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Written Answers — Department of Enterprise, Trade and Employment: Enterprise Support Services (1 May 2025)

Peter Burke: The Increased Cost of Business scheme was introduced in March 2024 and the Power Up grant was introduced in October 2024. Both schemes are now closed, however, in total, €400 million in grant aid was successfully paid to SMEs right across the country in 2024 under these grants. As I have previously outlined my Department is aware of issues that have arisen during the registration...

Written Answers — Department of Enterprise, Trade and Employment: Trade Relations (1 May 2025)

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 that are aiming to grow business overseas and increase domestic employment, and for showcasing opportunities for foreign direct investment in support of high-quality jobs and regional development throughout...

Written Answers — Department of Enterprise, Trade and Employment: Employment Support Services (1 May 2025)

Peter Burke: Teva Pharmaceutical Industries Ltd is a leading global pharmaceutical company, headquartered in Israel with operations in over 60 countries. Teva’s product and service portfolio includes generic medicines, biopharmaceuticals, specialty medicines, OTC products, a distribution business, API, and contract manufacturing. Teva Ireland (Waterford) was established in 1985. Products at the...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Support Services (1 May 2025)

Peter Burke: The Increased Cost of Business scheme was introduced in March 2024 and the Power Up grant was introduced in October 2024. Both schemes are now closed, however, in total, €400 million in grant aid was successfully paid to SMEs right across the country in 2024 under these grants. My Department is aware of issues that have arisen during the registration period, in relation to...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (30 Apr 2025)

Peter Burke: The Mid-West Region comprises counties Limerick, Clare, and Tipperary. There are a total of 153 IDA client companies in this Region, employing 27,968 people. County Limerick has 74 client companies employing 16,068 people and County Clare has 62 client companies employing 6,041 people. Recent announcements include the North American Bancard opening of a new R&I Centre of Excellence...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (30 Apr 2025)

Peter Burke: In 2024, Ireland was ranked as the 4th most competitive country in the World in the IMD World Competitiveness Rankings. Indeed, Ireland currently holds a strong competitive position globally, and this performance is underpinned by several key factors, including a highly skilled workforce, strong economic growth, and success in attracting foreign direct investment in high-value sectors....

Written Answers — Department of Enterprise, Trade and Employment: Low Pay (30 Apr 2025)

Peter Burke: The National Minimum Wage Acts allow for lower, or sub-minimum rates of the minimum wage for those employees aged under 20. Those aged less than 18 years can be paid 70 per cent of the full minimum wage rate, while those aged 18 years and 19 years can be paid 80 and 90 per cent of the full rate, respectively. As the deputy is aware, the Low Pay Commission recommended the abolition of...

Written Answers — Department of Enterprise, Trade and Employment: Copyright Infringement (29 Apr 2025)

Peter Burke: I propose to take Questions Nos. 686, 692, 695, 696, 697, 698, 721 and 722 together. I fully recognise concerns raised by Irish authors and their representative bodies regarding the use of work by a tech company in training generative AI models without author consent. I understand that a legal challenge by authors against a company is ongoing in the US District Court of Northern...

Written Answers — Department of Enterprise, Trade and Employment: Trade Data (29 Apr 2025)

Peter Burke: The Central Statistics Office compiles statistical data in relation to Goods Exports and Imports. These statistics can be found on the website cso.ie. The table shows the value of imported goods from the “Occupied Palestinian Territories for the years 2020 to 2024. Imports from Occupied Palestinian Territory ...

Written Answers — Department of Enterprise, Trade and Employment: Trade Data (29 Apr 2025)

Peter Burke: The Central Statistics Office compiles statistical data in relation to Exports and Imports. According to the CSO in 2023 Ireland’s trade with Indonesia was valued at € 1,976 million. In 2024 Ireland’s trade (Goods) only was valued at €350 million, the Service data for 2024 is not available at this time. The table under shows the value of Ireland's trade with...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (29 Apr 2025)

Peter Burke: Regional development is a key element of Ireland's enterprise policy, as set out in the White Paper on Enterprise and the Programme for Government, and, as such, is a key focus of the work of my Department and our Enterprise Development Agencies. In this regard, regional development is a strategic imperative for IDA Ireland with the IDA targeting 550 of a total target of 1,000 investments,...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Inquiries (29 Apr 2025)

Peter Burke: Enterprise Ireland's (EI's) international office network is kept under continuous review and offices are opened and closed in response to the need and opportunity to support EI clients in individual markets. EI does not currently plan to open an office in Auckland. However, Enterprise Ireland has two offices in Australia, located in Sydney and Melbourne, that service the New Zealand...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Inquiries (29 Apr 2025)

Peter Burke: In line with the IDA Ireland's strategy to diversify and broaden Ireland's global market reach and geographic footprint, the IDA is supported by a number of “Pathfinders” (in-market consultants) to build their business and profile in certain smaller, developing markets for FDI. In this regard, IDA Ireland has had a presence in the UAE since 2019, through a Pathfinder based in...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Inquiries (29 Apr 2025)

Peter Burke: Firstly, my thoughts are with all workers facing potential redundancy and I understand this is very difficult time for those involved. Ireland has a robust framework of legislative protections and supports for workers who are impacted by redundancy. The Protection of Employment Act 1977 defines collective redundancies as situations where, during any period of 30 consecutive days, the...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (29 Apr 2025)

Peter Burke: There are a range of business supports available through the network of Local Enterprise Offices (LEOs). There is a LEO in each of the 31 Local Authorities, and they are the first stop shop for local businesses in Ireland. In the first instance LEOs provide a signposting service for all government supports available to the SME sector and can provide information/referrals to other relevant...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (29 Apr 2025)

Peter Burke: My Department manages policy measures to support the investment ecosystem in Ireland. The Seed and Venture Capital (SVC) Scheme is the primary public source of indirect equity investment for funds who provide funding to innovative Irish start-ups. Over €700m has been invested to date, leveraging funds totalling €3.3bn. The estimates for the economic benefits (realised and...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Data (29 Apr 2025)

Peter Burke: My Department intervenes in the market to develop the Irish equity financing ecosystem for enterprise. This includes the Seed and Venture Capital (SVC) Scheme which is operated by Enterprise Ireland (EI) and supports the supply of risk capital to Irish SMEs and start-ups, thereby contributing to their growth. This Scheme supports strategic manufacturing and internationally traded sectors such...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Funding (29 Apr 2025)

Peter Burke: Ireland is investing in the decarbonisation of industry to improve its competitiveness and reduce its emissions in order to meet Climate Action Plan targets. More than a third of the €300 million Environmental Aid fund I announced last year has already been allocated to support the client companies of Enterprise Ireland (EI) and IDA Ireland to reduce their industrial emissions between...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Data (29 Apr 2025)

Peter Burke: My Department and the agencies under its aegis fund and promote the development of Irish enterprise. It is also charged with promoting fair competition in the marketplace, protecting consumers and safeguarding workers. My Department serves a diverse range of target audiences, including:Entrepreneurs and Start-ups: Championing enterprise and fostering innovation.SMEs and Microenterprises:...

Written Answers — Department of Enterprise, Trade and Employment: Work Permits (29 Apr 2025)

Peter Burke: The Employment Permits Section of the Department informs me that a renewal employment permit application for the person concerned in the details supplied was submitted to them on the 17th of February 2025 and was placed in the processing queue on the 18th of February 2025. The application was refused on the 11th of March 2025 for the following reasons:The annual remuneration stated on the...

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