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Enterprise Ireland Funding

Dáil Éireann Debate, Thursday - 5 July 2018

Thursday, 5 July 2018

Questions (193)

Maurice Quinlivan

Question:

193. Deputy Maurice Quinlivan asked the Minister for Business, Enterprise and Innovation the budget allocation for Enterprise Ireland for 2016, 2017 and 2018, in tabular form; and if she will make a statement on the matter. [29897/18]

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Written answers

The distribution of exchequer funding allocations as per the 2016 to 2018 Revised Estimates Volumes for Enterprise Ireland as provided through my Department’s Vote is set out in the following table.

Enterprise Ireland

Enterprise Ireland Budget allocations (€,000)

2016(€,000)

2017(€,000)

2018(€,000)

Subhead A7

125,719*

113,254**

146,550

Subhead B4

121,738

126,248

126,448

*After Supplementary Estimate reallocation of €6m in Capital savings following better than anticipated ORI

**After Supplementary Estimate reallocation of €30m in Capital savings following better than anticipated ORI and timing issues with Regional Funding Call and other grant commitments

The Deputy should note that the funding provision to Enterprise Ireland covers two subheads on my Department’s Vote, Subheads A7 and B4, which span general supports to indigenous firms and for research and development/innovation supports.

The table does not capture other Exchequer funding being provided to Enterprise Ireland in 2017 from the Votes of the Department of Agriculture, Food and the Marine and the Department of Communication, Climate Action and Environment.

Enterprise Ireland are also provided with funding from the National Training Fund (NTF).

The operations of Enterprise Ireland are also supported through the generation, retention and use of Agency Own Resource Income, which is subject to annual sanction by the Minister for Public Expenditure and Reform.

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