Written answers

Thursday, 10 February 2022

Department of Enterprise, Trade and Employment

Enterprise Policy

Photo of Alan DillonAlan Dillon (Mayo, Fine Gael)
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72. To ask the Minister for Enterprise, Trade and Employment when he plans to publish the regional enterprise plans; the funding that will be linked to the plans; the efforts that are being made to increase in-person IDA site visits to western counties following the easing of public health measures; and if he will make a statement on the matter. [7000/22]

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
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Throughout 2021, my Department has overseen the development of nine new Regional Enterprise Plans to 2024. These are ‘bottom-up’ plans, developed by regional stakeholders which identify growth opportunities, recognise vulnerabilities, and enable job creation across the nine regions.

The Regional Steering Committees are chaired by senior industry figures and include the Enterprise Agencies, LEOs, Regional Assemblies, Local Authorities, Higher Education bodies, and others, all of whom are focused on creating and sustaining employment opportunities in the region.

Following in-depth consultation and engagement across the regions, each plan will contain a set of objectives and related actions to be delivered by end 2024. These objectives are complementary to and support existing Government and agency initiatives.

The Regional Enterprise Plans to 2024 are currently being finalised by my Department. They will be published and launched across the country over February and March this year.

My Department has approved over €126 million in funding to 79 enterprise strengthening projects in every region over a series of competitive calls since 2017. This has been provided through Enterprise Ireland via the Regional Enterprise Development Fund, the Border Enterprise Development Fund and the Regional Enterprise Transition Scheme. Together, these funds assisted the development of collaborative regional projects that drive delivery of the objectives developed in the previous Regional Enterprise Plans.

I can advise the Deputy that in addition to the €5 million allocation for regional enterprise funding in Budget 2022, my officials are in the process of exploring new significant sources of funding to drive implementation of the nine new Regional Enterprise Plans. I expect to announce details on new regional funding shortly.

During 2020 and 2021 COVID-19 proved to be a significant disrupter to international travel and in person meetings. The health and safety of IDA staff, clients and stakeholders has been paramount at all times during this period.

In response to COVID-19, IDA Ireland successfully migrated many of its business development and client engagement activities to digital platforms and has put in place a virtual first policy and virtual site visit experience for potential investors. The use of digital platforms by IDA Ireland staff has contributed to an enhanced digital engagement with existing clients and also in hosting virtual site visits with potential new investors.

As COVID restrictions begin to ease internationally and nationally, IDA Ireland welcomes the opportunity to increase the level of in-person site visits across all regions including to the West region in line public health and safety guidelines.

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