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Minister for Enterprise has no plans to fix Web Summit Failure – Tóibín

4 November, 2015

At Minister’s questions this morning, Sinn Féin Enterprise Spokesperson Peadar Tóibín TD questioned Minister for Enterprise Richard Bruton on the loss of the Web Summit.

Teachta Tóibín said:

“The Web Summit is one of the most important business events in the state. Not only does it bring 40,000 people into the city of Dublin in November, it offers web tech start-ups an opportunity to network with well-established tech leaders and it allows access to all important investment capital’.

“The Web Summit, to quote the Taoiseach, contributed €102 million to Dublin City during a single week in 2014. It is a flagship event that puts Ireland on the map with regards web technology. The loss of the Web Summit is not just a loss of revenue for the City of Dublin but a huge blow to the hundreds of Irish start-ups.

“I asked the Minister was he aware of the breakdown in communication between his government, the Enterprise Agencies and the Web Summit. I asked what he did to fix the problem. I asked what steps will the government take to ensure that the Web Summit will be located in Dublin in 2017.

“Disgracefully, despite the significant loss to the state, the Minister for Enterprise refused to answer. The laissez faire, hands-off policy of this government costs dearly. That there is no plan to fix the issue is not good enough by a long shot.”

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