Dáil Éireann Debate, Tuesday - 23 November 2010
358 Deputy Lucinda Creighton asked the Minister for Enterprise, Trade and Innovation the amount of allocated capital spending to his Department that has been drawn down to date; and if he will make a statement on the matter. [44082/10]
View answerThe Capital Allocation for 2010 for my Department's Vote is €480.679 million and I anticipate that this allocation will be spent in full.
Capital funding allocated to my Department's Vote is expended through various agencies under the remit of my Department, including IDA Ireland, Enterprise Ireland, Science Foundation Ireland, FAS, Shannon Development, Inter Trade Ireland, the National Standards Authority of Ireland and the 35 City and County Enterprise Boards.
The funding is used by the agencies to operate programmes that provide a range of grants, supports and financial facilities to clients. Capital funding also covers the maintenance and development of the agencies' buildings and upgrading of equipment.
