Written answers

Tuesday, 16 November 2010

Department of Enterprise, Trade and Innovation

Job Creation

9:00 am

Photo of John DeasyJohn Deasy (Waterford, Fine Gael)
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Question 388: To ask the Minister for Enterprise, Trade and Innovation the number of businesses in Waterford City that have been approved for capital grants by the Industrial Development Authority Ireland in each of the past three years and to date in 2010; the amount of funding involved; the number of jobs created by this funding; and if he will make a statement on the matter. [42416/10]

Photo of Batt O'KeeffeBatt O'Keeffe (Cork North West, Fianna Fail)
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I am informed by the IDA that in the period 2007 and to date in 2010 four companies in Waterford City have been approved for capital grant assistance. Grants paid in a particular year do not necessarily refer to approvals in the same year as it is up to the individual company when they choose to draw down the grant. Due to client confidentiality it is not possible to divulge details of grants paid to individual companies but I am happy to say that in the period from 2007 to 2010 Capital Grant payments to IDA supported companies in Waterford City and County amounted to €5,000,000.

The number of jobs created in an individual company resulting from a grant approval is confidential. However, the Forfás Annual Employment Survey reports on job gains and losses in companies that are supported by the industrial development agencies. Data is compiled on an annualized basis and is aggregated at county level. It is therefore not possible to provide information for individual locations throughout the country. The survey shows that in the three-year period, 2007 to 2009 inclusive, there were a total of 1,235 new jobs created in IDA supported companies in Waterford City and County. Details of the number of new jobs created in each of those years are set out in the attached tabular statement. Figures for 2010 are not yet available.

Table showing number of jobs created in IDA supported companies in Waterford City and County from 2007 to 2009

2007183
2008483
2009569
Total1,235

Photo of John DeasyJohn Deasy (Waterford, Fine Gael)
Link to this: Individually | In context

Question 389: To ask the Minister for Enterprise, Trade and Innovation the number of businesses in Waterford City that have been approved for employment grants by the Industrial Development Authority Ireland in each of the past three years and to date in 2010; the amount of funding involved; the number of jobs created by this funding; and if he will make a statement on the matter. [42417/10]

Photo of Batt O'KeeffeBatt O'Keeffe (Cork North West, Fianna Fail)
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I have been informed by IDA that in the period 2007 to date in 2010 three companies in Waterford City have been approved for Employment Grant Assistance. Grants paid in a particular year do not necessarily refer to approvals in the same year as it is up to the individual company when they choose to draw down the grant. Due to client confidentiality it is not possible to divulge details of grants paid to individual companies but I am happy to say that in the period from 2007 to 2010 Employment grant payments to IDA supported companies in Waterford City amounted to €369,000.

The number of jobs created in an individual company resulting from a grant approval is confidential. However, the Forfás Annual Employment Survey reports on job gains and losses in companies that are supported by the industrial development agencies. Data is compiled on an annualized basis and is aggregated at county level. It is therefore not possible to provide information for individual locations throughout the country. The survey shows that in the three-year period, 2007 to 2009 inclusive, there were a total of 1,235 new jobs created in IDA supported companies in Waterford City and County. Details of the number of new jobs created in each of those years are set out in the attached tabular statement. Figures for 2010 are not yet available.

Table showing number of jobs created in IDA supported companies in Waterford City and County from 2007 to 2009

2007183
2008483
2009569
Total1,235

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