Written answers
Wednesday, 13 February 2013
Department of Justice and Equality
Immigration Policy
Peadar Tóibín (Meath West, Sinn Fein)
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To ask the Minister for Justice and Equality if he will detail the number of applications under the Immigrant Investor Bond and the Start-up Entrepreneur Programme since the programmes were opened to application; the number of pending applications; the number of successful applications; and the value of investments made under each programme. [7636/13]
Alan Shatter (Dublin South, Fine Gael)
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Since the launch of the Immigrant Investor Programme and the Start-up Entrepreneur Programme in April 2012, the Evaluation Committee have examined nineteen applications under the Start-up Entrepreneur Programme and five applications under the Immigrant Investor Programme. Approval has been given to eleven applications under the Start-up Entrepreneur Programme and three applications under the Immigrant Investor Programme. The Committee has requested further information from two applicants under the Immigrant Investor Programme. The fourteen proposals which have been approved during 2012 represent an investment commitment in Ireland of over €10.4 million and are projected to protect over 80 existing jobs and create 190 jobs in new enterprises over the next 3 years.
My officials inform me that since the last Evaluation Committee meeting in November 2013, one further application has been received under the Start-up Entrepreneur Programme and four applications have been received under the Immigrant Investor Programme.
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