Éamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source

I accept that there are many positives but we have to look every day at where the challenges and opportunities are. On the opportunity side, there are many people at home and abroad working in multinational companies who already have much of the experience the Minister speaks about, which they have earned. They worked their way through the education system and then went to work in industry and so on. What programmes are in place to encourage these people to leave their comfort zone and get involved in setting up and growing industries of their own?

The second part of my question was about incubation companies that come out of the universities. In many places around the world where industry has developed in modern times, it came out of education establishments. How does the Minister propose to ensure that people have access to the risk funds that are necessary to bring incubations onto the market? The Western Development Commission was very successful in taking a punt and had more winners than losers. What does the Minister propose to do to ensure there is a steady flow of cash? There will be some losers and some winners, but there will be more winners than losers.

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