Jim O'Keeffe
Question:37 Mr. J. O'Keeffe asked the Minister for Industry and Commerce whether he foresees a role for co-ops in industrial development; and the way in which he proposes to do so.
Written Answers. - Role for Co-operatives.
There is undoubtedly a continuing role for co-ops in industrial development.
The industrial development agencies, which operate under my Department's aegis, will continue to provide financial and advisory support to co-operative projects which meet the normal statutory criteria. In particular, the IDA and SFADCo are closely involved in promoting the development of agricultural and food co-operatives in consultation with the Department of Agriculture and Food.
Arising from the Programme for National Recovery, the Minister for Labour established a co-operative Development Council in June 1988 with a supporting Co-operative Development Unit operated by FAS, acting under the direction of the council. I understand that in the period since operations commenced, the council and the unit have been active in stimulating awareness about the possibilities of establishing co-operatives and have provided business consultancy and training support to co-operatives as well as assisting co-operatives in securing financial support.