Written answers

Thursday, 25 October 2018

Department of Jobs, Enterprise and Innovation

Departmental Budgets

Photo of Barry CowenBarry Cowen (Offaly, Fianna Fail)
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211. To ask the Minister for Jobs, Enterprise and Innovation the breakdown of the €251,945,000 capital allocation in jobs and enterprise development (details supplied) within her Department for 2019 by specific project; the projects that will be commenced and completed in 2019, in tabular form; and if she will make a statement on the matter. [44511/18]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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The Expenditure Report 2019 which accompanied the Budget 2019 Statement by my colleague the Minister for Finance set out my Department’s summary capital expenditure ceiling for next year. The proposed gross allocation of €950.2million for my Department in 2019, as set out in the Report, includes an increase in our capital funding from €555m to €620million in 2019. This represents an increase of 11.7% on Capital from 2018.

The capital allocation of €251.945million referred to by the Deputy relates to the 2019 allocation for my Department’s Jobs and Enterprise Development Programme. The 2019 allocation represents an increase of 10.9% on the 2018 allocation of €227.2m for this Programme.

Whilst the definitive 2019 capital allocations for each of the Subheads in the Department’s Jobs and Enterprise Development Programme will only be determined as part of the Revised Estimates Process, the additional funding being provided in Budget 2019 will enable me to increase the funding for Jobs and Enterprise Development, including through providing

- the initial funding to launch the new €300m Future Growth Loan scheme which addresses a specific lack of availability of finance to businesses, particularly SMEs, of loan terms longer than 5-7 years;

- €1m in additional funding for Intertrade Ireland which will enable it to meet the growing demand from businesses in border regions in its existing programmes, develop initiatives and support firms affected by Brexit;

- €5m in additional funding to the Local Enterprise Offices to enable them to expand the range of supports to indigenous enterprises across the various sectors, including through the provision of a new customs training programme for all businesses, exporters and importers, to be rolled out in conjunction with Enterprise Ireland;

- €10m in additional funding for the IDA's Regional Property Programme;

- €2.75m in funding to support a Regional Innovation and Technology Clusters Programme targeted at SMEs thereby building enterprise capability across the regions

The provision of this additional capital funding demonstrates the Government’s determination to continue to support businesses through delivering jobs and enterprise development in all regions of the country in these challenging times.

Photo of Barry CowenBarry Cowen (Offaly, Fianna Fail)
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212. To ask the Minister for Jobs, Enterprise and Innovation the breakdown of the €368,055,000 capital allocation in innovation (details supplied) within her Department for 2019 by specific project; the projects that will be commenced and completed in 2019, in tabular from; and if she will make a statement on the matter. [44512/18]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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The Expenditure Report 2019 which accompanied the Budget 2019 Statement by my colleague the Minister for Finance set out my Department’s summary capital expenditure ceiling for next year. The proposed gross allocation of €950.2million for my Department in 2019, as set out in the Report, includes an increase in our capital funding from €555m to €620million in 2019. This represents an increase of 11.7% in Capital from 2018.

The capital allocation of €368.055million referred to by the Deputy relates to the 2019 allocation for my Department’s Innovation Programme. The 2019 allocation represents an increase of 12.28% on the 2018 allocation of €327.8m for this Programme.

Whilst the definitive 2019 capital allocations for each of the Subheads in the Department’s Innovation Programme will only be determined as part of the Revised Estimates Process, as outlined in the context of Budget 2019 I propose that the additional funding will enable me to increase the funding for Innovation, including through

- The provision of €20million to roll out Phase one of Disruptive Technologies Innovation Fund;

- The provision of an additional €2.75million in capital monies to meet the full year cost of European Southern Observatory membership;

- The provision of an additional €10million in capital funding to meet the full year cost of the new PhD/Research Masters Programme;

- The provision of an additional €500k in capital funding to support our membership of the European Space Agency

- The provision of additional €5million in capital to support the renewal of six SFI world-class research centres,

- The provision of an additional €1million in capital for SFI’s Strategic Partnership Programme;

- The provision of an additional €1million in funding to support the development of the Tyndall Institute

The provision of this additional capital funding demonstrates the Government’s commitment to supporting business to enable them to innovate and compete in a global marketplace and thereby helping to position Ireland as a Global Innovation Leader.

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