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Departmental Schemes

Dáil Éireann Debate, Wednesday - 1 February 2023

Wednesday, 1 February 2023

Questions (41)

Louise O'Reilly

Question:

41. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the number of businesses that have applied for loans under the small firm's investment in energy efficiency scheme date by county; the number of applications that have been successful by county; the estimated value or worth of the loans to date for each county, in tabular form; and if he will make a statement on the matter. [4973/23]

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Written answers

The Small Firms Investment in Energy Efficiency scheme was announced in Budget 2023. The objective of the scheme is to support capital investment by businesses to reduce carbon emissions based on energy efficiency projects. The rationale of the scheme would be to support companies to reduce their carbon emissions and overall energy costs by accelerating the adoption of low carbon technologies or processes.

Taking into account national policy and in consultation with the LEO network, Enterprise Ireland is developing guidelines and eligibility criteria for the rollout of the new programme by each of the 31 Local Enterprise Offices. A budget of €2m has been allocated nationally and it is planned to launch the scheme in Q1 2023.

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