Written answers

Thursday, 9 December 2021

Department of Enterprise, Trade and Employment

State Bodies

Photo of Aengus Ó SnodaighAengus Ó Snodaigh (Dublin South Central, Sinn Fein)
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127. To ask the Minister for Enterprise, Trade and Employment the level of funding for Enterprise Ireland in each of the past ten years; the number of industries supported; and amount that was granted to each company in each of the years. [60754/21]

Photo of Damien EnglishDamien English (Meath West, Fine Gael)
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The funding provided by my Department to Enterprise Ireland for the past 10 years is as follows:

Enterprise Ireland Budget Allocation.

Incorporating allocations across the following DETE Programme Areas:

A – Jobs Enterprise Development

B – Innovation

Year Subhead REV Allocation(€,000) Capital Carryover(€,000)
2011 Subhead A7 €140,259*
Subhead B4 €130,580m
2012 Subhead A7 €155,787m €13,125m
Subhead B4 €139,942m €5,000m
2013 Subhead A7 €135,841m €11,000m
Subhead B4 €131,685m
2014 Subhead A7 €125,218m €3,000m
Subhead B4 €115,255m €8,000m
2015 Subhead A7 €129,584m €6,000m
Subhead B4 €117,568m
2016 Subhead A7 €131,749m
Subhead B4 €121,738m
2017 Subhead A7 €143,254m
Subhead B4 €126,248m
2018 Subhead A7 €146,550m
Subhead B4 €126,448m
2019 Subhead A7 €153,077m
Subhead B4 €126,741m
2020 Subhead A7 €895,488m** €23,500m
Subhead B4 €131,749m**
2021 Subhead A7 €415,956m** €40,000m
Subhead B4 €155,254m** €4,000m

*Decreased through Further Revised Estimate

**Increased through Further Revised Estimate

The Table below outlines expenditure by Enterprise Ireland over the last ten years. The first column represents all expenditure which includes, capability building, the sustainable enterprise fund, disbursements to other state agencies, capacity building, technology and scientific infrastructure, equity, loans and venture capital funds, funds administered on behalf of third partied, and net operating costs. Expenditure over ten years on these items came to €4.36 billion.

The second columns refer to funding for enterprise development. This specifically mean expenditure on items such as technology and scientific infrastructure, the sustainable enterprise fund, equity, loans and venture capital funds, capacity building, and capability building. This amounted to €2.38 billion in the last ten years.

Total Spend Funding for Enterprise Development Number of Companies Paid
2011 €336m €197m 2,211
2012 €333m €194m 2,139
2013 €321m €203m 2,172
2014 €343m €219m 2,163
2015 €355m €233m 2,100
2016 €358m €244m 2,075
2017 €369m €247m 1,910
2018 €362m €237m 1,900
2019 €403m €269m 1,853
2020 €1,182m €339m 2,327
2011-2020 €4,362m €2,382m 7,929*

*A number of companies were paid in multiple years

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