Results 6,641-6,660 of 20,057 for speaker:Brian Stanley
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: During any part of the meeting.
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: Thank you. I call Deputy Catherine Murphy.
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: I thank Deputy Catherine Murphy and call Deputy O'Connor.
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: Deputy Devlin is online. If he uses his raise hand signal, I can let him in. I will ask about the cost of new jobs from Enterprise Ireland's point of view. In 2021, there were 7,400 new jobs and a net gain of 2,999. When it is counted as the net gain, the cost per job, I notice, has tumbled down to just over €3,000 per job from I think around €12,000. Is Enterprise...
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: Enterprise Ireland is counting jobs sustained over a seven-year period.
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: What is the survival rate percentage of companies that EI has invested in over a seven-year period? I understand the logic of doing it over a seven-year period.
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: Even an estimate of the figure. What are we looking at? From the State’s point of view, it is significant investment. Everyone is wondering and EI knows that. It is risky and we understand that. EI is competing and it is fairly vicious out there for new start-up companies. Is it generally, for example, a 70% survival rate or a 40% survival rate?
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: It is a much higher percentage with smaller, micro industries with local enterprise offices, LEOs.
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: At early stages.
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: Over a period of time. Is that seven years?
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: On environmental, social and governance, ESG, investments, that is, on environmental and social good investments, is that a factor when EI is assisting companies or new start-ups or investing further money in companies perhaps that are at a certain stage but need to expand or need further development? Does EI examine that part of it? Does it look the environmental issues and what the...
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: What involvement does Enterprise Ireland have with the semi-State companies? I am thinking of Bord na Móna in particular. There is somersaulting involved in having to innovate and change from being a massive carbon producer to becoming a massive carbon solution company. What involvement does Enterprise Ireland have with Bord na Móna, a very important semi-State company?
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: Is Enterprise Ireland providing funding to Bord na Móna? It was the case that the lock was nearly being put on the gate. Fortunately, that has been turned around in that Bord na Móna has grasped this and is trying to innovate, develop and expand into a whole range of areas, including hydrogen, as the witnesses will probably know. Does Enterprise Ireland provide direct funding to...
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: Thank you for that, Dr. Gibbons. Mr. Sherry, do you wish to add to that in respect of Bord na Móna in particular?
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: The question I asked, to which I have not yet got an answer, is whether Enterprise Ireland provides the funding directly to Bord na Móna or attached or subsidiary companies.
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: Is that because of state aid rules?
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: That would not stop Enterprise Ireland from providing financial assistance to subsidiaries or attached companies.
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: I am talking about related companies.
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: Enterprise Ireland can with those-----
- Public Accounts Committee: 2021 Financial Statements of Enterprise Ireland: Discussion (23 Mar 2023)
Brian Stanley: Has Enterprise Ireland done so? That is what I want to know.