Dáil Éireann Debate, Tuesday - 21 June 2005
391 Mr. J. Higgins asked the Minister for Enterprise, Trade and Employment the funding per annum awarded by Enterprise Ireland to the Eurocollege Institute of Education; and the funding committed into the future. [21176/05]
Amharc ar fhreagraA decision to fund a client company is a day-to-day matter for Enterprise Ireland and not one in which I am directly involved. Enterprise Ireland has informed my Department that Eurocollege Institute of Education, as an internationally traded service company, falls within the remit of Enterprise Ireland. Eurocollege Institute of Education received payments of €2,382 in 2003 and €160,000 in 2004 from Enterprise Ireland.
Enterprise Ireland publishes payments made to its client companies in conjunction with its annual report. Information on funding approvals is not published, however, because of the commercial sensitivity that attaches to the initial phase of many projects. All funding approved by Enterprise Ireland is subject to a legal agreement and the conditions in the agreement must be met before funding can be drawn down. Enterprise Ireland is not in receipt of a further, formal application for support from the company.
