Mr. Mark Horgan:

We are preparing a submission to Enterprise Ireland as part of its call for submissions this week. It is important that the remaining €75 million from the allocated €175 for the seed and venture capital fund should be given for seed and start-up funds. If it is not, we could lose the momentum from the work done over the past number of years with those funds. The €75 million should now be allocated by the Government to seed and start-up funds.