I assume the Deputy is referring to grants to industry allocated to these agencies as set out under subheads C2, D2 and G1 of my Department's Vote and as published in the Revised Book of Estimates for 2002.
The allocations set out were as follows. Under subhead C2, for IDA Ireland grants to industry, the allocation was €87.398 million. The cost per job created and sustained by IDA Ireland over the seven year period 1995-2001 was €13,375. Under subhead D2, for Enterprise Ireland grants to industry, the allocation was €76.595 million. The cost per job created and sustained by Enterprise Ireland during 2001 was €8,977. Under subhead G1, for county enterprise boards, the allocation was just over €14 million. In 2001, the latest year for which figures are available, the average cost per job created by the county enterprise boards was €4,500.
It should be noted that the actual payment of grants is a function of the demand by companies for financial support, that is, it is demand led rather than supply driven. During the course of the year it became apparent that, owing to the slowdown of the economy, the actual draw down by indigenous and FDI companies would be less than the original provision and that demands elsewhere in the economy might require the transfer of some portion of these funds. The need also to invest substantially in research, technology and innovation led, in the case of Enterprise Ireland, to some of these funds being transferred for this purpose.
Accordingly, in the case of IDA Ireland, the allocated amount for grants to industry currently stands at €74.398 million and in the case of Enterprise Ireland the corresponding amount is €69.395 million. Some of IDA Ireland's and Enterprise Ireland's expenditure would also be met from its own resources by agreement with my Department and the Department of Finance. When 2001 outturn figures for Enterprise Ireland and IDA Ireland are compared with 2002 allocations the actual levels of grants to industry for these agencies remain constant.