Ms Gillian Buckley:

On building, we have only done that for social housing, which tends to get very high-level grants. We would have helped to fund the daycare centre aspect. Again, we have deployed funding in the non-for-profit community sector and we did that in the first decade of our operation but not recently. I am not sure about matched funding. For community lending we are the matched funding. So organisations will have gotten the grant and a community group or not-for-profit organisation will need to provide matched funding.

They come to us to borrow it so they can draw down the grant. With the business case for SMEs, it is completely different because we operate under a state-aid regime, so there are very particular rules around that. We have a lot more flexibility around community lending. We are the match-funding in those cases.