Seanad debates

Thursday, 27 September 2012

10:40 am

Photo of Michael MullinsMichael Mullins (Fine Gael) | Oireachtas source

I will do that as well. I very much thank the Leader for arranging for the Minister, Deputy Bruton, and the Minister of State, Deputy Perry, to come to the House in the near future to discuss employment. I have a bit of good news to announce to Senator White. This morning the Minister, Deputy Bruton, announced that the ¤90 million micro-finance scheme will be open for business from next Monday. Applications from businesses and sole traders across all sectors employing up to ten people who have been refused credit by the banks of up to ¤25,000 will be accepted and processed. That is obviously very positive news. It is projected that over the next ten years, 7,500 jobs will be created.

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