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Enterprise Support Services

Dáil Éireann Debate, Tuesday - 14 June 2022

Tuesday, 14 June 2022

Questions (154)

Louise O'Reilly

Question:

154. Deputy Louise O'Reilly asked the Tánaiste and Minister for Enterprise, Trade and Employment the estimated cost of increasing funding for Enterprise Ireland, by 10%, 20%, 25% and 50%, respectively, in tabular form. [28840/22]

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Written answers

The funding provision to Enterprise Ireland covers two subheads on the Department’s Vote, Subheads A7 and B4, which span general supports to indigenous firms and for research and development/innovation supports. My Department has allocated a total of €332.32 million in respect of these subheads in 2022. The cost of increases of 10%, 20%, 25% and 50% are set out in the table below

-

REV Allocation 2022(€,000)

10% Increase(€,000)

20% Increase(€,000)

25% Increase(€,000)

50% Increase(€,000)

Enterprise Ireland A7Jobs and Enterprise Development

197,016

216,717

236,419

246,270

295,524

Enterprise Ireland B4Innovation

135,304

148,834

162,364

169,130

202,956

Total

332,320

365,551

398,783

415,400

498,480

The Disruptive Technologies Innovation Fund is administered on behalf of the Department of Enterprise, Trade and Employment by Enterprise Ireland. This fund has an allocation of €67m for 2022 which is not included in the 2022 total figure for Enterprise Ireland.

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