Dormant Accounts

Part of Oral Answers to Questions – in the Northern Ireland Assembly at 2:30 pm on 17th February 2014.

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Photo of Simon Hamilton Simon Hamilton DUP 2:30 pm, 17th February 2014

That will be an issue in how we design any scheme.  Who will do that is up for discussion.  My personal favourite approach is that, instead of government administering it and having to create a bureaucracy of our own, we look to the market to people who are operating in Northern Ireland.  I do not wish to name any particular organisations, but several that operate in Northern Ireland offer loans to people in the social enterprise sector.  It is important that we piggyback on their experience and knowledge of the sector so that we can get all the money and, indeed, probably more into very needy projects across Northern Ireland.