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.