Written answers
Tuesday, 24 May 2022
Department of Enterprise, Trade and Employment
Industrial Development
Brendan Griffin (Kerry, Fine Gael)
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78. To ask the Minister for Enterprise, Trade and Employment if the IDA or Enterprise Ireland will be able to provide grant aid to a company (details supplied) in County Kerry to develop a new business complex for its 17 employees; and if he will make a statement on the matter. [25681/22]
Leo Varadkar (Dublin West, Fine Gael)
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IDA Ireland's main objective is to encourage investment into Ireland by foreign owned companies. It works as a strategic partner and provides advice, consultancy and support services including a range of grants for foreign direct investment into Ireland. IDA is not the appropriate support channel for the company referred.
Officials in my Department have made enquiries with Enterprise Ireland who have confirmed that the company referred is not an Enterprise Ireland client. It would appear that the company is a domestically focused distributor, which is ineligible for Enterprise Ireland support. In addition, Enterprise Ireland does not provide grants to companies for property solutions as set out in the Deputy's question.
The business mentioned would appear to fall outside the eligibility criteria to qualify for LEO direct grant aid. Nevertheless, the LEOs do provide a wide range of high-quality business and management development programmes that are tailored to meet specific business requirements. The LEO supports along with a host of others can also be found on the supportingsmes.gov.ie website. This is a cross-governmental guide to help small businesses know which of the over 170 Government supports could fit their business including access to finance.
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