As the Deputy will be aware, the overall respnsibility for development of enterprise on non-Gaeltacht islands rests with the Department of Enterprise, Trade and Employment. However, in accordance with my brief for island development generally, I have stated publicly on a number of occasions that I am favourably disposed towards the concept of establishing an enterprise fund for the non-Gaeltacht islands.
Arising from this position and on foot of contacts between my officials and officials of the Department of Enterprise, Trade and Employment, I am pleased to report that substantial progress has been made in regard to establishing the broad parameters for providing assistance to certain types of enterprise on the non-Gaeltacht islands.
I hope to be in a position to announce details of the new scheme as soon as outstanding issues in regard to administrative procedures have been finalised.
An allocation of €250,000 has been provided for this scheme in my Department's 2004 Estimates.