Malcolm Byrne (Wicklow-Wexford, Fianna Fail)
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212. To ask the Minister for Enterprise, Trade and Employment if his Department or Enterprise Ireland have policies that prohibit or restrict investment in specific types of enterprises; if so, if he will define such prohibitions or restrictions; and if he will make a statement on the matter. [16436/25]

Alan Dillon (Mayo, Fine Gael)
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Enterprise Ireland (EI) makes strategic investments in high potential start up businesses to help entrepreneurs overcome market barriers, to de-risk additional third party investment, and to support Irish businesses in their development and growth.

EI's investment activity supports the government's ambition of having a strong pipeline of innovative and scalable start-ups to drive long term sustainable growth, development and high quality job creation throughout the country.

Enterprise Ireland does not invest in companies carrying out an ‘Unapproved Activity', which is defined as:

1. supplying goods or services of a pornographic nature, or which form part of the adult entertainment industry; or
2. supplying a service which includes “a lottery” or “Gaming”, as those terms are defined in the Gaming and Lotteries Act, 1956; or
3. supplying goods or services of a primarily military relevance; or
4. producing or supplying tobacco products or e-cigarettes; or
5. any activity by the Company that is in breach of the Control of Exports Act 2023.