Tuesday, 4 February 2014

Questions (281)

Stephen Donnelly


281. Deputy Stephen S. Donnelly asked the Minister for Jobs, Enterprise and Innovation the number of applications made to the microfinance scheme to date, in total, and broken down by county where applicants are based; if he will provide the number of businesses which have been accepted, processed and drawn down funds to date; and if will also provide in total and broken down by county where the business is based. [5203/14]

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Written answers (Question to Jobs)

The Microenterprise Loan Fund Scheme facility was introduced in October 2012 following demands from business interest for the introduction of supports for microenterprises in a difficult economic environment. It has now developed a presence in the Irish financial market. As of 27 January 2014 MFI, has approved 153 applications to the value of €2.37m supporting 338 jobs. The latest progress report detailing the analysis and performance for the quarterly period ending 30 September 2013 is available on my Department’s website. I intend to publish the next progress report for the period to end December 2013, once the report has been finalised.