Dáil Éireann Debate, Thursday - 4 October 2012
118. Deputy Peadar Tóibín asked the Minister for Jobs; Enterprise and Innovation if financial support from Enterprise Ireland to client companies includes conditional targets for employment; and if he will detail the conditions of offer of support to client companies. [42371/12]
View answer119. Deputy Peadar Tóibín asked the Minister for Jobs; Enterprise and Innovation the amount of financial support held back from Enterprise Ireland client companies who have failed to meet employment targets. [42372/12]
View answer120. Deputy Peadar Tóibín asked the Minister for Jobs; Enterprise and Innovation the amount of financial support claimed back from Enterprise Ireland client companies who have failed to meet employment targets. [42373/12]
View answerI propose to take Questions Nos. 118 to 120, inclusive, together.
The awarding of funding to companies by Enterprise Ireland is a day to day matter for the Agency and one in which I have no function. There are processes in place to ensure value for money from the State's perspective including the contribution of the project to the Irish economy and to export growth. Conditions of offer to client companies contain specific targets and milestones, and grant drawdown will only occur when these conditions are met. Additionally, offers of support from Enterprise Ireland to each client company is a confidential matter and will vary depending on the type of support being sought.
