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Dáil Éireann Debate, Thursday - 7 April 2022

Thursday, 7 April 2022

Questions (162)

Mairéad Farrell

Question:

162. Deputy Mairéad Farrell asked the Tánaiste and Minister for Enterprise, Trade and Employment further to Parliamentary Question No. 673 of 7 February 2017, if he will provide the full list of companies that received payments under the succeed-in-Ireland initiative operated by Connect Ireland from the date of its establishment to when it was closed with payments by recipient company (details supplied); the number of jobs created per company; and if he will make a statement on the matter. [18998/22]

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Written answers

I'm informed that the only company which received payments from IDA Ireland under the Succeed-in-Ireland initiative was Connect-Ireland Initiative Limited (“Connect Ireland”). That company was paid a total of €2,270,000 (excluding VAT) in respect of 575 jobs created, in accordance with the contract between IDA Ireland and Connect Ireland relating to the Succeed in Ireland Initiative.

In addition, Connect Ireland was paid a termination payment of €1,750,350 in accordance with the contract for 398 jobs approved under the initiative which had not been created at the date the contract terminated (26th March 2017). A further €150,000 (excluding VAT) was paid to Connect-Ireland Initiative Limited in respect of marketing support.

It is my understanding that a dispute between IDA Ireland and Connect Ireland regarding the operation of the Succeed-in-Ireland initiative is currently in arbitration.

I have asked my officials for more information and to report back to me about the matter.

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