Tuesday, 2 February 2016
Department of Jobs, Enterprise and Innovation
213. To ask the Minister for Jobs, Enterprise and Innovation to set down in tabular form the number of closures of companies supported by Enterprise Ireland in County Cavan and County Monaghan in each of the past ten years; and if he will make a statement on the matter. [4374/16]
Enterprise Ireland does not capture details relating to the closures of companies in the form required by the Deputy. Companies leave the Enterprise Ireland portfolio for a number of reasons and are therefore not captured by their surveys. Where the Agency has an investment or where there is a grant liability involved, this is followed up as appropriate through any receivership process. Company development advisors are engaged with individual companies and work with them on an ongoing basis to ensure their client companies are maximising the Enterprise Ireland company offering.
The companies that Enterprise Ireland works with are a vital source of employment, both direct and indirect, in every county in Ireland. Enterprise Ireland works in close concert with partner development agencies, particularly to respond to incidences with larger companies where a significant number of jobs are at risk. The objective in these circumstances is to identify all opportunities to maximise the number of jobs maintained, for example through support for spin-out start-ups, Management Buy Outs, or commercial partnering. Taskforces comprising relevant personnel from the Development Agencies and other key stakeholders are established in these cases.
It is also important that in the event that a company in serious financial difficulty downsizes or closes, a range of interventions in other government policy areas can be brought to bear e.g. Workplace Relations Commission, Redundancy Payments Scheme, Labour Activation/Training etc. which seek to ameliorate the impact of job losses on the people concerned.