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Business Supports

Dáil Éireann Debate, Wednesday - 22 February 2023

Wednesday, 22 February 2023

Questions (54)

Louise O'Reilly

Question:

54. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the amount of funding allocated for supports for businesses with more than ten employees under the Supplementary Estimate for 2023; and if he will make a statement on the matter. [9129/23]

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Written answers

In November 2022 the Government agreed to extend the mandate of the Local Enterprise Offices (LEOs) to provide grant aid to firms in manufacturing and internationally traded services employing more than 10 but no more than 50 full time employees.

The extension of the mandate will ensure a continuation of support for enterprises that have grown to ten or more employees, as appropriate to their stage of development and international growth ambition. Working with the LEOs, Enterprise Ireland will ensure that companies of all sizes in the manufacturing and internationally traded services sectors are assisted on their development journey, maximising their growth and job creation potential.

The framework proposal has been developed by Enterprise Ireland, in consultation with the LEOs, and an additional capital allocation of €2million was secured in Budget 2023 to roll this framework out on a pilot basis.

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