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Written Answers — Department of Enterprise, Trade and Employment: United Nations (22 Jan 2025)

Peter Burke: The Council of the European Union approved the signature of the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration ('The Mauritius Convention') by the European Union on the 25th of June 2024. This text was adopted by the European Parliament on the 18th of December 2024. The Convention applies to investment treaties concluded before 1 April 2014 and...

Written Answers — Department of Enterprise, Trade and Employment: Company Closures (22 Jan 2025)

Peter Burke: Following the announcement by Cardinal Health of its intention to cease operations at the Tullamore site in March 2026, IDA Ireland has been actively engaged with the company, including meetings with Tullamore leadership on-site, and meetings with senior corporate leaders and is actively exploring all avenues of opportunity for the site and employees impacted as a result of the announcement....

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (22 Jan 2025)

Peter Burke: Following an extension to the original deadline, the Increased Cost of Business (ICOB) scheme closed on 29th May 2024. The Power Up grant closed on 22nd November 2024 also following an extension to the original deadline. In total, over €400 million was paid out to small businesses under these schemes in 2024. In order to get payments to businesses before the end of 2024, the...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (22 Jan 2025)

Peter Burke: In total, the Increased Cost of Business (ICOB) and Power Up grant schemes paid out over €400 million to small businesses in 2024. Both schemes are now closed following extensions to the original closing dates. The ICOB scheme closed on 29th May 2024 and the Power Up grant closed on 22nd November 2024. To date, over 39,000 businesses have received €156.7 million under the...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (22 Jan 2025)

Peter Burke: Following an extension to the original deadline, the Increased Cost of Business (ICOB) scheme closed on 29th May 2024. The Power Up grant closed on 22nd November 2024 also following an extension to the original deadline. In total, over €400 million was paid out to small businesses under these schemes in 2024. In order to get payments to businesses as quickly as possible by the...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Properties (22 Jan 2025)

Peter Burke: The Department of Enterprise, Trade and Employment currently occupies the following properties 23 Kildare Street, Dublin 2, D02 TD30 Earlsfort Centre, Lower Hatch Street, Dublin 2, D02 PW01 59 Dawson Street, Dublin 2, D02 FA36

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (22 Jan 2025)

Peter Burke: The criteria for the Power Up Grant were aligned with the Increased Cost of Business Scheme in order to get payments to businesses as quickly as possible by the end of 2024. Businesses that are tenants and received the second payment under the Increased Cost of Business Scheme could register as long as they are ratepayers. It has been brought to my attention that some businesses have...

Written Answers — Department of Enterprise, Trade and Employment: Agriculture Supports (22 Jan 2025)

Peter Burke: Microfinance Ireland(MFI) assists businesses with fewer than ten employees. It provides much-needed funding to help microenterprises meet payments for stock, working capital requirements and other overhead expenses through the provision of low-cost lending facilities. Microfinance Ireland provides vital support to microenterprises by filling the lending gap in the market by lending to...

Written Answers — Department of Enterprise, Trade and Employment: Official Travel (22 Jan 2025)

Peter Burke: The table below provides a schedule of all foreign travel undertaken by me since my appointment as Minister for Enterprise, Trade and Employment on 9th April 2024. The table also provides details in relation to those officials who accompanied me. I would advise the Deputy that there were a number of foreign travel trips which were sponsored by agencies of my Department and in respect of...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Contracts (22 Jan 2025)

Peter Burke: My Department operates a devolved procurement function whereby each business unit and Office of the Department is responsible for the procurement of their own goods, services and related contracts, with corporate oversight via a Procurement Co-ordination Unit, headed at Principal Officer level. The Offices of the Department include the Companies Registration Office (which incorporates the...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Contracts (22 Jan 2025)

Peter Burke: I can confirm to the Deputy that my Department has no records of any public contracts issued to the companies specified over the last 10 years.

Written Answers — Department of Enterprise, Trade and Employment: Trade Relations (22 Jan 2025)

Peter Burke: The Central Statistics Office compiles statistical data in relation to Goods Exports and Imports. According to the CSO, China is Ireland's 5th largest trading partner, 5th largest goods export market and Ireland's 4th largest services export market. In 5 years, from 2017 to 2022, the value of goods exports from Ireland to China almost trebled with an increase by 203% from €4.4bn to...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Schemes (7 Nov 2024)

Peter Burke: I am very aware of the difficulties businesses continue to face due to rising costs and that is why the Government announced the Power Up Grant in Budget 2025. The Power Up Grant has a budget of €170 million and builds on the success of the Increased Cost of Business Scheme. The grant is for businesses in the hospitality, retail and beauty sectors who received a second payment under...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Schemes (7 Nov 2024)

Peter Burke: As you know, I recently announced the Power Up Grant with a budget of €170 million as part of Budget 2025. The Power Up Grant builds on the success of the Increased Cost of Business Scheme. This grant is for businesses in the hospitality, retail and beauty sectors. The Power Up grant criteria are aligned with the ICOB grant. The ICOB registration process was a self-declaration...

Written Answers — Department of Enterprise, Trade and Employment: Trade Agreements (7 Nov 2024)

Peter Burke: The Government is committed to supporting free, fair and open trade. Our EU membership makes us part of the growing network of EU Free Trade Agreements, supporting more opportunity for exports and investment, helping support jobs and growth at home, and supporting better environmental and human rights standards around the world. The EU-Mercosur Agreement is designed to cement the close...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (7 Nov 2024)

Peter Burke: Under its current strategy, ‘Driving Recovery and Sustainable Growth 2021–2024’, IDA is committed to progressing the delivery of 19 Advance Building Solutions across six regions in 15 locations. Eight buildings are now complete, a further 4 buildings are on site with the remainder in the planning, procurement or site selection stages. As the Deputy is aware, Kerry...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (6 Nov 2024)

Peter Burke: The ICOB registration process was a self-declaration process whereby a business supplied information in order to register for the ICOB scheme. The second ICOB grant was for businesses in the retail, hospitality and beauty sectors. In order to be eligible for the Power Up grant, a business in the hospitality, retail and beauty sectors must have received the second ICOB grant. If a...

Written Answers — Department of Enterprise, Trade and Employment: Trade Relations (6 Nov 2024)

Peter Burke: As the Deputy will be aware, trade policy is a competence of the European Commission under Article 207 of the Treaty on the Functioning of the European Union, and referred to as the Common Commercial Policy. The EU and Morocco established a Free Trade Area as part of the EU-Morocco Association Agreement, signed in 1996, which entered into force on 1 March 2000. The EU and Morocco also...

Written Answers — Department of Enterprise, Trade and Employment: Capital Expenditure Programme (6 Nov 2024)

Peter Burke: I propose to take Questions Nos. 59 and 60 together. Regional development is a key element of Government's enterprise policy, as set out in the White Paper on Enterprise, and is a key focus of the work of my Department and our agencies. In this regard, the availability of property and infrastructure solutions can be a key factor in investment decisions and a robust property and...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (6 Nov 2024)

Peter Burke: The criteria for the Power Up Grant are aligned with the Increased Cost of Business Scheme. Businesses that are tenants and received the second payment under the Increased Cost of Business Scheme can register as long as they are ratepayers. It has been brought to my attention that some businesses have entered into arrangements with their landlords whereby the landlord pays the rates for...

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