Building Business MomentumJulie SinnamonExecutive DirectorGlobal Business DevelopmentEnterprise IrelandBank of IrelandNati...
Our primary objective is to:
Who we work with…Entrepreneurs startingcompanies with anability to compete inworld marketsAmbitious co’s withthe ability t...
We work with clients in 5 core areas:Building leadership and management capabilityEntrepreneurshipExports and Market Intel...
Growing Globally, Impacting Locally
Highlights 2012…
Constantly changing landscapeNew Initiatives• Competitive Start Fund• €10m International EntrepreneurFund• Job Expansion O...
Targeting Irish and Internationally MobileEntrepreneurs• 97 HPSUs• International Ambassadors• Regional CompetitiveFeasibil...
• €97 million invested inScience andTechnology in 2011• 743 Clients engaged insignificant R&D• 518 InnovationVouchers rede...
AcceleratedGrowthEngagementLeadership and Management Development
Trade Missions• 87 International events with over 1000 clients• 18 Ministerial led Trade Missions• 786 international inwar...
Funding for Business in 2013• Going Global• Competitive Start Fund• Job Expansion Fund• R&D Fund• FP 7• iHPSU• Competitive...
• Low growth in the UK and Eurozone, EI clients largest markets• Continuing exchange rate volatility•Access to Export Fina...
EI Strategy 2013 – Action Plan for JobsObjective – jobs created and sustained driven by exportdevelopment.• 155 HPSUs and ...
• Leveraging Irish and “new” Diaspora• Sales to the public sector and MultinationalCorporations in Ireland• Under-exploite...
www.enterprise-ireland.com
Julie Sinnamon, Enterprise Ireland May 2013
Julie Sinnamon, Enterprise Ireland May 2013
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Julie Sinnamon, Enterprise Ireland May 2013

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Julie Sinnamon, Enterprise Ireland May 2013

  1. 1. Building Business MomentumJulie SinnamonExecutive DirectorGlobal Business DevelopmentEnterprise IrelandBank of IrelandNational Enterprise WeekFriday, 24thMay 2013
  2. 2. Our primary objective is to:
  3. 3. Who we work with…Entrepreneurs startingcompanies with anability to compete inworld marketsAmbitious co’s withthe ability to scale &achieve significantsuccessManufacturing &Internationally Tradedservices companiesemploying ten or moreIrish-basedfood and natural resourcecompanies that are overseasowned or controlledHigh PotentialStart-up’sScalingEstablished SME’s MultinationalsPotential ExportersEstablished SME’scurrently focussed on thedomestic market whohave the ambition toexportDeveloping links with Irishenterprise, MNCs to supportresearch collaboration,commercialisation of publiclyfunded research, and access toFP7, ESAResearchCommunity
  4. 4. We work with clients in 5 core areas:Building leadership and management capabilityEntrepreneurshipExports and Market IntelligenceCompetitivenessInnovation
  5. 5. Growing Globally, Impacting Locally
  6. 6. Highlights 2012…
  7. 7. Constantly changing landscapeNew Initiatives• Competitive Start Fund• €10m International EntrepreneurFund• Job Expansion Offer• Going Global Fund• Market Research Grants• Lean Business• Graduates 4 International Growth• Leadership 4 Growth (CFOs)• Education in Ireland• Overseas Network Realignment• Development Capital Fund• Potential Exporters Division• New Frontiers• Community EnterpriseBusiness Development• Leadership 4 Growth (Food)• Food FDI• Clustering IndustryEcosystems• Joint Enterprise Ireland /IDA Ireland managementworking team• Technology Centres• Public Procurement
  8. 8. Targeting Irish and Internationally MobileEntrepreneurs• 97 HPSUs• International Ambassadors• Regional CompetitiveFeasibility Funds• Mentoring• “Start your own business”programmes• Female Entrepreneurship
  9. 9. • €97 million invested inScience andTechnology in 2011• 743 Clients engaged insignificant R&D• 518 InnovationVouchers redeemed• Irish SMEs number 1 inEurope for FP7 funding• 118 licences to industryResearch and Innovation
  10. 10. AcceleratedGrowthEngagementLeadership and Management Development
  11. 11. Trade Missions• 87 International events with over 1000 clients• 18 Ministerial led Trade Missions• 786 international inward buyers• 383 new overseas presences established
  12. 12. Funding for Business in 2013• Going Global• Competitive Start Fund• Job Expansion Fund• R&D Fund• FP 7• iHPSU• Competitive Feasibility Regional Funds• Female Entrepreneurship
  13. 13. • Low growth in the UK and Eurozone, EI clients largest markets• Continuing exchange rate volatility•Access to Export Finance and Key Skills still issues for clientsSource: IMF Economic Outlook April 2013, Ireland 2013/2014 Forecast Central Bank of Ireland Q1 2013 . *ForecastCountry 2011 2012 2013* 2014*Ireland 1.4% 0.9% 1.3% 2.5%UK 0.9% 0.2% 0.7% 1.5%Eurozone 1.4% -0.6% -0.3% 1.1%US 1.8% 2.2% 1.9% 3.0%Japan -0.6% 2.0% 1.6% 1.4%Brazil 2.7% 0.9% 3.0% 4.0%Russia 4.3% 3.4% 3.4% 3.8%India 7.7% 4.0% 5.7% 6.2%China 9.3% 7.8% 8.0% 8.2%South Africa 3.5% 2.5% 2.8% 3.3%2013 remains challenging
  14. 14. EI Strategy 2013 – Action Plan for JobsObjective – jobs created and sustained driven by exportdevelopment.• 155 HPSUs and Early Stage Start-Ups• Establishment of new Technology Centres (e.g. Data Analytics,also a disruptive reform)• Closer EI/IDA collaboration (e.g. Global Sourcing)• Public Procurement (Procuring Innovation, Feasibility re: SBIR,working with NDFA).• National Health Innovation Hub• Establishment of Local Enterprise Offices (LEOs)• New S&VC Scheme (€175m), Innovation Ireland andDevelopment Capital Funds
  15. 15. • Leveraging Irish and “new” Diaspora• Sales to the public sector and MultinationalCorporations in Ireland• Under-exploited potential of the BRIC and MiddleEast Countries• Continued growth in UK, Euro Zone and NorthAmerica• Implementation of “Harvest 2020” strategy• Action plan for Jobs 2012-2013The Year ahead…
  16. 16. www.enterprise-ireland.com

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