The Government’s €60 million Regional Enterprise Development Fund, administered by Enterprise Ireland, has the objective of supporting every region to build on its unique strengths and ultimately create sustainable jobs. Administered via two competitive calls, 42 projects received funding totalling €59.5 million. The budget for this fund is part of Enterprise Ireland’s budget to support enterprise development.
Successful projects under Call 1 and Call 2 of the fund were announced on the 11th of December 2017 and the 3rd of December 2018 respectively. 21 projects were successful under each initiative. €31.5 million was approved under Call 1 and €29 million under Call 2.
The number of applications, successful and unsuccessful, received under each of the four funding streams, by region, is presented in the table following. Due to the collaborative nature of projects, the regional breakdown of projects presents the best overview of applications, successful and unsuccessful.
Applications under Regional Enterprise Development Fund
|
Region
|
Stream 1
|
Stream 2
|
Stream 3
|
Stream 4
|
Total
|
|
Dublin
|
7
|
7
|
10
|
4
|
28
|
|
Mid-East
|
5
|
8
|
1
|
1
|
15
|
|
Midlands
|
2
|
2
|
2
|
1
|
7
|
|
Mid-West
|
5
|
10
|
2
|
1
|
18
|
|
North East
|
3
|
2
|
3
|
0
|
8
|
|
North West
|
4
|
5
|
0
|
1
|
10
|
|
South East
|
1
|
11
|
2
|
1
|
15
|
|
South West
|
3
|
18
|
7
|
4
|
32
|
|
West
|
6
|
9
|
5
|
0
|
20
|
|
Total
|
36
|
72
|
33
|
12
|
153
|
The successful applicants from Call 1 and Call 2 are detailed in the tables following. The approved funding figures are not available for Call 1 for reasons of commercial sensitivity. A change to the scheme document for Call 2, stated that the approved funding figures would be published as part of the fund’s requirement.
|
Projects approved under Call 1 of the Regional Enterprise Development Fund
|
County
|
|
Monaghan County Enterprise Fund
|
Monaghan
|
|
Leitrim County Enterprise Fund
|
Leitrim/Cavan/Longford
|
|
Donegal Digital Innovation CLG
|
Donegal
|
|
BIA Innovator Campus CLG
|
Galway
|
|
Irish Bioeconomy Foundation CLG
|
Tipperary
|
|
Emerald Aerocluster CLG
|
Limerick/Shannon/Ireland
|
|
Insurtech Network Centre DAC
|
Carlow
|
|
ThreeD (Design Develop Disseminate) DAC
|
Waterford/South
|
|
Agritech Centre of Excellence CLG
|
Kerry/National
|
|
RDI Hub CLG
|
Kerry/National
|
|
Cork Urban Enterprises CLG
|
Cork
|
|
IT@Cork CLG
|
Cork
|
|
KerrySciTech CLG
|
Kerry/Cork
|
|
Sneem Innovation & Technology Services CLG
|
Kerry
|
|
MOL TEIC CLG
|
Kerry
|
|
County Kildare Community Network Company CLG
|
Kildare
|
|
Dublin Enterprise & Technology Centre CLG
|
Dublin/National
|
|
Ghala DAC
|
Dublin/National
|
|
Social & Local Enterprise Alliance DAC
|
Dublin
|
|
BPO Cluster Ireland CLG
|
Dublin/National
|
|
Irish Manufacturing Research CLG
|
Westmeath/ National
|
Projects approved under Call 2 of the Regional Enterprise Development Fund
|
Projects approved - Call 2
|
County
|
Approval amount
|
|
Galway City Innovation District CLG
|
Galway
|
€2,487,400
|
|
Midc Páirc Na Mara
|
Galway
|
€2,000,000
|
|
The Burren Lowlands CLG
|
Galway, Clare
|
€182,786
|
|
CIT Consortium Projects DAC
|
Cork, Kerry
|
€336,360
|
|
Ludgate Operations CLG
|
Cork
|
€1,990,392
|
|
Vista Agri 4.0 Hub CLG
|
Cork, Kerry, Waterford, Tipperary
|
€1,865,215
|
|
Crystal Valley Tech CLG
|
Waterford, Wexford, Carlow, Kilkenny, Tipperary
|
€219,919
|
|
Incupharm DAC
|
Waterford, Wexford, Carlow, Kilkenny, Tipperary
|
€799,212
|
|
National Design Innovation Hub DAC
|
Carlow, Kilkenny
|
€1,843,320
|
|
Boyne Valley Food Innovation District DAC
|
Meath, Cavan, Monaghan, Louth
|
€1,580,640
|
|
Mountmellick Development Association CLG
|
Laois
|
€218,200
|
|
Offaly Innovation & Design Centre CLG
|
Offaly
|
€458,240
|
|
BNest Social Initiative DAC
|
Limerick, Clare, Tipperary, Cork, Kerry
|
€603,400
|
|
Clare MEZ (Maritime Economic Zone) DAC
|
Limerick, Clare, Tipperary, Cork, Kerry
|
€603,400
|
|
Innovate Limerick T/A Hospital Foods DAC
|
Limerick, Clare, Tipperary
|
€2,279,073
|
|
Innovate Dublin Communities CLG
|
Dublin
|
€249,955
|
|
St Paul's Area Development Enterprise CLG
|
Dublin, Mid East
|
€2,094,000
|
|
Bioconnect Innovation Centre CLG
|
Monaghan, Cavan
|
€4,976,880
|
|
Focused Engineering Network DAC
|
Monaghan, Cavan
|
€250,000
|
|
Leitrim Food Enterprise Zone CLG
|
Leitrim, Cavan, Sligo, Donegal
|
€953,640
|
|
Sligo County Enterprise Fund CLG
|
Sligo, Mayo, Leitrim
|
€1,906,640
|
The payments made to successful applicants to date are presented in the table following. Funding approved to successful projects was in the form of grants. Grant expenditure must be incurred and then inspected by Enterprise Ireland prior to payment. The payment figures relate to Call 1. Payments under Call 2 will not commence until 2019.
Payments under the Regional Enterprise Development Fund
