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Dáil Éireann Debate, Monday - 11 September 2023

Monday, 11 September 2023

Questions (562)

Jim O'Callaghan

Question:

562. Deputy Jim O'Callaghan asked the Minister for Enterprise, Trade and Employment if he will detail in tabular form, by county (or local authority), the number of businesses that have been supported under the €12 million funding announced in March 2022 to address construction inflation costs and support the completion of existing regionally funded projects under the regional enterprise development and border enterprise development funds; and the estimated total value of the support in each county (or local authority area). [37610/23]

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Written answers

The Deputy will be aware that my Department has approved over €126 million in funding for 79 innovative enterprise focused projects under the Regional Enterprise Development Fund (REDF), Border Enterprise Development Fund (BEDF) and Regional Enterprise Transition Scheme (RETS).

Last year Enterprise Ireland provided additional funding to existing REDF and BEDF projects impacted by increased construction costs to allow for the completion of eligible projects as originally planned. €6 million in funding was allocated in 2022 and a further €6 million is available this year and next.

Enterprise Ireland has advised me that the number of projects which secured approved funding under the ‘Addendum to the REDF and BEDF 2017-2020 Construction Inflation Costs 2022’ fund and the amount of funding per county is as follows.

County

No. of Projects

Total Approved

Clare

1

€923,674

Donegal

1

€550,000

Dublin

1

€681,012

Galway

4

€2,160,421

Kildare

1

€493,868

Leitrim

2

€1,249,731

Limerick

1

€395,532

Louth

1

€95,770

Meath

1

€318,522

Monaghan

2

€1,339,243

Sligo

2

€980,546

Waterford

1

€490,686

Wicklow

1

€636,831

Total

19

€10,315,836

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