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IDA Ireland

Dáil Éireann Debate, Wednesday - 21 April 2021

Wednesday, 21 April 2021

Questions (175)

Alan Dillon

Question:

175. Deputy Alan Dillon asked the Tánaiste and Minister for Enterprise, Trade and Employment the overall level and composition of IDA Ireland grant supports by purpose, sector and region in each of the years 2011 to 2021; and if he will make a statement on the matter. [19121/21]

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Written answers

IDA Ireland grants paid by Region, by Business Sector and by Grant Type for the period 2011 to 2019 inclusive are outlined in Table 1 attached as per IDA’s database in April 2021. Figures for 2020 will be available following publication of the 2020 Annual Report later this year.

Despite a year of unprecedented challenges to the Irish economy, in 2020 IDA Ireland announced 246 new investments and the creation of 20,123 new jobs with the numbers directly employed in the multinational sector in Ireland growing to 257,394 people.

Grant payments are only one measure of IDA Ireland’s performance. IDA partners with its clients to support their work through a range of offerings, and it is worth noting that only approximately 10% of clients are paid grants in a given year. These grant payments are not necessarily linked to either the investments won, or the jobs created in that 12-month period. Grants are generally drawn down over the lifetime of a project which is normally over a period of three to five years. Some investments which result in job creation may not be grant aided and some well-established companies may no longer be receiving grant payments.

Grant amount table

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