A company modeled on the Industrial Credit Company (ICC) which helped many small businesses through the recession of the 1980's is needed now, according to Sinn Féin's local election candidate in East Meath Sinéad Burke.
She said, "It is obvious that some excellent small and medium businesses in the East Meath area are finding it extremely hard to adapt to the new economic climate. In the 1980's the ICC, which was a profit-making publically funded source of credit for Irish companies had a remit to go into businesses where jobs were in jepoardy to trouble shoot, offer advice, support and where appropriate capital.
"There’s a whole generation of people who have never managed a business during a recession, and a whole generation who have. The new businesses could do with advice and expertise to get through this period."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment