Written answers

Thursday, 28 January 2016

Department of Jobs, Enterprise and Innovation

Departmental Funding

Photo of Fergus O'DowdFergus O'Dowd (Louth, Fine Gael)
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129. To ask the Minister for Jobs, Enterprise and Innovation the funding he allocated and the funding spent on capital projects and other initiatives in the constituency of Louth East Meath by project and initiative, by completion date and by cost for the past five years; and if he will make a statement on the matter. [3564/16]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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Under the IDA Ireland Strategy entitled “Winning” announced on 25 February 2015, it was proposed that one of the new planned Advanced Building Solutions would be on the IDA Dundalk Business and Technology Park. The design and planning process commenced in Quarter 4 2015 and the building is due for completion Quarter 1 2017. The total amounts of payments made by IDA Ireland to its client companies in Counties Louth and Meath over the 5 year period 2010-2014 were €10,253,765 for Louth and€2,604,501 for Meath.

The total amounts of Capital payments made by IDA Ireland to its client companies in Counties Louth and Meath for the same period were €3,058,074 for Louth and €63,362 for Meath.

Enterprise Ireland (EI) makes payments to companies and ‘infrastructural clients’. For the period 2011-2015, the total amounts of payments made by Enterprise Ireland (EI) to its client companies were:

CountyAmount
Louth€10,893,863
Meath€9,207,145

Total EI payments to its infrastructural clients for the same period (2011-2015) were:

CountyAmount
Louth€911,724
Meath€50,000

Summaries of payments made by IDA Ireland and Enterprise Ireland (including EI infrastructure payments) are overleaf. Please note that information is provided by the agencies on a county and not a constituency basis.

Each year, Science Foundation Ireland (SFI) allocates in the region of €150-€160 million to €160 million of research funding to researchers across Ireland’s higher education system based on open, internationally peer-reviewed calls for proposals. SFI research awards are typically multi-annual awards (i.e. drawn down over a period of 2 to 5 years depending on the nature of the Call). The total grants awarded to Dundalk IT to 31 December 2015 is €1,695,000.

IDA Ireland Payments to Clients per County Summary 2010-2014

County20102011201220132014Total
Louth€347,207€489,051€2,809,400€2,935,800€3,672,307€10,253,765
Meath€524,671€386,670€152,240€1,540,920€0€2,604,501

Enterprise Ireland Payments to Clients per County Summary 2011-2015

County20112012201320142015Total
Louth€2,233,945.69€2,558,167.19€2,146,404.61€1,595,940.06€2,359,406.23€10,893,863.78
Meath€1,710,047.55€1,092,748.70€1,453,726.89€2,673,731.24€2,276,891.58€9,207,145.96
Grand Total€3,946,004€3,652,927€3,602,144€4,271,685€4,638,312€20,101,009.74

Source: Enterprise Ireland Cognos System ran 27th January 2016. Note the above payments exclude payments to infrastructural clients, Shannon Free Zone Transfer Clients, Incubation Centres and Employment Subsidy Scheme recipients.

Enterprise Ireland Infrastructure Summary 2011-2015

County20112012201320142015Total
Louth€170,040.21€375,959.79€271,268.15€67,907.87€26,547.98€911,724.00
Meath€0.00€25,000.00€0.00€25,000.00€0.00€50,000.00
Grand Total€170,040.21€400,959.79€271,268.15€92,907.87€26,547.98€961,724.00

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