Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

What are the Minister's views on other forms of financing available? It is not just a case of banks' lines of credit and Government financing. There is crowd funding on the Internet, whereby people can lend their own money to small local enterprises. In the United Kingdom up to €90 million has been lent in this way, with a default rate of only 1%. In Ireland €175,000 has been raised thus far, for only five businesses. There are 1,250 registered lenders willing to lend their own money to small local businesses. Does the Minister support that kind of initiative? How can we encourage that sector to grow?

See this speech in context