John Deasy (Waterford, Fine Gael)
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Question 142: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the number of businesses in Waterford City and county that have been approved for funding under the enterprise stabilisation fund; the amount of funding involved; the number of jobs created by this funding; and if she will make a statement on the matter. [46003/09]

Mary Coughlan (Donegal South West, Fianna Fail)
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The Government approved an amount of €100m in total for the Enterprise Stabilisation Fund for the years 2009 and 2010. €50m has been included in the estimate of my Department for this purpose in 2009. Under the scheme, Enterprise Ireland may provide up to €500,000 to viable companies with robust business models that are facing difficulties as a result of the current economic environment.

To date, there have been 2 successful companies, employing 82 people, approved for funding under the Enterprise Stabilisation Fund from Waterford City and County, totalling €940,000.