Dáil Éireann Debate, Thursday - 21 February 2013
28. Deputy Pádraig Mac Lochlainn asked the Minister for Jobs, Enterprise and Innovation the number of jobs created and supported by InterTradeIreland in the past five years; the average cost of each of these jobs; and if he will compare and contrast these costs with Enterprise Ireland, Invest NI and the Industrial Development Agency. [9044/13]
View answerThe number of jobs created and supported by InterTradeIreland in the past five years was 1,594. Based on the analysis of 2012 jobs impact (new jobs created plus existing jobs protected), the average cost of each of these jobs was €12,251. For the period 2005-2011, Enterprise Ireland’s "Cost per Job Sustained" was €12,024. Enterprise Ireland’s "Cost per Job Sustained" measure is calculated by Forfás and takes into account all direct agency expenditure on all client companies in a seven year period. Only jobs created during, and sustained at the end of each seven year period, are represented in the calculations.
The cost per job for IDA Ireland in the same period was €14,202. The figure is calculated by taking into account all IDA Ireland expenditure to all firms in the period. Similarly, only jobs created during and sustained to the end of each seven year period are credited in IDA’s calculations.
Invest NI is a Northern Ireland agency under the remit of the Northern Ireland Department of Enterprise, Trade and Investment.
