Smart Regions Enterprise Innovation Scheme

27 | Smart Regions Enterprise Innovation Scheme

ERDF approval for the overall Smart Regions (Enterprise Innovation Scheme) provides 21.1% of funding to projects in the Northern & Western Regional Assembly area, with the balance (78.9%) allocated to projects in the Southern, Eastern and Midlands Regional Assembly area, providing that projects have reached the minimum score required for support. Post approval stage Enterprise Ireland will inform each applicant company of the non/funding decision in their case. In the case of successful applicants, a formal letter of offer will be issued. Appeals Process Enterprise Ireland’s procedure for dealing with appeals is as follows: ώ Potential beneficiaries have the right to contact the Enterprise Ireland Manager Regional Funds to discuss committee decisions and individual scoring. ώ Potential beneficiaries have the right to appeal to the Secretary to the Board of EI. ώ If appeal is successful, re-application will be invited. Appendix E – Compliance Programme Reviews Enterprise Ireland will undertake an internal programme review no more than two years after the commencement of the Scheme. In addition, monitoring will be undertaken of each successful applicant in relation to delivery of the project objectives and achievement of agreed performance metrics, as reported by projects annually and/or on a schedule agreed with Enterprise Ireland. Enterprise Ireland will conduct detailed project reviews with successful Stream One applicants after 5 years, and subsequently at 3-year intervals until the project ceases to operate. Successful Stream Two applicants will have a detailed project review after 3 years. There is a requirement for projects to supply updates, progress reports and financial information on request within 2 weeks of receiving such requests from Enterprise Ireland. Integration of Horizontal Principles Following the screening of the EI co-funded schemes, the following actions will be taken: ώ To monitor and report the gender balance on the Board, Executive Committee, Investment Committee and Project Evaluation Panel. ώ Monitor and report on the gender balance within the Board and staff complement of the DACs or CLGs approved for funding under this programme. ώ Require all applicants to have the appropriate policies and/or guidelines in respect of Equality, Diversity, and Inclusion as part of the application process.

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