Written answers
Tuesday, 8 April 2025
Department of Enterprise, Trade and Employment
State Assets
Malcolm Byrne (Wicklow-Wexford, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
404. To ask the Minister for Enterprise, Trade and Employment the total number and approximate value of preferential and other shares held by his Department and separately by IDA Ireland and Enterprise Ireland, in Irish companies or companies based in Ireland; and if he will make a statement on the matter. [16750/25]
Alan Dillon (Mayo, Fine Gael)
Link to this: Individually | In context | Oireachtas source
My Department does not hold shares in any Irish companies.
IDA Ireland have also confirmed that they do not hold shares in any Irish companies.
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 have confirmed that they have investments in 1,398 companies.
EI’s most recent Annual Accounts to December 2023 outlines the following details regarding the value of these investments:
Category | Value in Audited Accounts to Dec 2023 |
---|---|
Investments in Quoted Shares | €1.03m |
Net Book Amount Unquoted Shares | €113.929m |
Net Book Amount Convertible Loan Notes | €14m |
No comments