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Thursday, 2 Feb 2023

Written Answers Nos. 168-178

Pension Provisions

Questions (168)

Marc Ó Cathasaigh

Question:

168. Deputy Marc Ó Cathasaigh asked the Minister for Enterprise, Trade and Employment his plans to facilitate those who wish to work beyond mandatory employment age under their current contract until such time as they become eligible for the State pension; if this is a matter that will need to be addressed through legislation; the timeline for this issue to be addressed; and if he will make a statement on the matter. [5429/23]

View answer

Written answers

There is no statutory retirement age for employees in Irish legislation, apart from for certain public sector employees where statutory retirement ages may apply. A contract of employment will generally contain a retirement age, but this is a matter of contract between the parties. Under Irish legislation an employer is permitted to set a retirement age as long as it is objectively and reasonably justified by a legitimate aim, and the means of achieving that aim are appropriate and necessary.  

Arising from a recommendation of the 2016 Report of the Interdepartmental Group on Fuller Working Lives, the Workplace Relations Commission (WRC) published a Code of Practice around the issue of longer working, setting out best industrial relations practice in managing the engagement between employers and employees in the run up to retirement age in the employment concerned. The main purpose of this Code is to set out, for the guidance of employers, employees and their representatives, best principles, and practices to follow during the engagement between employers and employees in the run up to retirement including responding to requests to work beyond the retirement age in the employment concerned.  

In preparing this Code of Practice, the WRC consulted with the Irish Business and Employers Confederation, the Irish Congress of Trade Unions, and relevant Government Departments.  

The Code sets out best practice over the following headings:

- Utilising the skills and experience of older workers.

- Objective justification of retirement.

- Standard retirement arrangements.

- Requests to work longer.

The 2020 Programme for Government, ‘Our Shared Future’ provided for the establishment of a Commission on Pensions: “to examine sustainability and eligibility issues with State Pensions and the Social Insurance Fund.  The Commission was also asked in its Terms of Reference to consider the issue of retirement ages in private employment contracts that are set below the State Pension age.  

The Pensions Commission’s Report was published on 7th October 2021.  A whole of Government response is required in order to respond to the recommendations of the Pensions Commission. My Department is considering the Commission's recommendations in relation to mandatory retirement ages in certain contracts of employment.  

Employment equality must be a core consideration in reforms to address retirement clauses, and the needs of both employees and employers will require consideration and further consultation. In this regard, it will be necessary to liaise closely with employer groups as any changes in this area have potential to have a significant impact on workforce planning, particularly for SMEs.

Trade Sanctions

Questions (169)

Carol Nolan

Question:

169. Deputy Carol Nolan asked the Minister for Enterprise, Trade and Employment if he will provide an update on the work of his Department as one of the three national competent authorities for EU sanctions with specific responsibility for the implementation of trade sanctions; and if he will make a statement on the matter. [5337/23]

View answer

Written answers

EU sanctions are instruments used by the EU to bring about a change in policy or behaviour by the target country, entity or individual. The EU currently has 45 sanctions regimes in force.

EU sanctions are given legal effect via EU Regulations. These Regulations have direct effect in all Member States of the EU, and, as such, are legally binding on all natural and legal persons in Ireland. Individuals and economic operators, therefore, have an obligation to ensure that they are in full compliance with these new measures. A natural or legal person who contravenes a provision of an EU sanctions regulation shall be guilty of an offence and liable to prosecution.

The EU has adopted nine packages of sanctions in response to the situation in Ukraine since 23 February 2022.

The trade sanctions, which are unprecedented in their breadth and sophistication, prohibit the export and import of extensive lists of goods and services to and from Russia and Belarus and are carefully calibrated to degrade Russia’s military and industrial capabilities, as well as its ability to finance its aggression. The sanctions prohibit the export of goods and technology which might contribute to Russia’s military and technological enhancement, or the development of its defence and security sector. They also prohibit the import of goods which generate significant revenues for Russia thereby enabling its actions in Ukraine.

There are three National Competent Authorities in the State for EU sanctions: the Department of Enterprise, Trade and Employment; the Department of Foreign Affairs; and the Central Bank of Ireland. My Department works in close co-operation with the other National Competent Authorities, and other Government Departments, on the domestic implementation of EU sanctions.

My Department has specific responsibility for implementing those EU sanctions which relate to trade. The Department works closely with the Office of the Revenue Commissioners to ensure comprehensive implementation of the trade measures.

Water Conservation

Questions (170)

Louise O'Reilly

Question:

170. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the amount of funding allocated to water conservation for business in 2021, 2022, and to date in 2023, in tabular form; and if he will make a statement on the matter. [5358/23]

View answer

Written answers

The enterprise agencies, Enterprise Ireland and IDA Ireland, support client companies to conserve water and to sustainably use and protect water resources. Water conservation is included under the National Development Plan (NDP) and is funded through Irish Water. As per the NDP, over the period from 2021-2025 almost €6bn in investment will be undertaken by Irish Water, of which over €4.5 billion will be Voted Exchequer funded. This investment in public water infrastructure will deliver outcomes for conservation, in addition to quality and future proofing. As Irish Water is under the aegis of the Department of Housing, Local Government and Heritage, the Deputy may wish to seek a further update from that Department.

Departmental Funding

Questions (171)

Louise O'Reilly

Question:

171. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the amount of funding allocated to the green skills programmes in 2021, 2022, and to date in 2023, in tabular form; and if he will make a statement on the matter. [5360/23]

View answer

Written answers

The Green Skills programmes are a matter for my colleague, the Minister of Further and Higher Education, Research, Innovation and Science and it would be appropriate for his Department to respond on the funding allocated to these programmes.

The Deputy might be interested to note that in 2021 The Expert Group on Future Skills Needs (EGFSN), the Secretariat for which is based in my Department, undertook a study on the nature and quantity of skills required between now and 2030 to deliver on some of the key enabling measures in the Climate Action Plan. The resulting study, Skills for Zero Carbon: The Demand for Renewable Energy, Residential Retrofit and Electric Vehicle Deployment Skills to 2030, was published by the EGFSN on 24th November 2021, and the Government committed to acting on its findings in both Housing for All - A New Housing Plan for Ireland and the Climate Action Plan, through a range of upskilling, reskilling and apprenticeship supports.

My Department also provides green transition supports to enterprise which includes the Green Transition Fund, Enterprise Emissions Reduction Investment Fund and Green4Micro.  Two new State backed loan schemes to aid sustainability were also announced as part of Budget 2023; the recently launched Ukraine Credit Guarantee Scheme and the Growth and Sustainability Loan Scheme, which will be launched in the market in the first half of 2023.

Departmental Schemes

Questions (172)

Louise O'Reilly

Question:

172. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the amount of funding allocated to innovation vouchers in 2021, 2022, and to date in 2023, in tabular form; and if he will make a statement on the matter. [5364/23]

View answer

Written answers

My Department, though Enterprise Ireland, funds the Innovation Voucher programme. 

The Innovation Voucher Programme is designed to build links between Ireland's public knowledge providers and small businesses and help to create a cultural shift in the small business community's approach to innovation. This action is about ensuring that the opportunities that the collaborative project habit engenders is available to the broadest number of companies.  The €5,000 Vouchers encourage companies and public knowledge providers (higher education institutions and research performing bodies) to work together on specific innovation questions and projects related to the company’s needs.  The nature of such projects will be such that they transfer knowledge that is new to the company.  The company may use the new knowledge to innovate a product, production process or service.

All small and medium-sized limited companies, in all sectors of the Irish economy are eligible to apply for an innovation voucher. The only exclusions on a sectoral basis are enterprises in the agricultural sector, in line with State Aid rules. Enterprises in the agricultural sector have their own suite of supports.

Data on Innovation Vouchers is collated on the basis of the time of redemption of the Voucher, rather than the date of issue.  The table below shows the funding allocated to redeem Innovation Vouchers in 2021, 2022 and to date in 2023 (1st February).

 

2021

2022

To Date 2023

Value of  Redeemed vouchers

€1,963,072.57

€1,898,526.29

€20,000.00

 

 

 

 

Ukraine War

Questions (173)

Louise O'Reilly

Question:

173. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the capital, current and total 2023 budget allocation for the Ukraine enterprise crisis scheme, in tabular form; and if he will make a statement on the matter. [5365/23]

View answer

Written answers

Funding of €4.5 million has been allocated from the capital carryover allocation of €24 million  for Enterprise Ireland subhead A7 in REV 2023 by way of initial support for the Ukraine Enterprise Crisis Scheme this year.

As agreed by Government, my Department will engage with the Department of Public Expenditure and Reform to secure additional substantial funding for the Scheme from the contingency identified in Budget 2023 to fund temporary measures related to ongoing impacts of Covid  and the Ukrainian crisis.

It will be recalled that the EU Commission has already approved state aid funding for this Scheme of up to €200 million. 

Departmental Schemes

Questions (174, 182, 186)

Louise O'Reilly

Question:

174. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the amount of funding allocated to eSPSV business loan in 2021, 2022, and to date in 2023, in tabular form; and if he will make a statement on the matter. [5373/23]

View answer

Louise O'Reilly

Question:

182. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the capital, current and total 2023 budget allocation for the Covid-19 business loan phase 2 and Covid-19 loan scheme, in tabular form; and if he will make a statement on the matter. [5382/23]

View answer

Louise O'Reilly

Question:

186. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the capital, current and total 2023 budget allocation for the microenterprise loan fund, in tabular form; and if he will make a statement on the matter. [5386/23]

View answer

Written answers

I propose to take Questions Nos. 174, 182 and 186 together.

There is a 2023 Budget Capital allocation of one thousand euro for the Microenterprise Loan Fund in the Department of Enterprise, Trade and Employment Vote, as set out in the following table:

Microenterprise loan Fund

2023

Capital

€1,000

Current

Nil

Total

€1,000

There is no 2023 Budget allocation for the Microfinance Ireland (MFI) Covid-19 business loan phase 2 and MFI Covid-19 loan scheme in the Department of Enterprise, Trade and Employment Vote, as set out in the following table:

MFI Covid-19 business loan phase 2 and Covid-19 loan scheme

2023

Capital

Nil

Current

Nil

Total

Nil

There is no 2021, 2022 or 2023 Budget allocation for the MFI eSPSV business loan scheme in the Department of Enterprise, Trade and Employment Vote, as set out in the following table

eSPSV business loan

2021

2022

To date in 2023

Capital

Nil

Nil

Nil

Current

Nil

Nil

Nil

Total

Nil

Nil

Nil

The Microenterprise Loan Fund, operated by Microfinance Ireland (MFI) assists microenterprises, businesses with fewer than ten employees and/or turnover less than €2 million, that are not able to access lending from conventional sources. It provides much-needed funding to help microenterprises meet payments for stock, working capital requirements and other overhead expenses through the provision of lending facilities at attractive terms and conditions, that would otherwise not be available to them.

In addition to its lending services, MFI provides post approval mentoring services free of charge to its borrowers. The mentoring services are delivered through the Local Enterprise Office Network.

Microfinance Ireland provides vital support to microenterprises by filling the lending gap in the market by lending to business that cannot obtain loans from other commercial lenders. It provides loans of €2,000 up to €25,000 to businesses that do not meet the conventional risk criteria applied by commercial lenders and applies interest rate charges for its lending which are not reflective of its credit risk.

The loan term is typically three years for working capital purposes and can be extended to five years for capital expenditures. Interest rates range from between 4.5% for clients of Local Enterprise Offices and other partners to 5.5% for direct applications. There is wide regional spread of loans across the country with 81% of loans approved in 2022 to microenterprises outside Dublin.

The dominant sectors availing of loans from MFI have been the wholesale and retail sector (21%), accommodation and food services (11%), manufacturing (10%) and construction (9%). From the 1st of Oct 2012 to 31st December 2022, the Fund approved loans to 4,635 micro-enterprises for a total value of €76.9million. These funds supported over 10,000 jobs.

MFI, in consultation with the Department of Enterprise, Trade and Employment, introduced its COVID-19 Business Loan as one of the first supports available to business in response to the pandemic. Loans of up to €50,000 were initially made available from March 2020 up to July 2020 under phase 1 of the scheme at reduced interest rates. Phase 2 of the scheme was launched at the end of August 2020. Loans under phase 2 of the scheme continued to be available at reduced interest rates with an additional 6-month interest rebate. Maximum loan amounts were €25,000 in line with MFI’s standard loan portfolio. There was a total of 1,177 MFI Covid loans sanctioned to the value of €27.5 million. This scheme ceased on 31st December 2022.

The eSPSV Business Loan supports small business owners with a Small Public Service Vehicle (SPSV) that are unable to secure finance from Banks and Asset Finance providers and are availing of the government’s eSPSV Grant Scheme to replace their vehicle with a more sustainable model (electric/hybrid). This scheme ceased 31st December 2022.

The Strategic Banking Corporation of Ireland (SBCI) and MFI agreed in September 2021 a new partnership enhancing the availability of lower-cost MFI loans for Irish microenterprises. The SBCI has committed €30 million to MFI which significantly increases MFI’s lending capacity and ability to support more micro enterprises. The lower cost of the SBCI funding will allow MFI to offer lower rates on its Start Up, Cashflow and Business Expansion loans.

Departmental Schemes

Questions (175)

Louise O'Reilly

Question:

175. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the amount of funding allocated to the agile innovation fund in 2021, 2022, and to date in 2023, in tabular form; and if he will make a statement on the matter. [5374/23]

View answer

Written answers

The Agile Innovation Fund is funded by my Department, through Enterprise Ireland.

Enterprise Ireland supports companies across Ireland to start, innovate and remain competitive in international markets, now and into the future. They provide grant support for companies to carry out in-house research and development, and also to harness the knowledge and expertise of the Higher Education Sector.

The Agile Innovation Fund provides companies with rapid access to innovation funding and supports the development of new or substantially improved products, services or processes. It features a streamlined online application form with fast-track approval and supports companies in sectors with rapid design cycles to maintain their technology position.  The benefits of this Fund are that it allows for a very simple application process and delivers a very fast response from application to approval.

This Fund allows companies to access up to 50% in support for product, process or service development projects. Projects may range from solving technical research and development challenges to innovations in services delivery or business models.   The Fund is open for applications all year round and is open to clients of Enterprise Ireland (EI), Local Enterprise Offices and Údarás na Gaeltachta.

The table below shows the value of the approvals of funding made to companies under the Fund which have been approved by committees in Enterprise Ireland, Local Enterprise Offices and Údarás na Gaeltachta and then offered to companies in letters of offer. 

Year

Grants approved to companies

2021

€8,1m

2022

€5,7m

2023 (YTD 01/02/2023)

€0.2m

Total

€14m

Departmental Schemes

Questions (176)

Louise O'Reilly

Question:

176. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the amount of funding allocated to the research, development and innovation fund – enterprise emissions reduction investment fund in 2021, 2022, and to date in 2023, in tabular form; and if he will make a statement on the matter. [5375/23]

View answer

Written answers

I propose to take PQs 5375/23, 5376/23 and 5377/23 together.

In Budget 2022, Government announced that €55 million would be made available under the National Recovery & Resilience Plan to assist enterprises through the Green Transition Fund. This budget is split into two streams, the Enterprise Emissions Reduction Investment Fund (EERIF) (€30m) and the Climate Planning Fund for Business (€25m) which will both run from 2022 until the end of 2025.

The EERIF is available to manufacturing companies of all sizes and provides capital grant aid to incentivise adoption of CO2 abatement technologies in their processes. It facilitates accelerated action on potential cost savings and abatement by funding the installation of Energy Metering and Monitoring Control Systems and carbon-neutral, low to medium temperature process heating such as electric heat-pumps or biogas processes.

The objectives of the fund are to:

- Reduce the payback period of key carbon reducing technologies at plant level by incentivising companies to invest in, and adopt these technologies; and,

- Increase the resilience of companies to climate change and assist them to accelerate progress towards a net carbon zero pathway

The EERIF is made up of three separate schemes, outlined below:

Capital investment for decarbonisation processes [Scheme 1]: To incentivise companies to decarbonise through investment in CO2 reducing technologies in manufacturing combustion processes by reducing the payback period of key carbon reducing technologies at plant level.

Capital investment in Energy Metering [Scheme 2]: To incentivise companies to put in place monitoring and targeting systems to begin accounting for the carbon footprint of their activities

Research, Development and Innovation [Scheme 3]:

R&D Feasibility: Assistance to carry out explorative work assessing the resource requirements and the strengths, weaknesses opportunities and threats of a potential R&D project in the area of sustainability

Innovation Vouchers: Providing assistance to SMEs to explore a business opportunity or problem with a registered knowledge provider in the areas of sustainability and decarbonisation

Exploring Innovation: The Exploring Innovation grant will promote better planning of R&D, innovation or international collaboration projects in the areas of sustainability and decarbonisation through prototype development, analysis of commercial feasibility, investigating solutions from 3rd level and encouraging companies to think strategically around disruptive technologies.

Research & Development: Assisting the development of new or substantially improved products, services or processes, in the areas of sustainability and decarbonisation, which will have a competitive advantage in a company’s target market and provide enhanced customer experience.

As articulated in the Government’s recent White Paper on Enterprise, transforming the sustainability of Irish enterprise is key to competitiveness in the future. Helping enterprise to engage with, adapt to, and realise opportunities from the low carbon transition, will be critical to the long-term, sustainable growth of Irish enterprise. 

 

Support offered to companies under the EERIF in 2021,2022 & 2023.

2023

Client Offer

No. Projects Approved

Approval € 

 Payment € 

2. Capital investment for Energy Monitoring & Tracking (EM&T) Systems

<5

      12,304.00 

0

2022

Client Offer

No. Projects Approved

Approval € 

 Payment € 

1.       Capital investment for decarbonisation processes

<5

    309,000.00 

0

2.       Capital investment for Energy Monitoring & Tracking (EM & T) Systems

<5

      84,851.00 

0

3.i. R&D Feasibility

0

0

0

3.ii. Innovation Vouchers

0

0

0

3.iii. Exploring Innovation

<5

    325,968.00 

0

3.iv. R&D Fund

<5

    128,781.00 

0

2021

The Enterprise Emission Reduction Investment Fund was launched in 2022 and therefore no funding was approved or paid in 2021. 

Environmental Schemes

Questions (177)

Louise O'Reilly

Question:

177. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the capital, current and total 2023 budget allocation for capital investment for the decarbonisation process, in tabular form; and if he will make a statement on the matter. [5376/23]

View answer

Written answers

I propose to take PQs 5375/23, 5376/23 and 5377/23 together.

In Budget 2022, Government announced that €55 million would be made available under the National Recovery & Resilience Plan to assist enterprises through the Green Transition Fund. This budget is split into two streams, the Enterprise Emissions Reduction Investment Fund (EERIF) (€30m) and the Climate Planning Fund for Business (€25m) which will both run from 2022 until the end of 2025.

The EERIF is available to manufacturing companies of all sizes and provides capital grant aid to incentivise adoption of CO2  abatement technologies in their processes. It facilitates accelerated action on potential cost savings and abatement by funding the installation of Energy Metering and Monitoring Control Systems and carbon-neutral, low to medium temperature process heating such as electric heat-pumps or biogas processes.

The objectives of the fund are to:

- Reduce the payback period of key carbon reducing technologies at plant level by incentivising companies to invest in, and adopt these technologies; and,

- Increase the resilience of companies to climate change and assist them to accelerate progress towards a net carbon zero pathway

The EERIF is made up of three separate schemes, outlined below:

Capital investment for decarbonisation processes [Scheme 1]:  To incentivise companies to decarbonise through investment in CO2 reducing technologies in manufacturing combustion processes by reducing the payback period of key carbon reducing technologies at plant level.

Capital investment in Energy Metering [Scheme 2]:  To incentivise companies to put in place monitoring and targeting systems to begin accounting for the carbon footprint of their activities

Research, Development and Innovation [Scheme 3]:

R&D Feasibility: Assistance to carry out explorative work assessing the resource requirements and the strengths, weaknesses opportunities and threats of a potential R&D project in the area of sustainability

Innovation Vouchers: Providing assistance to SMEs to explore a business opportunity or problem with a registered knowledge provider in the areas of sustainability and decarbonisation

Exploring Innovation: The Exploring Innovation grant will promote better planning of R&D, innovation or international collaboration projects in the areas of sustainability and decarbonisation through prototype development, analysis of commercial feasibility, investigating solutions from 3rd level and encouraging companies to think strategically around disruptive technologies.

Research & Development: Assisting the development of new or substantially improved products, services or processes, in the areas of sustainability and decarbonisation, which will have a competitive advantage in a company’s target market and provide enhanced customer experience.

As articulated in the Government’s recent White Paper on Enterprise, transforming the sustainability of Irish enterprise is key to competitiveness in the future. Helping enterprise to engage with, adapt to, and realise opportunities from the low carbon transition, will be critical to the long-term, sustainable growth of Irish enterprise. 

 

Support offered to companies under the EERIF in 2021,2022 & 2023.

2023

Client Offer

No. Projects Approved

Approval € 

 Payment € 

2. Capital investment for Energy Monitoring & Tracking (EM&T) Systems

<5

      12,304.00 

0

2022

Client Offer

No. Projects Approved

Approval € 

 Payment € 

1.       Capital investment for decarbonisation processes

<5

    309,000.00 

0

2.       Capital investment for Energy Monitoring & Tracking (EM & T) Systems

<5

      84,851.00 

0

3.i. R&D Feasibility

0

0

0

3.ii. Innovation Vouchers

0

0

0

3.iii. Exploring Innovation

<5

    325,968.00 

0

3.iv. R&D Fund

<5

    128,781.00 

0

2021

The Enterprise Emission Reduction Investment Fund was launched in 2022 and therefore no funding was approved or paid in 2021. 

Energy Conservation

Questions (178)

Louise O'Reilly

Question:

178. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the amount of funding allocated to energy monitoring and tracking systems in 2021, 2022, and to date in 2023, in tabular form; and if he will make a statement on the matter. [5377/23]

View answer

Written answers

I propose to take PQs 5375/23, 5376/23 and 5377/23 together.

In Budget 2022, Government announced that €55 million would be made available under the National Recovery & Resilience Plan to assist enterprises through the Green Transition Fund. This budget is split into two streams, the Enterprise Emissions Reduction Investment Fund (EERIF) (€30m) and the Climate Planning Fund for Business (€25m) which will both run from 2022 until the end of 2025.

The EERIF is available to manufacturing companies of all sizes and provides capital grant aid to incentivise adoption of CO2  abatement technologies in their processes. It facilitates accelerated action on potential cost savings and abatement by funding the installation of Energy Metering and Monitoring Control Systems and carbon-neutral, low to medium temperature process heating such as electric heat-pumps or biogas processes.

The objectives of the fund are to:

- Reduce the payback period of key carbon reducing technologies at plant level by incentivising companies to invest in, and adopt these technologies; and,

- Increase the resilience of companies to climate change and assist them to accelerate progress towards a net carbon zero pathway

The EERIF is made up of three separate schemes, outlined below:

Capital investment for decarbonisation processes [Scheme 1]:  To incentivise companies to decarbonise through investment in CO2 reducing technologies in manufacturing combustion processes by reducing the payback period of key carbon reducing technologies at plant level.

Capital investment in Energy Metering [Scheme 2]:  To incentivise companies to put in place monitoring and targeting systems to begin accounting for the carbon footprint of their activities

Research, Development and Innovation [Scheme 3]:

R&D Feasibility: Assistance to carry out explorative work assessing the resource requirements and the strengths, weaknesses opportunities and threats of a potential R&D project in the area of sustainability

Innovation Vouchers: Providing assistance to SMEs to explore a business opportunity or problem with a registered knowledge provider in the areas of sustainability and decarbonisation

Exploring Innovation: The Exploring Innovation grant will promote better planning of R&D, innovation or international collaboration projects in the areas of sustainability and decarbonisation through prototype development, analysis of commercial feasibility, investigating solutions from 3rd level and encouraging companies to think strategically around disruptive technologies.

Research & Development: Assisting the development of new or substantially improved products, services or processes, in the areas of sustainability and decarbonisation, which will have a competitive advantage in a company’s target market and provide enhanced customer experience.

As articulated in the Government’s recent White Paper on Enterprise, transforming the sustainability of Irish enterprise is key to competitiveness in the future. Helping enterprise to engage with, adapt to, and realise opportunities from the low carbon transition, will be critical to the long-term, sustainable growth of Irish enterprise. 

 

Support offered to companies under the EERIF in 2021,2022 & 2023.

2023

Client Offer

No. Projects Approved

Approval € 

 Payment € 

2. Capital investment for Energy Monitoring & Tracking (EM&T) Systems

<5

      12,304.00 

0

2022

Client Offer

No. Projects Approved

Approval € 

 Payment € 

1.       Capital investment for decarbonisation processes

<5

    309,000.00 

0

2.       Capital investment for Energy Monitoring & Tracking (EM & T) Systems

<5

      84,851.00 

0

3.i. R&D Feasibility

0

0

0

3.ii. Innovation Vouchers

0

0

0

3.iii. Exploring Innovation

<5

    325,968.00 

0

3.iv. R&D Fund

<5

    128,781.00 

0

2021

The Enterprise Emission Reduction Investment Fund was launched in 2022 and therefore no funding was approved or paid in 2021. 

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