Business lobby group Isme has called on the new Government to reappoint a minister with direct responsibility for small business.
The organisation said that the SME sector is in danger of being neglected and needs stimulus in order to generate sustainable jobs growth.
“It is now time to give fresh impetus to the important role of small and medium business in Ireland and ensure that the interests of SMEs are taken into account in formulating and implementing policies that impact on the enterprise sector,” said Isme chief executive Mark Fielding.
“SMEs account for 99% of all business entities and the Government needs to show its commitment to the Irish SME sector, which employs more than 850,000 and generates over €12bn for the Exchequer annually, by re-appointing an SME minister with direct responsibility for developing, stimulating and incentivising indigenous business.”
John Perry was appointed minister of state for small business in 2011 but changed role in a cabinet reshuffle in 2014, with that office being abolished.
“The re-appointment of a minister for SMEs will show that the new government recognises the role of the SME sector in the economy and its importance in driving the economic recovery,” Mr Fielding said yesterday.
Isme said the Government needs to ditch its “multinationals at all costs” approach and adopt a policy that also assists in the promotion of indigenous enterprise and the development of SMEs.
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