Dáil Éireann Debate, Wednesday - 22 February 2023
41. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the list of business support schemes and initiatives supported by IDA Ireland; the initiatives and schemes that are in development and-or planned to be launched in 2023; the funding for same, in tabular form; and if he will make a statement on the matter. [9104/23]
View answerIDA Ireland provides financial and non-financial supports to multinational companies within its portfolio in pursuit of the Agency’s overall mission to win and develop foreign direct investment into Ireland to provide jobs, economic impact and opportunity for the people of Ireland. IDA provides clients with financial support in the form of funding and incentives, and non-financial supports including information and advice on doing business in Ireland. IDA Ireland operates a variety of Grant Programmes including but not restricted to Capital, Employment, RD&I and Training supports.
IDA’s grant offering is aligned to the five strategic pillars of the Agency’s 2021-24 strategy, Driving Recovery and Sustainable Growth, which focuses on Growth, Transformation, Regions, Sustainability and Impact. IDA partners with my Department to ensure that our grant offering remains competitive and responsive to a national and international economic context characterised by an accelerating twin green and digital transition.
The projected estimates for 2023 are outlined in the table below for ease.
|
Grant Support |
Funding Amount |
|
Capital Grant (Regional Aid) |
€15,400,000 |
|
Employment Grant (Regional Aid) |
€26,240,000 |
|
RD&I Grant |
€86,300,000 |
|
Training Grant |
€15,610,000 |
|
Other support measures |
€1,350,000 |
