Dara Calleary (Mayo, Fianna Fail)
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251. To ask the Minister for Jobs, Enterprise and Innovation the total amount of investment made that is actually transferred to companies instead of commitments, by Industrial Development Agency Ireland in its clients' companies in each year from 2011 to 2014 inclusive; and if he will make a statement on the matter. [1185/15]

Dara Calleary (Mayo, Fianna Fail)
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252. To ask the Minister for Jobs, Enterprise and Innovation the total amount of moneys committed by Industrial Development Agency Ireland to client companies but not drawn down in each year from 2011 to 2014 inclusive; the total amount of moneys recouped by IDA Ireland from client companies in those years; and if he will make a statement on the matter. [1186/15]

Richard Bruton (Dublin North Central, Fine Gael)
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I propose to take Questions Nos. 251 and 252 together.

IDA Ireland has informed me that for reasons of commercial sensitivity and client confidentiality it does not release information on grants approvals. Information on grant refunds and grant payments is made available by the Agency.

A grant may be approved in a given year but, once the relevant conditions of the grant agreement have been complied with, it is a matter for the individual company when it chooses to draw down the grant. It would therefore not be possible to provide a figure on a yearly basis of grants that have been awarded but not drawn down.

Refunds to IDA Ireland of grant payments made occur where companies have either closed or are not in compliance with conditions set out in their Grant Agreement. The attached tabular statement sets out the amounts of grants paid and grant refunds for the years 2011 to 2013 inclusive. Figures for 2014 will not be available until after the accounts have been signed off on by the Comptroller and Auditor General later in the year.

Table showing the amount of grants paid by IDA Ireland and refunded to the agency in each of the years 2011 to 2013 inclusive