Open innovation has been studied mainly in large, multinational enterprises, of which most have large internal R&d departments
Variable Small and medium-sized enterprises (N-SME=792) Large firms (N-large=175) Mean Standard deviation Mean Standard deviation Difference Search intensity
Aidan Gough Intertradeireland (chair) Aidan Sweeney Irish Business and Employers'confederation Andrew Gavin Department of Jobs, Enterprise and Innovation Bernadette Mcgahon Intertradeireland Brendan Cremen
University college Dublin Ciaran Mcgarrity Department of Enterprise, Trade and Investment Eddie Friel University of Ulster Eoin Magennis Intertradeireland Ian Hughes Forfã¡
s John Smith Enterprise Ireland John Thompson Queen†s University Belfast Kirsty Mcmanus Confederation of British Industry Má
ire Flanagan Department of the Taoiseach Martin Lyes Enterprise Ireland Niall Casey Invest NI Several members of the Steering Group have retired
On the contrary, the report confirms that the vast majority of these innovative firms are micro-enterprises with less than 10 employees;
culture and capabilities that will help firms leverage greater advantage from the innovation ecosystem. 1. Introduction The impetus for this study is the recognition that open systems of innovation offer innovative enterprises
A study of high-growth firms in Scotland, funded by Scottish Enterprise, provides clear evidence of the heterogeneity of such firms (age, size, sector,
European commission, DG Enterprise and Industry, 2010). 8 Colin Mason and Ross Brown, High Growth firms in Scotland (Scottish Enterprise, October 2010). 9 OECD
, High-Growth Enterprises: What Governments Can Do to Make a Difference (2010). 7 12 The entire community works within a wider set of framework conditions defined by policy makers
•Ad hoc cooperation between Invest NI and Enterprise Ireland (eg: Innovation Vouchers scheme; •Cross-border intermediaries (such as the IBEC/CBI Joint Business Council;
Ireland Northern ireland EU-27 Total number of enterprises 195,000 67,525 20,839, 226 Birth rates of new enterprises 7. 8%6. 5%7. 6
46.8%82%58.4%%of SMES<10 years old 54%67%58%%of all enterprises that are innovation active 59.5%(CIS 2008-2010) 55.0%(UKIS
2009) 51.6%(CIS 2008/10)% of all enterprises that are exporters off the island 19%16%%of all enterprises that are cross-border traders 22%39%Sources:
The Innovation Union Scoreboard 2011 is available to download at ec. europa. eu/enterprise/policies/innovation/files/ius-2011 en. pdf 12 The Regional Innovation Scoreboard (RIS
the vast majority are micro-enterprises with less than 10 employees. Source: Intertradeireland Business Monitor (2011.
to get †signposted†via their Local Enterprise Office (LEO) to get through to the appropriate programmes,
Enterprise and Innovation in May 2013 †to advise the Minister for Jobs, Enterprise and Innovation on policy in the area of entrepreneurship and to draft appropriate policy conclusions and recommendations
which will support business startups, sustainable growth and long term job creation. The purpose of the Forum's Report is to support the Government's development of a National Entrepreneurship Policy Statement.
in conjunction with the programmes that the entrepreneurial community provides for itself. •Capital gains should be taxed at 20%rather than 33%to create incentives for investment in new enterprise. •A National Entrepreneurship Website for startups,
Enterprise and Innovation in May 2013 †to advise the Minister for Jobs, Enterprise and Innovation on policy in the area of entrepreneurship and to draft appropriate policy conclusions and recommendations
which will support business startups, sustainable growth and long term job creation. The Forum met six times over the summer of 2013.
Our proposals are offered in the spirit of building a strong, independent indigenous enterprise sector in Ireland.
in growth industries 6. Use underemployed resources Building a strong indigenous enterprise sector is not the sole responsibility of government and its agencies.
or social enterprises use many of the same skills as people starting a for-profit business,
and build international enterprises will bring real dividends via economic growth. This solid and continuous growth would solve the sovereign debt problem facing Ireland more quickly
Entrepreneurs attempt to develop new enterprises: corporate entities which normally employ staff and grow. Because entrepreneurs try to build a business around a new concept
Enterprise and Innovation and this Report will play a key role in guiding that process.
and their likelihood to start their own companies. 4 Much progress has been made in Ireland with initiatives such as the County & City Enterprise Boards †Student Enterprise Awards†5, RTà †s
Innovative enterprises require a pool of work-aware school leavers. There is an immediate need to introduce modules, courses bootcamps,
Information and communications technology (ICT) skills are an essential part of any successful modern enterprise in all areas from marketing through financial systems and logistics.
and 90%of enterprise CEOS, have technical degrees from college. When looking at the businesses that sell-15-4 European commission (2012)- Â Entrepreneurship Education at School in Europeâ-European commission
Young Enterprise (2012)- Â Impact of Entrepreneurship Education in Denmark 2012â-Danish Foundation for Entrepreneurship:
Young Enterprise, Copenhagen 5 This acquaints over 16,000 students annually with the concepts behind running their own business. 6 Run in secondary schools and third level institutions across Ireland,
so that they may feel engaged in it. products to enterprise customers, the number rises to 90%of CEOS with technical degrees. 8
and managed by the LEOS or Enterprise Ireland, as a national registry. This registry could list volunteer entrepreneurs by industry sector to make it easier for schools to engage with the business community
--Paul Tournier â€oe recommendations â€oe recommendations 2. 3. 1 Unemployed The Back to Work Enterprise Allowance, administered by the Department of Social Protection,
Firstly, the Back to Work Enterprise Allowance is only attainable if you have been on the †Live Register†for 12 months.
The Forum believes that addressing these issues would do much to enhance the entrepreneurial contribution of this section of society. 6. Reduce the time required to be on the Live Register before being eligible for the Back to Work Enterprise allowance. 7. Cut the waiting
time for appointments for unemployed people seeking approval for access to the Back to Work Enterprise Allowance. 8. Improve the payments system for entrepreneurs†grants for unemployed people trying to start a business.
Despite these efforts, only 10 percent of the high-potential startups backed by Enterprise Ireland are led woman enterprises,
A successful example of this is the †National Women†s Enterprise Dayâ€, a two-day event currently organised by Ireland†s 35 County and City Enterprise Boards,
an important vehicle seeking to inspire, activate and assist women across Ireland in running their own business.
The Dublinbic manages the Guinness Enterprise Centre, the single largest entrepreneurship facility in the country with 60,000 sq ft. of space, over 80 startup companies and 320+employees in one building.
On completion, participants would be referred to the range of financial and soft supports from Enterprise Ireland/LEOS, Microfinance Ireland, Department of Social Protection, Local Development Companies, etc.
Enterprise Ireland should launch a Competitive Feasibility Fund for Youth Entrepreneurs. Programmes such as these will not solve the youth unemployment problem,
As a pilot initiative, 50 of the larger more established startup and growth companies based in the Guinness Enterprise Centre could be engaged to take one †youth unemployed†person each to undertake an internship. 14.
A Competitive Feasibility Fund for Youth Entrepreneurs should be established by Enterprise Ireland. 2. 3. 4 Immigrants Immigrants to Ireland are educated generally well
or higher compared to 27.1%of Irish nationals. 9 Immigrants are entitled to use the services of the various enterprise support agencies,
Enterprise Ireland should leverage their collaboration with the Higher education Authority (HEA) to develop a tailored enterprise programme that is targeted at immigrants who are postgraduates in Irish Higher education Insitutions HEIS)
Local Enterprise Offices should work directly with immigrant organisations, social groups and places of worship to promote the many services
Senior Enterprise, an EU supported initiative through INTERREG IVB NWE, is designed specifically to encourage a greater involvement with enterprise by those aged over 50.
Exchequer funding for the successful EU supported Senior Enterprise initiative should be sustained when EU funding ceases.
The Forum feels that these examples of volunteer initiatives could be explored further. 3. 3 Skills Development Programmes Enterprise Ireland
as designated by Enterprise Ireland, are able to partake of these types of programmes. We suggest that these programmes constitute the minority of the skills development supports provided by the State
Typical startups of this period were companies such as Kindle (Banking Systems), Aldiscon (Text messaging), Fineos (Insurance), Iona (Enterprise Integration Software), APION (Mobile Web), CBT & Riverdeep
4. 4. 1 Community Enterprise Centres In the past 25 years over â 60 million of state funding has gone into CECS (Community Enterprise Centres) throughout Ireland.
Community Enterprise Centres have significant potential to further-32-23 Most accelerator programmes have good co-working spaces
http://hackerspaces. ie/.24 Digital Hub, Dogpatch Labs, Guinness Enterprise Centre, Coworkinn (IMI Campus). Case study-Limerick Limerick City and County Councils have introduced a new Business
Case study-North Tipperary The project developed by North Tipperary Food Enterprise Centre (Rearcross) Ltd was led a community
and championed by Tipperary North County Enterprise Board, recognised a lack of dedicated food grade industrial workspace as a serious barrier to the establishment and growth potential of food companies in the area.
An independent feasibility study was commissioned in September 2005 to develop an innovative community business model for the establishment of a viable integrated food enterprise centre in North Tipperary.
Agencies sharing the vision for this important food infrastructure asset were Tipperary North County Enterprise Board (â 168,500), Enterprise Ireland Community Enterprise Scheme (â 337,000
c. examine the North Tipperary Food Enterprise Centre (Rearcross) Ltd model and the Limerick model highlighted in this chapter for suitability for adoption in other areas;
Enterprise Ireland pays each of the Higher education institutions to host Technology Transfer Offices that are charged with increasing the flow of commercialisation from academic research.
and Enterprise Ireland community recently: that a vibrant ecosystem requires simpler means for companies to engage without †clouding†the Intellectual Property (IP) ownership.
The irish Research Council also offer the very successful Enterprise Partnership Scheme whereby a postgraduate student can undertake their Phd
Extend the successful IRC †Enterprise Partnership Scheme†which enables students to undertake their Phd research through an active engagement
http://www. openireland. com 34 Enterprise Ireland approved companies, or IDA approved companies would be â€oetrusted parties†to ensure that the qualifications of the employee are advanced sufficiently to qualify for the visa,
Enterprise and Innovation. recommendations Open Ireland endeavors to establish Ireland as the top destination for English-speaking tech talent. businesses in Ireland would also support the possibility of increasing export potential
Implement the †trusted parties†work visa approval process as envisioned by the Department of Jobs Enterprise
The Department of Jobs, Enterprise and Innovation has set-aside â 175 million in the 2013-2018 budget with the target of leveraging an additional â 525 million in third-party capital for growing Irish startups.
a. Enable medium-sized enterprises (50-250 employees) in the non-assisted areas35 to avail of the EIIS. b. The EIIS should be amended to increase the period of investment from three to five years. c. Under the EIIS,
A private sector Prompt Payments Voluntary Code of conduct is currently being established by the Business Representative Bodies in Ireland, supported by the Department of Jobs, Enterprise and Innovation.
Secondly, Ireland has quite a number of great existing programmes for capacity building for startup companies, through Local Enterprise Offices (LEOS), Enterprise Ireland and other agencies.
000 staff currently employed in agencies related to enterprise supports. •There are 5 agencies under the Department of Jobs,
Enterprise and Innovation involved in different aspects of supports for indigenous startups. •There are a further 8 agencies under the aegis of the Department of Community Rural and Gaeltacht Affairs, Department of Arts, Sports & Tourism
and the Department of agriculture and Food responsible inter alia for enterprise supports in specific sectors or regions.
The Department of Jobs, Enterprise and Innovation should create an Entrepreneurship Policy Unit. 7. 2 Monitoring progress of entrepreneurship policy It is important that the Government monitors performance to ensure that actions taken are showing positive results.
Enterprise and Innovation to facilitate performance monitoring. The Department should design an appropriate structure and mechanism for the production of startup information.
•Business survival rates. •Trends in new enterprise creation-self employment/companies. 61. A †Startup Monitor†should be produced
Enterprise and Innovation to support the tracking of performance of the entrepreneurship policy. 7. 3 Information Signposting Entrepreneurs consistently highlight difficulties in accessing the correct information about startup programme supports from The irish government.
Signposting Role LOCAL ENTERPRISE OFFICES Enterprise Ireland BICS Crafts Council Intertrade Ireland Bord Bia Fá
s na Gaeltachta Western Development Commission development and growth of Irish Enterprises in world markets Crafts Industry North & South Economic Development supports for innovative
Currently, high capital gains and personal income taxes combine to disincentivise reinvestment in Irish enterprise, except through highly complicated financial structures and by external parties.
and enterprise and therefore are neither efficient nor conducive to increasing strong economic growth. Governments everywhere try to encourage people to reinvest their earnings into the economy.
all capital gains should be taxed at 20%rather than 33%to incentivise investment in new enterprise. 69.
or more entrepreneurs or entrepreneurial volunteers for â€oemeritorious service†to Ireland. 2. 3. 1 Unemployed 6. Reduce the time required to be on the Live Register before being eligible for the Back to Work Enterprise allowance. 7
. Cut the waiting time for appointments for unemployed people seeking approval for access to the Back to Work Enterprise Allowance. 8. Improve the payments system for entrepreneurs†grants for unemployed people
As a pilot initiative, 50 of the larger more established startup and growth companies based in the Guinness Enterprise Centre could be engaged to take one †youth unemployed†person each to undertake an internship. 14.
A Competitive Feasibility Fund for Youth Entrepreneurs should be established by Enterprise Ireland. 2. 3. 5 Immigrants 16.
Enterprise Ireland should leverage their collaboration with the Higher education Authority (HEA) to develop a tailored enterprise programme that is targeted at immigrants who are postgraduates in Irish Higher education Insitutions (HEIS)
Local Enterprise Offices should work directly with immigrant organisations social groups and places of worship to promote the many services
Exchequer funding for the successful EU supported Senior Enterprise initiative should be sustained when EU funding ceases.
c. examine the North Tipperary Food Enterprise Centre (Rearcross) Ltd model and the Limerick model highlighted in chapter 4 for suitability for adoption in other areas;
Extend the successful IRC †Enterprise Partnership Scheme†which enables students to undertake their Phd research through an active engagement
Implement the †trusted parties†work visa approval process as envisioned by the Department of Jobs Enterprise
a. Enable medium-sized enterprises (50-250 employees) in the non-assisted areas43 to avail of the EIIS. b. The EIIS should be amended to increase the period of investment from three to five years.
The Department of Jobs, Enterprise and Innovation should create an Entrepreneurship Policy Unit. 7. 2 Monitoring progress of entrepreneurship policy 61.
by the Department of Jobs, Enterprise and Innovation to support the tracking of performance of the entrepreneurship policy. 7. 3 Information Signposting 62.
all capital gains should be taxed at 20%rather than 33%to incentivise investment in new enterprise. 69.
, Tanorganic Thomas Cooney Professor of Entrepreneurship, College of Business, Dublin Institute of technology Tom Hayes Micro Enterprise and Small Business enterprise Ireland Wendy Gray SME Policy
, Department of Jobs, Enterprise & Innovation Members of the Entrepreneurship Forum Acknowledgements Glossary of Terms BES:
Department of Jobs, Enterprise & Innovation EI: Enterprise Ireland EIIS: Employment and Investment Incentive scheme EO:
Entrepreneurs Organisation GNP: Gross National Profit HBAN: Halo Business Angel Network, an angel finance group.
Local Enterprise Office NDRC: National Digital Research Centre OECD: Organisation for Economic Co-operation and Development PAYE:
Small & Medium Enterprise STEM: Science, Technology, Engineering and Maths VAT: Value Added Tax-59-Breznitz, D. 2012.
Rethinking Enterprise Policy. Palgrave Macmillan. Cooney, T. M, . & Flynn, A. 2008). A mapping of ethnic entrepreneurship in Ireland.
(2006) Dublin Chamber of commerce, Budget 2014, Pre Budget Submission Department of Enterprise Trade and Employment (2008.
of Enterprise Supports for Startups and Entrepreneurs Forfã¡s Presentation: Our Cities, Drivers of National Competitiveness Global Entrepreneurship Monitor.
Three decades of enterprise culture? Entrepreneurship, economic regeneration and public policy. Palgrave Macmillan Ltd..International Policy Reports for Economic growth Cooney, T. M. Kidney, E. 2009) Entrepreneurship and Innovation Policy in Ireland References-60-Joint Committee on Jobs, Enterprise
and Innovation (2012) A review of the Information Communication Technology (ICT) skills demand in Ireland.
Maguire, A. 2013) Presentation on †Engagements with the Enterprise Sectors. †Melo, H. 2013.
References continued-61-Published by the Entrepreneurship Forum c/o Department of Jobs, Enterprise and Innovation Kildare St. Dublin 2 Tel:
Department of Jobs, Enterprise, and Innovation 23 Kildare St. Dublin 2 Tel:++353 1 6312121 www. enterprise. gov. ie www. djei. ie N A t IO N A l P O L IC Y S TA
T E M E N t O N e N t R E P R E N e U R S H IP IN IR
Statement on Entrepreneurship in Ireland2 Foreword by An Taoiseach, Enda Kenny TD 4 Foreword by the Minister for Jobs, Enterprise and Innovation
Burdens 28 2. 4 Supports 28 2. 5 Local Enterprise Offices (LEOS) 30 2. 6 North/South 30 Key Actions:
APPENDICES 61 Appendix 1-Enterprise Ireland Entrepreneurship Supports 62 Appendix 2-Local Enterprise Offices Entrepreneurship Supports 65 Appendix 3-Global
Enterprise and Innovation this segment of economic activity will continue to make a significant contribution to our wellbeing in the future.
Enterprise and Innovation (DJEI) will monitor progress against key performance indicators to ensure delivery. Our challenge now is to ensure that entrepreneurs of all backgrounds
Richard Bruton Minister for Jobs, Enterprise and Innovation September 2014 Foreword by the Minister for Jobs, Enterprise and Innovation, Richard Bruton TD National Policy Statement on Entrepreneurship
The Entrepreneurship Forum, established by the Minister for Jobs, Enterprise and Innovation in May 2013 to examine the ecosystem from the perspective of entrepreneurs
The Department of Jobs, Enterprise and Innovation (DJEI) will carefully monitor progress against key performance indicators
and work with its partners in enterprise to achieve this ambition. 3 †Entrepreneurship in Ireland-Strengthening the Startup Communityâ€, 2014,
http://www. djei. ie/enterprise/smes/Entrepreneurshipforumreport2014. pdf National Policy Statement on Entrepreneurship in Ireland8 Entrepreneurship Environment †Key Elements Entrepreneurship requires a range of skills
Looking at the broader picture, the first influence on the lifecycle of an entrepreneur is the attitude of society towards enterprise and the cultural values and emphasis on entrepreneurship in the education system.
Promote best in class standards across the network of Enterprise Ireland and Local Enterprise Offices which fully exploit the enterprise assets of their community and foster new thinking in the enterprise area.
Stimulate and support high levels of quality entrepreneurial ventures with high growth, export, wealth and job creation potential. 3 Innovation Make Ireland a location of choice for high quality international startups.
facilitating entrepreneurial leadership. 6 Access to Markets Encourage local and national private enterprises to commit to offer opportunities for fledgling businesses to find a market.
000 trading enterprises in Ireland. In the same year there were fewer than 12,000 startups. Dominated by microenterprises, over 90%of all startups were in the services, distribution and construction sectors.
and distribution but in services and financial services the startup rate was just over 7%.4 Startups 2011 Number%of Existing Enterprises in Sector Industry 725 5. 2 Construction 1, 976
CSO Business Demography 2011 Enterprise startup activity was dampened severely by the recession. According to the CSO, enterprise births fell by a third between 2006 and 2010, from 16,700 in 2006 new enterprises to 11,200 in 2010.
The attrition rate over this five year period was high. Of those started in 2006, only 51%survived five years.
Enterprises starting business after 2006 have experienced even poorer survival rates at each yearly milestone. Of the 13,461 enterprises birthed in 2007, just 6,
513 or 48.4%survived to 20125. Not surprisingly, construction has experienced the greatest fall off in startups and the greatest attrition rates.
enterprises that had started in the five years up to 2011 employed 93,000 people by 2011. This was a substantial employment gain over a period in
which longer established enterprises had shed 400,000 jobs. Even in that very difficult time for enterprise, therefore, startups were a dynamic source of opportunity and drivers of economic revival.
The Global Entrepreneurship Monitor (GEM), which provides useful international comparative information on entrepreneurship, reflects the difficulties for entrepreneurship which Ireland has experienced in recent years.
One in five of these entrepreneurs expect to grow their new business beyond a micro enterprise
This suggests that it is possible to combine enterprise with a big welfare state. National Policy Statement on Entrepreneurship in Ireland 17 GEDI 2014 Country Rank Score Country Rank Score United states 1 82.5 Singapore 11 67.9
weaknesses and opportunities across the ecosystem and will form the basis of an annual report to the Minister for Jobs Enterprise & Innovation.
and adults to acquire the skills enterprise needs now and to prepare them to both take up
A gender breakdown of Enterprise Ireland high potential startups (HPSUS) in recent years shows a far larger gap between the numbers of male-led HPSU companies to female-led companies.
Analysis undertaken in 2012 of the previous 10 years of HSPU companies in Enterprise Ireland†s 8 Global Entrepreneurship Monitor 2013 Culture,
female led enterprises accounted for just 7%of HPSU investments. Enterprise Ireland conducted research in 2012 which showed the following challenges specific to female entrepreneurship:
Fewer role models; Less access to finance and lower levels of risk taking; Low self-confidence; Limited female networking opportunities;
It is essential that potential female entrepreneurs are made aware of the significant range of support programmes that have been put in place by the various enterprise agencies to address these challenges
In 2013,57%of participants attending core training programmes in Local Enterprise Offices (LEOS) were female.
In 2013, Enterprise Ireland invested in 103 HPSUS and 41 of these companies were led female projects, up from 16 in 2012.
As part of the Action Plan for Jobs, the Local Enterprise Offices launched a competition in 2014 to identify Ireland†s Best Young Entrepreneur.
creating particular challenges for enterprise stimulation and job creation. While generally positive in tone a recent IBEC Economic Update (28 july 2014) showed a drop of between 2%and 4%in youth population in the BMW regions (vis-Ã-vis the national average),
A new targeted programme to encourage entrepreneurship among graduates was launched by Enterprise Ireland in May 2014.
Action has also been taken by Enterprise Ireland to roll out an enhanced Student Enterprise Awards initiative targeting a greater number of students from the third level sector
National Policy Statement on Entrepreneurship in Ireland22 1. 3 Education The Department of education and Skills supports enterprise in schools through the development of a basic understanding of scientific principles and methods and of business.
The education and training system will continue to play a critical role in developing Ireland†s enterprise and innovation infrastructure.
All of the above skills, allied with the attainment of competence in a second modern language, form an important basis for lifelong learning and for creating a culture of enterprise.
Encouraging and promoting an enterprise culture among the student population is an important area of activity for the Local Enterprise Offices.
Student Enterprise Awards-Second Level Exploring Enterprise-Second Level Bi Gnothach Enterprise Programme-Primary Level A strategy for the Further Education
The Higher education Authority (HEA) is developing an enterprise engagement strategy, within which entrepreneurial education will be an important part.
Enterprise needs to play a more central role in education to help HEIS provide an environment supportive of entrepreneurship.
An Enterprise and Entrepreneurial Learning Module has been adopted by 17 different higher education institutions and in June 2014 ACE rebranded itself as CEEN (Campus Entrepreneurship Enterprise Network), marking its transition to a national network.
CEEN is available to all HEIS interested in developing entrepreneurship education9. The evolution of this programme will be vital in developing future entrepreneurship education in Ireland.
Culture, Human Capital & Education Make entrepreneurship an integral part of our ambition as a nation Develop guidance for schools to enhance enterprise in education.
EI, LEOS, DES, Ã nag) Map relevant entrepreneurship activities in higher education institutions as part of the overall strategy for higher education engagement with enterprise and embed entrepreneurship support within the HEI System Performance Framework.
DES) Develop an enterprise engagement strategy for higher education to include entrepreneurial education as an important part of the national framework for enterprise engagement.
and run their own business Work with the Department of Social Protection to promote the Back to Work Enterprise Allowance,
These include tax rates and incentives, education and training, regulation, legislation, the climate for R&d, immigration, trade, infrastructure and Government funded enterprise supports.
The development of Local Enterprise Development Plans will identify new initiatives and opportunities to support this agenda.
and exploit opportunities for convergence between tourism and other areas of enterprise and entrepreneurship. The provision of support by LEO€ s and Local Action Groups to startup and developing tourism enterprises will be aligned with the Local authorities tourism objectives and plans for their areas.
Ireland has a good reputation as a place where it is easy to start a business.
Availability of talent Low rate of corporate tax Availability of R&d tax credits Low rates of non-wage add-ons to labour costs Ease of establishing an enterprise Flexible labour Some less well known strengths are:
which will greatly simplify incorporation of an enterprise, is currently before the Oireachtas. The Department of Social Protection provides support for unemployed people to start a business in the form of the Back to Work Enterprise Allowance.
To support job creation a range of employment supports are also available. These include a free recruitment service through the Jobs Ireland service, the Jobbridge internship scheme,
community and social enterprise supports as potential routes towards addressing long term unemployment and socioeconomic disadvantage. This work and its contribution towards self employment is set out in detail in the Pobal report â€oesupporting Inclusion through Self employment. †In the main,
who are supported via the assistance of the Department of Social Protection Back to Work Enterprise Allowance (BTWEA) scheme.
The LECP will seek to address community and local development responses to employment, self employment and social enterprise.
The Local Enterprise Offices (LEOS) are required to draft an annual plan for boosting enterprise which should be complementary to the LECP.
It is also essential that all sources of funding in support of enterprise are fully complementary
Therefore, strong co-operation and consistency among all of the actors is vital in support of enterprise in each county.
thereby providing significant cash-flow benefits to an enterprise, particularly a high potential startup. The extent to which a company can avail of tax efficient share based employee remuneration relief in Ireland,
and reinvestment of capital are essential to enterprise development. Following a number of capital gains tax (CGT) rate increases in recent years,
An easy to use web portal businessregulation. ie) for all key business regulatory compliance issues has been introduced to help reduce the regulatory burden on the enterprise sector.
and execute for compliant enterprises. The Companies Bill 2012 restructures, consolidates, simplifies and modernises company law in Ireland, with the ultimate aim of improving Ireland†s competitive position as a location for business investment.
this free on-line risk assessment tool is aimed specifically at Small and Medium Enterprises and has the potential to bring about â 50 million in compliance cost savings for business.
and further details are provided in Appendix 1. Programme â m 2013 Participating Enterprises 2013 High Potential Startups 21.7 104 Competitive Start 4. 3
Of the 12,000 startups each year the DJEI enterprise agencies provide direct support to approximately 1, 200 and soft (i e. nonfinancial) support to over 4, 000.
Direct support is made only available to enterprises with the capacity to export an approach which remains an important policy principle.
Recent reorganisation of the Local Enterprise Offices into a †First Stop Shop†for all business supports has made it much easier for businesses
Early intervention by the Local Enterprise Offices and Enterprise Ireland continue to play an important role in helping people to establish businesses,
the level of access to new support providers and the level of choice given to entrepreneurs Better integration of the Community Enterprise Centres into the Local policy for entrepreneurship The opportunity to make greater use
Overall, the survival rate for enterprises that are supported State (in existence after five years) is high.
This ranges from 68%in LEO supported enterprises to over 85%for Enterprise Ireland†s High Potential Startups (HPSUS).
) National Policy Statement on Entrepreneurship in Ireland30 2. 5 Local Enterprise Offices (LEOS) Promoting entrepreneurship at local level is a key objective of this policy statement.
The new Local Enterprise Office (LEO) structure combines the expert knowledge of the former County and City Enterprise Boards (CEBS) and the business development expertise of the Local authorities.
This new structure will be overseen by the dedicated National Centre of Excellence in Enterprise Ireland
and micro-enterprise sector will be enhanced considerably by offering easy access to a wider range of supports by tapping into the potential for local authorities to use their reach to open up opportunities and solutions for startups,
The role of the Enterprise Ireland Centre of Excellence is to provide strategic, administrative and technical supports to the LEOS.
Given the stronger connectivity of the LEOS to Enterprise Ireland from both a policy and practical perspective
and play a lead role in linking high potential LEO clients to the Potential Exporters Division in Enterprise Ireland.
In addition, the development of robust and targeted metrics for the LEOS as part of their Local Enterprise Development Plans will help them prepare their clients for a more seamless transition to becoming EI clients.
National Women†s Enterprise Day, the Student Enterprise Awards scheme and the recently launched Ireland†s Best Young Entrepreneur Competition.
Their higher local, regional and national profile, the new tripartite partnership with the Local authorities and Enterprise Ireland and the new relationships and linkages with other State Agencies and Bodies will all contribute to this broad societal
Enterprise and Innovation, is designed to build capacity and scale and encourage entrepreneurship in a cross-border context.
A huge opportunity exists to build synergies between enterprises in both jurisdictions for mutual advantage
and job creation fully fit with the Government†s wider enterprise strategies. National Policy Statement on Entrepreneurship in Ireland32 Key Actions:
D/Finance, Revenue) Develop an integrated licensing application service to help reduce the regulatory burden on the enterprise sector.
HSA) Promote best-in-class standards across the network of Enterprise Ireland, Local Enterprise Offices and à daras na Gaeltachta to exploit fully the enterprise assets of their community and foster new thinking in the enterprise area Each LEO will develop a Local Enterprise
Development Plan for boosting enterprise. Key targets in the local plan will be new business startups,
business expansions and jobs created or sustained as well as wider economic impacts such as exports, mentoring, training and enterprise promotion.
LEOS) Local authorities and Local Community Development Committees (LCDCS) will make 6 year Local Economic and Community Plans
The LECP will seek to address community and local development responses to employment, self employment and social enterprise.
Local authorities, LCDCS, DECLG) Each Leo will identify how it can facilitate hubs where startups can be established in a supportive network before moving on to accommodate for the next cohort of emerging enterprises.
A key approach will be to build on the 100+Community Enterprise Centres across the country by implementing local protocols to ensure the LEOS are integrated fully into the enterprise development plans of each county.
LEOS) The Centre of Excellence in Enterprise Ireland will develop a competitive fund to promote innovation within
Enterprise Ireland will also publish a report each year on the startup environment across the LEOS network, identifying areas of excellence and areas for improvement and innovation.
and à daras na Gaeltachta supported enterprises progressing into Enterprise Ireland†s Potential Exporters Division.
à nag) Work with all supported enterprise centres (CECS, BICS etc. to set out ambitions for the cultivation of startups
Enterprise Ireland works with entrepreneurs and innovative startups at all stages of growth partnering with the LEOS,
and academia is an important element in the entrepreneurship ecosystem. 3. 1 Innovation Supports Entrepreneurs can access a range of pre-investment supports from Enterprise Ireland or their Local Enterprise Office
Innovative HPSU Programme Allows Enterprise Ireland to offer equity investment to HPSU clients on a co-funded basis to support the implementation of a company†s business plans.
Enterprise Ireland can help companies by providing information on the main sources of private investment.
Enterprise Ireland has committed to redeveloping its Innovation Partnership Programme with a view to encouraging additional smaller collaborative research projects between companies
Enterprise Ireland is responsible for supporting HPSU companies. HPSUS are startup businesses with the potential to develop an innovative product
That said, Enterprise Ireland†s experiences is that with appropriate mentoring and other supports the length of time successful Irish startups are taking to reach key revenue milestones is reducing.
Enterprise Ireland is focussing on capability building post seed funding to accelerate the number of companies achieving key revenue milestones and the speed at
which facilitates two-way exchanges between researchers and enterprise, and The irish Research Council†s Employment-Based Postgraduate programme (Phd and Masters).
A key indicator of success will be increased an flow of new enterprises exploiting technological opportunities. 3. 5 Horizon 2020 The National Support Network for Horizon 2020 is focussed on ensuring that Ireland continues to perform strongly in the EU Research
Industry has indicated that guidelines issued by Enterprise Ireland through its Innovation Voucher and Innovation Partnership programmes are helpful
Enterprise Ireland has dedicated a team focussed on overseas entrepreneurship designed to bring in new sources of HPSUS.
Since this initiative was launched Enterprise Ireland has supported 35 high potential start-ups that were led by overseas entrepreneurs
or EEA nationals may be waived for enterprise start-ups on the recommendation of one of the State†s enterprise development agencies.
and financial products to support enterprises within these sectors. This includes improved access to working capital for exporting firms and the provision of trade finance to business.
The Department of Jobs, Enterprise and Innovation (DJEI) is funding the programme, which will be delivered by trainers and mentors with substantial experience of working with both SME owner managers, banks and other providers of business finance.
with almost half of this finance coming from funds leveraged by Enterprise Ireland. Enterprise Ireland funds have increased the availability, in particular, of seed funding.
One of the biggest challenges for businesses seeking to raise equity finance is to become investor ready
These alternative financing activities can be valuable sources of funding to startup enterprises, either as a complement to traditional bank funding or as an alternative if an application for bank credit is declined. 4. 3 Microfinance Ireland
By June 2014, Enterprise Ireland had made four investment commitments through IFI with a combined value of approximately â 80 million, out of a total EI allocation to the fund of â 125 million.
Efforts will be made to enhance Halo Business Angel Network (HBAN), a joint initiative between Enterprise Ireland, Intertradeireland and The irish Business and Innovation Centres
These are the EU programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (COSME) and Creative Europe.
while comparatively small in relation to other enterprise facing programmes, provides some opportunities for improving access to finance for SMES
and augmenting the important support service delivered by the Enterprise Europe Network (EEN) Ireland, managed by Enterprise Ireland.
The current support structure for SMES seeking support in accessing EU funding programmes is provided by DJEI in conjunction with Enterprise Ireland (National Support Network †32 National Contact
Points drawn from ten agencies. As stated above, the EEN Ireland office is funded through COSME
so that all viable businesses have the opportunity to access sufficient finance to meet their needs Improve monitoring of the supply and demand for bank credit within the SME sector, particularly, the high rate of refusal among micro enterprises, taking account
D/Finance) Raise the awareness of enterprises about their rights to obtain feedback from banks
Enterprise Ireland, County Enterprise Boards), mentoring to support entrepreneurs in advance of seeking angel investment (eg. Startupbootcamp Dublin) and mentoring as a core component of intensive management development programmes (e g.
A working group will implement changes to broaden its scope (particularly including mentoring to help enterprises scale),
Enterprise Ireland launched Ireland†s first peer-to-peer online networking platform for female-led companies in January 2014.
particularly for micro and small enterprises Establish metrics and develop the capability to measure the impact of business mentoring.
Strengthening enterprise capability at the firm level to deliver increased sales and jobs Increased focus on competitiveness
and Health XL) and co working spaces such as the Digital Hub and the Guinness Enterprise Centre.
The priority remains to explore the potential for current and potential providers of enterprise space to participate in various national efforts aimed at promoting entrepreneurship with the aim of further promoting the co-working space concept and business model across Ireland,
Using available private and public locations and existing enterprise centres, incubators and Business Innovation Centres may be of some value in this. 5. 3. 4 Private Sector/Representative Bodies As the Entrepreneurship Forum has highlighted,
which is currently being established by the Business Representative Bodies in Ireland, supported by the Department of Jobs, Enterprise and Innovation.
DJEI)- Test market on a regional pilot basis the establishment of an interactive searchable portal for mentors accessible to all enterprises.
EI) Work with enterprise and the wider communities and public authorities to develop new sources of co working spaces and â€oehotspotsâ€.
s na Gaeltachta will provide property solutions to enterprises at their different stages of development
and invest in the redevelopment of the existing portfolio of enterprise space to facilitate modern infrastructure and support services to build local capacity.
and business representative bodies) to commit to the Prompt Payments Code of conduct to ensure responsible payment practices across enterprise in Ireland.
and reputation internationally as part of our enterprise and innovation culture. 6. 1 First time Exporters State aid rules prevent the Government from directly supporting any export-related activities such as sales or marketing.
Since 2012 Enterprise Ireland has sought to replace general trade missions with sector specific missions whenever possible.
and awareness events and are supported in the development of a market plan for their priority target market. 6. 2 Clustering Programme Enterprise Ireland†s pilot clustering programme was established in 2012 to encourage groups of businesses to collaborate to achieve specific business objectives,
Enterprise Ireland, Intertrade Ireland and the Office of Government Procurement are working with the SME sector to facilitate
SBIR programmes have the double aim of increasing the innovation capabilities and capacity of the enterprise sector, in particular that of SMES,
The Sustainable Energy Authority of Ireland (SEAI), in co-operation with Enterprise Ireland and ESB, launched Ireland†s first Small Business Innovation Research (SBIR) competition on 30th june 2014.
and is being rolled out through the Local Enterprise Offices, who have been supported by industry in the development of the programme.
Elevate is focused on helping established micro enterprises take their first steps in exporting and exploring opportunities in a new cross-border market.
Acumen is designed to stimulate cross-border business for small and medium enterprises that already have a proven track record in their home market.
Access to Markets Encourage local and national private enterprises to make a commitment to provide market opportunities for fledgling businesses Promote the expansion of programmes through which retailers
and other enterprises can provide support to new businesses (e g. to reach supply standards and access exposure or shelf space.
and facilitate innovative ways for established indigenous and foreign enterprises to collaborate in support of early stage companies in various sectors.
EI, OGP) Ensure startups are export oriented in their thinking early in their development Develop a pipeline of enterprises to enter the Potential Exporters Programme.
EI) Promote a major expansion of online trading from the early stage of an enterprises life.
chaired by Department of Jobs, Enterprise & Innovation, with membership drawn from the enterprise agencies and the key collaborative departments (Department of education & Skills, Department of Finance etc.).
Enterprise & Innovation in tracking the various indicators that taken together define the competitive position of the national system of entrepreneurship in Ireland.
Rates for enterprise at 5 years CSO 48.4%The performance indicators identified above are not exhaustive (for example the data on startups
Enterprise Awards applications from third level institutions Agencies EI 400 Participation in LEO Best Young Entrepreneur LEO N/A Participation in LEO Student Enterprise
ranging from tax rates and incentives, regulation, legislation, immigration, infrastructure and State-funded enterprise supports. It is essential that the performances of these framework conditions,
Revenue Unavailable at date of publication SCS Scheme Activity Revenue Unavailable at date of publication SUPPORTS-ENTERPRISE IRELAND Participation in EI Entrepreneur Programmes EI 485
businesses and organisations to â€oethink global†and to promote internationally Ireland†s talents and reputation as a strong enterprise and innovation culture.
Provide entrepreneurs with comprehensive information to understand the business development process including the key success factors and potential pitfalls as well as an outline of financial supports available from Enterprise Ireland and Local Enterprise Office. 2011: 264
Enterprise Ireland Entrepreneurship Supports National Policy Statement on Entrepreneurship in Ireland 63 Programme/Fund and Objective Number of Projects Funding Areas of strategic Focus 2014
Enterprise Ireland offers equity investment to HPSU clients, on a co-funded basis to support the implementation of company business plans.
Any Enterprise Ireland investment needs to be matched by at least a similar amount of investment by the promoters and/or other investors.
Enterprise Ireland can help companies by providing information on the main sources of private investment.
Provide entrepreneurs with comprehensive information to understand the business development process including the key success factors and potential pitfalls as well as an outline of financial supports available from Enterprise Ireland and Local Enterprise Office. 2011: 264
â 2. 0m approved Programme/Fund and Objective Number of Projects Funding Areas of strategic Focus 2014-2016 Community Enterprise Centres:
however a key approach being introduced is to build on the existence of the centres by ensuring protocols are in place at local level with LEOS to ensure they are integrated fully into the enterprise development plans for each county.
The cost to the exchequer under the SVC schemes was â 12m Enterprise Ireland is working to close funds
The cost to the exchequer under the SVC schemes was â 15m*Enterprise Ireland makes commitments to VC funds under the Seed
Local Enterprise Offices Entrepreneurship Supports LOCAL ENTERPRISE OFFICES ENTREPRENEURSHIP SUPPORTS CEB total 2013 LEO total 2014 (target) Employment Jobs Created 1
â 2. 0m approved Programme/Fund and Objective Number of Projects Funding Areas of strategic Focus 2014-2016 Community Enterprise Centres:
however a key approach being introduced is to build on the existence of the centres by ensuring protocols are in place at local level with LEOS to ensure they are integrated fully into the enterprise development plans for each county.
The cost to the exchequer under the SVC schemes was â 12m Enterprise Ireland is working to close funds
n/a n/a Student Enterprise Schools participating (number) 780 593 Applicants/Participants (number) 29 359 23,359 National Enterprise Awards Number of Clients participating 47 (incomplete information) 94 (incomplete information) LOCAL ENTERPRISE OFFICES ENTREPRENEURSHIP SUPPORTS CEB total
2013 LEO total 2014 (target) Mentors Start-up Mentors assigned (number 1, 464 1, 318 Business Development mentors assigned (number) 759 1,
Department of Jobs, Enterprise and Innovation DSP Department of Social Protection DTTAS Department of Transport
Tourism and Sport EGFSN Expert Group on Future Skills Needs EI Enterprise Ireland EIB European Investment Bank EIF European Investment Fund EIIS
Local Community Development Committee LCDP Local Community Development Programme LECP Local Economic and Community Plan LEOS Local Enterprise Offices MFI Microfinance
SFI Science Foundation Ireland SME Small and Medium Enterprise STEM Science, Technology, Engineering, Mathematics SYOB Start Your Own Business à nag Ã
daras na Gaeltachta Department of Jobs, Enterprise, and Innovation 23 Kildare St. Dublin 2 Tel:+
+353 1 6312121 www. enterprise. gov. ie www. djei. ie N A t IO N A l P O L IC Y S TA
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