The City and County Enterprise Boards are set to award and additional €3.1 million in grant aid by the end of 2011 for business start-up and expansion projects that will create jobs.
Small Business Minister John Perry announced the funding– which comes on top of the €15 million CEB budget for 2011 – at the Small Business Advisory Forum earlier this week. The money will meet the growing demand for CEB services and support job creation by new and expanding businesses – particularly for projects funded through the Business Priming Grant and Business Expansion Grant Schemes.
The Minister 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.
“This 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.
“It is very encouraging that 28 CEBs have sufficient demand from projects in their area to justify these requests, and this shows that the start-up spirit is alive and well in Ireland.”
Source: bizstartup.ie, 29/09/11