Written answers

Thursday, 7 June 2012

Department of Enterprise, Trade and Innovation

Job Creation

8:00 pm

Photo of Derek KeatingDerek Keating (Dublin Mid West, Fine Gael)
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Question 21: To ask the Minister for Jobs, Enterprise and Innovation if he will provide in tabular form the number of new jobs that were announced in the past 12 months; the dates on which they were announced; the cost to the State of funding or grant aiding these companies in green field set ups; and if he will make a statement on the matter. [27305/12]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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The figures in respect of jobs in Enterprise Development agency-supported companies and those supported by the County and City Enterprise Boards (CEBs) are compiled in the Forfás Annual Employment Survey and the CEB Annual Employment Survey respectively on an annualised basis. The figures in respect of jobs created in 2011 are set out in Table 1 accompanying this reply.

In 2011, IDA Ireland made approximately 62 announcements with the potential to create a total of 7,047 jobs. The total amount of employment grants paid for New Name companies in 2011 was €3,856,077. So far this year, IDA Ireland has announced 44 investments for Ireland, 36 of which have the potential to create over 5,000 new jobs. It should be noted however that jobs announced are typically created over a period of up to three to five years approximately. Due to the volume of detail involved it is not possible to furnish in this reply full details of investments announced by IDA. However, the Deputy may wish to access them directly on the agency's website http://www.idaireland.com

IDA's primary responsibility is to attract foreign direct investment to Ireland and to grow and expand those companies once they have established operations in Ireland. IDA Ireland's Strategy, Horizon 2020, sets out its national targets to 2014 for direct job creation in the Foreign Direct Investment (FDI) sector. These targets include the creation of 62,000 direct jobs in 640 investment projects over the period, which could result in an additional 105,000 jobs overall in the economy. 50% of those investments will be targeted for locations outside of Dublin & Cork.

Enterprise Ireland's objective is to drive the growth of client companies in overseas markets which in turn will support existing jobs and job creation in Ireland. Enterprise Ireland (EI) partners with entrepreneurs, Irish businesses, and the research and investment communities to develop Ireland's international trade, innovation, leadership and competitiveness. The ultimate goal is increased exports, employment and prosperity in Ireland. Details of funding to client companies is set out in the agency's annual report which will be published later this month.

EI actively works with viable companies to help them to both sustain and create jobs. A total of more than 162,000 people (full and part-time) directly rely on Enterprise Ireland client companies for their employment. Where a client company wishes to publicly announce new jobs created, Enterprise Ireland can facilitate this announcement by issuing a press release on the development. Table 2 accompanying this reply provides information on the jobs announcements made by Enterprise Ireland between May 2011 and end of May 2012.

The role of the County and City Enterprise Boards (CEBs) is to develop indigenous potential and stimulate economic activity at a local level through the provision of financial and technical support to small and micro-enterprises. Priority is given to enterprises in the manufacturing or internationally traded services sector.

CEBs are funded through an Exchequer Allocation each year. In 2011 the allocation for Capital expenditure (direct grants and "soft supports" to micro-enterprises) was €15m. This Allocation has been maintained for 2012.

Table 1

No. of Jobs Created in 2011 in Companies supported by the Enterprise Development agencies and the County and City Enterprise Boards

Enterprise IrelandIDA IrelandShannon DevelopmentCounty & City Enterprise Boards
9,03811,5944067,253

Table 2

Job Announcements/Enterprise Ireland Press Releases: May 2011 – End of May 2012
MonthNumber of jobsCompany name
12/05/201150Rockboro Analytics, Cork
09/06/2011150Southwestern, Clonakilty, Co. Cork
15/07/2011145C&F Green Energy, Athenry, Co.Galway
29/08/201125Solanotech, Athlone, Co. Westmeath
02/09/201110Fort Technologies, Dublin
07/10/201124/10/20112579Sureskills , DublinVistamed, Carrick-On-Shannon, Co Leitrim
21/11/201192AIB Start-up Accelerator Fund invests in five companies
19/12/201191Bord na Mona, Newbridge, Co.Kildare
13/01/201216/01/201216/01/201210/01/2012250304512Eishtec, WaterfordSysnet Global Solutions, DublinOpenjaw, DublinBlueface, Dublin
29/02/20121,600Total jobs associated with total HPSU approvals in 2011
17/05/201237Copperfasten, Co Galway
25/05/201240Technopath, Ballina, Co. Tipperary

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