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Seed Capital Scheme

Dáil Éireann Debate, Tuesday - 30 September 2014

Tuesday, 30 September 2014

Ceisteanna (183)

Peadar Tóibín

Ceist:

183. Deputy Peadar Tóibín asked the Minister for Finance to state the level of investment that has been generated through the seed capital scheme on an annual basis, the number of enterprises that have benefitted, the number of jobs that have been created and the cost to the Exchequer. [36624/14]

Amharc ar fhreagra

Freagraí ó Béal (1 píosaí cainte)

I am informed by the Revenue Commissioners that the available information regarding the Seed Capital Scheme is as set out in the table. There are no figures available in relation to the number of jobs created.

Year

Amount Invested €m

Cost to Exchequer €m

Companies

Investors

1993/94

0.5

0.2

5

8

1994/95

2.2

0.9

39

48

1995/96

2.1

0.8

39

41

1996/97

5.3

2.1

64

92

1997/98

3.9

1.4

65

85

1998/99

4.9

2.0

70

100

1999/00

2.5

1.1

40

54

2000/01

2.5

1.0

38

47

2001 (short tax year)

2.8

1.2

34

47

2002

3.4

1.4

44

72

2003

5.5

2.3

60

61

2004

7.7

2.6

74

105

2005

3.4

1.3

42

64

2006

3.1

1.2

42

76

2007

6.1

2.3

63

70

2008

4.5

1.7

56

61

2009

8.1

2.9

78

93

2010

5.0

1.8

54

62

2011

5.7

2.0

65

80

2012

5.5

1.6

67

88

2013*

3.7

1.3

53

59

*provisional

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