The Minister for Business, Enterprise and Innovation, Heather Humphreys has today announced that she would be making a further €30 million available through a Second Call for Proposals under the Regional Enterprise Development Fund (REDF).
As announced at the recent launch of Project Ireland 2040, the Fund will now operate on a rolling basis through the National Development Plan. It is administered for Minister Humphreys’ Department by the State Agency, Enterprise Ireland.
The announcement was made by Minister Humphreys at Farmleigh House, Dublin where she met with the Chairpersons and representatives from the Regional Action Plan for Jobs Implementation Committees to discuss new priority initiatives for the Regional Action Plans over the period to 2020.
Announcing the opening of the Second Call under the €60 million Regional Enterprise Development Fund, the Minister said, "In December, I was delighted to announce the award of €30.5m to 21 collaborative projects right across the country. Now that the Second Call is open, I look forward to seeing many more exciting, innovative initiatives to drive employment creation in our regions. Under this Fund, each region will secure a minimum of €2 million once projects meet the required standard."
She added, "There is an opportunity here for regional stakeholders, both public and private sector, to work together and bring forward initiatives that build on each region’s unique strengths. This is all with a view to enhancing the enterprise and job creation potential in their region."