Written answers

Thursday, 28 February 2019

Department of Jobs, Enterprise and Innovation

IDA Ireland Funding

Photo of Jan O'SullivanJan O'Sullivan (Limerick City, Labour)
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118. To ask the Minister for Jobs, Enterprise and Innovation the value of IDA grants provided to a company (details supplied) in each of the years 2015 to 2018; the purpose for which the funding was allocated; the specific grant scheme headings under which direct funding was granted; and if she will make a statement on the matter. [10048/19]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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IDA provided employment grants to National Pen in the years 2015-2018, the value of which is set out in the table below.

In order to draw down an employment grant, an IDA client company - such as National Pen - must meet performance targets that are set out in a contract between the firm and the Agency. Such contracts also provide that jobs supported by a grant must remain in place for five years from the date of the last payment.

YearEmployment Grant Paid €
2015285,000
2016907,500
2017-
2018500,000

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