The phrase Small and Medium-sized Enterprises (SMES) 1 is an intrinsic part of our 2011 vocabulary.
http://ec. europa. eu/enterprise/policies/sme/facts-figures-analysis/sme-definition/index en. htm 2. 1 Am I an SME
you determine whether you are an enterprise. According the European Commis -sion†s definition any entity engaged in an economic activity, irrespective of its legal
form is considered an enterprise. In other words, even if you are self-employed without any staff, you may call yourself an enterprise.
The second, and arguably most important step towards determining whether you are an SME is to verify your
thresholds. The three main criteria for this are 1. Staff head count 2. Annual turnover 3. Annual balance sheet
If you are an enterprise with no more than 250 employees, an annual turnover below â 50 million or a balance sheet total below â 43 million,
Enterprise Category Head count Turnover or Balance sheet Total medium-sized<250<â 50 million<â 43 million
economic activities For more information on the SME definition, please visit the European commission website at http://ec. europa. eu/enterprise/policies/sme/files/sme definition/sme user guide en. pdf
2. 2 Why is this relevant It has not always been evident that the European union recognised SMES as being
a category of businesses, different from large enterprises. A business was seen as a business, irrespective of its size, staff count and turnover.
notion of SMES as a separate class of enterprises started to develop, notably in the
at small and medium-sized enterprises. Moreover, as SMES face difficulties specific to their size and resources, the EU creates schemes addressing these problems
the Member States and institutions such as the European Investment Bank and the European Investment Fund, consistency in policies aimed at SMES is ensured
The relevance of knowing whether your business is an SME thus lies in the eligibility
economy and absolutely indispensable to the EU. It is for this reason that now more
as possible and given the opportunity to thrive, in order to stabilise the European economy Although recognition of the importance of SMES can be seen as a step in the right
direction, a further step is needed in order to facilitate most of your businesses as the overwhelming majority of you do not run medium-sized businesses, not even
1. http://ec. europa. eu/enterprise/policies/sme/small-business-act/think-small-first /Source:
vulnerable kind of enterprise, notably in terms of size and resources. An obliga -tion on a business, stemming from EU legislation can be perfectly manageable for
use of the opportunities that are available to you How to make your business benefit from the EU
Since 2008, the European union faces the phenomenon of economic crisis within its Member States. The crisis is global
2. Innovation, 3%of the EU€ s GDP should go to investments in R&d 3. Climate/Energy, the â€oe20/20/20†targets in the fields of climate and energy
-tion and will encourage entrepreneurship. Furthermore, elements that hinder the proper functioning of the Single Market such as difficulties in cross-border activity
share in competition by fining large companies that do not obey EU rules 3. 2 Single Market Act Made Simple
the free movement of people, goods, services and capital The Commission regularly updates its Single Market strategy in order to eliminate
communication document, the Commission has targeted twelve priority instru -ments for the Single Market Access to Finance for SMES
The Commission wants to make venture capital funds accessible to SMES providing them with more expertise and a capacity to apply for them.
Public Procurement is the purchase of goods, work or services by a government or a public agency
ensure a fair return on investment for your business The Single Market Act is included also into the framework of the Europe 2020
to bring social progress, employment and a positive outcome for the environment Indeed, the Single Market can offer many advantages for your business.
dynamic and competitive knowledge-based economy in the world by 2010 The goal of the Small Business Act is to improve the conditions for SMES in doing
1. Create an environment in which entrepreneurs and family businesses can thrive and entrepreneurship is rewarded The entrepreneurial spirit in the EU, with only 45%of people that would want to be self-employed,
is low compared to the US (65%.%The European commission advises action regarding education, business transfers and entrepreneurship programmes to encourage people to take the step to an own business
2. Ensure that honest entrepreneurs who have faced bankruptcy quickly get a second chance As SMES are particularly vulnerable for bankruptcy,
investment in SMES. For the same reason, SMES can benefit less from State aid. Therefore, the Commis
-sion encourages a change in culture, shortened procedures and more transparency and communication towards SMES
and develop a legal and business environment sup -portive to timely payments in commercial transactions
7. Help SMES to benefit more from the opportunities offered by the Single Market Measures such as information provision on business opportunities and applicable rules in other coun
-tries as well as a more efficient patent system and the development of standards should stimulate SMES to trade cross-border
9. Enable SMES to turn environmental challenges into opportunities The demand for environmentally friendly products and services opens the way for new business oppor
-tunities. The Commission therefore supports eco-efficient businesses and products 10. Encourage and support SMES to benefit from the growth of markets
The awareness of opportunities of EU-external trade is advocated by the Commission in order to over -come the dissuasive stance of SMES
•Directive on reduced VAT rates for labour-intensive services •Revision of the-already existing-Late Payments Directive
resulting from the economic crisis The review demonstrated that much had been done but that there was still room for improvement concerning tailor-made policy for SMES.
A simplified environment for EU funding for SMES was aimed also by reconsidering its financial programmes,
4. Promotion of entrepreneurship, job creation and inclusive growth The Commission will present a set of policy recommendations throughout 2011
most micro-enterprises simply lack the resources. And even if a small business is capable of participating in a tendering process
competition and innovation capacity. The purpose of the †Structural Funds†European Regional Development Fund †ERDF and European Social Fund-ESF) is
information and other services provided The †Competitiveness and Innovation Framework Programmeâ€, primarily directed towards SMES, targets
1) encouraging the competitiveness of European enterprises,(2) supporting innovation and entrepreneurship activities,(3) providing access to finance and (4) promoting the increased use of
renewable energies and energy efficiency. The programme consists of an overall budget of 3, 621 billion
/4. 1. 1 Entrepreneurship and Innovation Programme (EIP The Entrepreneurship and Innovation Programme is of particular interest in your search for funding.
A budget of 1. 1 billion euro is allocated to the programme with the specific aim of facilitating access to
finance for SMES and for investment in innovative activities The European commission entrusts the CIP funds to the European Investment Fund (EIF.
The EIF, a first link in the risk-sharing chain, shares some of the risk with financial intermediaries in the participating
Under the Entrepreneurship and Innovation Programme, two main financial facilities are available A) the High Growth and Innovative SME Facility
start-up and growth of SMES and for the investment in innovation, technology transfer and cross-border
capital for SME financing. The facility covers investment into venture capital funds which have an early
stage focus (GIF1) and funds with a focus on SMES with high growth potential in their expansion stage
In particular, GIF1 provides seed capital which means financing provided to study, assess and develop an
Moreover, start capital is made available under GIF1. This is capital provided for product development and initial marketing of start-up companies or companies that yet exist but nonetheless
still have to launch their product or service commercially For GIF2, the EIF invests in specialised risk capital funds
which in turn provide equity (the share capital of a company) to innovative SMES that are in their expansion stage
they focus on investment financing •Microcredit guarantees help financial institutions to provide financing to micro enterprises
especially start-ups •Equity and quasi-equity guarantees warrant investments in SMES in the seed and start-up
phases. Equity and quasi-equity guarantees aim to help SMES to improve their financial structure
The Information Communication Technologies Policy Support Programme provides EU funding to support the realisation of the Digital Agenda for Europe.
services http://ec. europa. eu/information society/activities/ict psp/participating/index en. htm http://ec. europa. eu/information society/activities/ict psp/contacts/index en. htm
2. Marie Curie Initial Training Networks (ITN) offers the opportunity to create networks for young re
services i e. universities or research centres. The results of the research activities belong to the SME or
entrepreneurship, information society and more http://ec. europa. eu/regional policy/funds/feder/index en. htm http://ec. europa. eu/regional policy/policy/region/index en. htm
There are two funding opportunities under this objective A. European Regional Development Fund (ERDF It focuses on the fields of innovation and knowledge-based economy, environment and risk prevention
and access to transport and telecommunications services of general economic interest http://ec. europa. eu/regional policy/thefunds/regional/index en. cfm
#http://ec. europa. eu/regional policy/policy/region/index en. htm http://ec. europa. eu/regional policy/atlas2007/index en. htm
and to boost entrepreneurship, innovation and share of experi -ence. Funding is provided through participants (beneficiaries) in specific programs and projects.
Joint European Resources for Micro and Medium Enterprises-JEREMIE The JEREMIE initiative is developed in coordination with the European commission and falls under the
umbrella of the European Investment Fund. Its aim is to improve access to finance for SMES.
This can be done via the means of loans/guarantees, equity, venture capital, Business Angel Match -ing Funds and investments in Technology Transfer Funds under the umbrella of a Holding Fund.
These financial instruments are provided to selected financial intermediaries who are focused on SMES. It is up
There is also the opportunity of subscribing and receiving Press releases in the following webpage http://www. eif. org/news centre/press contacts/index. htm
Its initial capital rises up to 50 million euros. It is financed by the EIB and potential partner banks.
On September 2009 micro-credit providers had the opportunity for the first time to express their interest for technical assistance.
to a civilian purpose and aims at developing only new products, processes or services. To participate in a
opportunity to participate in funded projects through an annual call for proposals. The proposals are published by the Education, Audiovisual and Culture Executive agency (EACEA
experienced businessmen looking for fresh perspectives and international cooperation opportunities http://www. erasmus-entrepreneurs. eu/page. php?
-nels of communication between the Commission and small businesses, as well as with MSE representative organisations. The SME Envoy is there to promote your
http://ec. europa. eu/enterprise/policies/sme/small-business-act/sme-envoy/national-sme-envoys/in
Enterprise Europe Network http://www. enterprise-europe-network. ec. europa. eu/index en. htm Your National Contact Point
http://www. enterprise-europe-network. ec. europa. eu/about/branches The Enterprise Europe Network brings together 580 business organisations from 49 countries.
These organisations are specialized in EU business issues, particularly as regards funding Your Europe http://ec. europa. eu/youreurope/business/index en. htm
#The European commission in cooperation with the national authorities provides a guide including relevant information about doing business in the EU
This is a portal comprising of more than 850 advisers providing information, advice and services such as job matching of job seekers and employers
http://ec. europa. eu/enterprise/sectors/ict/ebsn/index en. htm ebsn is established a network by the Commission
economy FP7 National Contact points (NCPS http://cordis. europa. eu/fp7/ncp en. html The National Contact Points are established by the 27 Member States as well as the associated states un
http://www. cen. eu/cen/Services/SMEHELPDESK/Pages/default. aspx These helpdesks at European and national level are specialised in providing information and advice on
EU information and assistance services http://ec. europa. eu/publications/booklets/others/83/index en. htm
public communication, press releases and workshops, as well as fostering the interaction with policy -makers and SMES intermediaries
and/or successfully run a small or medium-sized enterprise in Europe. New entrepre -neurs exchange knowledge and business ideas with experienced business men and women, guarantee
http://ec. europa. eu/environment/eco-innovation/contact/national-contact/index en. htm These NCPS will assist your business to apply for funding
and opportunities the EU creates for their businesses, leaving many opportunities unused We hope that this publication has helped you in gaining a clearer perspective of
the main small business aspects of the EU operations and will function as a guide
their communication strategy towards small businesses in order to maximise your knowledge of what is out there and available
Opportunities for Future Growth 36 CHAPTER 6 Strateg y Implementation 48 CHAPTER 7 Monitoring and Evaluation 52
Stakeholder Engagement 54 APPENDIX 2 National, Regional and Local Level Strengths 55 22222222 3 List of Tables & Figures
Table 3. 1%Breakdown of Enterprises & Employees in the Midwest Region 21 Table 3. 2 Midwest Employment by Sector Q1 2012, based on FÃ S
Figure 4. 1 Existing Enterprise Support Centres in the Midwest Region 34 Figure 5. 1 Identifi ed Industries for Smart Specialisation
creativity and entrepreneurship and to achieve higher levels of employment right across Europe Ireland is embracing a new chapter in
globalised economies in the world; although a small nation we are placed well to compete with
larger economies around the globe. However, as a globalised economy we know that we need
to continuously adapt and be creative to meet consumer demands and the needs of industry
Innovation drives economic growth and is critical to our future prosperity The development of this Strategy at a regional level is opportune as it will take advantage of the
reform of both regional and local government. With this in mind this Strategy seeks to ensure
economic growth. When properly supported they allow new methods, technologies and service to develop and grow, enhancing
opportunities in the Midwest and lays the foundations for strong and focused collaborative research and innovation activity
intended to inform future investment and development and ensure that maximum regional benefits are obtained from future
R&i stakeholders together to create a truly innovative region that can compete globally Vision The vision of this Strategy is to achieve a Midwest Region
environment, where businesses and researchers interact more freely, and to ensure that the relevant policies are in
and further improve communication mechanisms between public support agencies, academia, industry entrepreneurs and civil society on key information
Both policy development and funding opportunities at European and National levels are focused increasingly on research, innovation and smart specialisation as a means
of achieving a robust and dynamic economy. Investing in research, innovation and entrepreneurship is at the heart
of the Europe 2020 Strategy and funding is increasingly being directed towards boosting growth and creating jobs
†Smart Specialisation/RIS3€ for supporting investments ex-ante conditionality. This ex-ante conditionality requires
policy supports and investment on key national/regional priorities. In Ireland, the Department of Jobs, Enterprise & Innovation/Forfã¡
s have prepared a National Smart Specialisation Strategy which will meet the ex-ante conditionality requirements of the EU. However, with funding becoming
Agencies such as Enterprise Ireland, IDA Ireland and Chambers Ireland provide invaluable business and innovation support.
Nexus, the Hartnett Enterprise & Acceleration Centre, Community Enterprise Centres and Enterprise Ireland/IDA Technology Centres providing extensive services in the Region.
This Strategy builds on these existing research and innovation structures to promote collaboration and innovation as a
Opportunities for Future Growth The research and innovation sector is constantly evolving and in order to compete at a national
a series of key areas where there are opportunities to capitalise on the research and innovation
and national economy Smart Specialisation Smart specialisation is a strategic approach based on more effective spending of public resources
investment and supports on these identifi ed regional strengths thus ensuring value for money in times of tighter budgets and scarce public resources while at the same time supporting the
Strategy as most likely to benefi t from smart specialisation policies and investment in the Mid
•Energy and Environmental Products and Services This Strategy sets out a series of actions relating to required future research, collaboration with
key stakeholders to identify and remove barriers to development and monitoring to evaluate the impacts of investments
7 Research & Innovation Strategy for the Midwest Region of Ireland 2014-2018 Cluster Development
on new ideas to generate new business opportunities. The adoption of an open innovation approach between companies, academia and innovators in a region can assist businesses to
signifi cant contribution to economic growth in the Midwest. However a key element of all three
are necessary to encourage innovation and entrepreneurship such as knowledge transfer technology transfer, investment forums, start-up and commercialisation support and increased
awareness amongst new and existing businesses of the supports that are available. This Strategy recommends a number of actions to increase support for entrepreneurs
supports and services 8 Implementation & Monitoring This Strategy sets out a clear process for implementation and monitoring.
support agencies, local authorities, Local Enterprise Offi ces and Chambers of Commerce all have an important role to play in the implementation of this Strategy.
and existing businesses to develop new opportunities, making the Region a European and world leader in terms of R&i capacity and performance.
Ireland is one of the most globalised economies in the world and is ranked first globally as the
Ireland is one of the most globalised economies in the world and is ranked first globally as the
economies in the world2 and is ranked first globally3 as the best country in which to do
pro-business environment and highly educated workforce, which is the youngest in the EU (Eurostat.
such as firm investments, finance & support, intellectual assets and outputs and employment in knowledge-intensive
investments Furthermore, the IMD World Competitiveness Yearbook 2014 puts Ireland at number 15 in an overall global competitiveness
•Investment incentives These global and European rankings present a snapshot of the current economic and social climate and are testament to
focus policy supports and investment on key national/regional priorities. In Ireland, the Department of Jobs, Enterprise &
Innovation (DJEI)/ Forfã¡s have prepared a National Smart Specialisation Strategy This Research and Innovation Strategy for the Midwest Region
competitiveness and this Strategy represents an opportunity to rejuvenate the regional research and innovation sectors for
the benefit of the local, regional and national economy 11 Research & Innovation Strategy for the Midwest Region of Ireland 2014-2018
This Strategy will provide a greater focus on the particular strengths and opportunities in the Mid
future investment and development and will ensure that maximum regional benefits are obtained from future R&i developments.
R&i stakeholders together to create a truly innovative region that can compete globally 1. 1 Purpose & Objectives of the Regional Strategy
and to work with all relevant stakeholders to present a shared vision for the Region in terms of its research and innovation priorities up to 2018
This Strategy identifies unique opportunities for development and growth, based on the assets and capabilities of the region
•To support the move towards an Open Innovation6 environment, where businesses and researchers interact more freely,
and further improve communication mechanisms between public support agencies academia, industry, entrepreneurs and civil society on key information pertaining to the
diversifi cation of the knowledge-based economy into technologies, products and services that are closely related, thereby ensuring maximum benefi t from future investments in the Region
Research, innovation & smart specialisation are recognised widely to be central elements in the creation of a robust and dynamic economy
Research, innovation & smart specialisation are recognised widely to be central elements in the creation of a robust and dynamic economy
14 2. 1 European Policy Context 2. 1. 1 Europe 2020 The Europe 2020 Strategy aims to confront Europe†s structural
greener and competitive economy •Inclusive growth, fostering a high-employment economy and delivering economic, social and territorial cohesion
Investing in research, innovation and entrepreneurship is at the heart of Europe 2020 and a crucial part of Europe†s
response to the economic crisis. It is considered also to be of vital importance to have a strategic and integrated approach
to innovation that maximises European, national and regional research and innovation potential As part of the Europe 2020 Strategy, the European
funding under a number of European Structural Investment ESI) funds such as the European Regional Development Fund
and will focus policy supports and investment on key national /regional priorities 2. 0 Introduction
strong and sustained economic growth it is essential that policy and investment decisions are focused on emerging global
growth areas. Research, innovation and smart specialisation are recognised widely to be central elements in the creation of a
robust and dynamic economy. Both policy development and funding opportunities at a European and a National level are
increasingly focused on these development areas and it is essential that the Midwest Region capitalises on the opportunities that
are presented by these high level policies and funding streams Policy Context Chapter 02 15 Research & Innovation Strategy for the Midwest Region of Ireland 2014-2018
The EU Cohesion Policy will be the EU€ s principal investment tool for delivering the goals of Europe
It will invest up to â 351.8 billion in Europe†s regions, cities and the real economy,
investment of the European Regional Development Fund (ERDF) in key priorities such as support for small and medium-sized enterprises. 7
2. 1. 4 HORIZON 2020 Horizon 2020 is the financial instrument of the EU which implements the †Innovation Unionâ€, a
Horizon 2020 is a means to drive economic growth and create jobs through investment in research
The goal is to ensure Europe produces world-class science, removes barriers to innovation and
COSME is the EU programme for the Competitiveness of Enterprises and Small and Medium-sized
Enterprises (SMES) in the period 2014 to 20208. COSME has a total budget of approximately â 2. 3
Enterprise and Innovation (DJEI) Action Plans for Jobs 2012-2014 have identified the need to target
areas that are most likely to create economic value and jobs. The Action Plan for Jobs is a multi-annual
employment creation across the economy The Action Plan for Jobs 2014 identifies building competitive advantage through innovation as a key
priority for stimulating The irish economy over the next five years 2. 2. 3 Forfã¡s Innovation Networks Report 2004
on the national-level strategy and identifies regional strengths, priorities and opportunities The Research Prioritisation Report identifies a number of priority areas around which future investment
in publicly-performed research should be based. The report informs the National Smart Specialisation Strategy/RIS3 and recommends 14 priority areas of focus (see Appendix 2). The research and findings
8 http://ec. europa. eu/enterprise/initiatives/cosme/index en. htm 9 http://www. wheel. ie/sites/default/files/Consultation%20process%20on%20partnership%20agreement%202014%20
to concentrate on those sectors of economic activity where, for reasons of location, infrastructure or natural resources, it has a competitive advantage.
and Limerick City as its capital, will realise its potential as a gateway region both nationally and
considered to be critical to the development of enterprise and economy in the region (Figure 2. 1
competitive edge exists, maximising the amount of foreign direct investment secured, supporting innovation, enterprise and start-ups,
and developing and diversifying the skills and knowledge of the population. The Strategy sets down a number of innovation projects aimed at anchoring an
promote economic growth through research and innovation investment and growth are testament to the importance of R&i development to our national and regional economic future
•Europe 2020 •EU Multiannul Financial Framework •EU Cohesion Policy 2014-2020 •Horizon 2020
fi nancial investment, with funding becoming increasingly dependent on evidence-based strategies that demonstrate the strengths of a
supporting the regional economy. These strong national-level designations illustrate the current strength and future development
there is capacity to increase industry and enterprise activity and to expand the employment base in the Midwest Region
3. 2 Enterprise Activities in the Midwest Region Figures from the CSO (2011) Business Demography highlight
that the number of active enterprises in the Midwest Region is approximately 18,150, with a breakdown comparative to
accounts for the largest number of active enterprises at 7, 156. Figures indicate that SMES comprise 99.8%of the total
active enterprises in the Region and account for over 80%of the total people employed by enterprises.
Large enterprises >250 employees) account for less than 1%of the total active enterprises; however, they account for 20%of total employees
in enterprises. Large enterprises and foreign direct investment FDI) are both a significant economic contributor and employer
in the Midwest Region 21 Research & Innovation Strategy for the Midwest Region of Ireland 2014-2018
11 Limerick/Shannon Gateway and Ennis Hub as identified in the National Spatial Strategy & Midwest Regional
Planning Guidelines 12 Source: Higher education Authority <12 10-49 50-249 250 +%Breakdown of Enterprises & Employees
0 %20 %40 %60 %80 %100 %Enterprises Employees Table 3. 1%Breakdown of Enterprises & Employees in the Midwest Region
Source: CSO Business Demography 2011 & MWRA Analysis CSO figures from Q1 2012 indicate that industry was the largest employer in the Midwest Region
employing 16%of the total workforce, with a further 14%employed in the wholesale and retail
and high-end employment, the economy of the Region is also highly dependent on the indigenous SME sector for growth and employment.
services that have been produced, less the cost of all inputs and raw materials that are directly attributable to that production.
future economic growth BORDER DUBLIN MIDEAST SOUTHWEST MIDWEST SOUTHEAST WEST MIDLAND â 9, 109m 6. 5
by matching both undergraduate and postgraduate courses with market demand. Graduate profiles with the highest retention rates are in business and humanities, science, engineering and IT13
National and regional investment in research, development and innovation is of paramount importance and a significant level of investment has been made in the Region in recent years
albeit at a lower level than that of our regional and European counterparts. A number of
have been examined to establish the current level of investment and growth 3. 5. 1 Innovation Vouchers
Enterprise Ireland†s Innovation Voucher initiative was developed to build links between Ireland†s public knowledge providers (i e.
opportunity or problem with a registered knowledge provider. Since the scheme began in 2007 the Midwest Region has experienced a low take-up of the Innovation Voucher scheme relative to
The Innovation Partnership Programme, coordinated by Enterprise Ireland, can provide up to 80 %of the cost of research work to develop new and improved products, processes or services, or
generate new knowledge and know-how. Grants are available for collaborative projects between companies and research teams within Higher education Institutes
amount of investment made in the Region due to the implementation of the Programme Border 12
jointly funded by Samco and Enterprise Ireland. This project has been highly beneficial to Samco. UCD have developed a process whereby the dairy sector
& Services 38 7 2 2 8 57 Industrial & Life sciences 12 2 1 4 7 26
Enterprise Ireland Enterprise Ireland†s Competitive Start Funds provide young companies with vital early stage funding
to test the market for their products and ideas, while New Frontiers is Enterprise Ireland†s national
entrepreneur development programme for innovative, early-stage start-ups. The uptake of both of these by entrepreneurs in the Midwest Region was low in 2012 compared to other Irish regions
The BERD of Enterprise Ireland supported companies indicate the Midwest Region performs lower than some of its regional counterparts.
for greater numbers of businesses to avail of research funding opportunities that are currently available.
figures outlined in Table 3. 5 indicate the investments made by Enterprise Ireland companies 27
between University college Cork and the Minister for Enterprise, Trade and Innovation. Located in Cork City it is one of Europe†s leading research centres
customers globally and approximately 30 researchers in residence from some of these companies. In 2013, Tyndall was participating in over 85 EU co
opportunities including Horizon 2020. This is a collaborative approach whereby Tyndall is the coordinating mechanism for industry participation on a variety of
EU programmes and other funding opportunities. This approach supports the building of relationships within this sector, through enhanced collaboration and
evolution is central to sustainable economic growth in any region. Research and Innovation are core components and must be developed
and expanded in order to enable economic growth in the Midwest Region. The evidence available indicates that there are strong R&i structures in the
and research services required by the UL Graduate Medical School. The newly established Synthesis & Solid State
to the potential for future economic growth and the progression of employment-related development in the Region.
Additionally, the national enterprise and innovation support agencies, such as Enterprise Ireland, IDA and the Local
Enterprise Offices, provide a wide range of services which help to promote a culture of
innovation in the Midwest 31 Research & Innovation Strategy for the Midwest Region of Ireland 2014-2018
4. 1. 2 Limerick Institute of technology (LIT) †Research Strengths R&i is a strategic focus at Limerick Institute of technology.
development and innovation to the benefit of the Regional and National economy •The Limerick School of art and Design †carries out a wide range of research activities in the Art
They will offer a high quality and better-integrated set of services to students, businesses and
stakeholders in the Region such as the Education and Training Boards and adult learning providers to ensure a coherent and focused approach to advancing the social and economic goals of the
Enterprise Ireland†s Technology Gateway Programme has established a nationwide network of 12 industry-focused Gateways based in the Institutes of Technology, one
4. 2. 4 Enterprise Ireland/IDA Technology Centres The current Programme for Government has highlighted the importance of introducing companies
The centres are a joint initiative between Enterprise Ireland and IDA Ireland which allows Irish companies
The Enterprise Research Centre in the University of Limerick has worked in collaboration with industry on a number of research initiatives.
importance in securing new contracts and procurement opportunities. While there are extensive linkages in the Region at present, the majority are informal in nature.
the single biggest opportunity for SMES. A recent study has highlighted that 75%of all Irish public
in tender bids if they had more market intelligence around opportunities. With growing public procurement opportunities in Europe and globally, Ireland is a low-level participant in this area.
Less than 2%of Irish companies have won successfully European tenders since 200317. In a programme
18 Enterprise Ireland and The National Association of Community Enterprise Centres Report 2014 entitled †Growth through Procurement†Enterprise Ireland has increased funding towards developing
industry linkages to support SMES to collaborate and develop partnerships to successfully bid for Irish, European and international public procurement and government tenders
National enterprise and innovation support agencies make a significant contribution to research and innovation in the Midwest Region.
and to contribute to the regional and national economy 4. 4. 1 Enterprise Ireland (EI
Enterprise Ireland is the government organisation responsible for the development and growth of Irish enterprises in world markets.
They work in partnership with enterprises to help them to start grow, innovate and win export sales on global markets.
Through the provision of funding, training & support, infrastructure & accommodation and the development of linkages and networks, EI
support sustainable economic growth, regional development and secure employment 4. 4. 2 Industrial Development Agency (IDA
The IDA is responsible for the attraction and development of foreign investment in Ireland. One of their key roles is to build links between international businesses and third level education
academic and research centres to ensure the necessary skills and research and development capabilities are in place 4. 4. 3 Science Foundation Ireland (SFI
SFI is the national foundation for investment in scientific and engineering research. SFI invests in
-edge technologies and competitive enterprises in the fields of science, technology, engineering and maths 4. 4. 4 Local Enterprise Offices (LEOS
Reform of the local authority system across Ireland has allowed local government to play a stronger role in promoting economic development as a statutory function.
This is due to the economic impact of its functions generally, its links with enterprise, its local knowledge and leadership
economic initiatives and its local development and enterprise functions. LEOS are located within the local authority structure
and have combined the resources of the former City/County Enterprise Boards with the local authority business support units.
They deliver services and supports to micro and small business sectors on behalf of Enterprise Ireland 4. 4. 5 Chambers Ireland
Chambers Ireland is a national business representative organisation with a Midwest network of offices in Limerick, Shannon, Ennis, Roscrea, and Thurles.
They provide support and work to create an improved business environment for both new and existing businesses.
They also provide employee training and up-skilling space and information for businesses on the state supports and
services that are available to them. Regionally they work to provide networking opportunities and business information events and they also work with key influencers and decision-makers on behalf
of their members on issues that are impacting on their businesses 34 4. 5 Midwest Regional Innovation Network
In addition to the research and innovation supports and services currently offered by the Higher Education Institutes and State Agencies in the Region, there is also an extensive network of
enterprises (SMES. Examples of the range of supports provided within this network include NEXUS †a †community supportive†environment for graduates who require support to start their
own business; the Hartnett Enterprise and Acceleration Centre (HEAC) †an on-campus incubator for innovation and growth driven business start-ups in the Midwest Region;
the National Franchise Centre (NFC) †a centre of excellence in Ireland for capturing the successful framework and
the Croom, Thurles and Newcastle West Community Enterprise Centres which are operated/work closely with LIT in the establishment and growth of new enterprises
Community Enterprise Centres (CEC) are of particular importance, with recent studies showing that they have created over 9, 300 jobs nationally in the last decade and over 40%of companies that
develop in CECS go on to export their products and services18 Figure 4. 1: Existing Enterprise
Support Centres in the Midwest Region Case study: Collaboration between Industry and Higher education Institutes The Croom Community Enterprise Centre opened in May 2013
and offers 17 fl exible units, 3 meeting rooms and 1 training room to cater for the needs of small and medium
Limerick Institute of technology through the Enterprise Ladder Programme to host training programmes and provide space for potential graduate companies of the programme.
centre provides traditional offi ce rental, personalised reception services, virtual offi ce support, administration support and many other tailored business solutions to support
in the Region for the benefi t of the wider economy. Cluster development and an open innovation
environment have proven to be highly successful approaches in other regions and, as outlined in the following chapters, this Strategy aims to progress their development in the Midwest
Opportunities for Future Growth Chapter 05 5. 0 Introduction The profile of the Region that has been set
are opportunities to capitalise on the research and innovation capacity of the Region have been identified, namely
regional and national economy 5. 1 Smart Specialisation 5. 1. 1 What is Smart Specialisation
specialisation is to transform regional economies around new knowledge-based activity domains. Those domains are
investment too thinly across several frontier technology fields risks limiting the impact in any one area
specialisation focuses investment and supports on identified regional strengths thus ensuring value for money in times
products and services that are closely related to existing dominant technologies and the regional skills base.
the prioritisation of complementarity between related economic activities, and fi nding better ways to combine their strengths,
This does not, of course, mean that individual enterprises will be prevented from establishing in specifi c areas or that they will not be supported in doing so.
Services Figure 5. 1 Identifi ed Industries for Smart Specialisation in the Midwest Region 5. 1. 3 Identifying Regional Priorities
focus investment in the coming years Based upon a) The Forfã¡s Regional Competitiveness Agenda 2009
specialisation policies and investment in the Midwest 38 5. 1. 4 Actions Required to Progress Smart Specialisation
and investment the following actions are recommended •To carry out further detailed analysis of the identified industries to establish their research
•To work in coordination with key stakeholders in the Region e g. local authorities, Higher Education Institutes and business support agencies such as Enterprise Ireland to ensure that
funding is focused on removing the identified barriers to development •To monitor the impact of analysis and investment, particularly in the areas of employment
productivity, the commercialisation of research outputs and the establishment of new related industries, in order to establish the impacts of the investments made
5. 2 Cluster Development 5. 2. 1 What is a Cluster Clusters represent the next step in the process of regional prioritisation.
which investment and development should be focused. Clustering is the next stage in the process, identifying the Region†s core competences and
Services Table 5. 1 Types of Business Collaboration It is important to differentiate between smart specialisation and the development of a cluster
to a broader set of sectors/actors in the economy. A cluster must be based around the core
that it is beneficial for new firms to be in an environment where there are a lot of other firms in
environment that companies need in order to grow e g. policies pertaining to funding, infrastructure etc Funding: Successful clusters are run like business entities
Good facilitation is required for collaborative opportunities to be identifi ed. Initially companies will be working in isolation
investment can be demonstrated. Company investment in the cluster is one of the key indicators of the success of any cluster initiative.
Also, in order to be considered successful there must be benefi ts for the wider region and not just for the companies directly involved in the cluster
•To secure public funding to engage a Cluster Facilitator to identify regional opportunities for
strengthen enterprise and employment within the energy sector in the Cork region. Supported by Cork City council and Cork County Council through their
Chamber with a view to building on the unique opportunities for the region to secure competitive advantage in the energy sector.
age of increased competition and more individualised customer demands, constant innovation is needed for businesses to grow
opportunities. In an open innovation culture the focus is to move away from a single large company
It offers the opportunity for businesses to identify and exploit complementary capability. The adoption of an open innovation approach between companies, academia and innovators in a region
interaction and communications between the relevant parties •To encourage and support multinational companies in the Region to develop their own Open
specific teaching modules on entrepreneurship and open innovation •To ensure that the Student Enterprise Programme currently undertaken by the Local Enterprise
Offices continues to promote a culture of innovation amongst young people in the Region •To develop the legal and financial competencies within the Region that will facilitate the
opportunity to avail of the benefits of Open Innovation approaches •To lobby nationally for policy guidance in relation to data protection, IP and competition policy
to support an open innovation environment for all Case study: The Creative Dublin Alliance The Creative Dublin Alliance is led by a network the Dublin City CEO, with members
drawn from the most senior level in local government, commerce, industry education, state agencies and the not-for-profit sector.
The purpose of the Creative Dublin Alliance is to develop, manage and promote Dublin†s international reputation
significant contribution to economic growth in the Midwest. However a key element of all three developments is the generation of innovative new concepts and ideas and the establishment of
Given that 99.8%of active enterprises in the region are SMES support for entrepreneurs and innovators is essential to ensure that this sector evolves and
Technology Transfer †Technology transfer is based on securing commercial opportunities for researchers and research institutions.
Investment Forums †Investment forums make a valuable contribution to innovation and business growth by providing an opportunity for entrepreneurs
and innovators to pitch their ideas to potential investors. They also provide an opportunity for networking between researchers, entrepreneurs
start-ups and innovative companies, students and investors. They perform a valuable role in attracting private sector investment to a region
but there are currently limited opportunities for businesses and individuals to present their initiatives to potential investors in the Midwest Region
and a formal investment forum is required Start-up and Commercialisation Support †there are a wide range of agencies in the region
providing invaluable support to entrepreneurs and business owners. Local Enterprise Offices Enterprise Ireland, community-based enterprise centres
and centres/programmes such as Nexus New Frontiers, LEAP and TESS all provide vital services to support business development in the
region. Innovate Limerick Ltd. will also provide essential business and innovation support in the region.
It is important that this level of start-up and commercialisation support continues in order to help innovators to market their goods and services.
Incubator space is also important but must be complemented by business support services to ensure that use of the space is proactively
assisting business development and expansion 46 Better Communications †Good communication and a high level of awareness of the available
supports is a key component of the promotion of business development and innovation in a region
A KPMG commissioned study in 2013-2014 has found that there is a very low level of awareness
providing the opportunity for businesses/innovators to showcase their proposals to potential investors •To work with Innovate Limerick Ltd. to provide incentives to cultivate Limerick as a
•To ensure that Local Enterprise Offi ces and other business support agencies provide mentoring
and to devise business plans for investors •To encourage collaboration between Local Enterprise Offi ces, Enterprise Ireland and the Offi ce
of Government Procurement to provide training to SMES on the public procurement process and to encourage collaboration
the existing supports and services that are available and to remove barriers that may be resulting in a low level of take-up of these support options
entrepreneurship in the Region Promoting a more collaborative culture through strong leadership and commitment to drive innovation and
entrepreneurship in the Region 48 Strategy Implementation Chapter 06 6. 0 Introduction Many different types of collaboration and
innovation and entrepreneurship in the Region Stakeholder engagement has been the cornerstone of the preparation of this
Strategy. Stakeholders have participated extensively in its design, with the Midwest Regional Authority performing a coordinating
role. Stakeholder involvement will also be the cornerstone of the implementation of this Strategy. At a regional level the Mid
-West Regional Authority will be incorporated into a new Regional Assembly in the near future with the new Assembly assuming
importance to develop multi stakeholder governance mechanisms which will help to create and further develop synergies
•Local Enterprise Offices •Local Economic and Community Plans •Innovate Limerick Ltd •Limerick Economic Forum
Enterprise Activities in the Midwest Region 49 Research & Innovation Strategy for the Midwest Region of Ireland 2014-2018
•Local Enterprise Offices •Local Economic and Community Plans •Innovate Limerick Ltd •Limerick Economic Forum
that opportunities for research development and innovation are identifi ed and capitalised upon. It is recommended also that further
opportunities for collaboration and knowledge transfer are sought proactively. In this context it is recommended that the opportunities offered by Horizon 2020 and by the Knowledge Alliances and
Sector Skills Alliances of the Erasmus+Programmes are investigated particularly Enterprise Ireland and IDA Ireland: The wide range of supports available from Enterprise Ireland
and IDA Ireland has been highlighted in this Strategy. It is recommended that these agencies continue to work to raise awareness
and increase up-take of the supports that are available to businesses in the Region.
towards innovation activities for new products and services. Going forward, and having regard to revised regional governance structures, it is essential that local authorities play a stronger role
Local Enterprise Offi ces: The Local Enterprise Offi ces have a key role to play in providing supports
to entrepreneurs and existing business owners and also in raising awareness about those supports and increasing the profi le of entrepreneurship as a career path.
It is recommended that the LEOS also work with SMES to support their participation in Horizon 2020 calls and projects.
Enterprise Activities in the Midwest Region 50 Midwest Region and designated Gateway with Shannon, can drive Research and Innovation regionally
innovation environment and culture Limerick Economic Forum: The Limerick Economic Forum is a high-level body with key decision
enhancement of local innovation capacity, including investment in research and development capacity technology transfer, up-skilling and re-skilling.
As representative bodies for the enterprises in the Region the Chambers of Commerce have a particular role to play in facilitating communication between enterprises and other
stakeholders in the region and in assisting to devise strategies to achieve the desired outcomes
6. 2 Conclusions As already illustrated the Midwest has signifi cant research and innovation capacity but there is an
between all the stakeholders in the Region. The recommended actions set out in this Strategy are the building blocks from which further collaboration and partnership can arise, bringing benefi ts to
all sectors of the regional economy. The proposed new working group of the RPG Implementation Steering committee will provide the governance mechanism necessary to ensure the implementation
Total funding to Irish-owned enterprises from EU Horizon 2020 Total funding to foreign-owned enterprises from
EU Horizon 2020 Total funding to Public sector from EU Horizon 2020 Number and value of claims under R&d tax credit
Financial support provided by Enterprise Ireland to enterprises to support applications to EU Horizon 2020 Number of new research-active High Potential Start-ups
Number of indigenous enterprises participating in EU Research Programmes Number of foreign-owned enterprises participating in EU
Research Programmes Number of Innovation Vouchers redeemed Number of companies engaged in research with HEIS via
Innovation Partnerships Number of companies involved in Enterprise Ireland/IDA Technology Centres Number of Phd level graduates
Number of patent applications Number of entrepreneurs/start-ups/spin outs supported with capital from private sources in the region through the
investor forum Number of entrepreneurs provided with mentoring/training by LEOS to enable them to develop business plans for
investors Table 7. 1 Interim Research & Innovation Indicators 7. 1 Conclusion Through ongoing monitoring and evaluation by the various partners with a role in the implementation of this
investments made and allow for the identification of areas that are underperforming relative to their potential and
capabilities and where further focus and investment of resources are required 54 Appendix 1 †Stakeholder Engagement
Stakeholder Engagement In order to inform the development of this Research and Innovation Strategy, a wide consultation
process was undertaken. The following stakeholders were engaged •One-to-one meetings with Enterprise Ireland NEXUS Innovation Centre
Limerick Institute of technology Enterprise Research Centre Cook Medical University of Limerick Technology Transfer Office Vistakon IDA Ireland
Nestle Limerick Chamber of commerce Forfã¡s •Presentations to the Midwest RPG Implementation Steering Group 11th december 2013 & 9th april 2014
•Midwest R&i Stakeholders Workshop: 4th february 2014 •Presentations to the Midwest Regional Authority Monthly Meeting
5th february 2014 & 7th may 2014 •Innovate Limerick Ltd. Workshop: 23rd April 2014 55 Research & Innovation Strategy for the Midwest Region of Ireland 2014-2018
•Priority Area A-Future Networks & Communications •Priority Area B-Data Analytics, Management, Security & Privacy
demands •Internationally Traded Services-building on emerging growth opportunities •Logistics and Supply Chain Management-taking advantage of infrastructures and local skills
•Energy and Environmental products and services-based on natural assets and R&d capabilities •Tourism-based on historic strength, existing infrastructure and natural and cultural amenities
56 Limerick 2030: An Economic and Spatial Plan for Limerick Limerick 2030 sets out nine broad sectors which will drive the Limerick and Midwest economy
over the next 10-15 years. This Economic and Spatial Plan outlines nine sectors for further
•Business and Professional Services •Tourism, Sport & Leisure •Secure investment in emerging sectors New Enterprise Growth
•Low Carbon Sector •New Enterprise Growth •Cultural, Creative and Digital Media Mid West Regional Planning Guidelines Priority Areas
•The Life sciences, Biotechnology and Medical Technology •ICT including Software •Logistics and Supply Chain Management
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