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Job Creation.

Dáil Éireann Debate, Tuesday - 8 December 2009

Tuesday, 8 December 2009

Questions (121, 122, 123, 124, 125, 126, 127, 128)

John Deasy

Question:

143 Deputy John Deasy asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of businesses in Waterford City and county that have been approved for funding under the growth fund in each of the past there years and to date in 2009; the amount of funding involved; the number of jobs created by this funding; and if she will make a statement on the matter. [46004/09]

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John Deasy

Question:

144 Deputy John Deasy asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of businesses in Waterford City and county that have been approved for company expansion funding by Enterprise Ireland in each of the past three years and to date in 2009; the amount of funding involved; the number of jobs created by this funding; and if she will make a statement on the matter. [46005/09]

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John Deasy

Question:

145 Deputy John Deasy asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of businesses in Waterford city and county that have been approved for funding by Enterprise Ireland in each of the past three years and to date in 2009 under its schemes for exploring new opportunities; the amount of funding involved; the number of jobs created by this funding; and if she will make a statement on the matter. [46006/09]

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John Deasy

Question:

146 Deputy John Deasy asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of businesses in Waterford city and county that have been approved for funding by Enterprise Ireland in each of the past three years and to date in 2009 under its schemes for research and development; the amount of funding involved; the number of jobs created by this funding; and if she will make a statement on the matter. [46007/09]

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Written answers

I propose to take Questions Nos. 143 to 146, inclusive, together.

The Growth Fund, launched in 2008, is designed to assist SME clients of Enterprise Ireland to achieve greater competitiveness by improving their export potential. Activities that lead to a sustainable improvement in productivity within a company may be supported under this competitive fund. These include capital investment, technology acquisition, recruitment of key managers, consultancy to assist with the implementation of the proposal, management development and staff training. In 2008, Enterprise Ireland approved €799,394 support to 3 companies from Waterford. In 2009 to date, Enterprise Ireland approved €481,791 support to 2 companies from Waterford.

Funding for company expansion is designed to help with funding for companies' expansion plans — this includes capital, training and employment supports, the focus of which is to increase exports. Since the beginning of 2006, Enterprise Ireland has approved €750,290 support for 4 company expansion projects to 3 companies from Waterford. In 2006, Enterprise Ireland approved €310,527 to 1 company in Waterford, while in 2009 to date €439,763 was approved to 2 companies in Waterford.

Funding for exploring new opportunities is focused on investigating new ideas and markets as an essential aspect of business development. Enterprise Ireland provides financial assistance in a range of areas including towards: Feasibility study grants, Going Global (for Irish services companies), Commercialisation of Research and Development (CORD), Enterprise Platform Programme, GreenTech Support, EU 7th Framework Programme Support, Market Research, R & D Stimulation, Consultancy, Business Acceleration Programme (BAP), Graduate placements, Export Orientation Programme (EOP), Mentors, Trade fair participation, Supply Chain Management and eBusiness Management.

Since the beginning of 2006, Enterprise Ireland has approved a total of 89 companies for 143 projects under ‘Exploring New Opportunities' amounting to €2,615,689 in Waterford. In 2006, Enterprise Ireland approved €548,963 to 31 companies. In 2007, Enterprise Ireland approved €703,692 to 35 companies. In 2008, Enterprise Ireland approved €879,185 to 42 companies. In 2009 to date, Enterprise Ireland has approved €483,849 to 28 companies.

Driving in-company research and development and the innovative application of knowledge will be critical drivers for the future success of Irish enterprise. Since the beginning of 2006, Enterprise Ireland has approved a total of €2,614,360 for research and development funding to 14 Waterford companies. In 2006, Enterprise Ireland approved €1,034,502 to 3 companies. In 2007, Enterprise Ireland approved €97,360 to 1 company. In 2008, Enterprise Ireland approved €1,145,591 to 7 companies. To date in 2009, Enterprise Ireland has approved €336,907 to 3 companies.

The Forfás Annual Employment Survey records jobs gained and lost in companies supported by the Industrial Development Agencies. Data is compiled on an annualized basis and is aggregated at county level. Data in relation to 2009 will not be available until mid 2010. The number of jobs created in Enterprise Ireland supported companies in Waterford was 409, 763 and 167 in 2006, 2007 and 2008 respectively.

John Deasy

Question:

147 Deputy John Deasy asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of businesses in Waterford city and county that have been approved for capital grants by the IDA Ireland in each of the past three years and to date in 2009; the amount of funding involved; the number of jobs created by this funding; and if she will make a statement on the matter. [46008/09]

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John Deasy

Question:

148 Deputy John Deasy asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of businesses in Waterford city and county that have been approved for employment grants by the IDA Ireland in each of the past three years and to date in 2009; the amount of funding involved; the number of jobs created by this funding; and if she will make a statement on the matter. [46009/09]

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John Deasy

Question:

149 Deputy John Deasy asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of businesses in Waterford city and county that have been approved for research and development capability grants by the IDA Ireland in each of the past three years and to date in 2009; the amount of funding involved; the number of jobs created by this funding; and if she will make a statement on the matter. [46010/09]

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John Deasy

Question:

150 Deputy John Deasy asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of businesses in Waterford city and county that have been approved for training grants by the IDA Ireland in each of the past three years and to date in 2009; the amount of funding involved; the number of jobs created by this funding; and if she will make a statement on the matter. [46011/09]

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I propose to take Questions Nos. 147 to 150, inclusive, together.

The amount of capital grants, employment grants, research and development grants and training grants awarded by IDA Ireland to businesses in Waterford City and County from 2006 to date in 2009 are shown in the tabular statement.

In this period, a total of 25 businesses availed of such grants. The tabular statement gives the breakdown of the grants given to these businesses.

The Forfás Annual Employment Survey records jobs gained and lost in companies supported by the Industrial Development Agencies. Data is compiled on an annualized basis and is aggregated at county level. Data in relation to 2009 will not be available early 2010. In the period, 2006 to 2008, a total of 1403 jobs were created in IDA Ireland supported companies in Waterford. The tabular statement gives the yearly breakdown of this figure.

The Grant payment figures for companies in Waterford from 2006 to date in 2009

Year

Employment Grants

Capital Grants

R&D Grants

Training Grants

2006

1,127,264

2,928,958

574,445

2007

1,598,943

5,000,000

471,096

194,630

2008

4,499,255

202,721

37,614

2009 (to date)

432,200

35,367

59,767

Number of companies availing of IDA grant payments in Waterford from 2006 to date in 2009

Year

Employment Grants

Capital Grants

R&D Grants

Training Grants

2006

4

1

3

2007

2

1

1

1

2008

5

2

1

2009 (to date)

2

1

1

Number of new jobs created in Waterford from 2006 to 2008

Year

New Jobs Created

2006

851

2007

376

2008

176

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