Written answers

Tuesday, 2 February 2010

Department of Enterprise, Trade and Employment

Enterprise Stabilisation Fund

12:00 pm

Photo of Kathleen LynchKathleen Lynch (Cork North Central, Labour)
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Question 158: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the number of companies that have applied to date in 2010 for assistance under the €100 million enterprise stabilisation fund; the number of applications accepted; the amount paid out to date in 2010; and if she will make a statement on the matter. [4837/10]

Photo of Mary CoughlanMary Coughlan (Donegal South West, Fianna Fail)
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The provision of grant assistance to individual companies is a matter for the development agency or body concerned, and not one in which I have any function.

However, I have been informed by Enterprise Ireland, that 5 applications have been received to date in 2010 of which 3 companies have been approved for funding under the Enterprise Stabilisation Fund.

To date, no monies for 2010 approvals have been paid out.

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