Oireachtas Joint and Select Committees

Wednesday, 20 September 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of the Microenterprise Loan Fund (Amendment) Bill 2023: Discussion

Photo of Louise O'ReillyLouise O'Reilly (Dublin Fingal, Sinn Fein) | Oireachtas source

Is it the intention that targets will be set in terms of expansion or being able to get more money?

As Ms Carberry said, MFI has been an unqualified success, so if something is doing well, do more of it. That makes sense. Is this all that is needed, aside from the funding that, of course, is going to be needed? To give more money out, one has to have more money in. I get that. However, when this legislation goes through, will this be the catalyst for a rapid expansion, or is it intended that the building blocks will be put in place and the expansion will happen gradually?

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