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Departmental Funding

Dáil Éireann Debate, Wednesday - 1 February 2023

Wednesday, 1 February 2023

Questions (58)

Louise O'Reilly

Question:

58. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment if he will provide a breakdown of the capital and current budget allocations for each programme under subhead A.8 local enterprise development of the revised Estimate for 2023, in tabular form. [5015/23]

View answer

Written answers

The A.8 subhead which comprises the current (non-pay) and capital funding for the Local Enterprise Offices has an allocation of €47.78m for 2023. This represents the same core allocation as the 2022 budget but provides an additional €4m in capital funding to pilot both the extension of the LEOs mandate to grant-aid firms with over 10 employees in the manufacturing and internationally traded services sectors and the introduction of the Small Firms' Investment in Energy Efficiency Scheme (SFIEES).  This additional allocation is broken down evenly across both supports with each measure receiving an allocation of €2m in 2023.

The overall capital allocation for LEO programmes in 2023 is €35.8m and it will fund: grant aid for small businesses with export potential; entrepreneurship programmes; and training, advisory and consultancy programmes. The allocation to individual programmes will be finalised shortly and is subject to approval of the Enterprise Ireland board.

The current (non-pay) allocation of €11.98m relates to the contribution to LEO staff salary costs.

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