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August 28th, 2013 @ 08:58

Budget 2014 Must Focus on New and Existing SMEs Improvements to EIIS and SCS Will Support This

Chambers Ireland has today called on the Government to use Budget 2014 to support new and existing small businesses. Rather than just looking to introduce new measures, the Government needs to take a look at initiatives already in place and examine how they can be of more benefit to business. The Employment and Investment Incentive Scheme (EIIS) and the Seed Capital Scheme (SCS) are two examples.

Chambers Ireland made a number of recommendations as to how the Government can support SMEs and entrepreneurs in our Pre Budget 2014 Submission.

Speaking this morning, Seán Murphy, Chambers Ireland Deputy Chief Executive said, “The EIIS and the SCS are two programmes which possess huge potential but are currently underused. Both of these schemes are currently under-profiled amongst businesses. Funding availability for EIIS has consistently fallen since a peak in 2007 due to the restrictions that are currently in place.”

“Budget 2014 needs to focus on SMEs and entrepreneurs, and as such these existing schemes should be modified to raise awareness and encourage participation. Schemes such as these, along with other measures suggested in our Pre Budget submission, have the potential to really help SMEs by providing additional working capital that is very much needed at this time,” he concluded.

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Allergan

 

Allergan was established in Westport in 1977 and has repeatedly expanded over the last four decades, contributing significantly to the local economy.

The Westport facility is now the largest manufacturing plant within the company network, and it also has the largest number of Allergan staff in one location, outside of the company’s corporate headquarters.

In Ireland, our focus fosters deep engagement with medical specialists and we make it our business to listen closely to their needs so that together we can advance patient care. We combine this strategic focus with a diversified approach that enables us to follow our research and development into new specialty areas where unmet needs are significant.

In partnership with the medical community, we bring scientific excellence and rigour to deliver leading products that improve patient outcomes. We know we are successful when doctors and patients place their trust in our products and our company, when our employees excel and when our efforts make a meaningful difference in the lives of the patients and communities we serve.

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