For the foundation to commence operations immediately, the Government agreed wisely that it could be established under the existing development Acts as a sub-board of Forfás. The bringing forward of this innovation represented a highly sensitive message by the Government. In 2001 Dr. William B. Harris was appointed director general of the foundation and a board of 12 members was established. I am thankful that people of Dr. Harris's ability came forward to provide their services for the board. The background of Dr. Harris, which I discovered on the Internet today, is quite spectacular and I know he will be very innovative in his position. I am delighted that he is present in the House today and I welcome him.