Mr. Ian Brannigan:

No, that is why we call it the talent tool. In large part, they will be people who are from the west. Some 20% of the views on LookWest.ieare from abroad, specifically the United Kingdom, America and Australia. These are people who left and who will return if given half a chance. They hang their curricula vitae on the talent tool and these are then used when a major employer or indigenous firm decides it wants to grow and needs microbiologists or whatever other skill is required. As we already have permission from those using the talent tool, we can ask the employer to look at what we have and either make the investment or, even better, simply contact the individuals. Most of the users will be people who wish to come back as opposed to people living in the region. That is a fair point.

To give the Deputy a straight answer on the cash in hand for the western investment fund, as of last week cash in hand stood at approximately €20 million. I do not recall the exact figure but I can provide it. To put that in context, when we spoke to the Deputy, we would have been lucky to have had €3 million or €4 million on a revolving basis. While that seems like a large amount, we usually disburse between €1.8 million and €2 million a year. We need to retain a little more for investments made because of exemptions and so on. Basically, we were constrained and had no more than what we needed. We are now starting to imagine new things, which is interesting, but only since last year.