Download New Generation Development Opening Statement

Presentation to Select Committee Jobs Enterprise and Innovation July 1.
Chair Damien English TD
Gentlemen,
I wish to thank you for the opportunity to present New Generation Economic Development.
The outcome of the presentation should allow you a much better understanding of a locally
based, development strategy and will, with whatever amendments, receive your
endorsement and Ministerial recommendation.
In 2007 our national debt stood at €482bn ( 20 per cent of GDP)
In 2013,(Dec) our national debt stood at €709bn (120 per cent of GDP) This information
must be tempered in part with aspects of the bank bailout. The overall trend is that despite,
the series of austerity measures, debt reduction has not happened. If this trend is allowed
continue, the Irish taxpayer faces an ongoing burden, and future economic prospects will be
hampered
The only practical option is growth growth and more growth. There is a recognition that
existing development agencies and policy have so far failed to sufficiently impact on these
crucial issues. The proposed strategy is a bottom up, localized development, embracing a
Public Private Partnership model. The premise is based on identifying local needs and
delivering solutions in conjunction with group based development .The key deployment is
rural, rather than city, locations. The target audience is the Micro Sector, sustaining both
existing enterprise and creating a supportive environment for start ups. New Generation
Economic Development offers a simple, transparent management structure and allows for
early deployment. This is simply about building a local development platform with a strong
emphasis on Marketing Local inputs and modification can be included to meet specific area
requirements. The initial development phase will embrace Local Retail, Micro business;
Local Tourism .The 360 Degree Development vision is about an integrated development
network at local level, at county level and regional level. In the interim NGED is that first
phase in what can be deployed and achieved NOW. Crucially, given a degree of support,
New Generation Economic Development programmes can be rolled out on a pilot basis in a
matter of months
There are positive economic indicators in terms of start ups. It is intended that NGED will
capitalize and enhance this trend.
It is hoped that this template is deserving of positive consideration
John Moran, [email protected] 087 25 27 407