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Microenterprise Loan Fund Applications Data

Dáil Éireann Debate, Tuesday - 6 October 2015

Tuesday, 6 October 2015

Questions (328)

Dara Calleary

Question:

328. Deputy Dara Calleary asked the Minister for Jobs, Enterprise and Innovation the value of drawdowns issued under the microfinance scheme on 31 December 2014; on 30 September 2015; the value of approvals on these dates; for a breakdown of each drawdown and approval, by county; and if he will make a statement on the matter. [34691/15]

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Written answers

As of 28th September 2015 Microfinance Ireland (MFI) has approved 683 applications to the value of €10.5m supporting 1,554 jobs.

In parallel with this initiative, a series of other non-bank Government backed funding sources for SMEs have been provided. These measures, in tandem with the many other actions contained in the annual Action Plan for Jobs process, have helped an extra 125,000 people back in to work since the first Action Plan has launched in February 2012.

All the figures that the Deputy has requested are available in the quarterly and yearly progress reports which are published on my Department’s website www.djei.ie. The progress report detailing the analysis and performance up to the quarterly period ending 30th June 2015 is available on the Department’s website. I will shortly receive the quarterly report for the period up until 30th September 2015 and I will publish on my Department’s website shortly afterwards.

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