Good to see announcement of new Irish government "Enterprise 2025 Strategy"- aimed at creating 221,300 new "enterprise-based" jobs by 2025.
Achieving the stated goal of " Become a European leader in the number of start-ups and in their survival and growth – facilitated by better mentoring, funding models, accelerators, business space " will require a whole range of measures and supports to incentiveise risk and refresh our Angel Investor and Seed venture capital network.
Is Irish Venture Capital back in business?
Among the targets included in the plan are:
- an increase in the number of startups by 25 percent per annum – startups with better survival rates – this would see us with 15,700 enterprise births a year;
- an additional 1,080 inward investment projects;
The ambition is to realise a step change in the performance of our enterprises across the economy – with more Irish owned companies of scale, a greater number of start-ups with better survival rates, more entities investing more in research, development and innovation, more enterprises exporting across a range of markets – delivering quality jobs and sustainable growth.
- Become a European leader in the number of start-ups and in their survival and growth – facilitated by better mentoring, funding models, accelerators, business space