Dáil Éireann Debate, Wednesday - 15 November 2006
96 Mr. Naughten asked the Minister for Enterprise, Trade and Employment if he has satisfied himself that State funding for county enterprise boards is sufficient for them to carry out their remit; and if he will make a statement on the matter. [37759/06]
View answer117 Mr. Naughten asked the Minister for Enterprise, Trade and Employment if he will provide additional funding to efficient county enterprise boards; and if he will make a statement on the matter. [37758/06]
View answerI propose to take Questions Nos. 96 and 117 together.
I have provided funding of more than €30m to the County and City Enterprise Boards this year. This represents an increase of nearly 8% on the allocation provided in 2005. In addition to the Exchequer funding provided, the CEBs have an increasing flow of funds available to them from repayments of refundable grants provided in earlier years. It is estimated that some €3m has been available to the CEBs in 2006 from this source.
I believe that the level of funding available to the CEBs is adequate and appropriate at this time and that it enables all CEBs to fulfil their function and their remit in maximizing entrepreneurial development in the micro-enterprise sector throughout the country. The CEBs play an extremely important role in the development of indigenous enterprise in Ireland and it is my intention that an appropriate level of financial support for all CEBs will continue to be made available. I am confident that the level of funding available is sufficient to enable any CEB support any good quality projects that may present.
In determining the allocations for individual CEBs, my Department adopts a systematic approach to ensure the maximum degree of objectivity and equity of treatment. This approach involves the provision of funding on the basis of a standard initial allocation to each CEB as well as an additional allocation that is determined mainly by population but which also takes account of issues such as local unemployment trends, capacity to spend, existing commitments and regional spread. Furthermore, my Department works closely with the CEBs throughout the year to ensure that the available funding is utilised to the maximum extent possible. This can involve funds being reallocated from Boards that are not in a position to spend their full allocations to Boards that have a demand for additional funding. This exercise is taking place at present as Boards are now in a better position to determine actual requirements to year-end.
