Oireachtas Joint and Select Committees

Tuesday, 23 October 2012

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Micro-Enterprise and Small Business Unit: Discussion with EI, ISME and SFA

3:10 pm

Mr. Tom Hayes:

There are two kinds of support: financial support and what is called soft support, which includes training and so on. Any company will be able to avail of the soft support which, in many cases, is as important as if not more important, than financial support. Mentoring, being shown how to and all such support is vital. We would envisage a situation where any company can avail of that support. Under policy and EU guidelines for competition purposes, if there are ten hairdressers in a town and the 11th seeks financial support, it would be difficult to provide support because of displacement.