David Stanton (Cork East, Fine Gael)
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Question 198: To ask the Tánaiste and Minister for Finance the proposals and their cost that have been submitted to his Department under the Gateways Innovation Fund; when he expects the evaluation and decision-making process to be completed in relation to each of these proposals; and if he will make a statement on the matter. [6853/08]

Brian Cowen (Laois-Offaly, Fianna Fail)
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Following the Call for Proposals under the Gateways Innovation Fund (GIF), which has an allocation of €300m, proposals from all nine NSS gateways (Cork; Dublin; Dundalk; Galway; Letterkenny; Limerick/Shannon; Athlone/Tullamore/Mullingar; Sligo; and Waterford) were received by the closing date of 15th November 2007. The total funding sought by the Gateways under the GIF is about €720m and the proposals are currently being evaluated against the criteria set down in the Call for Proposals by the GIF Management Committee. The Management Committee consists of representatives of the Department of Finance and the Department of the Environment, Heritage and Local Government (with appropriate input from other Departments and agencies as required). Goodbody Economic Consultants have been commissioned to assist in the evaluation process. The Committee will, in due course, report to and make recommendations to the Tánaiste and Minister for Finance and the Minister for the Environment, Heritage and Local Government who will then bring their joint recommendations to Government.