Seanad debates

Thursday, 17 July 2014

Strategic Banking Corporation of Ireland Bill 2014: Committee Stage

 

1:05 pm

Photo of Fidelma Healy EamesFidelma Healy Eames (Fine Gael) | Oireachtas source

I wish to follow up on the issue Senator Zappone has raised, namely, whether the banking corporation could have a role in social entrepreneurship. Not everything has the hard-and-fast approach of SMEs but yet in communities throughout the country social entrepreneurship can have a wonderful impact. It can have strong social as well as economic outcomes. At a time when a country has been through a recession and high unemployment it is so important to give life throughout the country. We often hear many worthwhile proposals in the form of social entrepreneurship. From that point of view I am keen to establish if the strategic banking corporation could have a role in that regard.

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