Peadar Clohessy
Question:55 Mr. Clohessy asked the Minister for Enterprise and Employment if he intends to raise the employee and turnover ceilings that apply to the subsidised loan scheme; and if he will make a statement on the matter. [14444/95]
Written Answers. - Access to Finance Scheme.
I do not intend to raise the employee and turnover ceilings that apply to the access to finance scheme. The reason being, I am concerned to make a particular effort to focus assistance towards those enterprises in most need of assistance which, by definition, are small i.e. employing less than 50 persons or with an annual turnover of less than £3 million. This focus in support is the result of the taking on board of the recommendations of two Government task forces which have examined the business environment needs of the small business and services sectors specifically. I should point out that the vast majority of Irish enterprises come within these criteria.