Written answers

Tuesday, 4 July 2006

Department of Enterprise, Trade and Employment

Departmental Expenditure

12:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)
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Question 393: To ask the Minister for Enterprise, Trade and Employment the proposed spending envelopes approved and set out by his Department for the foreseeable future; the broad objectives to be achieved by spending of such financial envelopes; the timescale set out for achievement of targets; and if he will make a statement on the matter. [25968/06]

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)
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In accordance with the provisions of the Capital Investment Framework, a capital spending envelope for the five year period 2006-2010 has been approved for my Department by the Minister for Finance. The total value of the five year capital spending envelope is €2,494.1 million. This funding relates to capital expenditure programmes operated by a number of my Department's agencies. The following table sets out the full allocation to each agency/programme over the period 2006-2010:

Agency/programme 2006 2007 2008 2009 2010 Total
€'000 €'000 €'000 €'000 €'000 €'000
InterTrade Ireland (Business support) 6,611 7,309 7,714 8,224 8,700 38,558
IDA (Grants to Industry) 84,000 99,000 103,000 106,000 95,000 487,000
IDA (Building Operations) 17,300 3,400 3,500 3,500 3,500 31,200
Enterprise Ireland (Grants to Industry) 48,300 49,300 48,800 49,600 51,100 247,100
Enterprise Ireland (Grant for Capital requirements) 3,900 3,400 3,400 3,400 3,400 17,500
Shannon Development (Grants to Industry) 3,300 3,000 3,050 2,000 1,500 12,850
Science and Technology and Innovation Programmes 232,865 250,322 278,032 303,446 339,300 1,403,965
City and County Enterprise Boards (Grants for Enterprise Development) 17,600 18,022 18,454 19,376 20,000 93,452
National Standards Authority of Ireland 834 742 550 1,558 1,500 5,184
FÁS 30,390 25,505 12,500 12,896 16,000 97,291
Decentralisation projects 20,000 20,000 20,000 60,000
Total demand 445,100 480,000 499,000 530,000 540,000 2,494,100

The majority of the funding will be used to promote enterprise development and growth through employment grants, training grants, management development grants, grants for fixed assets and grants for research, development and innovation. Funding will also be used by IDA Ireland to support the provision of high specification property solutions as part of its strategy to continue to attract Foreign Direct Investment to Ireland. The allocation to the National Standards Authority of Ireland will fund the purchase of technical equipment, laboratory equipment, vehicles, accommodation, IT requirements and an extension to the agency's Limerick office. Funding to FÁS will provide for the refurbishment of its training centres and the purchase and replacement of training equipment.

The 2006 allocation to FÁS includes a sum of €4 million in respect of the agency's decentralisation programme. A further €60 million is provided for subsequent years of the capital spending envelope for decentralisation costs relating to FÁS, Enterprise Ireland, the Health and Safety Authority and the National Standards Authority of Ireland. It is expected that the funding for Science, Technology and Innovation programmes set out above will be increased in the course of the annual Estimates campaigns to support the Strategy for Science, Technology and Innovation 2006-2013 which was recently published by the Government.

Most of the capital expenditure programmes administered by my Department's agencies involve grant schemes which operate year-on-year. I will set out the main targets to be achieved under these programmes in the presentation of my Department's annual Estimate to the Select Committee on Enterprise and Small Business each year.

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