Written answers

Thursday, 27 June 2019

Department of Jobs, Enterprise and Innovation

Enterprise Support Schemes

Photo of Jan O'SullivanJan O'Sullivan (Limerick City, Labour)
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34. To ask the Minister for Jobs, Enterprise and Innovation the uptake of the competitive start fund for female entrepreneurs; the amount allocated under the fund in 2018; and if she will make a statement on the matter. [26924/19]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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Female founders have traditionally been under-represented in the start-up arena, something that Enterprise Ireland (EI) is committed to change. A key part of this commitment is the Competitive Start Fund for Female Entrepreneurs, which was first launched in 2012. Since then EI has launched 9 dedicated female Competitive Start Funds.

The purpose of the Competitive Start Fund for Female Entrepreneurs is to accelerate the growth of female founded start-up companies that have the potential to employ more than 10 people and achieve €1 million in export sales within three years. This is achieved by means of a €50,000 equity investment in the company. The fund is designed to enable companies to reach key commercial and technical milestones which will ensure the delivery of their product or service to an international audience.

In 2018 Enterprise Ireland allocated €1 million in funding under the Competitive Start Fund for Female Entrepreneurs. In 2018, 7 female led businesses were successful. Female-led businesses can also take part in general and sector specific calls. A further 3 female led businesses were successful in the general Competitive Start Fund calls.

In 2018, 22% of all companies who received investment from EI through Competitive Start Funds were led by women. To build on this, Enterprise Ireland is currently working on a new six-year strategy for female entrepreneurship aimed at:

- increasing the number of females that choose to start a business,

- increasing the number of female founded high potential start-ups,

- increasing exports and jobs growth in female led companies, by 2025.

The most recent Competitive Start Fund for female entrepreneurs was launched in June 2019, with a total of €750,000 being made available for up to 15 female led companies. The call opened for applications on the 25thof June and will close on the 16thof July 2019.

Photo of Joe CareyJoe Carey (Clare, Fine Gael)
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36. To ask the Minister for Jobs, Enterprise and Innovation the supports available through her Department and agencies under her remit to help businesses trade online; and if she will make a statement on the matter. [27104/19]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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As set out in Future Jobs Ireland 2019, all businesses, regardless of size or sector, in today’s digital environment need to focus on building competitive online capability. The agencies of my Department offer a range of supports to assist businesses to trade online.

The Local Enterprise Offices (LEOs) are the first-stop-shop service assisting in delivering business growth and jobs for the small & micro-enterprise sector. The LEOs undertake a number of activities to encourage businesses to build their online presence and compete in the online market place.

The LEOs nationwide actively promote the Trading Online Voucher Scheme (TOVS) run in collaboration with the Department of Communications, Climate Action and Environment. The TOVS offers matched financial assistance of up to €2,500, along with training and advice, to micro companies (10 or less employees) who want to establish an online presence for the first time, or who wish to expand a basic existing website to incorporate a more substantive online trading capacity. Since the start of the scheme in July 2014 to date over 5,000 micro enterprises have availed of the TOVS.

The LEOs also offer a wide range of short training programmes to support their clients in building their online presence and to compete in the online marketplace.

Enterprise Ireland is focused on helping export-focused clients across all sectors to exploit the internet as a route to market and to assist them in developing a strategy that will shape how they do business online. The ability to conduct business and trade online is vital for business and provides one of the most cost-effective ways to develop an export market

In addition, under Enterprise Ireland’s Business Process Improvement Grant, client companies can apply for grant support to undertake an e-Marketing Improvement Assignment. Using one-to-one training and action-based learning, consultants/ trainers work with clients to plan and implement an eMarketing strategy.

As Chair of the Retail Consultation Forum, I have prioritised supporting the retail sector to develop their online capability in order for them to expand their market reach nationally and internationally and enhance their competitiveness.

I introduced a new pilot Online Retail Scheme administered by Enterprise Ireland, the first call of which opened on 24th October 2018 and closed on 5th December 2018. I announced the eleven successful applicants on 1st March 2019 in Skibbereen, Co. Cork.

The pilot Online Retail Scheme supports retail businesses of 10 employees or more who are ready to strategically grow their online capability, with grants of between €10,000 and €25,000 on a 50 percent match fund basis. Eligible expenditure under the Scheme includes activities such as research, strategy development, implementation and relevant training. The Scheme launched with a fund of up to €625,000, which was later doubled to €1.25m as part of my Department’s 2019 Budget.

The second call for the pilot Online Retail Scheme opened on 19th June and will close on 31st July.

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