Dáil Éireann Debate, Tuesday - 11 July 2017
92. Deputy Fergus O'Dowd asked the Tánaiste and Minister for Jobs, Enterprise and Innovation if funding will be provided for a centre (details supplied) in order to minimise the effect it may have on current and prospective tenants in Drogheda; and if she will make a statement on the matter. [32108/17]
Amharc ar fhreagraThe Regional Enterprise Development Fund was launched in May 2017. This €60 million competitive fund will support major new collaborative and innovative initiatives that can make a significant impact on enterprise development in the region/across regions or nationally to build the unique USP capabilities to grow the regions.
Under a competitive process, Enterprise Ireland is now seeking applications for funding under four streams with varying investment levels:
1. Major Change Projects - €2m up to €5m per project,
2. Regionally Significant Projects - €250,000 up to €2m per project,
3. Local & Community Enterprise Development Projects - €50,000 up to €250,000 per project,
4. Industry Clusters - €50,000 up to €250,000 per project.
The Applicant will be not-for-profit entities that have already, or propose to, set up a distinct legal entity that comprise national/regional, county and local stakeholders, with a purpose of benefiting the wider needs of the community and region/nation.
Applicants can be promoted by private or public organisations, which for example might include:
- Higher Education Institutes
- Semi-State Commercial bodies
- Local Enterprise Development Groups
- Local Authorities.
In addition, Industry Clusters must comprise of at least five companies.
The first call for applications closes on August 18th. All eligible projects are encouraged to apply.
