Dáil Éireann Debate, Wednesday - 1 February 2023
53. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the capital, current and total 2023 budget allocation for the Enterprise Ireland; the capital, current and total 2022 budget allocation for the Enterprise Ireland; and the percentage difference compared to the Budget 2023 allocation. [5010/23]
View answerThe table below details the current and capital budget allocations provided to Enterprise Ireland by my Department as set out in the 2022 Revised Estimates published in December 2021 and in the 2023 Revised Estimate published in December 2022. The Department had a Supplementary Estimate in 2022 which was approved by the Dáil last December. The table does not reflect any changes to the 2022 allocations arising from the Supplementary. The table also does not reflect any additional funding allocated to EI in capital carryovers in 2022 and 2023.
|
2023 Current Allocation |
2023 Capital Allocation |
2023 Total |
2022 Current Allocation |
2022 Capital Allocation |
2022 Total |
% Difference |
|
105,690* |
272,786* |
378,476* |
100,645* |
231,675* |
332,320* |
14 |
*The above figures represent the allocations provided to EI in respect of both its jobs and enterprise development programme (Subhead A7) and under the Science and Technology Development Programme (Subhead B4).
The funding provided to Enterprise Ireland through my Department’s vote is key to promoting the development and growth of Irish enterprises in world markets and to help them start, grow, innovate and win export sales.
The results achieved by Enterprise Ireland in recent years with almost 220,000 of our citizens directly employed by EI supported companies demonstrates the value of EI supports to our local and indigenous enterprises. Supports provided by Enterprise Ireland have been and continue to be crucial as businesses navigates through the unprecedented challenges of Brexit, Covid and now the impacts of the war in Ukraine. The increased funding being provided to Enterprise Ireland in 2023 demonstrates our commitment to ensure that EI has the necessary resources to continue to carry out its essential enterprise development and innovation work which is key to our future economic well-being.
