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€250 million plan to accelerate jobs growth across Ireland

Staff writer ▼ | February 19, 2015
The Ireland Government announced details of its 5-year, €250 million strategy aimed at accelerating the jobs recovery in every part of the country.
Jobs Ireland
Ireland   Action plan for jobs
Action Plan for Jobs – Regional is based on the principle that the best way to support job-creation in towns and villages across the country is to support agencies and organisations within each region to build on the particular strengths and assets of their area and drive new job-creation strategies and projects. The initiative is being led by Minister for Jobs, Enterprise and Innovation Richard Bruton and will include three main elements:

Each of the 8 regions:
South East: Carlow, Kilkenny, South Tipperary, Wexford, Waterford
South West: Kerry and Cork
Mid West: Clare, North Tipperary, Limerick
West: Mayo, Roscommon, Galway
Midlands: Laois, Longford, Offaly, Westmeath
Border: Cavan, Donegal, Leitrim, Louth, Monaghan, Sligo
Mid East: Kildare, Meath, Wicklow
Dublin
will develop its own Action Plan. Lead responsibility for coordinating the development of the plan will be assiged to an Enterprise Ireland or IDA Ireland official in each region.

Stakeholders including enterprise agencies, educational institutions, local authorities, business and community groups will be responsible for working together to develop the Action Plan in each region. The first plan will be published in the coming weeks for the Midlands, with 6 plans published by July and all 8 in place by Q3.

To support and encourage regional stakeholders in working together, up to €100 million in Enterprise Ireland funding will be made available over 5 years through a series of competitive calls. The first tranche of €50 million will be made available from 2015. Funding under these programmes will be allocated on a competitive basis, with most funds awarded to regional projects offering the best prospects for job-creation.

IDA Ireland will roll out a 5-year €150 million capital investment programme to help attract more multinational jobs into each region. This programme will build on the recent investment by IDA in facilities in Athlone and Waterford, and will include investments over the coming years in building advance manufacturing and office facilities in Sligo, Tralee, Castlebar, Galway, Dundalk, Limerick, Athlone, Carlow and Waterford.

The Taoiseach said: "While recovery is under way, we cannot let it bypass families or communities on the basis of their location. Irish recovery is for all of Ireland. Today, the Government is publishing a €250 million plan to ensure that no part of Ireland is left behind in the jobs recovery. While every part of the country has seen an increase in jobs since 2012, we can and must do more."

The plan also includes up to €150 million for an IDA property investment programme to attract foreign direct investment into different parts of Ireland. All of these initiatives are part of the Government's strategy to rebuild a strong, enterprise economy that can support full employment."

The Minister for Jobs, Enterprise and Innovation said: "Over the past three years 80,000 extra jobs have been created across the country, with well over half of these jobs located outside Dublin. However many people have not yet felt the benefits, and some regions are experiencing faster jobs growth than others.

"That is why, as part of our plan to deliver sustainable full employment, we are putting in place this new strategy to accelerate jobs growth in towns and villages across the country."


 

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