Enterprise Support Services

Dáil Éireann Debate, Tuesday - 27 September 2011

Tuesday, 27 September 2011

Ceisteanna (177)

Ciara Conway

Ceist:

207 Deputy Ciara Conway asked the Minister for Jobs, Enterprise and Innovation if he will supply a breakdown, showing the amount of money the Industrial Development Agency has given to TalkTalk plc in Waterford since its inception, in tabular form; the purpose for which this aid was given; if any criteria had to be fulfilled in order to qualify for this funding; and if he will make a statement on the matter. [26176/11]

Freagraí scríofa

Minister for Jobs, Enterprise and Innovation (Deputy Richard Bruton)

TalkTalk acquired the UK Broadband business of AOL including the Waterford site in 2007. Employment Grants totalling €2,020,200 were paid by IDA Ireland to the company to assist it in creating jobs (€1,638,000 was paid on 14 May 2008 and €382,200 was paid on 5 May 2009). The criteria for receiving grant payments was that jobs had to be in place in order to qualify for draw down of grants.