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Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: For the Senator's information, the Bill will be published tomorrow.

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: Very successfully.

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: Perhaps it should appeal the decision.

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: The State aid rules apply.

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: I thank Senators White, Keane, Quinn, Harte, Ó Clochartaigh, MacSharry, Landy and Healy Eames for their contributions to this debate. I also thank my officials for their tireless work on this Bill. The Senators made some very interesting points. This legislation will address some of the difficulties being faced every day by SMEs throughout the country, of which I have been made aware daily...

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: Banks are interested in making money. It is important they refocus on their role.

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: The detail in that regard is not yet clear. However, I believe a business's needs would be satisfied by one loan. The domestic banks rely on successful businesses. Senator Keane's concerns will be addressed on Committee Stage. Business is about confidence. The Government has enormous understanding, concern and respect for the 200,000 companies in the Irish economy that employ up to...

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: When it comes to credit control they are hard to beat. We must ensure we have an outlet for entrepreneurial initiative. It is about the marketability of ideas and the chance to turn them into commercial products. Ensuring entrepreneurs are confident about going into business and creating jobs is an essential element of government. Ensuring Ireland is strongly perceived as a good place to...

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: Introducing new products and services, exporting to emerging markets and innovation are all risky. The Bill will enable the Government to absorb some of the risks of lending to businesses so they can get on with what they do best. We must dismantle unnecessary barriers which stymie growth and hold back investment. This is what the Government is determined to do and the Bill moves in this...

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: I welcome this opportunity to present the Credit Guarantee Bill 2012 to the Seanad. The Bill is one of the key targeted actions in the Government Action Plan for Jobs 2012 to address access to credit and support lending to SMEs, and will, I believe, prove to be a practical way of facilitating additional lending to SMEs. This is not a grant nor a support for ailing businesses. It is a scheme...

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: Yes, it will be provided. The plan is an engine for change and will be reviewed and revitalised every year. It is the start of a programme of strategic interventions designed to aid economic recovery and clearly shows the Government's determination to get our economy back on the right path to sustainable, exporting, innovative and enterprise-led growth and through that the creation of...

Seanad: Credit Guarantee Bill 2012: Second Stage (21 Jun 2012)

John Perry: That has been introduced in Bank of Ireland, AIB and Ulster Bank. The simplified application form was launched two months ago.

Seanad: UNESCO Convention Ratification (19 Jun 2012)

John Perry: I am delighted to be here on behalf of the Minister for Arts, Heritage and the Gaeltacht, Deputy Jimmy Deenihan, to consider the issues which Senator Healy Eames has raised. The area of the protection of cultural property has been the subject of examination in many states. It is fair to say that most governments are conscious of the need to protect the cultural heritage which is unique to...

Seanad: UNESCO Convention Ratification (19 Jun 2012)

John Perry: We are extremely fortunate to have the Minister, Deputy Deenihan, in charge of this important portfolio dealing with the arts and cultural matters. He has great empathy with the sector and since his appointment has been extraordinarily successful in dealing decisively with this issue. While the public consultation has been closed, I am certain it was wide-ranging. However, to answer the...

Enterprise Support Services (7 Jun 2012)

John Perry: The point is that savings of up to €1 billion a month are made in the domestic economy and we must encourage people to buy Irish goods. The Deputy referred to the retail sector. I see many manufacturing and high-tech companies in my job which are doing very well. There are already 1.8 million working in this economy. The Government's objective is to make it one of the best economies in...

County Enterprise Boards (7 Jun 2012)

John Perry: I propose to take Questions Nos. 7 and 9 together. The Government has approved the restructuring of the enterprise supports for the micro and small business sectors with a view to creating an enhanced national enterprise support model. This restructuring will include the creation of a small and micro business division within Enterprise Ireland with a new and enhanced focus on the wider small...

County Enterprise Boards (7 Jun 2012)

John Perry: As I mentioned in the reply, legislation is required and there is no doubt that will not be published before the summer recess.

County Enterprise Boards (7 Jun 2012)

John Perry: There will be respect for county boundaries, which is very important. We must get this right. It is vital that all services locally with the involvement of local development offices within the Department of the Environment, Community and Local Government and the Department of Jobs, Enterprise and Innovation and Enterprise Ireland cooperate fully to offer a single service and one stop shop...

County Enterprise Boards (7 Jun 2012)

John Perry: We are not in flux in any way, we have been clear since the first day we entered government about the need to establish a county enterprise office in every local authority but we cannot just click our fingers and expect these things to happen. The Government has formally approved the restructuring of the existing micro and small enterprise boards. As a result the CEBs will be dissolved in...

County Enterprise Boards (7 Jun 2012)

John Perry: Funding will come directly from the voted Estimate of the Department; it will not come from the local authority in any way.

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