Oireachtas Joint and Select Committees

Tuesday, 17 November 2015

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2015: Committee Stage

4:00 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

The investor puts money into a fund in the normal way for the purposes of investing. The fund managers have the knowledge of appropriate and fruitful investments. The target companies are SMEs. It is part of the general incentive package to get investment funds into SMEs. It seems to be working, even though it is a limited scheme.

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