Funding allocated under the Department's A8 subhead includes a capital allocation for LEO financial grant assistance and for management training and development, mentoring, consultancy and entrepreneurship education programmes. The funding is subsequently allocated to each of the 31 LEOs based on their Local Authority banding.
Enterprise Ireland and the LEOs agree the distribution of the budget across each of the different programmes based on previous and projected demand. At the end of each year the LEOs report their total outturn and in 2022 the LEO network provided €994k for management development programmes.
The table below indicates the estimated increased budget for management development programmes based on the 2022 outturn:
-
|
€
|
5%
|
10%
|
25%
|
50%
|
2022 management development outturn
|
0.994m
|
1.044m
|
1.093m
|
1.243m
|
1.491m
|