Oireachtas Joint and Select Committees

Tuesday, 25 March 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Report on Access to Finance for SMEs: InterTradeIreland

2:05 pm

Photo of Feargal QuinnFeargal Quinn (Independent) | Oireachtas source

The gentlemen are very welcome. I have only one question. I have been surprised, in advising some businesses, at the lack of professionalism in regard to funding. People have said they cannot get the money but it turns out the applications they made have been very poor. Where do they go for help with that? Do they know where they can go for help? To what extent is IntertradeIreland able to steer them in that direction?

There are other sources, as the witnesses have told us today, such as crowdfunding and others. Even to do that, however, it is necessary to put in a sensible application. I have found that where SMEs claim they cannot get money and have been turned down, when the application is inspected it appears very poor. Who gives them a hand and do they know where to go?

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