA Jobs Data (6 Oct 2015)

Richard Bruton: I am informed by IDA Ireland that from 2012 to the end of June 2015 there were a total of 677 IDA Ireland sponsored site visits by potential investors to Dublin and 118 visits to Cork. Details of the number of these site visits during this period are set out in the attached tabular statement.IDA Ireland sponsored site visits by potential investors to specific locations in Ireland are only...

Written Answers — Department of Jobs, Enterprise and Innovation: Local Enterprise Offices (6 Oct 2015)

Richard Bruton: At the end of 2014, total direct employment among the 6,058 Local Enterprise Office (LEO) client companies stood at 31,326, of which 22,555 were full-time and 8,771 were part-time jobs. Details of the breakdown of LEO employment by individual LEO with total jobs growth in 2014 is set out in Table 1 below.This data was collated as part of an Annual Employment Survey of LEO clients, which is...

Written Answers — Department of Jobs, Enterprise and Innovation: Credit Guarantee Scheme Application Numbers (6 Oct 2015)

Richard Bruton: Detailed reports on the operation of the Credit Guarantee Scheme are published on my Department’s website on a quarterly basis. The fourth quarter report for 2014 shows that the amount of facilities sanctioned as at 31 December 2014 was €21.972m. However, arising from customer deadlines, ineligible applications, cancellations by customers and delays on customer consent to data...

Written Answers — Department of Jobs, Enterprise and Innovation: Microenterprise Loan Fund Application Numbers (6 Oct 2015)

Richard Bruton: As of 28th September 2015 Microfinance Ireland (MFI) has approved 683 applications to the value of €10.5m supporting 1,554 jobs. In parallel with this initiative, a series of other non-bank Government backed funding sources for SMEs have been provided. These measures, in tandem with the many other actions contained in the annual Action Plan for Jobs process, have helped an extra...

Written Answers — Department of Jobs, Enterprise and Innovation: Local Enterprise Offices (6 Oct 2015)

Richard Bruton: In 2014, the 31 Local Enterprise Offices (LEOs) approved a total of €14.359m in grant assistance in respect of 850 projects by their client companies and a total of €10.932m was paid out to clients by the end of the year. Details of the amounts approved and paid by the individual LEOs in 2014 is set out in Table 1 below.In addition, the LEOs also awarded over €2m in...

Written Answers — Department of Jobs, Enterprise and Innovation: Workplace Relations Services (6 Oct 2015)

Richard Bruton: The Workplace Relations Commission (WRC) was established on 1 October 2015.Part of its functions comprises visiting employment premises and inspecting employer records with a view to determining compliance with employment rights legislation. These inspections arise - In response to complaints received of alleged non-compliance with relevant employment rights legislation; - As part of...

Written Answers — Department of Jobs, Enterprise and Innovation: Workplace Relations Services Staff (6 Oct 2015)

Richard Bruton: The Workplace Relations Commission was established on 1 October 2015.Part of its functions comprises visiting employment premises and inspecting employer records with a view to determining compliance with employment rights legislation. These inspections arise - In response to complaints received of alleged non-compliance with relevant employment rights legislation; - As part of compliance...

Written Answers — Department of Jobs, Enterprise and Innovation: Enterprise Ireland (6 Oct 2015)

Richard Bruton: The Enterprise Ireland Innovation Voucher Initiative was introduced in 2007 in order to drive an on-going innovation culture shift within small enterprise by promoting and encouraging knowledge transfer between Ireland’s public knowledge providers and the small business community and creating greater synergies between the two. Under the initiative, vouchers worth €5,000 are...

Written Answers — Department of Jobs, Enterprise and Innovation: Microenterprise Loan Fund Application Numbers (6 Oct 2015)

Richard Bruton: As of 28th September 2015 Microfinance Ireland (MFI) has approved 683 applications to the value of €10.5m supporting 1,554 jobs.In parallel with this initiative, a series of other non-bank Government backed funding sources for SMEs have been provided. These measures, in tandem with the many other actions contained in the annual Action Plan for Jobs process, have helped an extra 125,000...

Written Answers — Department of Jobs, Enterprise and Innovation: Enterprise Ireland Funding (6 Oct 2015)

Richard Bruton: Enterprise Ireland offers a range of financial and non-financial supports to assist clients to win business and sustain and create jobs through all stages of the business development cycle. Start-ups remain a key source of employment for the Irish economy and over time many start-ups will develop and grow and emerge as the medium and large sized companies of the future. Supporting Start-ups...

Written Answers — Department of Jobs, Enterprise and Innovation: Development Capital Scheme (6 Oct 2015)

Richard Bruton: The Development Capital Scheme which is run through an open and competitive process, on foot of key actions under the APJ process has seen total commitments by the State of €75m to three funds. Under the Scheme, commitments were made to MML, BDO and Cardinal Carlyle that will provide equity or quasi equity of between €2m and €12m to established investee companies.In...

Written Answers — Department of Jobs, Enterprise and Innovation: Seed Capital Scheme (6 Oct 2015)

Richard Bruton: Successive Governments have invested in the domestic venture capital sector over the last twenty years. This investment has sought to increase the availability of risk capital for SMEs to support economic growth through the continued development of the Seed and Venture Capital industry in Ireland, thereby achieving a more robust, commercially viable and sustainable sector.In parallel with...

Written Answers — Department of Jobs, Enterprise and Innovation: Grant Payments (6 Oct 2015)

Richard Bruton: Innovation Fund Ireland is a Government initiative designed to attract leading international venture capital fund managers to Ireland to compliment the domestic venture capital sector. Innovation Fund Ireland funding involved Enterprise Ireland and NPRF investing together and separately. The NPRF has now been reconstituted as the Irish Strategic Investment Fund. The dual mandate of the ISIF...

Written Answers — Department of Jobs, Enterprise and Innovation: IDA Site Visits (7 Oct 2015)

Richard Bruton: I am advised by IDA Ireland that site visits are recorded on a county basis only so it is therefore not possible to give figures for individual towns. The number of site visits by potential multi-national investors to Co. Galway to the middle of 2015 is 16.At present, there are 63 IDA supported companies in Galway City and County, employing 13,862 in total. IDA Ireland actively markets...

Written Answers — Department of Jobs, Enterprise and Innovation: Departmental Staff Redeployment (7 Oct 2015)

Richard Bruton: The number of my Department’s staff who have applied for a transfer to offices outside Dublin is set out in the following table. This includes staff seeking to move from one of my Department’s regional locations to another. Current Location Staff requesting transfer to location outside Dublin Carlow 6 Cork City 1 Dublin 2 Kilkenny 7 Total Staff 16I have asked all...

Written Answers — Department of Jobs, Enterprise and Innovation: Local Enterprise Offices (8 Oct 2015)

Richard Bruton: In the time available, it has not been possible for my officials to compile all of the information requested by the Deputy. Once the available information is collated, I will arrange for it to be forwarded to the Deputy.

Written Answers — Department of Jobs, Enterprise and Innovation: Industrial Development (8 Oct 2015)

Richard Bruton: IDA Ireland has informed me that it is satisfied that its footprint in the South West of the country is sufficient to meet the requirements for Foreign Direct Investment in both Cork and Kerry. Previously both the South West and the South East Regions were managed through the IDA Regional office in Cork, but as a full-time manager has now been appointed to the South East Region, the South...

Financial Resolution No. 4: Income Tax (13 Oct 2015)

Richard Bruton: I move:(1) THAT, for the purposes of the employment and investment incentive and seed capital scheme, Part 16 of the Taxes Consolidation Act 1997 (No. 39 of 1997) be amended with effect from, and in respect of shares issued on or after, 13 October 2015 as follows:(a) in section 488(1)—(i) by deleting the definitions of “average relevant amount” and “average...

Financial Resolution No. 4: Income Tax (13 Oct 2015)

Richard Bruton: No, the extension is the new piece.

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