Category: State Assistance

The New Frontier Entrepreneurial Development Program is run in partnership with the Institutes of Technology.  It supports entrepreneurs to move their business to an investor ready stage.  It provides mentoring, incubation space and a €15,000 scholarship payment to help accelerate development and equip the promoter with the requisite skills. A mentor may be made available […]

The Market Access Grant is one of the key supports that Enterprise Ireland employs, in order to assist companies to build their businesses in international market.  The EI client company may use all or a combination of new staff, reassigned staff or consultants to undertake the project. It may incur marketing costs up to market […]

The Strategic Banking Corporation of Ireland Act, 2014 establishes the Strategic Banking Corporation of Ireland.  Its purpose is to lend strategically within the economy. It is  focus on the credit needs of small to medium sized enterprises in the first instance.  It is intended that in due course, other areas of the economy where credit […]

Science Foundation Ireland was established in 2003 to promote, development and assist in carrying out orientated research in strategic areas of scientific endeavour, that concerns future development and competitiveness of industry and enterprise in the State.  The legislation  contemplated a number of strategic areas, including information and communications technologies, biotechnology and later, sustainable energy and […]

Enterprise Ireland is the State agency with primary responsibility for the development of manufacture and internationally traded services.  It provides funding and support for domestic businesses.  The businesses assisted range from start ups, those with relatively small scale activities with high potential start up to larger companies who wish to expand their activities. EI  seeks […]

The Industrial Development Act 1995 recognised the County Enterprise Boards which had been established in 1993. It made provision for grants to enable CEBs for the purpose of meeting their administration and other expenses. A CEB was empowered,  for the purpose of assisting economic development within its area by means of enterprise creation or business […]

The agencies (IDA(Ireland) and Enterprise Ireland) have power to facilitate provision of sites for the establishment for the establishment, development and maintenance of industrial undertakings. They may acquire land by agreement compulsorily. They may construct, adopt and maintain buildings and provide services for the same. The agencies  may make grants to entities which themselves construct […]

In earlier decades, the IDA (established in 1949 as the Industrial Development Authority) concentrated on traditional labor intensive industry. In the 1970s and 80s, its focus changed to more advanced technologies, including electronics, pharmaceutical and chemical industries. Údarás na Gaeltachta was established in 1979 with responsibility for industrial (and certain other policies) in Gaeltacht areas. […]

The Industrial Development Authority was formed in 1949. In 1994, it became the Industrial Development Agency Ireland or IDA Ireland. The IDA has branches throughout the world. IDA Ireland is the State body  which seeks foreign direct investment. It has been very successful over the last 40 years, in attracting significant investment to Ireland, based […]

Ireland’s Industrial Policy has been a key part of its economic strategy for over 60 years. A key element has been the attraction of foreign direct investment by various supports and incentives, in particular, taxation incentives. The Industrial Development Authority was first established in 1950 and has played a central role in industrial policy. IDA […]

The Western Development Commission was established under the Western Development Act 1988 to promote economic and social development in the counties of Clare, Donegal, Leitrim, Mayo, Roscommon and Sligo. The Commission is a corporate body.  Its functions are to provide assist,  foster and encourage economic and social development in the western region. This is to […]

The Dublin Hub Development Agency The Dublin Hub Development Agency, Act 2003 provided for the establishment of Digital Media Development Limited as the Dublin Hub Development Agency, under the auspices of the Minister for Public Enterprise.  The company had originally been established by the government in 2000 under the Department of the Taoiseach. It was […]