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Enterprise Ireland Funding

Dáil Éireann Debate, Thursday - 24 May 2018

Thursday, 24 May 2018

Ceisteanna (101)

Billy Kelleher

Ceist:

101. Deputy Billy Kelleher asked the Minister for Business, Enterprise and Innovation the number of applicants that received funding under Enterprise Ireland’s high potential start-up feasibility grant in each of the years 2014 to 2017 and to date in 2018, by county; the number that received funding by firm size of less than ten, 11 to 49, 50 to 249 and more than 250 employees; and the amount paid out by county and by firm size in tabular form. [22974/18]

Amharc ar fhreagra

Freagraí scríofa

HPSUs are companies which have the potential to develop an innovative product or service suitable for export, and which have the potential to create 10 jobs and €1m in sales within 3 to 4 years of establishment. In 2017 Enterprise Ireland supported 90 HPSUs with an equity investment.

Enterprise Ireland’s HPSU Team works with start-up companies to ensure that they can avail of suitable supports to enable them to realise their potential. One of the financial supports that is available to companies is the HPSU Feasibility Grant.

The HPSU Feasibility Grant assists a new start-up company or individual entrepreneur to examine the viability of a new export oriented business or proposition.  The objective of the study is to provide the necessary information to enable the promoter to reach firm conclusions regarding the project's viability, and set out investor ready plans associated with developing and commercialising the product or service. 

The following tables present an overview of (1) the number of companies in receipt of payments over the period on question; (2) the number of companies in receipt of payments by company size; and (3) the number of companies in receipt of payments by company size broken down by county: 

Table 1: Number of Companies In Receipt Of Payments 2014-21.05.2018

HPSU Feasibility Grant: Number of Enterprise Ireland supported companies in receipt of payments under this grant by County/Year*

Client County

2018 (21.05.18)

2017

2016

2015

2014

2014- 21.05.18  Total

Carlow

 

 

 

<5

<5

<5

Cavan

 

 

 

 

<5

<5

Clare

 

<5

<5

<5

<5

7

Cork

<5

7

11

19

16

41

Donegal

<5

<5

 

<5

 

<5

Dublin

15

51

88

80

116

272

Galway

 

<5

8

13

12

26

Kerry

<5

<5

<5

<5

<5

10

Kildare

 

<5

<5

<5

8

14

Kilkenny

<5

<5

<5

<5

 

5

Laois

 

<5

<5

 

<5

6

Leitrim

 

 

 

 

<5

<5

Limerick

<5

<5

<5

<5

<5

12

Longford

 

 

<5

<5

<5

<5

Louth

 

<5

<5

<5

<5

10

Mayo

<5

<5

<5

<5

9

10

Meath

<5

<5

<5

<5

<5

7

Monaghan

 

 

<5

<5

<5

<5

Offaly

 

<5

<5

 

 

<5

Roscommon

<5

 

 

 

 

<5

Sligo

 

 

<5

<5

<5

5

Tipperary North

 

 

<5

<5

<5

<5

Tipperary South

<5

 

 

 

 

<5

Waterford

<5

 

 

<5

<5

6

Westmeath

 

<5

<5

<5

<5

6

Wexford

 

 

 

 

<5

<5

Wicklow

<5

<5

<5

<5

<5

12

Grand Total

31

86

137

153

202

473

* In order to protect client confidentiality, exact numbers are not released for counties that have less than five approvals.

Table 2: The Number of Companies In Receipt Of Payments By Company Size

HPSU Feasibility Grant (2014- 21.05.18): Number of Enterprise Ireland supported Companies in receipt of Payments by company size (All counties)

Company Size

Total

over 50

7

Less than 11

391

Between 11-49

75

Grand Total

473

Table 3: Number of Companies in Receipt Of Payments By Company Size Broken Down By County

HPSU Feasibility Grant (2014- 21.05.18): Number of Enterprise Ireland supported companies in receipt of payments under this grant by company size and county

Client County

Company Size

Total

Carlow

Less than 11

€17,665

 

Between 11-49

€1,350

Carlow Total

 

€19,015

Cavan

Less than 11

€6,331

Cavan Total

 

€6,331

Clare

Between 11-49

€24,846

 

Less than 11

€71,765

 

Between 11-49

€10,750

Clare Total

 

€107,361

Cork

Over 250

€3,000

 

Less than 11

€336,583

 

Between 11-49

€162,790

Cork Total

 

€502,373

Donegal

Less than 11

€33,268

Donegal Total

 

€33,268

Dublin

Over 250

€9,735

 

Between 11-49

€18,386

 

Less than 11

€2,476,406

 

Between 11-49

€593,319

Dublin Total

 

€3,097,845

Galway

Less than 11

€281,423

 

Between 11-49

€60,301

Galway Total

 

€341,724

Kerry

Less than 11

€128,749

Kerry Total

 

€128,749

Kildare

Between 11-49

€3,467

 

Less than 11

€130,825

 

Between 11-49

€34,078

Kildare Total

 

€168,371

Kilkenny

Less than 11

€28,641

 

Between 11-49

€15,000

Kilkenny Total

 

€43,641

Laois

Less than 11

€58,660

Laois Total

 

€58,660

Leitrim

Less than 11

€13,665

Leitrim Total

 

€13,665

Limerick

Less than 11

€85,246

 

Between 11-49

€31,882

Limerick Total

 

€117,129

Longford

Less than 11

€19,450

 

Between 11-49

€13,367

Longford Total

 

€32,817

Louth

Less than 11

€129,333

Louth Total

 

€129,333

Mayo

Less than 11

€158,262

 

Between 11-49

€29,800

Mayo Total

 

€188,063

Meath

Less than 11

€60,926

 

Between 11-49

€6,799

Meath Total

 

€67,725

Monaghan

Less than 11

€24,536

 

Between 11-49

€7,492

Monaghan Total

 

€32,028

Offaly

Less than 11

€13,296

Offaly Total

 

€13,296

Roscommon

Less than 11

€7,974

Roscommon Total

 

€7,974

Sligo

Less than 11

€35,523

 

Between 11-49

€9,031

Sligo Total

 

€44,554

Tipperary North

Less than 11

€27,174

Tipperary North Total

 

€27,174

Tipperary South

Less than 11

€10,317

Tipperary South Total

 

€10,317

Waterford

Less than 11

€43,259

 

Between 11-49

€15,000

Waterford Total

 

€58,259

Westmeath

Less than 11

€46,536

Westmeath Total

 

€46,536

Wexford

Less than 11

€1,862

Wexford Total

 

€1,862

Wicklow

Between 11-49

€15,000

 

Less than 11

€115,847

Wicklow Total

 

€130,847

Grand Total

 

€5,428,916

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