Mr. John Treacy:

Dublin docklands is known internationally as "Silicon Docks" and we host some of the most innovative companies in the world. As we sit here, the next Twitter, Google or Facebook is in Dublin docklands trying to grow and, from our perspective and our experience from chatting to our members, we could be doing so much more to help that.

According to our research and analysis, the docklands can hold another 25,000 to 35,000 jobs. While it will do that, the question is whether that will be in two years or 20 years time. This employment will add millions of euro in PAYE, PRSI, rates, VAT and corporation tax and that all will help speed up national recovery. From our perspective, however, we need to be doing so much more.

There are incredible incubators and accelerators, such as Wayra, Dogpatch and HealthXL, and we have star companies crying out to grow, such as Realex Payments, Ancestry.com, Ultimate Rugby, Nurse Buddy and Logentries, but we are just missing some of the old resources that were there previously. The DDDA, which, as we all will be aware, made some mistakes, in fairness, had fantastic resources to be that catalyst in the docklands to join small companies with big companies, connect supply and demand, and facilitate growth.

From the dissolution Bill, the consultative forum will need more specific powers and more specific budget influence, and it needs to be representative of large companies, small companies, traditional industry, the Internet companies but also these start-up hubs. We would welcome the committee's thoughts on that.