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Joint Oireachtas Committee on Jobs, Enterprise and Innovation: IBEC and Science Foundation Ireland: Discussion (3 May 2023)

...At a workplace level, this means the average spend on the NTF for companies per euro of wages has increased by 42% over the last four years. For 2023, the income of the NTF is forecast at €1,020 million, with expenditure forecast at €900 million, giving rise to an expected annual surplus of €120 million. This, in turn, will increase the accumulated surplus to...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: IBEC and Science Foundation Ireland: Discussion (3 May 2023)

...education. As things have evolved, with the buoyancy in the labour market coupled with the increase, the surplus has accrued. What we now also have is a spending gap of approximately €120 million per annum. There is an error in my paper so I hope the clerk will allow me to resubmit it and correct it. The spending gap is adding to the surplus year on year. We are now in what I...

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