Oireachtas Joint and Select Committees
Tuesday, 27 May 2014
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Access to Finance for SMEs: Discussion (Resumed)
1:55 pm
Mr. Mark Horgan:
Typically, many of the innovative technology-based SMEs that operate around the world and in Ireland do not use debt as a way to fund their business. They would use equity. The most important point for Ireland is to make as much equity available as possible to these SMEs because that is their lifeblood. Debt becomes an important funding factor for these companies at a much later stage. That is critical.