Enterprise Stablilisation Fund Act (MP's Voting Only) - Politics Forum.org | PoFo

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#13063112
The following bill is being put forth by the members of SN-RF for consideration by the full house of parliament.

Voting shall run for three full days. Polls shall "officially" open at 1:00 pm GMT and will close on Wednesday, June 17, 2009 at the same time. To reiterate, that is June 14 until June 17 at 2:00 pm GMT.

The appropriate voting parameters are as follows:

Aye: support for the bill.
Nay: Against the bill.
Abstain: Neither for nor against. (Per interim constitution these votes will be thrown out).
No vote at all: Counted as Abstention.

Enterprise Stabilisation Fund Act 2009 wrote:The Enterprise Stabilisation Fund aims to help companies sustain and develop their business during these difficult times.

i) Funding:

The funding is provided primarily through preference shares, repayable after five years and typically at 3% interest rate.

ii) Eligible companies should be:

a) In the manufacturing and/or internationally traded services sectors

b) Judged by the NEC* to have a sound, robust and sustainable business plan that is financially viable in the medium term

c) Able to demonstrate financial commitment/contribution of promoters, banks, other investors etc. to the business plan

d) Businesses who can increase their exports as the world economy improves

iii) Companies approved such preference shares support can also apply for grant-aid for research and development, and competitiveness projects under existing NEC support programmes.

iv) Other grants available under the scheme:

a) Consultants grant for financial advice

b) Key manager grant - financial manager

c) Productivity specialists grant

d) Cost reduction specialists grant

v) The NEC will partially fund the costs of accessing buyers and getting new sales abroad - Trade Fairs etc.

vi) The NEC will fund a Euro market campaign - TV and print advertising in our key markets.

*National Employment Council
User avatar
By ingliz
#13063127
Aye
User avatar
By Potemkin
#13063134
Aye
By Falx
#13063140
Oh goodie, supply side economics from the communist:

Ney.
User avatar
By Vladimir
#13063164
Aye
User avatar
By Demosthenes
#13063259
AYE
User avatar
By Dr House
#13063263
Aye :up:

Falx wrote:Oh goodie, supply side economics from the communist:

Other than the "TAX CUTS GRARHGRAAAGHF" bullshit put forth by Reagan, what's so wrong with supply-side economics? The Asian Tigers all used them to great success (Taiwan and South Korea in particular forced their products into the international market by means of export subsidies).
User avatar
By Figlio di Moros
#13063692
Aye
By Zyx
#13064539
Oh goodie, supply side economics from the communist:

Aye
User avatar
By Doomhammer
#13064626
Nay
User avatar
By Dan
#13064887
Aye
User avatar
By Thunderhawk
#13065336
nay.

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