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Dáil Éireann Debate, Thursday - 9 December 2021

Thursday, 9 December 2021

Ceisteanna (127)

Aengus Ó Snodaigh

Ceist:

127. Deputy Aengus Ó Snodaigh asked the Tánaiste and Minister for Enterprise, Trade and Employment the level of funding for Enterprise Ireland in each of the past ten years; the number of industries supported; and amount that was granted to each company in each of the years. [60754/21]

Amharc ar fhreagra

Freagraí scríofa

The funding provided by my Department to Enterprise Ireland for the past 10 years is as follows:

Enterprise Ireland Budget Allocation.

Incorporating allocations across the following DETE Programme Areas:

A – Jobs Enterprise Development

B – Innovation

Year

Subhead

REV Allocation(€,000)

Capital Carryover(€,000)

2011

Subhead A7

€140,259*

Subhead B4

€130,580m

2012

Subhead A7

€155,787m

€13,125m

Subhead B4

€139,942m

€5,000m

2013

Subhead A7

€135,841m

€11,000m

Subhead B4

€131,685m

2014

Subhead A7

€125,218m

€3,000m

Subhead B4

€115,255m

€8,000m

2015

Subhead A7

€129,584m

€6,000m

Subhead B4

€117,568m

2016

Subhead A7

€131,749m

Subhead B4

€121,738m

2017

Subhead A7

€143,254m

Subhead B4

€126,248m

2018

Subhead A7

€146,550m

Subhead B4

€126,448m

2019

Subhead A7

€153,077m

Subhead B4

€126,741m

2020

Subhead A7

€895,488m**

€23,500m

Subhead B4

€131,749m**

2021

Subhead A7

€415,956m**

€40,000m

Subhead B4

€155,254m**

€4,000m

*Decreased through Further Revised Estimate

**Increased through Further Revised Estimate

The Table below outlines expenditure by Enterprise Ireland over the last ten years. The first column represents all expenditure which includes, capability building, the sustainable enterprise fund, disbursements to other state agencies, capacity building, technology and scientific infrastructure, equity, loans and venture capital funds, funds administered on behalf of third partied, and net operating costs. Expenditure over ten years on these items came to €4.36 billion.

The second columns refer to funding for enterprise development. This specifically mean expenditure on items such as technology and scientific infrastructure, the sustainable enterprise fund, equity, loans and venture capital funds, capacity building, and capability building. This amounted to €2.38 billion in the last ten years.

Total Spend

Funding for Enterprise Development

Number of Companies Paid

2011

€336m

€197m

2,211

2012

€333m

€194m

2,139

2013

€321m

€203m

2,172

2014

€343m

€219m

2,163

2015

€355m

€233m

2,100

2016

€358m

€244m

2,075

2017

€369m

€247m

1,910

2018

€362m

€237m

1,900

2019

€403m

€269m

1,853

2020

€1,182m

€339m

2,327

2011-2020

€4,362m

€2,382m

7,929*

*A number of companies were paid in multiple years

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