Mr. John Hughes:

My colleagues may wish to comment. The IDA has just over 1,800 client companies and for the vast majority, their domestic footprint in Ireland would be an SME even if, under EU rules, it would not qualify as an SME. There is a significant demand across the 1,800 client base because we need them to be competitive within EU competitor jurisdictions, never mind globally. There would be a significant percentage of that client base that still needs to progress that journey.