Mr. Nick Ashmore:

To go into the wider productivity challenge, much of that is embedded in the long tail of SMEs. The SMEs around the country that provide 60% of employment are not necessarily in the tech or med tech sector. They are doing everything from food services and wholesale operations to distribution. The scope there for digitisation is enormous. It is naturally happening, however.

Prior to this role, I was working with the Strategic Banking Corporation of Ireland. We had a very successful loan scheme called the future growth loan scheme, which was a long-term funding programme with all of that used for investing in those types of activities and improvements. As I understand, there is a new scheme on the way. The appetite is there among those companies. One area of opportunity is maybe a stronger connection from the wider indigenous SME base into those clusters to get access to and learn from some of that innovation.