Oireachtas Joint and Select Committees
Tuesday, 16 July 2013
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Departmental EU Scrutiny Report: Discussion with Secretary General.
2:15 pm
Mr. John Murphy:
The Senator also asked about SME participation and why it has gone from 15% to 20%. That is a percentage of funding, but I do not have a figure with me now with regard to what percentage of our funding now has come from SMEs. If we look at the €70 billion for Horizon 2020 over the years, the 15% to 20% would give €7.6 billion in 2011 prices; it is quite complicated. There are a number of elements of the programme where there is specific reference to participation of SMEs. Perhaps one of my colleagues would like to deal with this in more detail.