James O'Connor (Cork East, Fianna Fail)

The Irish Fiscal Advisory Council, IFAC gave a very stern warning to the Government yesterday about our level of expenditure. What I want to raise is an important project that the Government could get behind to try to grow our domestic enterprise and entrepreneurial activity in Ireland. I gave a presentation to our parliamentary party in relation to having a national, fully supported accelerator grown and developed in a newly redeveloped IFSC. The country needs this to happen. Given my own party leader's disinterest in it, maybe it is something the Tánaiste might take up. It is important because it could grow our tax base in Ireland and support young entrepreneurs, and we could be proactive about how we grow our domestic tax base.

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