Written answers
Tuesday, 17 January 2017
Department of Jobs, Enterprise and Innovation
Departmental Funding
Paul Kehoe (Wexford, Fine Gael)
Link to this: Individually | In context | Oireachtas source
1639. To ask the Minister for Jobs, Enterprise and Innovation the value of capital investment projects and grants under way or approved for funding by her Department for County Wexford; and if she will make a statement on the matter. [41766/16]
Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
Link to this: Individually | In context | Oireachtas source
My Department is assisted in the delivery of its programmes by a number of offices and agencies. Enterprise Ireland, the IDA and the Local Enterprise Offices (LEOs) all play a vital role in promoting and implementing policies which support enterprise growth and job creation.
Enterprise Ireland has approximately 100 clients in County Wexford. Across the period 2015-2016 Enterprise Ireland invested in excess of €3 million in Wexford across a range of funding supports such as capital, employment, R&D, training and equity.
The following Wexford projects involving local and regional initiatives were approved for funding under Enterprise Ireland’s Competitive Calls in 2016:
| Project Name | Project Details | Status |
|---|---|---|
| Enniscorthy Enterprise and Technology Centre Limited | Creation of an Innovative Hub within the Enterprise Centre where innovative start-ups can work together and receive mentoring from the centre’s staff. | Ongoing |
| Project Name | Project Details | Status |
|---|---|---|
| ‘Take Off’ Programme | To aid a carefully selected cohort of client companies to deliver scalability with the assistance of an expert advisory panel Project partners: LEO Wexford (lead), Waterford, Laois, Wicklow, Carlow, Kildare, Tipperary, Kilkenny. | Ongoing |
| Ag Technology Project | To explore the potential for higher levels of innovation, entrepreneurship, and productivity in agricultural technology (AgTech). Project partners: LEO Tipperary (Lead), Waterford, Wexford, Carlow, Kilkenny, and D/AFM | Ongoing |
| Project Name | Status |
|---|---|
| ‘Take Off’ Programme | Ongoing |
| Ag Technology Project | Ongoing |
| South East Artisan Food Initiative | Ongoing |
| Creative Corridor | Ongoing |
Capital funding from my Department for Local Enterprise Development is allocated to the LEOs through the Centre of Excellence in Enterprise Ireland. This funding is allocated among the LEOs to support clients through the provision of grants (Measure 1) and soft supports (Measure 2), such as training and mentoring, and used to fund the Ireland’s Best Young Entrepreneur (IBYE) programme. Details of the overall funds allocated to LEO Wexford together with the value of Measure 1 projects approved and Measure 2 funding drawn down by LEO Wexford in 2016 are set out below:
| Total Capital Allocation (Measure 1) | Total Capital Allocation (Measure 2) | Additional Capital Allocation (if any)* | Total Approved (Measure 1) | Total Drawdown (Measure 2) |
|---|---|---|---|---|
| €225,105.00 | €209,727.00 | Measure 1 - €69,500.00 Measure 2 - €23,500.00 | €389,034 | €233,227.00 |
IDA Ireland is the principal agency charged with attracting foreign direct investment to Ireland and provides a wide range of supports and grants to both new and existing clients. Details of IDA announcements for Wexford since 2011 are as follows:
| Date of Announcement | Project Name | Project Details | Status |
|---|---|---|---|
| 2011 | Coca Cola (Atlantic Industries) | Opening of Wexford Manufacturing Facility | Ongoing |
| 2014 | Indos Financial Limited | Financial Services | Ongoing |
| 2014 | ClearStream Technologies | Medical Devices | Ongoing |
| 2015 | United Chemical Technologies (Through Connect Ireland) | European Manufacturing Facility | Ongoing |
| 2015 | CRI Wexford | Medical Devices | Ongoing |
No comments