Mr. Kevin Sherry:

There definitely is a tightening of space for businesses in Dublin, in terms of availability of accommodation and the cost has substantially increased. For early stage companies that does represent a challenge. When there is great availability it provides them with a greater platform to get the business up and running. One of the things we have done earlier this month, for instance, was to have a competitive start fund where we brought people from outside the country for the first time into Ireland to look at establishing a business here. We had 87 applicants and we short-listed 20 groups. We brought them to Cork. The focus for us is to try to try to use such mechanisms to encourage the establishment of businesses outside of Dublin. We have selected ten of those businesses for funding through the competitive start scheme.