Dáil Éireann Debate, Tuesday - 21 October 2008
211 Deputy Denis Naughten asked the Tánaiste and Minister for Enterprise, Trade and Employment further to Parliamentary Question No. 254 of 13 February 2008, the date and purpose of the funds in question; and if she will make a statement on the matter. [35909/08]
View answerI understand from Enterprise Ireland that on 17 May 1998, the agency approved assistance to the company under its Research Technology & Innovation (RTI) Competitive Grants Initiative. The company drew down moneys over a four year period as outlined in the following table.
The purpose of the RTI Initiative was to bring about a substantial increase in the level of high quality research and development in businesses in Ireland. The RTI Initiative supported commercially focused, industry led projects in product and process development and covered high quality, risk intensive R&D projects.
In the reply to Parliamentary Question No, 254 of 13 February, 2008, the Minister for Enterprise, Trade and Employment said that payment and repayment of grants are day-to-day operational matters for the Industrial Development agencies and he did not have any role in these matters. The date and purpose of funds are also day-to-day operational matters. Further information in relation to such matters can be obtained by the Deputy directly from the appropriate Industrial Development agency which is Enterprise Ireland in this case.
|
Year |
Amount Paid |
|
€ |
|
|
1998 |
63,672.27 |
|
1999 |
15,935.21 |
|
2000 |
90,948.80 |
|
2001 |
201,551.87 |
