Dáil Éireann Debate, Wednesday - 20 July 2016
437. Deputy Niamh Smyth asked the Minister for Jobs, Enterprise and Innovation if there is grant aid available for a person starting up an engineering business; if not, the other funding avenues available; and if she will make a statement on the matter. [23133/16]
View answerThe Local Enterprise Offices and Enterprise Ireland are the main Agencies within my Department that offer advice and support to indigenous companies.
The Local Enterprise Offices (LEOs) are the ‘first-stop-shop’ State support service for micro and small businesses in each local area. The LEOs provide advice and guidance, covering all government supports and requirements, to anyone who wishes to start or expand a business.
The LEOs can also provide funding for projects that meet certain criteria, generally with regard to export potential, and other non-financial supports such as training and mentoring. Businesses should contact their local LEO by telephone or by email – contact details for all LEOs are available at: www.localenterprise.ie.
A new online tool which sets out the variety of supports available to all enterprises across all sectors is embedded or linked to over 30 Government websites including my Department’s website and the websites of the Local Enterprise Offices and Enterprise Ireland.
Enterprise Ireland (EI) works in partnership with Irish enterprises to help them start, grow, innovate and win export sales in global markets. They provide funding and supports for companies- from entrepreneurs with business propositions for a high potential start-up through to large companies expanding their activities, improving efficiency and growing international sales. Availability of all EI supports are communicated via www.enterprise-ireland.com/en/ and also through EI’s Development Advisors, EI Regional Offices and through public calls for applications.
In the area of access to finance, a range of initiatives has been introduced - from Microfinance Ireland to the Strategic Banking Corporation of Ireland, and from the Credit Guarantee Scheme to the Ireland Strategic Investment Fund, as well as continued investment in seed and venture capital through Enterprise Ireland. These initiatives remain available and accessible to business and continue to provide increased access to credit and finance for Irish enterprise.
In September 2015 a new guide was launched setting out the range of State supports available for the manufacturing sector. As part of the Government’s plans to support employment growth in the manufacturing sector, a key step is to ensure that businesses in the sector become more aware of the Government supports that are available to support them in their expansion. This new brochure which is available on my Department’s website brings together all these services in a single publication to assist the sector to tap into these supports and clarify the details of what is available from the various Government Organisations and Agencies. Details are at:
https://www.djei.ie/en/News-And-Events/Department-News/2015/September/14092015.html
