Paddy Burke (Fine Gael)

Is it correct that the Government is investing €40,000 in this company? This seems to be a very small amount to obtain a 20% shareholding in a company. Will the Government have any directors on the board or will it just have the shareholding? The Bill states clearly that the State will not have to invest further in the company. It states the company will not be profit-making and will be self-financing. However, if it starts to lose money, I presume the fact that the State will have a 20% shareholding therein will mean the Government will have to come to its aid. Will any other country have a shareholding in the company or is the Government taking a 20% shareholding therein just because it is to be based in Ireland?