€100m regional jobs funding programme to open at end of March – McFadden

Longford/Westmeath Fine Gael TD, Gabrielle McFadden, has been informed by the Minister for Jobs, Enterprise and Innovation, Richard Bruton, that the first phase of Enterprise Ireland’s €100m jobs funding programme introduced as part of the Government’s regional jobs action programme will open at the end of March.

“The Government recently announced details of a new strategy to support enterprise growth and job creation at regional level. Eight Regional Action Plans will be published, starting with the launch of the Midlands strategy very shortly.

“Under the strategy, Enterprise Ireland will have a total fund of €100m for new competitive funding initiatives in the areas of entrepreneurship, innovation, enterprise infrastructure and job creation. An initial fund of €50 million is to be made available.

“The first of these competitive calls, with a budget of €5 million, will focus on community-driven enterprise initiatives and how all the local players, public and private, can work together to maximise job creation.

“A second call, also with a budget of €5 million will focus on Local Enterprise Offices (LEOs) and how innovative new ideas or plans to support job creation in the region can receive additional funding. These first two calls will be made at the end of March.

“A third, broader, competitive regional call of up to €40 million will support significant projects or initiatives to improve or leverage identified enterprise capability in the region.”