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07 Dec 2021

Kilkenny's IDA companies received one of the lowest amounts in grant aid nationwide

The figures revealed that Kilkenny based companies received...

Kilkenny's IDA companies received one of the lowest amounts in grant aid nationwide

In 2013 and 2014 there was no grant aid paid to Kilkenny based companies by the IDA.

Kilkenny's IDA companies received one of the lowest amounts in grant aid from the State's investment agency with zero monies received in 2013 and 2014.

Sinn Féin's Maurice Quinlivan asked the Minister for Business, Enterprise and Innovation, Heather Humphreys for the amount of grant aid awarded by the IDA in each of the years 2013 to 2016, inclusive, and to date in 2017, by county.

The figures revealed that Kilkenny based companies received €350,000 in 2015 and €440,000 last year with the amounts allocated this year not yet available.

Meanwhile in 2013 and 2014 there was no grant aid paid to Kilkenny based companies by the IDA.

Kilkenny ranked among the lowest last year in grant aid allocations. Laois based companies received €5,000; Wicklow €159,372; Longford €169,542; Monaghan €200,000; Offaly €355,540 and Cavan received €418,271.

Meath, Roscommon, Leitrim based companies received nothing in grant aid form the IDA.

Meanwhile Waterford received almost €11million and Carlow over €1million.

Minister Humphreys said: “It is important to note that grants paid in a particular year are not necessarily linked to either the investments won or the jobs created in that 12-month period.

“Grants are generally drawn down over the lifetime of a project which is normally over a period of three to five years.

“Some investments which result in job creation may not be grant aided and some well-established firms may no longer be receiving grant payments.”

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