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State Aid

Dáil Éireann Debate, Tuesday - 22 September 2015

Tuesday, 22 September 2015

Questions (449)

Finian McGrath

Question:

449. Deputy Finian McGrath asked the Minister for Jobs, Enterprise and Innovation if he will support a company (details supplied) with its proposal for long-term unemployment; and if he will make a statement on the matter. [31331/15]

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Written answers

From the information supplied it is apparent that this foreign company is in the business of providing specific consultancy services to companies and that it is proposing to expand into the Irish market with a range of advisory services, particularly in the area of digital transformation, for enterprises which are based here. There are quite narrow grounds under which companies can receive support from the Enterprise Development Agencies. In relation to foreign companies wishing to establish in Ireland, the relevant support Agency, IDA Ireland, can only provide grant support in certain circumstances where such a company is engaged in manufacturing or internationally traded services. Under the relevant legislation, companies providing consultancy services to companies located here are not eligible for direct State support.

Ireland has a very open economy for business activity here, with easy entry and no excessive administrative burdens. New business players and services providers are always welcome.

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