Dáil debates

Thursday, 10 October 2013

Other Questions

Seed Capital Scheme

5:00 pm

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

The Minister mentioned 150 investments in 2012 worth €81 million. How many jobs are they currently sustaining? I am concerned that it will go the same way as the microfinance and loan guarantee schemes in terms of ignorance. What specific role will Enterprise Ireland have in this regard or will it be using its high potential start-ups client base to promote this scheme? What kind of system has the Minister put in place to review the scheme in order that my first concern does not happen, viable long-term jobs will be supported, and supported companies can continue to draw on and access other sources of finance?

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