28/09/2011

Funding To Create 400 Jobs

A sum of |€3.1 million has been dedicated to creating job opportunities in the last few months of 2011.

Minister for Small Business, John Perry TD, today announced the funding to the County and City Enterprise Boards (CEBs).

The money will be taken from savings elsewhere in the Minister’s Department, and is provided in response to specific requests from CEBs. The funding is additional to the €15million already provided to CEBs in 2011.

Minister Perry said: "If we are to get out of this crisis, it is crucial that we strive in every way possible to encourage the start-up and expanding businesses that will create the jobs of the future."

"Funding will go to the 28 CEBs which are experiencing additional demand for their services, and will directly fund projects that will create over 400 jobs around the country," he added.

Each CEB has also examined the funding it currently has available and whether it already has sufficient money to cover the projects coming to them seeking funding over the rest of the year.

Arising from this, seven Boards concluded that they had sufficient funds available to them in 2011.

(LB)


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