Oireachtas Joint and Select Committees

Tuesday, 31 March 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Green Paper on Capital Markets Union: Discussion

2:00 pm

Photo of Ciarán CannonCiarán Cannon (Galway East, Fine Gael) | Oireachtas source

My next question was to have been about crowd funding because it is an area I have a lot of interest in and one that is vastly under-utilised in terms of funding opportunities for Irish SMEs and micro-businesses. How does Mr. Carrigan envisage making the crowd funding model more accessible to Irish SMEs or somehow legitimising it as a funding opportunity for fledgling Irish businesses? What opportunities does this present to make crowd funding a more viable option in the future or does it present any? It is just something the Department has identified where it sees an opportunity?

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