Oireachtas Joint and Select Committees
Tuesday, 13 November 2012
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Job Creation and Sustainability: Discussion with Chambers Ireland
3:40 pm
Áine Collins (Cork North West, Fine Gael)
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Some businesses can qualify if they want to set up a new company or get into a new area. That more people do not use this process is baffling. Access to the business incentive scheme has been made easier. Accountants are setting up funds and using clients' money to invest in three or four of them, which was not the case previously. Rather, an accountant would raise money for a client. There seems to be activity in that space. The seed capital scheme is great but only one client used it in my time as an accountant.