Written answers

Tuesday, 18 December 2018

Department of Jobs, Enterprise and Innovation

Regional Enterprise Development Fund Data

Photo of Billy KelleherBilly Kelleher (Cork North Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

292. To ask the Minister for Jobs, Enterprise and Innovation the 2017, 2018 and 2019 budget allocations to the Regional Enterprise Development Fund; the amount of the 2017 and 2018 budget allocations, respectively expended each year; the number of applications for the fund by each stream, by year and county to date; the number of successful and unsuccessful applications by county in each such year; and the amount of approved funding to successful applications in 2017 and 2018, by county. [52815/18]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The Government’s €60 million Regional Enterprise Development Fund, administered by Enterprise Ireland, has the objective of supporting every region to build on its unique strengths and ultimately create sustainable jobs. Administered via two competitive calls, 42 projects received funding totalling €59.5 million. The budget for this fund is part of Enterprise Ireland’s budget to support enterprise development.

Successful projects under Call 1 and Call 2 of the fund were announced on the 11thof December 2017 and the 3rdof December 2018 respectively. 21 projects were successful under each initiative. €31.5 million was approved under Call 1 and €29 million under Call 2.

The number of applications, successful and unsuccessful, received under each of the four funding streams, by region, is presented in the table following. Due to the collaborative nature of projects, the regional breakdown of projects presents the best overview of applications, successful and unsuccessful.

Applications under Regional Enterprise Development Fund

RegionStream 1Stream 2Stream 3Stream 4Total
Dublin7710428
Mid-East581115
Midlands 22217
Mid-West5102118
North East32308
North West450110
South East1112115
South West3187432
West695020
Total36723312153
The successful applicants from Call 1 and Call 2 are detailed in the tables following. The approved funding figures are not available for Call 1 for reasons of commercial sensitivity. A change to the scheme document for Call 2, stated that the approved funding figures would be published as part of the fund’s requirement.
Projects approved under Call 1 of the Regional Enterprise Development FundCounty
Monaghan County Enterprise FundMonaghan
Leitrim County Enterprise Fund Leitrim/Cavan/Longford
Donegal Digital Innovation CLGDonegal
BIA Innovator Campus CLGGalway
Irish Bioeconomy Foundation CLGTipperary
Emerald Aerocluster CLG Limerick/Shannon/Ireland
Insurtech Network Centre DACCarlow
ThreeD (Design Develop Disseminate) DACWaterford/South
Agritech Centre of Excellence CLGKerry/National
RDI Hub CLGKerry/National
Cork Urban Enterprises CLGCork
IT@Cork CLGCork
KerrySciTech CLGKerry/Cork
Sneem Innovation & Technology Services CLGKerry
MOL TEIC CLGKerry
County Kildare Community Network Company CLGKildare
Dublin Enterprise & Technology Centre CLGDublin/National
Ghala DACDublin/National
Social & Local Enterprise Alliance DACDublin
BPO Cluster Ireland CLGDublin/National
Irish Manufacturing Research CLGWestmeath/ National

Projects approved under Call 2 of the Regional Enterprise Development Fund

Projects approved - Call 2CountyApproval amount
Galway City Innovation District CLGGalway €2,487,400
Midc Páirc Na MaraGalway €2,000,000
The Burren Lowlands CLGGalway, Clare €182,786
CIT Consortium Projects DACCork, Kerry €336,360
Ludgate Operations CLGCork €1,990,392
Vista Agri 4.0 Hub CLGCork, Kerry, Waterford, Tipperary€1,865,215
Crystal Valley Tech CLGWaterford, Wexford, Carlow, Kilkenny, Tipperary€219,919
Incupharm DACWaterford, Wexford, Carlow, Kilkenny, Tipperary€799,212
National Design Innovation Hub DACCarlow, Kilkenny€1,843,320
Boyne Valley Food Innovation District DACMeath, Cavan, Monaghan, Louth€1,580,640
Mountmellick Development Association CLGLaois €218,200
Offaly Innovation & Design Centre CLGOffaly €458,240
BNest Social Initiative DACLimerick, Clare, Tipperary, Cork, Kerry€603,400
Clare MEZ (Maritime Economic Zone) DACLimerick, Clare, Tipperary, Cork, Kerry€603,400
Innovate Limerick T/A Hospital Foods DACLimerick, Clare, Tipperary€2,279,073
Innovate Dublin Communities CLGDublin€249,955
St Paul's Area Development Enterprise CLG Dublin, Mid East€2,094,000
Bioconnect Innovation Centre CLGMonaghan, Cavan €4,976,880
Focused Engineering Network DACMonaghan, Cavan €250,000
Leitrim Food Enterprise Zone CLGLeitrim, Cavan, Sligo, Donegal€953,640
Sligo County Enterprise Fund CLGSligo, Mayo, Leitrim€1,906,640

The payments made to successful applicants to date are presented in the table following. Funding approved to successful projects was in the form of grants. Grant expenditure must be incurred and then inspected by Enterprise Ireland prior to payment. The payment figures relate to Call 1. Payments under Call 2 will not commence until 2019.

Payments under the Regional Enterprise Development Fund

20172018
0€540,000

Comments

No comments

Log in or join to post a public comment.