Written answers

Tuesday, 20 June 2017

Department of Jobs, Enterprise and Innovation

Departmental Agencies Funding

Photo of Maurice QuinlivanMaurice Quinlivan (Limerick City, Sinn Fein)
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178. To ask the Minister for Jobs, Enterprise and Innovation the budget allocation of the IDA, Enterprise Ireland and InterTradeIreland for each of the years 2007 to 2016 and to date in 2017. [28169/17]

Photo of Frances FitzgeraldFrances Fitzgerald (Dublin Mid West, Fine Gael)
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The tables that follow show the annual funding provision made to Enterprise Ireland, IDA Ireland and Inter-Trade Ireland through my Department’s Vote for the period 2007 to date. The allocations were approved by the Houses of the Oireachtas and published in the Annual Revised Estimates Volumes for the years in question.

The 2010 allocations are taken from the Further Revised Estimates Volume that was undertaken that year to take into account the transfer of various functions to and from my Department’s Vote.

Enterprise Ireland

Current

€m
Capital 

€m
2007€115.550€156.352
2008€118.799€177.645

plus €5m in capital carryover
2009€109.974€220.736m

plus €4m in capital carryover
2010€100.648€197.393
2011€100.839€203.893
2012€93.229€202.500

plus €18.125m in capital carryover
2013€85.526€182.000
2014€80.873€159.600

plus €11m in capital carryover
2015€83.722€163.430

Plus €12m in capital carryover
2016€79.887€173.600
2017€84.502€185.000

IDA Ireland

Current

€m
Capital

€m
2007€42.223€98.520
2008€45.230€98.520
2009€41.877€73.594
2010€39.240€86.000

Plus €5m in capital carryover
2011€38.577€86.000
2012€35.822€86.000
2013€38.447€79.000

Plus €7m in capital carryover
2014€38.607€89.000

Plus €3m in capital carryover
2015€40.316€90.000

Plus €5m in capital carryover

Plus €21m in Supplementary Estimate, December 2015
2016€41.680€112.000

Plus €10m in capital  carryover
2017€42.264€137.000

Inter-Trade Ireland

Current

€m
Capital

€m 
2007€2.726€9.166
2008€2.968€7.714

Plus €1.2m in capital carryover 
2009€2.499€6.000
2010€2.037€5.811
2011€2.041€6.000
2012€2.009€6.000
2013€2.085€6.000
2014€2.002€5.760
2015€1.924€5.530
2016€1.935€5.530
2017€2.265€5.695

The Deputy should note that the funding provision to Enterprise Ireland covers their two subheads on my Department’s Vote, Subheads A7 and B4, which span general supports to indigenous firms and for research and development/innovation supports.

The table above does not capture other Exchequer funding provided over the period to Enterprise Ireland from the Votes of the Department of Agriculture, Food and the Marine and the Department of Communication, Climate Action and Environment.

Enterprise Ireland and IDA Ireland are also provided with funding from the National Training Fund (NTF).

The operations of Enterprise Ireland and IDA Ireland are also supported through the generation, retention and use of Agency Own Resource Income, which is subject to annual sanction by the Minister for Public Expenditure and Reform.

The funding provision to Inter-Trade Ireland is provided on a North-South basis and annual allocations are finalised in conjunction with the Northern Administration. Over the period some cuts were imposed jointly by the Finance Departments North and South in certain years. This meant that the allocation provided through my Department’s Vote had to be adjusted proportionally given the joint-funding arrangement in place.  In addition, the Northern Irish administration imposed a unilateral cut in 2015.  Also, as the working currency of the Body is Sterling by virtue of being based in Newry, Co. Down, other adjustments were necessary in respect of some years, to take account of exchange rate fluctuations between the Euro and Sterling.

The respective agency expenditure drawdown from my Department’s Vote to the end of May 2017 is set out in the table below.

2017 Expenditure Year to Date (end May 2017)CurrentCapital
Enterprise Ireland €31.91 million€46.64 million
IDA Ireland €15.91 million€25.50 million
InterTrade Ireland€0.74 million€1.64 million

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