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EU Funding

Dáil Éireann Debate, Thursday - 29 February 2024

Thursday, 29 February 2024

Ceisteanna (174)

Holly Cairns

Ceist:

174. Deputy Holly Cairns asked the Minister for Enterprise, Trade and Employment to provide a breakdown of all EU funding made available to his Department which has not yet been allocated; and the purpose for which this funding has been made available by the EU. [9803/24]

Amharc ar fhreagra

Freagraí scríofa

The information requested is currently being collated by my Department and will be forwarded directly to the Deputy as soon as it is finalised.

The following deferred reply was received under Standing Order 51
I refer to Parliamentary Question 9803/24 for answer on 28 February 2024: “To ask the Minister for Enterprise; Trade and Employment to provide a breakdown of all EU funding made available to his Department which has not yet been allocated; and the
purpose for which this funding has been made available by the EU.”
My response indicated that additional time would be needed to obtain the requested information, which is now set out below.
Under the 2024 estimates process, my Department has been allocated a total of €14.037m in Government and European Regional Development Fund (ERDF) co-funding for the
following programmes:
• Technology Gateway Programme €5,505,791
• Knowledge Transfer Boost Programme €4,340,700 and the
• Innovators’ Initiative €4,190,776
€145m has been allocated under the Smart Regions Enterprise Innovation Scheme, which is co-funded under the ERDF, to 2027 which will support projects aligned to the nine Regional
Enterprise Plans. The first call of €35m under the Smart Regions Scheme was announced in October 2023. €11,002,733 has been allocated in 2024 for the Smart Regions Scheme.
In addition, a further €4.879m has been allocated under the EU funded National Recovery and Resilience Fund (NRRF) for the European Digital Innovation Hubs. It is anticipated that
this funding will be fully drawn down this year.
The Digital Transition Fund is part of Ireland’s National Recovery and Resilience Plan (NRRP), which is funded by the EU’s Recovery and Resilience Facility.
The total allocated budget of €85m for the fund is split into two streams which run from 2022 to 2026. €58m has been allocated to Enterprise Ireland, IDA Ireland and Údarás na Gaeltachta for delivery of a range of digital schemes to boost uptake of digital technology. The remaining €27m has been allocated to supporting Ireland’s European Digital Innovation Hubs.
The Green Transition Fund is also part of Ireland’s NRRP which is funded by the EU’s, Recovery and Resilience Facility. The total allocated budget of €55m for the fund is split into two streams, the Enterprise Emissions Reduction Investment Fund (€30m) and the Climate Planning Fund for Business (€25m) which will both run from 2022 to August 2026.
Both funds contain a range of supports to help businesses make the green transition.
I trust this is of assistance to you.
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