Written answers

Monday, 11 September 2023

Department of Enterprise, Trade and Employment

Inflation Rate

Photo of Jim O'CallaghanJim O'Callaghan (Dublin Bay South, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

562. To ask the Minister for Enterprise, Trade and Employment if he will detail in tabular form, by county (or local authority), the number of businesses that have been supported under the €12 million funding announced in March 2022 to address construction inflation costs and support the completion of existing regionally funded projects under the regional enterprise development and border enterprise development funds; and the estimated total value of the support in each county (or local authority area). [37610/23]

Photo of Neale RichmondNeale Richmond (Dublin Rathdown, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The Deputy will be aware that my Department has approved over €126 million in funding for 79 innovative enterprise focused projects under the Regional Enterprise Development Fund (REDF), Border Enterprise Development Fund (BEDF) and Regional Enterprise Transition Scheme (RETS).

Last year Enterprise Ireland provided additional funding to existing REDF and BEDF projects impacted by increased construction costs to allow for the completion of eligible projects as originally planned. €6 million in funding was allocated in 2022 and a further €6 million is available this year and next.

Enterprise Ireland has advised me that the number of projects which secured approved funding under the ‘Addendum to the REDF and BEDF 2017-2020 Construction Inflation Costs 2022’ fund and the amount of funding per county is as follows.

County No. of Projects Total Approved
Clare 1 €923,674
Donegal 1 €550,000
Dublin 1 €681,012
Galway 4 €2,160,421
Kildare 1 €493,868
Leitrim 2 €1,249,731
Limerick 1 €395,532
Louth 1 €95,770
Meath 1 €318,522
Monaghan 2 €1,339,243
Sligo 2 €980,546
Waterford 1 €490,686
Wicklow 1 €636,831
Total 19 €10,315,836

Comments

No comments

Log in or join to post a public comment.