Dáil debates

Wednesday, 27 November 2013

Other Questions

Enterprise Support Schemes

10:10 am

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

I take the Deputy’s point. Linked Finance has made presentations to the State bodies group. We are aware of the possibilities of this potential source of funding. We are also aware of the UK initiative through Funding Circle and its £20 million pot. As it is a lending and investment model, we need to examine the tax implications, returns on investment and regulation. We have the seed and venture capital scheme, the HALO business angel partnership. These are other sources of funding which the State provides through its agencies. We are tracking this issue and will be proactive on the matter.

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