Mr. Niall O'Donnellan:

What we have done to address this matter, which has been an issue for existing companies for some time, was launch the development capital scheme. Under this scheme, we have invested in three funds that are now actively looking for companies in which to invest. The funds available are in the order of between approximately €1 million and €10 million. The three funds, Carlyle, MML and BDO, are actively looking for companies in the marketplace. One investment has been made public and at least on further investment has been closed and will be shortly made public. There is, therefore, a pipeline.

That is one aspect of it. The other element that recently came into play are funds from the National Pensions Reserve Fund. The funding available is at a higher level in some cases but remains complementary.