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Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Supports (12 Mar 2019)

Heather Humphreys: The Brexit Loan Scheme provides affordable working capital to eligible businesses with up to 499 employees that are or will be Brexit impacted and which meet the scheme criteria. The €23 million exchequer funding announced in the 2018 Budget (€14 million from my Department and €9 million from the Department of Agriculture, Food and the Marine) has been leveraged to...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Supports (12 Mar 2019)

Heather Humphreys: The Brexit Loan Scheme provides affordable working capital to eligible businesses with up to 499 employees that are or will be Brexit impacted and which meet the scheme criteria. The €23 million exchequer funding announced in the 2018 Budget (€14 million from my Department and €9 million from the Department of Agriculture, Food and the Marine) has been leveraged to...

Written Answers — Department of Jobs, Enterprise and Innovation: Enterprise Support Schemes (12 Mar 2019)

Heather Humphreys: The Future Growth Loan Scheme makes up to €300 million of loans available with a term of 8-10 years. This scheme will be available to eligible Irish businesses and the primary agriculture and seafood sectors to support strategic long-term investment in a post Brexit environment. Finance provided under the scheme will be competitively priced and have favorable terms, for example no...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Supports (12 Mar 2019)

Heather Humphreys: The Brexit Loan Scheme provides affordable working capital to eligible businesses with up to 499 employees that are or will be Brexit impacted and which meet the scheme criteria. The €23 million exchequer funding announced in the 2018 Budget has been leveraged to provide a fund of up to €300 million over the lifetime of the scheme. Given its significant exposure to the UK...

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (7 Mar 2019)

Heather Humphreys: We cannot hear the Deputy.

Ceisteanna Eile - Other Questions: Brexit Supports (7 Mar 2019)

Heather Humphreys: 12 o’clock Numerous reports have been compiled, but we have been acting on the information contained in the Copenhagen report which was compiled last year. The Deputy is right when he refers to exposed sectors that are vulnerable to Brexit. We have raised this issue with the Commissioner. We are working with businesses to overcome the difficulties of this possible shock. When...

Ceisteanna Eile - Other Questions: Brexit Supports (7 Mar 2019)

Heather Humphreys: I understand that the ESRI and Department of Finance are completing a more comprehensive assessment of the impact of Brexit on Ireland and these results are expected to be published later in March. I suspect that the jobs figure to which the Deputy refers is based on preliminary analysis undertaken by the ESRI and the Department of Finance which takes account of recently published UK impact...

Ceisteanna Eile - Other Questions: Regional Action Plan for Jobs (7 Mar 2019)

Heather Humphreys: Yes, I will do that. The site to which the Deputy refers is in the mid-east plans, which I also launched. In places such as Naas, the creation of co-working spaces is being considered in order that people can work, for example, a couple of days from home and a couple of days in Dublin. This is the sort of action that we want to facilitate, as can be seen in the future jobs initiative. We...

Ceisteanna Eile - Other Questions: IDA Ireland (7 Mar 2019)

Heather Humphreys: As Minister, regional development is one of my top priorities. I am focused on sustaining existing employment in the regions while also working to grow significantly both job creation and investment in every county in the country. The recent annual results of the IDA have shown that we are making significant progress in increasing jobs supported by foreign direct investment, FDI, in the...

Ceisteanna Eile - Other Questions: IDA Ireland (7 Mar 2019)

Heather Humphreys: I know about the IDA park in Mullingar and I agree that it is a fine site. I assure the Deputy that the IDA will continue to market all of its sites to potential investors. On regional investment and growth, I launched the regional enterprise plan for the midlands in Mountmellick on 6 February, which will build on the recent strong performance of job creation in the region. At the end...

Ceisteanna Eile - Other Questions: IDA Ireland (7 Mar 2019)

Heather Humphreys: I acknowledge that the Deputy works hard to attract and promote investment in his county and region. It is important that we put forward the positives and tell the good story. Success brings success and we want to see more investment in the regions, which is a top priority for me. I do not want it to be a case of regions versus Dublin or Dublin versus the rest of the country because that...

Ceisteanna Eile - Other Questions: Regional Action Plan for Jobs (7 Mar 2019)

Heather Humphreys: I thank the Deputy for raising this question. In April 2018, I asked all of the regional action plan for jobs implementation committees to start a process to refresh and refocus all regional plans to ensure their relevance and impact out to 2020 in order that they continue to deliver jobs across the country in every region and can be robust to address the challenges we face, including...

Ceisteanna Eile - Other Questions: Regional Action Plan for Jobs (7 Mar 2019)

Heather Humphreys: I acknowledge that the Deputy was at the launch of the north-east regional enterprise plan in Cootehill. I take his point about the regions. I want to encourage collaboration between the regions and the IDA, which as the Deputy will be aware, operates on a national basis. I accept that we need to address the issue of people from the north east having to travel to Dublin for jobs. That is...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: IDA Ireland Site Visits (7 Mar 2019)

Heather Humphreys: Increasing the level of foreign direct investment in regional Ireland, including in County Tipperary, has been a priority of mine since I was first appointed Minister for Business, Enterprise and Innovation. As an elected representative of Cavan-Monaghan, I know how important it is to create new jobs and economic opportunities in regional areas. That is why I am committed to achieving the...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: IDA Ireland Site Visits (7 Mar 2019)

Heather Humphreys: There are no incentives for a company to locate in Dublin. The incentives apply when companies locate outside Dublin. I wish to have a strong city but I also wish to have strong regions because both are necessary. It should not be a case of Dublin against the rest of the country. I am from rural Ireland too and we want jobs in the regions. That is certainly a priority for me. However,...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: IDA Ireland Site Visits (7 Mar 2019)

Heather Humphreys: Companies supported by Enterprise Ireland employ 5,921 people in Tipperary, and 136 new jobs were created in Tipperary in 2018. The local enterprise office also had a very good year with 160 new jobs created in Tipperary in 2018. As I said, I recently launched the regional enterprise plan at Lisheen Mine. I was pleased to allocate funding of over €4.6 million to the Irish Bioeconomy...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Regional Action Plan for Jobs (7 Mar 2019)

Heather Humphreys: Since the launch of the regional Action Plan for Jobs in 2015 there has been an increase of 266,900 people in employment across the State, with 166,400 people at the end of 2018 in the regions outside Dublin entering employment in that period. Overall, the recently published 2018 quarter 4 CSO labour force survey employment figures are very positive. The survey shows that employment...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Regional Action Plan for Jobs (7 Mar 2019)

Heather Humphreys: I am absolutely committed to increasing employment in the regions. The jobs plan is working. Job creation in the regions is my number one priority. In 2018 more jobs were created in IDA Ireland client companies outside Dublin than at any point in the past 17 years. Every region of the country saw foreign direct investment driven job gains. There are now more than 132,000 people employed...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Regional Action Plan for Jobs (7 Mar 2019)

Heather Humphreys: I agree that we need a strong city and regions. That is why I launched the regional enterprise plans. There are nine plans in total and I have travelled around the country to work with local stakeholders, including the local authorities, local enterprise offices, the agencies, the regional skills fora and Enterprise Ireland which are all coming together. The chairmen have put forward some...

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Regional Action Plan for Jobs (7 Mar 2019)

Heather Humphreys: There is huge investment. We need local people who are working very well together to come up with the good ideas and we will give them the money. That is the way to support job creation.

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