Written answers

Tuesday, 23 November 2010

Department of Enterprise, Trade and Innovation

Industrial Development

9:00 am

Photo of John DeasyJohn Deasy (Waterford, Fine Gael)
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Question 346: To ask the Minister for Enterprise, Trade and Innovation the number of businesses in Dungarvan, County Waterford that applied for capital grants from the Industrial Development Agency in each of the past three years and to date in 2010; and if he will make a statement on the matter. [43895/10]

Photo of John DeasyJohn Deasy (Waterford, Fine Gael)
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Question 348: To ask the Minister for Enterprise, Trade and Innovation the number of businesses in Dungarvan, County Waterford that applied for employment grants from the Industrial Development Agency in each of the past three years and to date in 2010; and if he will make a statement on the matter. [43897/10]

Photo of Batt O'KeeffeBatt O'Keeffe (Cork North West, Fianna Fail)
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I propose to take Questions Nos. 346 and 348 together.

I am informed by IDA Ireland that there has been no payments of Capital grants in Dungarvan in the past three years and to date in 2010. A grant can be approved in any one year, however, it is up to the individual company when they choose to drawn down the grant. It is important also to note that grants paid in a particular year do not necessarily refer to approvals in the same year.

I am also informed by IDA Ireland that one Employment Grant has been paid in Dungarvan in the past three years and to date in 2010, amounting to €216,000. As with Capital Grants, grants paid in a particular year do not necessarily refer to approvals in the same year.

Photo of John DeasyJohn Deasy (Waterford, Fine Gael)
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Question 347: To ask the Minister for Enterprise, Trade and Innovation the number of businesses in Waterford city that applied for capital grants from the Industrial Development Agency in each of the past three years and to date in 2010; and if he will make a statement on the matter. [43896/10]

Photo of John DeasyJohn Deasy (Waterford, Fine Gael)
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Question 349: To ask the Minister for Enterprise, Trade and Innovation the number of businesses in Waterford city that applied for employment grants from the Industrial Development Agency in each of the past three years and to date in 2010; and if he will make a statement on the matter. [43898/10]

Photo of Batt O'KeeffeBatt O'Keeffe (Cork North West, Fianna Fail)
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I propose to take Questions Nos. 347 and 349 together.

When IDA approves grant assistance to a client company, it enters into a legal agreement with that company. That agreement sets out, inter alia, conditions governing grant payment including the milestones which have to be reached before grant payments can be drawn down. A grant can be approved in any one year, however it is up to the individual company to choose when to draw down the grant. Grants paid in any one year do not necessarily refer to the approvals in that year.

I am informed by the IDA that in the period from the beginning of 2007 to date in 2010, a total of €5,000,000 in capital grants was paid to one IDA supported company in Waterford City. Employment grants totalling €6,707,398 were paid to 10 companies in Waterford city in the same period.

Photo of John DeasyJohn Deasy (Waterford, Fine Gael)
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Question 350: To ask the Minister for Enterprise, Trade and Innovation the number of businesses nationally that applied for capital grants from the Industrial Development Agency in each of the past three years and to date in 2010; the number of those businesses that were given capital grants by the IDA in that period; and if he will make a statement on the matter. [43899/10]

Photo of John DeasyJohn Deasy (Waterford, Fine Gael)
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Question 351: To ask the Minister for Enterprise, Trade and Innovation the number of businesses nationally that applied for employment grants from the Industrial Development Agency in each of the past three years and to date in 2010; the number of those businesses that were given employment grants by the IDA in that period; and if he will make a statement on the matter. [43900/10]

Photo of Batt O'KeeffeBatt O'Keeffe (Cork North West, Fianna Fail)
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I propose to take Question Nos. 350 and 351 together.

When IDA approves grant assistance to a client company, it enters into a legal agreement with that company. That agreement sets out, inter alia, conditions governing grant payment including the milestones which have to be reached before grant payments can be drawn down. A grant can be approved in any one year, however it is up to the individual company to choose when to draw down the grant. Grants paid in any one year do not necessarily refer to the approvals in that year.

I am informed by IDA that in the period from the beginning of 2007to date in 2010, capital grant payments totaling €21,172,424 were made to 14 IDA supported companies throughout the country. In the same period employment grants totaling €68,516,597 were paid by IDA to 133 companies.

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