Michael D'Arcy
Question:18 Deputy Michael D’Arcy asked the Tánaiste and Minister for Enterprise, Trade and Employment the steps she is taking to support exports; and if she will make a statement on the matter. [40910/09]
View answerDáil Éireann Debate, Thursday - 12 November 2009
18 Deputy Michael D’Arcy asked the Tánaiste and Minister for Enterprise, Trade and Employment the steps she is taking to support exports; and if she will make a statement on the matter. [40910/09]
View answerNotwithstanding the challenging trading environment, global opportunities for Irish businesses remain significant. My Department, through Enterprise Ireland, is active both in assisting Irish indigenous companies to find new markets for their products and services and to increase their existing level of market share. Encouraging companies to re-orientate towards the Eurozone in the first instance and, for those which are most capable, into areas such as the Gulf, Brazil, India and China, where economies are still growing is a priority. I have been active in leading trade missions to develop new opportunities for Irish exporters and will continue to do so, to both existing long-established markets, to the new EU Member States and also to other emerging high-growth markets, with a view to increasing the share of exports by Irish companies worldwide.
Continuous productivity improvements are essential if Irish companies are to increase their export potential and reach the world-class standards necessary to meet the challenges of the international market place. Sustainable economic recovery will be driven by enterprises focused on increasing their exports of innovative products and services in global markets. To support this, I launched the Enterprise Stabilisation Fund earlier this year, which enables internationally trading companies survive the current global downturn by supporting their drive to reduce costs and, through increased competitiveness, gain sales in overseas markets.
Enterprise Ireland has identified new opportunities for clients emerging from the stimulus packages announced by Governments particularly in the UK, US, Germany and France, and directed its dedicated units to work with Irish companies to take advantage of opportunities such as the 2012 London Olympics build programmes. The agency has also established a specialised unit to help companies drive down costs and focus on lean processes. Other Enterprise Ireland supports available to exporting companies include the Going Global Fund, the International Selling Programme, the Growth Fund and the Research and Development Fund.
This week I announced that 7,478 jobs are to receive direct support under the first round of the Employment Subsidy Scheme (ESS). A total of 453 companies engaged in manufacturing and/or internationally traded services are being informed of their successful applications. The Scheme provides a subsidy of €9,100 over fifteen months per qualifying employee in vulnerable but viable firms. Due to a lower than anticipated take-up, I will be announcing details of a second broader call for ESS applications with extended eligibility criteria open to both exporting and non-exporting firms next week.