Written answers

Thursday, 9 February 2017

Department of Jobs, Enterprise and Innovation

Departmental Agencies Funding

Photo of Tommy BroughanTommy Broughan (Dublin Bay North, Independent)
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20. To ask the Minister for Jobs, Enterprise and Innovation the extra resources which will be provided to IDA Ireland and Enterprise Ireland to 2021 to cover the pre and post Brexit periods; the discussions which are taking place in this regard; and if she will make a statement on the matter. [6182/17]

Photo of Mary Mitchell O'ConnorMary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
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As part of 2017 Budget negotiations, I secured a €100 million increase in funding for my Department by year end 2016 and for 2017.

For 2017, I have secured a 10% increase in Capital funding to bring it to  €555 million.

This is the Department’s largest ever capital allocation.

This increase will, amongst other things, help the Enterprise Agencies to proactively respond to the evolving Brexit situation.

The Programme for a Partnership Government commits to providing an additional €500 million to the Enterprise Agencies to support Government’s Regional jobs plan to 2020.

Our aim is to deliver an extra 200,000 jobs by 2020, of which 135,000 will be in the regions.  

The Deputy will be aware that there is a whole of Government approach in place focusing on Brexit. My Department and its agencies are to the forefront of this approach.

The Deputy will appreciate that the future resources available to my Department out to 2021 will be dependent on each annual Budget process.

Nonetheless, I intend to use the opportunity of the “Spending” and “Mid-Term Capital” Reviews currently being undertaken by Government, to ensure that the Enterprise Agencies are sufficiently resourced as part of Government’s overall Brexit response.

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