Dáil Éireann Debate, Tuesday - 28 July 2026
1033. Deputy Aindrias Moynihan asked the Minister for Enterprise, Tourism and Employment the level of capital investment assistance approved by Enterprise Ireland and other agencies under the remit of his Department for food processing businesses in Cork County since 2023; the companies or projects supported; and if he will make a statement on the matter. [57020/26]
View answerIn June 2023, the Government announced the second and final tranche of funding under the €100 million Capital Investment Scheme for the Processing and Marketing of Agricultural Products, which is administered by Enterprise Ireland and jointly funded by my Department and the Department of Agriculture, Food and the Marine.
The scheme supports strategic capital investment projects aimed at enhancing competitiveness, strengthening operational capability and supporting product and market diversification within the agri-food sector. The following County Cork-based food-processing businesses received capital investment assistance under that scheme since 2023:
|
Company |
Project |
Grant Approved |
|
Ingredient Solutions Ltd., Mallow |
Market diversification project |
€2.8 million |
|
Staunton Foods Ltd. |
Market diversification project |
€1.8 million |
|
Dairygold Co-operative Society |
Product and market diversification project in the nutritional products sector |
€1.4 million |
The Capital Investment Scheme forms part of the Government's wider commitment to supporting the long-term sustainable development of the agri-food sector and enabling firms to respond to changing market conditions, enhance productivity and expand into new international markets. Across the country, the scheme supported 34 projects with combined public and private investment of more than €420 million.
