Presentation for Start Trek on Enterprise Ireland and the Irish Startup Ecosystem

1. Start in Ireland and
Succeed Globally

2. To support ambitious,
innovative Irish companies
to develop and grow in
markets worldwide
Our Mission
@ei_dscanlon

3. 5 Reasons Why Starting In Ireland Delivers Results
Ireland: one of Europe’s top startup
ecosystems
Enterprise Ireland’s specialist support for
startups
Multiple sources of public and private funding
Home to global businesses
Great place to work and live
@ei_dscanlon

4. 1. One Of Europe’s Best Ecosystems For Startups
1st for ease of doing business
1st for ease of starting up
1st for availability of skilled
workforce
1st for corporate taxes
A vibrant startup community
Sources: Forbes, IMD, and World Bank
@ei_dscanlon

5. 2. Enterprise Ireland Helps Turn Innovative Ideas Into Global
Businesses
Investing in 150+ startups each year
Delivering multi-stage funding
Providing mentors, management and
leadership training
Connecting startups to world-leading
Irish research communities
Accessing international buyers
in world markets
@ei_dscanlon

6. 3. Multiple Sources Of Public And Private Funding
More venture capital funding per capita
than any other European country
€860 million private venture and seed funding
Enterprise Ireland funding supports
from €15k to €500k
25% tax credit on all R&D spend
@ei_dscanlon

7. 4. Home To World Leading Businesses
8 of the top ten gaming companies
9 of the top 10 global ICT companies
50% of world’s leading financial services firms
15 of the top 20 medical device companies
6 of the top 7 diagnostics companies
8 of the top 10 global pharmaceutical
companies
@ei_dscanlon

8. Experience The Same Advantages Ireland Delivers To Multinationals
50 years building a world-leading
technology ecosystem
Skilled labour force trained
to meet global standards
Proven gateway to global markets
Startups and multinationals drive
success by working side by side
Join the experienced multinational
managers choosing to start their own
businesses in Ireland
50
@ei_dscanlon

9. 5. Great Place To Live And Work
Top 10 in the OECD Better Place to
Live Index 2011
4th for a culture that is open to new ideas
6th in Global Peace Index 2013
Voted friendliest country by Lonely Planet 2011
@ei_dscanlon

10. Case Study: How We Helped FeedHenry Grow In Global Markets
Innovation
• Control, deploy and mobilise critical data
• Connects apps to backend systems
• Scalability with choice of deployment
Innovation
• Control, deploy and mobilise critical business data
• Connects apps to backend systems
• Scalability with choice of cloud deployment
• End-to-end security and authentication
Enterprise Ireland Supports
• Funding
• Training
• Global Markets
Business Development
• Customers in 30 countries
• 70 employees
• Year-on-year growth of 25%
Exit
• $82m Acquisition by Red Hat Sept ‘14
@ei_dscanlon

11. So, Who Do We Invest In?
Create at least 10 jobs and generate €1m
annual revenue in 3 years
Controlled from Ireland
Investor ready
Matching funding available
ICT, mobile app, games, food,
medical device, life sciences
@ei_dscanlon

12. 2013 Results
Since 2006 the trade sales and IPOs
of our clients are valued over €5.3bn
@ei_dscanlon
5,400+ net new jobs
Exports exceeded €17bn
€65m equity and venture capital
investment
189 startups supported

13. Start in Ireland and
Succeed Globally
@ei_dscanlon
http://about.me/dscanlon