Ministers of State with the Department of Enterprise, Trade and Employment, Robert Troy TD and Damien English TD today, announced government funding of up to €17 million for regional enterprise projects.
€12 million is being made available to address construction inflation costs and support the completion of existing regionally funded projects under the Regional Enterprise Development and Border Enterprise Development Funds. Up to €6 million will be made available this year with a further €6 million after 2022.
The initial funding of €6 million will be made available by the Department of Enterprise, Trade and Employment through Enterprise Ireland, who will contact existing regional and community based REDF/BEDF projects and advise of the new fund.
Further funding of up to €5 million is being made available to support detailed feasibility studies and for priming project applications in order to develop strong regional enterprise proposals identified through the Regional Enterprise Plans to 2024.
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