The following is my submission to Your Country Your Call and I'd be gracious of any votes. While there are many ideas (8,000+) submitted I was very curious that many didn't take the spec into consideration. The competition is designed to find proposals that, when implemented, will transform our economy - or significant elements of it - by creating jobs and opportunity. It’s about creating something that will have a long-term positive impact on the Irish economy. It’s about helping to create sustainable employment and prosperity, whilst at the same time generating hope, confidence, and positive thinking. I would like to think, the following proposal by me, covers all of these bases. See Official Entry.
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If you become pregnant while in employment in Ireland, you are entitled to take 26 weeks maternity leave. The entitlement to a basic period of maternity leave from employment extends to all female employees in Ireland. The Maternity Protection Act 1994 and the Maternity Protection (Amendment) Act 2004 provide your statutory minimum entitlements in relation to maternity at work including maternity leave.
I call for Ireland to introduce Entrepreneurial Leave for all employees in Ireland. The right to leave work for an unpaid 26 week period to give birth to an export focussed business - a 'little idea baby'. The employee should have this right, with the guarantee they may return to their full time employment if the idea does not work out after 26 weeks.
- This has the effect of creating export businesses, which will bring money into Ireland from abroad.
- Thousands of small businesses in many sectors will form a more sustainable economy than a couple large businesses from abroad.
- Small businesses will create significant employment, especially self-employment, and a requirement for more professional services such as accounting, legal, and finance.
FOR THE ENTREPRENEUR
- The biggest factor in starting your own business, is not the availability of support or finance. It is the risk of cutting the career and the thought of no-return on the job you have already worked hard to progress in. The will alleviate that risk for people.
- They must try to start an export focussed business.
- They may only take entrepreneurial leave once every X years or X employment's (X should be researched during implementation).
FOR THE EMPLOYER
- The employees company who gives leave gets paid or given tax-breaks to the equivalent of new start-up's paid tax for the first 3 years. This gives them a buy-in and a reason to support the start-up and entrepreneur, maybe with their contacts or resources. If a start-up did very well, the sponsor business could do very well too. This is key.
- The employer, in tough times when work loads are lower than employed resources, gets a 26 week break in salary payments to the employee.
FOR THE STATE
- Revenue see no difference. The tax of the start-up is paid to the sponsor, rather than the state, so it's as if the start-up didn't exist anyway for the first 3 years. Except for the other services and employment they create.
TO IMPLEMENT
- Easy and cheap. All we need is a legislative change, and more support for Enterprise Ireland to approve entrepreneur's ideas are export focussed - we have all the other resources.
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