Dáil Éireann Debate, Wednesday - 22 March 2023
52. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the capital and current funding allocation for the regional enterprise innovation scoping scheme in 2022 and 2023; and if he will make a statement on the matter. [14279/23]
View answerThe Regional Enterprise Innovation Scoping Scheme 2022 (REISS) Scheme was funded through capital funding allocation of €5m in 2022. A request for REISS proposals was advertised on 4th April 2022 with a deadline for submissions by 18th May. Full review of the proposals was completed, and 47 successful applicants were announced on 14th July 2022. Email confirmation was provided to all successful applicants on 14th July 2022. The feasibility projects were expected to be completed within 6 months and a final claim date of 18th Nov 2022 was initially highlighted. Enterprise Ireland became aware of the challenges that unforeseen delays have caused projects and an extension to the REISS funding was requested and approved on 8th Sept. This allows the projects to submit a single funding claim up to, and no later than, the 31st March 2023.
47 projects have been approved for a total of €3.5 million in grant support under the Regional Enterprise Innovation Scoping Scheme 2022. Some 15 Projects have been approved for REISS Priming Grants of up to €200,000, while 32 projects have been approved for REISS Feasibility Study grants of up to €50,000.
