Written answers
Thursday, 9 December 2021
Department of Enterprise, Trade and Employment
State Bodies
Aengus 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]
Damien 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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