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Local Enterprise Offices Remit

Dáil Éireann Debate, Thursday - 24 January 2013

Thursday, 24 January 2013

Questions (43, 49)

Seán Crowe

Question:

43. Deputy Seán Crowe asked the Minister for Jobs, Enterprise and Innovation the saving envisaged in administration with the establishment of the LEOs; and if this will be directed to support startup business. [3240/13]

View answer

Seán Crowe

Question:

49. Deputy Seán Crowe asked the Minister for Jobs, Enterprise and Innovation the costs associated with the establishment of the new LEOs; and if this will come from the existing supports for business. [3239/13]

View answer

Written answers

I propose to take Questions Nos. 43 and 49 together.

The micro and small business sector is central to Ireland’s overall economic recovery and future growth. The purpose of restructuring the current model for the delivery of State supports to that sector is to rejuvenate and enhance the national model so as to ensure that the micro and small business sector is properly positioned to be a lead player in relation to job creation and to the economic recovery process.

It is envisaged that some administrative savings will be achieved over time as a result of the restructuring of the CEBs, primarily from reduced rental costs, although these savings will be modest and could take some years to realise due to existing leasing arrangements. In addition, over time there will be some savings from the removal of costs associated with the individual company status of each CEB.

Any overall savings achieved on administrative costs are to the ultimate benefit of the Exchequer. The Capital funding which is made available from the Exchequer to support the micro enterprise sector is ring-fenced for the sole purpose of assisting that sector through direct grant aid and targeted training and development and mentoring. The level of Capital funding secured in 2013 was maintained at previous years levels of €15m and is indicative of the Government’s commitment to the micro and small business sector.

Question No. 44 answered with Question No. 10.
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