Oireachtas Joint and Select Committees

Tuesday, 25 February 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Strengthening the Start-up Community: Discussion

1:50 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

I have worked in the enterprise sector over the years and one thing I have learned is that almost 80% of the people in the sector have a business idea. The majority of these people never act upon their idea because they feel there is a chasm between having an idea and getting to the other side and acting on it. I believe that where the State needs to come in is to ensure that as many of these ideas as possible are captured. It must create a pipeline within society where all of society is orientated towards moving in that direction.

For example, many business people say local authorities are difficult to deal with. We need to work to ensure that local authorities are enterprise orientated. Taxation is also a factor. We have a property bubble in certain parts of the State currently and property is a competitor to enterprise in regard to capital. I agree with what was said in regard to orientating taxes in this regard. On the question of JobBridge, there is a danger this will displace real jobs, just as all grant funding may displace somebody trying to do the right thing. I agree 100% on the need for enterprise to be part of all levels of education. Nobody should leave third level without completing some enterprise component in their course, because most of them will study something that could be commercialised at some level. How can we enterprise proof other parts of society also?

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