Oireachtas Joint and Select Committees
Tuesday, 17 November 2015
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2015: Committee Stage
4:00 pm
Michael Noonan (Limerick City, Fine Gael)
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The investor puts money into a fund in the normal way for the purposes of investing. The fund managers have the knowledge of appropriate and fruitful investments. The target companies are SMEs. It is part of the general incentive package to get investment funds into SMEs. It seems to be working, even though it is a limited scheme.