Small Firms Association welcomes EU ruling

The Small Firms Association has welcomed the preliminary decision of the EU Commission, which has found that the ICTU has failed to provide sufficient evidence to back up its formal complaint on the Government’s commitment in Budget 2007 to extend and enhance the Business Expansion Scheme.

"The extension of both the Business Expansion Scheme and the Seed Capital Scheme to 2013, and the increase in the individual investment ceiling to €150,000 and €100,000 respectively, will increase their attractiveness to potential investors and encourage more people to set up their own