Written answers

Wednesday, 21 June 2006

Department of Enterprise, Trade and Employment

Economic Competitiveness

9:00 pm

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
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Question 48: To ask the Minister for Enterprise, Trade and Employment the way in which Ireland can do more to encourage entrepreneurism amongst young people; and if he will make a statement on the matter. [23899/06]

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)
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The value of entrepreneurship amongst young people and enterprise education in contributing to the future strong economic development of this country has been acknowledged in two recent significant policy Reports i.e. the Report of the Enterprise Strategy Group (ESG) and Report of the Small Business Forum (SBF). Both Reports have outlined a recommended strategic approach to enterprise education going forward and I have asked my Department to examine, in consultation with the Department of Education and Science, how we can best progress these recommendations.

My Department is, however, already involved in a number of initiatives to promote entrepreneurship amongst young people. State funding for enterprise promotion, including the promotion of enterprise within the education system, is primarily channelled through the relevant State Agencies.

In this regard the County and City Enterprise Boards (CEBs) have a well-established role in the delivery of enterprise education. As part of their enterprise promotion activities the CEBs support teachers in the delivery of enterprise programmes designed to give students practical experience of setting up and running their own business. The annual 'Student Enterprise Awards' (SEA) scheme, organised by the CEBs, involves some 10,000 second-level students each year. The activities of the CEBs in this area already represent a considerable commitment of resources and expenditure of public funds.

In addition Enterprise Ireland is actively involved with all Universities and Institutes of Technology in fostering entrepreneurship amongst the student population and particularly in supporting the translation of research activity into commercial enterprises through its Student Enterprise Awards. Enterprise Ireland is also involved in a number of other enterprise education initiatives such as the 'Campus Companies Initiative' and the 'Innovation Partnerships Scheme'. Under this latter scheme financial support is provided to encourage companies to undertake research projects with Irish universities and Institutes of Technology. Enterprise Ireland is also working with Institutes of Technology to develop on-campus incubation centres to facilitate the generation of new high growth companies and Institutes of Technology will receive over €380m for the establishment of business incubation centres.

There are also, of course, a number of non-State organisations involved in enterprise education whose focus is different to that of the CEBs in terms of approach and target audience. As part of the future approach to enterprise education we will need to explore options for closer co-operation between all the players so as to ensure that we can deliver an enterprise education that is integrated and complementary.

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