State plans to spend €30m on consumer foods sector

THE Government, through Enterprise Ireland, expects to provide some €30 million over the next five years to progressive companies in the prepared consumer food sector.

Tánaiste Mary Coughlan announced the initiative yesterday when she and Agriculture Minister Brendan Smith launched Enterprise Ireland’s strategy for the accelerated growth and international development of Ireland’s prepared consumer foods industry.

The funding will be directed at research and development, innovation and productivity improvement.