The Regional Enterprise Development Fund is a €60m competitive fund introduced by my Department and administered by Enterprise Ireland. It is aimed at supporting collaborative and innovative projects that can help to sustain and add to employment at a national, regional and county level.
The REDF was designed to support the ambition in the Programme for Government to create an additional 200,000 new jobs by 2020, of which 135,000 are to be located outside of Dublin. One of the principal criteria within the scheme is that proposed projects would strengthen the potential for job creation in their region, thereby contributing to delivering on the Government’s ambition.
The REDF is all about supporting local and regional initiatives that will build on sectoral strengths and help to create jobs across the regions.
In total, 152 applications were received under the first and second calls of REDF, comprising a total of 75 projects under call 1 and 77 projects under call 2.
Eligible projects submitted went through a rigorous 7-stage process before being awarded funding. A standard scoring template was used at all stages to ensure consistency of approach.
As this was a competitive process, not all projects were successful. However, to ensure a balanced regional spread, I committed to ensuring that each region would benefit by at least €2 million from the Fund once the required standard for projects is met under the evaluation criteria. This threshold has now been met across all regions.
In total, 42 projects have been awarded funding over two completed Calls worth a total of €60m, with projects supported in every region. The lead region and participant counties for each approved project are included in the following table.
Project
|
Region/County
|
Monaghan County Enterprise Board
|
North East/Monaghan
|
Bioconnect Innovation Centre Clg
|
North East/Monaghan, Cavan
|
Focused Engineering Network Dac
|
North East/Monaghan, Cavan, Louth
|
Donegal Digital Innovation Clg
|
North West/Donegal
|
Leitrim County Enterprise Fund
|
North West/Midlands/Leitrim/Cavan/Longford
|
Leitrim Food Enterprise Zone Clg
|
North West/North East/Leitrim, Cavan, Sligo, Donegal
|
Sligo County Enterprise Fund Clg
|
North West/Sligo, Mayo, Leitrim
|
Bia Innovator Campus Clg
|
West/Galway
|
Galway City Innovation District Clg
|
West/Galway
|
Midc Páirc Na Mara
|
West/Galway
|
The Burren Lowlands Clg
|
West/Mid West/Galway, Clare
|
Emerald Aerocluster Clg
|
Mid West/Limerick/Clare
|
Irish Bioeconomy Foundation Clg
|
Mid West/South East/National/Tipperary
|
Bnest Social Initiative DAC
|
Mid West/South West/Limerick, Clare, Tipperary, Cork, Kerry
|
Clare Mez (Maritime Economic Zone) Dac
|
Mid West/Clare
|
Hospital Food Units Dac
|
Mid/West/Limerick, Clare, Tipperary
|
Agritech Centre Of Excellence
|
South West/Kerry
|
Cork Urban Enterprises
|
South West/North Cork City
|
IT@Cork CLG
|
South West/Cork
|
Kerryscitech
|
South West/Kerry
|
Mol Teic Clg
|
South West/Kerry
|
Rdi Hub Clg
|
South West/Kerry
|
Sneem Innovation & Tech Services
|
South West/Kerry
|
Cit Consortium Projects Dac
|
South West/Cork, Kerry
|
Ludgate Operations Clg
|
South West/Cork
|
Vista Agri 4.0 Hub Clg
|
South West/Cork, Kerry, Waterford, Tipperary
|
Insurtech Network Centre Dac
|
South East/Carlow
|
Three D DAC
|
Waterford
|
National Design Innovation Hub Dac
|
South East/Carlow, Kilkenny
|
Incupharm DAC
|
South East/Waterford, Wexford, Carlow, Kilkenny, Tipperary
|
Crystal Valley Tech Clg
|
South East/Waterford, Wexford, Carlow, Kilkenny, Tipperary
|
County Kildare Community Network
|
Mid East/Kildare
|
Boyne Valley Food Innovation District Dac
|
Mid East/North East/Meath, Cavan, Monaghan, Louth
|
Bpo Cluster Ireland Clg
|
Dublin
|
Dublin Enterprise & Tech Centre
|
Dublin
|
Ghala DAC
|
Dublin
|
Social & Local Enterprise Alliance Dac
|
Dublin
|
Innovate Dublin Communities Clg
|
Dublin
|
St. Paul's Area Development Enterprise Clg
|
Dublin
|
Irish Manufacturing Research
|
Midlands/Westmeath/National
|
Mountmellick Development Association Clg
|
Midlands/Laois
|
Offaly Innovation & Design Centre Clg
|
Midlands/Offaly
|