Government must deliver new strategy for small firms - SFA
In advance of the Small Firms Association Annual Lunch 2019, today, sponsored by Bank of Ireland, SFA Chair, Sue O’Neill called on Government to publish the OECD recommended SME and Entrepreneurship Strategy by the end of the year.
In her speech SFA Chair, Sue O’Neill said: “In 2017 I launched the SFA’s campaign for a national Small Business Strategy. This campaign, which for over two years, has been asking government to place a clear focus on the 98% of businesses employing half the private sector workforce in Ireland and get behind these indigenous businesses, just as it has supported our successful multinationals companies – to unlock untapped potential and ensure our competitiveness in what is now a very changing world”.
In October, the Government agreed the development of a new SMEs and Entrepreneurship Strategy, which will be published by the end of the year.
“We expect this strategy to focus on driving productivity and innovation, implementing a comprehensive tax policy that is conducive to small firms, help fund ambition in those looking to invest, whilst also supporting the often forgotten group of established businesses of between 10 and 50 employees that are the back-bone of every community across all sectors of business.
“We have incredible small business owners who in the past five years created 75,000 jobs, but now we need the Government to build on these and other successes of the past and ensure the delivery of this strategy by the end of the year,” continued O’Neill.