Government Developing New Enterprise Plan for Dublin

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Plan will set out how Dublin region will recover from pandemic

Climate action & digitalisation will feature heavily in new plan

2 June 2021 The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar T.D. is meeting with the Dublin Chamber of Commerce, local authorities, TU Dublin and Government agencies today to kick off the development of a new Regional Enterprise Plan for the Dublin region.

There will be nine new Regional Enterprise Plans for the country, as part of the Government’s commitment to bring good jobs and a strong post-pandemic economic recovery to every part of Ireland.

The Tánaiste said:

“We are developing new, region-specific economic recovery plans for the entire country. These plans will help businesses not only to rebuild after what has been an incredibly challenging few months, but also to look forward and prepare for the future. Our objective is long-term, secure employment in every part of the country.

“We are kicking off the process for the Dublin region today. Dublin is internationally recognised as a leader in areas such as digital and internet services, financial services, international education and life-sciences. However, there is no doubt that Covid-19 has had a really negative impact on some businesses with the pandemic having a ‘hollowing out’ effect on the city centre especially.

“As well as helping businesses rebuild after Covid-19, we also need to look further ahead to the future. Climate action and the rise of digitalisation will continue to have a really transformative effect in the years to come. We need to look at how we stay ahead, make the most of the opportunities available, while also preparing for the challenges they bring.

“We are very much taking a bottom up approach, it will be led by local business leaders and those that work and live in the region. It will be the same for all nine of the Regional Enterprise Plans, as we are in the process of refreshing all of them.

“I’d like to welcome Susan Spence, co-founder of SoftCo who is the new chairperson guiding the development of the Dublin region’s Plan. I know Susan’s experience and energy will be a huge benefit to the development of this new Plan for the Dublin region.”

The refresh of the Regional Enterprise Plans to 2024 is a commitment in the Programme for Government and an important element in the Government’s National Economic Recovery Plan published yesterday. Nine Plans have commenced preparation around the country. A new National Oversight Group, jointly chaired by Ministers English and Troy, has been established to oversee the development of the new Plans and to monitor their implementation at National level through until 2024.

Minister for Business, Employment and Retail, Damien English, T.D. said:

“With the challenges facing us, it is timely to reassess and repurpose these Enterprise plans across all regions so that we can ensure sustainable economic recovery and continue to build on the region strengths and opportunities for the benefit of local businesses, jobs and communities.”

Minister for Trade Promotion, Digital and Company Regulation, Robert Troy, T.D. said:

“In developing the new Regional Enterprise Plans to 2024, our focus is on a process that enables local stakeholders from both the public and private sectors to collaborate and work together on initiatives that target areas for improvement and deliver on opportunities specific to each region. Given the past year, I believe we can offer some hope and purpose to the businesses and communities in each region with these new Enterprise Plans and chart a course for a recovery for the whole country.”

The new Regional Enterprise Plans to 2024 will see each region delivering a prioritised enterprise action plan over a three-year period. Through these Plans, the Government wants to create the conditions for entrepreneurs to start and scale their businesses, new investment and business growth, and increased employment in every region.

Since 2017, the Government has awarded over €117m in funding through Enterprise Ireland for collaborative enterprise strengthening projects around the country, which support the aims and objectives of the Regional Plans to date.

The new Regional Enterprise Plans are expected to be launched in Q3 2021.

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