Denis Naughten (Longford-Roscommon, Fine Gael)
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Question 401: To ask the Minister for Enterprise, Trade and Employment the number of applications received under the research, technology and innovation grant by Enterprise Ireland in 2005; the number of applications approved in 2005; the amount approved; the budget for allocation in 2006; and if he will make a statement on the matter. [5086/06]

Micheál Martin (Cork South Central, Fianna Fail)
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The RTI scheme is managed by Enterprise Ireland, on behalf of its clients and those of IDA Ireland, Shannon Development and Údarás na Gaeltachta. It supports commercially focused, industry-led projects in product and process development. In 2005, 153 applications were received for the scheme, of which 150 were supported. The total value of approvals in 2005 was €30.6 million and it is expected to exceed €32 million in 2006. The budget for grant payments in 2006 is €23 million.