innovation, intra/entrepreneurship, internationalisation and the creative industries. Flanders DC focuses on entrepreneurs, teachers, students, policy-makers and the general public.
December 2007, published in Dutch ï Entrepreneurship and globalization, Italo Colantone and Leo Sleuwaegen, December 2007 published in English ï HR Tools als stimulans voor
Just as in the case of QOD, Dirk Vens, CEO of Curana, was a highly sought-after speaker for seminars and conferences to address design, entrepreneurship,
We did not examine the entrepreneurship literature to analyze open innovation in SMES. Clearly, potential exists to connect the two literature streams to strengthen the analysis further.
entrepreneurship, and strategy is urgent to understand the richness of these open innovation cases. The three disciplines have been developing largely independently.
and wealth creation but also in fostering the entrepreneurship, competition and innovation that leads to sustainable growth and development.
Strengthening the Startup Community Report of the Entrepreneurship Forum January 2014 Entrepreneurship in Ireland-1-Foreword Executive Summary 1. Introduction 2. Innovative †Can-Do†Culture
2. 1. Promote entrepreneurship as an Irish cultural value 2. 2. Education system 2. 3. Encouragement of under-represented groups 3. Mentorship
7. 1. Clear up government structure for helping business 7. 2. Monitoring progress of entrepreneurship policy 7. 3. Information signposting 7. 4. Taxation/Social welfare 8
and how the Government and other elements of the entrepreneurship ecosystem are already doing everything right.
Entrepreneurship is about creating meaningful businesses out of the raw materials of people, ideas and customers.
Therefore the entrepreneurship policy of our country must be viewed with the sense of urgency that our economic survival and our way of life demand.
There are powerful disincentives to those taking on the risk of entrepreneurship and many of these are matched not with corresponding gains.
Sean O†Sullivan Chair of the Entrepreneurship Forum-5-Introduction The Entrepreneurship Forum was established by the Minister for Jobs,
Enterprise and Innovation on policy in the area of entrepreneurship and to draft appropriate policy conclusions and recommendations
The purpose of the Forum's Report is to support the Government's development of a National Entrepreneurship Policy Statement.
The Forum identified 6 distinct goals of a successful entrepreneurship policy:  1. Strengthen the startup community in Ireland 2. Increase the pipeline of entrepreneurs 3. Energise job creation 4. Continue growth of the indigenous export sector 5. Capitalise on Ireland†s
the Entrepreneurship Forum paints the picture of what a strong startup community in Ireland can look like
•First, entrepreneurship in Ireland starts with a culture of engaged citizenship. Engaged citizens are giving of their time
To achieve the Entrepreneurship Policy goals the Forum identified the main pillars of an effective startup ecosystem as:
then Ireland must encourage entrepreneurship as a norm rather than an exception. This potential career path must be inspired from a person†s early years within the education system. •Develop a National Educational Strategy for Entrepreneurship at all levels of the education system. •LEOS
in conjunction with Microfinance Ireland, should pilot a new programme for young people who set up their own business.
Pillar 6, Public Policy An important challenge for Ireland is the coordination and integration of different government policies affecting entrepreneurship.
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,
and growing a business. •An Entrepreneurship Policy Unit should be tasked with coordinating government startup policy in Ireland.
A strong and welcome focus has been placed on entrepreneurship policy in 2013. However, the Forum wishes to see this action as the beginning of a permanent and ongoing commitment to entrepreneurship, rather than a onetime prioritisation.
We present the ideas in this document as a starting point for further work and hope that it will lead to enhanced economic activity,
and learn about high impact ways that you can help the startup community by visiting bit. ly/Irelandstartups. recommendations recommendations recommendations recommendations-9-Introduction The Entrepreneurship Forum was established by the Minister for Jobs,
Enterprise and Innovation on policy in the area of entrepreneurship and to draft appropriate policy conclusions and recommendations
The purpose of the Forum's Report is to support the Government's development of a National Entrepreneurship Policy Statement.
As part of the focus on entrepreneurship, the Government also held a public consultation in May 2013 inviting interested parties to submit written views
and suggestions to support the development of a National Entrepreneurship Policy Statement, which will be published at the end of 2013.
entrepreneurship is not something the Government can lead. As much as we would love to think that we can appoint farsighted advisors
and their myriad of new products and services. 1. 1 Importance of Entrepreneurship Recent research underpins the need for Irish policymakers to encourage entrepreneurship.
Entrepreneurship is a fundamental driving force in any economy, but in light of the scale of the unemployment challenge that Ireland is currently facing,
Too few people in Ireland are motivated by entrepreneurship to view it as a personal career option.
if Ireland is to encourage optimal levels of entrepreneurship in the future. To achieve this ambition, entrepreneurship policy must be given a strong and visible focus and must form an integral part of the general Government programme.
Our proposals are offered in the spirit of building a strong, independent indigenous enterprise sector in Ireland.
-10-1 Kauffman Foundation Research Series (July 2013) †Firm Formation and Economic Growthâ€. 2 The 2012 Global Entrepreneurship Monitor Report shows that the rate
of early stage entrepreneurship in Ireland is compared 6. 1 to the OECD average at 8. 2%.The rate of early stage entrepreneurs in the US (12.8%)is over twice that of Ireland
entrepreneurship is not something the Government can lead 1. Introduction 1. 2 Forum Principles and General Approach The Entrepreneurship Forum was established to support the Government to meet the Taoiseach†s goal that, by 2016,
Ireland will be the best small country in the world for doing business. Towards this ambition, the Forum identified 6 distinct goals of a successful entrepreneurship policy:
1. Strengthen the startup community in Ireland 2. Increase the pipeline of entrepreneurs 3. Energise job creation 4. Continue growth of the indigenous export sector 5. Capitalise on Ireland†s strengths
What new or alternative strategies can Ireland adopt to support entrepreneurship performance and improve this ecosystem?
To achieve the Entrepreneurship Policy goals the Forum identified the main pillars of an effective startup ecosystem.
no matter how well-intentioned entrepreneurship in playing a greater role in Ireland's recovery. While each of these pillars is independently valuable,
and reliably than any other means. 1. 3 What is Entrepreneurship? Is entrepreneurship self employment? No, that†s not it.
The self-employed typically sell their labour to perform a set of tasks, and if they don†t please the customer,
but entrepreneurship is more than an individual selling his time or expertise. Entrepreneurs attempt to develop new enterprises:
Not only is entrepreneurship the major innovation and change agent for society, it is also the number one producer of jobs in all leading developed economies in the world.
It is the intention of the Forum that future entrepreneurship activities will grow one hundred thousand jobs in Ireland in the near future,
The Forum acknowledges that the central challenge of entrepreneurship is individual leadership. We can only be successful as a collection of private individuals working on behalf of themselves
On this we can build a fair and just society for all of our citizens. 1. 5 Next Steps Responsibility for drafting the Entrepreneurship Policy Statement now passes to the Department of Jobs,
A strong and welcome focus has been placed on entrepreneurship policy in 2013. The Forum wishes to see this action as the beginning of a permanent and ongoing commitment to entrepreneurship, rather than a onetime prioritisation.
We present the ideas in this document as a starting point for further work, and hope that it will lead to enhanced economic activity, increased numbers of startups and increased engagement by all groups in the entrepreneurial arena.
Many people in Ireland see America as a country where entrepreneurship is celebrated and ask â€oewhy can†t we have a similar culture in this country as our cousins across the pond?
The Forum†s concept of an innovative †can-do†culture requires ambitious, high-performance, high-growth entrepreneurship
Innovative entrepreneurship stems from the belief that it is not sufficient for companies to be entrepreneurial
cultural values, education system reform and encouragement of under-represented groups as potential entrepreneurs. 2. 1 Promote Entrepreneurship as an Irish Cultural Value It has been suggested that Ireland has a tradition of herding our children into †overpaid
If true, this may explain why Ireland currently has one of the lowest rates of entrepreneurship in the EU. On the other hand,
one of the highest rates in the EU and similar to the highly entrepreneurial United states where 77%of people hold entrepreneurs in high regard. 3 A strong support culture for entrepreneurship is identified as one where:
Eurobarometer Survey on Entrepreneurship. 2. Innovative †Can-Do†Culture â€oeindividual commitment to a group effort:
If Ireland is going to †up its game†in entrepreneurship, then this ecosystem needs to be far more robust and active.
and celebrate entrepreneurship and commend entrepreneurs who have achieved success, particularly those to whom people can relate
If we want to increase the pipeline of people choosing an entrepreneurial career then Ireland must encourage entrepreneurship as a norm rather than an exception.
The Forum recognises that there are many initiatives currently being undertaken to enhance entrepreneurship education and skills development in Ireland
This demonstrates a need for an articulated entrepreneurship education policy/strategy that covers all levels of the education system.
Additionally, the lack of specific entrepreneurship education modules in teacher education programmes creates challenges because most teachers lack the experience to deliver these specialised programmes.
as well as students, should receive some entrepreneurship education. Research from the EU and other European countries has shown that participation in entrepreneurship programmes
and activities have a positive impact on young peoples†connectedness at school, as well as their success in the job market, their tendencies to innovate
Such a programme is worth expanding across the nation. •Network for Teaching Entrepreneurship (NFTE), a worldwide youth entrepreneurship education and development programme,
When looking at the businesses that sell-15-4 European commission (2012)- Â Entrepreneurship Education at School in Europeâ-European commission
Brussels Danish Foundation for Entrepreneurship: 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,
400 students complete a course in entrepreneurship since 2007. www. youngentrepreneur. ie 7 A hackathon is an event at
Mentorship and Peer Learning. 1. Develop a National Educational Strategy for Entrepreneurship covering all levels of the education system.
Establish an Entrepreneurship Education group to draft an Entrepreneurship Education Strategy that embeds teaching of entrepreneurship into primary, secondary and third-level schools and colleges,
There are a number of sectors of our society that are represented under in entrepreneurship compared to some of the most entrepreneurial societies in the world.
and seniors. 4. As part of an entrepreneurship cultural awareness campaign, create †entrepreneur heroes†which highlight and celebrate role models inclusive of the under-represented profiles (female/youth/immigrants etc.)
If we are to prioritise entrepreneurship, then we must fast track those people trying to take up self employment from the live register.
Many Government-led women entrepreneurs†networks exist around the country where women can share ideas for professional growth and innovative entrepreneurship.
and inspire female entrepreneurship. The European Network of Mentors for Women Entrepreneurs is also an excellent initiative,
The Forum believes that changes to these current Government approaches would enhance a supportive culture for female entrepreneurship. 9. Continue the programme of targeted and tailored supports for female entrepreneurs. 10.
Any new apprenticeship system adopted in Ireland should recognise and foster entrepreneurship as a valid career option.
an entrepreneurship internship programme could be established whereby a young person can spend time shadowing an entrepreneur
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.
and more established startup and growth companies to offer internship opportunities to †youth unemployed†persons who are interested in entrepreneurship/startups as a career path.
and enhance the role and perception of entrepreneurship among youth. We provide further recommendations regarding youth in the Access to Talent chapter. 12.
Entrepreneurship should be recognised as a career option within any newly designed apprenticeship system. 13. An entrepreneurship internship programme should be established based on the EU funded Erasmus for Young Entrepreneurs programme.
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.
and supports available to any person wishing to-18-9 CSO (2012) Migration and Diversity. 10 GEM (2012) Entrepreneurship in Ireland recommendations recommendations recommendations establish a business
and process for †Office Hours to facilitate Entrepreneurship mentoring. Perhaps have this registry be compatible with other volunteer activity requests,
or paid via a relatively small level (1%)of stock options. 13 The Entrepreneurship Forum in conjuction with Ernst & young surveyed some of the country†s most successful entrepreneurs (winners and finalists of the EY â€oeentrepreneur
Members of the Entrepreneurship Forum have grown all personally and experienced their businesses grow as a result of participation of mentors.
and peer to peer learning recommendations-26--27-Vibrant Hotspots of Activity-28-Tech Entrepreneurship in 1980s and 1990s Ireland The 80s and 90s were an exciting time in Ireland for entrepreneurship
**http://www. oecd. org/science/inno/2754426. pdf A key question frequently asked about entrepreneurship is †why are some locations highly entrepreneurial and others poor in terms of startup activity?
Despite entrepreneurship being perceived as a high-profit bloodsport entrepreneurial community services are given almost always without charge
if there is to be an increase in entrepreneurship within Irish communities. Everyone can be a part of,
and minds to viewing entrepreneurship as a viable career choice and to help create favourable conditions for the creation of internationally successful Irish startups.
role models and visual hotspots of activity are important to accelerating the takeup of entrepreneurship by a greater portion of the population.
The Forum suggests that there is no better venue for early stage entrepreneurship than co-working spaces.
and NAMA buildings by introducing a co-working space initiative thereby making use of wasted resources and supporting entrepreneurship.
•Event spaces facilitate entrepreneurship education. •Networking opportunities increase commercialisation. •Open spaces mix early-stage entrepreneurs with accomplished serial entrepreneurs. •Formal and informal mentoring
and we urge the relevant bodies to strengthen the focus of these Centres around innovative entrepreneurship.
While universities†primary focus and strength in supporting entrepreneurship is to provide/develop graduates they also have a strong role to play in leveraging their research developments to create new startups.
These students should have exposure to entrepreneurship or commercialisation before they graduate. 37. Formal recognition should be given to researcher time spent on collaboration with industry in the academic promotion criteria of their institution. 38.
Training on commercialisation or entrepreneurship should be provided to every Phd student and Post Doc via mandatory programmes held every semester by the universities. 40.
Every STEM student (undergraduate and postgraduate) should receive a course on entrepreneurship or product commercialisation as part of their degree.
support lending and ease cashflow strain on the startup community. 6. 1 Encouraging investment in startups A survey by the Entrepreneurship Forum with the help of Ernst
However, a key area of concern for the Entrepreneurship Forum that has received little attention is the actual terms
policies affecting entrepreneurship. The wide range of programmes impacting entrepreneurship in Ireland illustrates shared responsibilities of various departments and agencies.
For example: •There are approximately 3, 000 staff currently employed in agencies related to enterprise supports. •There are 5 agencies under the Department of Jobs,
However, the State itself, in terms of the delivery of the national entrepreneurship policy, should adopt a more strategic use of networking to ensure coherence,
Unless a new National Entrepreneurship Policy is prioritised and someone is made accountable for its overall day-to-day management
there has been designated no †entrepreneurship policy unit†within the Government system that seeks to coordinate response and programmes across government for startups.
and coordinator roles for entrepreneurship policy.  •Policy driver †builds interest and commitment among the various elements of the entrepreneurship development system, •Convener †provides a resource network for building the relationships among the key service providers,
and for creating and agreeing upon work plans and outcomes, •Connector †ensures that departments
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.
It is also crucial that Government funded projects to support entrepreneurship should have included metrics from the start
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.
Ireland†s egovernment initiative could engage with the newly recommended Entrepreneurship Policy Unit to examine options for improving the workflow efficiencies of a startup
A National Entrepreneurship Website for startups should be established which contains relevant up-to-date information on services available
Within the submission, the Forum emphasised the need for new and renewed measures to allow entrepreneurship to continue to contribute significantly to jobs, competitiveness, innovation, productivity increases, wealth creation and growth in communities across the country.
Improving social insurance supports for the self-employed is an important way for Government to demonstrate that entrepreneurship is a priority.
A progressive policy with respect to entrepreneurship sets tax rates on invested capital at a more favorable rate (Capital gains tax) than income from PAYE employment, interest, dividends and other sources.
visit bit. ly/Irelandstartups. 2. Innovative Can-do Culture 2. 2 Education system 1. Develop a National Educational Strategy for Entrepreneurship covering all levels of the education system.
Establish an Entrepreneurship Education group to draft an Entrepreneurship Education Strategy that embeds teaching of entrepreneurship into primary
and computer programming. 3. Introduce a National Register for volunteer entrepreneurs who would be willing to visit schools to engage with students at local level. 2. 3 Encouragement for Under-Represented Groups 4. As part of an entrepreneurship cultural awareness campaign,
Entrepreneurship should be recognised as a career option within any newly designed apprenticeship system. 13. An entrepreneurship internship programme should be established based on the EU funded Erasmus for Young Entrepreneurs programme.
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.
and process for †Office Hours to facilitate Entrepreneurship mentoring. Perhaps have this registry be compatible with other volunteer activity requests,
Training on commercialisation or entrepreneurship should be provided to every Phd student and Post Doc via mandatory programmes held every semester by the universities. 40.
Every STEM student (undergraduate and postgraduate) should receive a course on entrepreneurship or product commercialisation as part of their degree. 5. Access to Talent 5. 1 Share based remuneration to employees 41.
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.
A National Entrepreneurship Website for startups should be established which contains relevant up-to-date information on services available
, 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:
A mapping of ethnic entrepreneurship in Ireland. Reports, 1. Cooney, T.,Manning, J.,Arisha, A,
Muslim Entrepreneurship in Ireland. Central Statistics Office: Migration and Diversity (2012) Live Register (2013) Danish Government Reports Denmark in the Global economy, Competitiveness Report (2010) Strategy for Denmark in the Global economy, Progress Innovation & Cohesion
Inclusive Entrepreneurship in Ireland. Ernst and young (2013. Survey of Entrepreneur of the Year Award Winners. Dublin, Ireland.
European commission Reports Entrepreneurship in Higher education, especially within non Business studies (2008) Eurobarometer Survey on Entrepreneurship (2012) Entrepreneurship Action Plan (2012) Entrepreneurship Determinants:
s Reports (2007) Towards Developing an Entrepreneurship Policy for Ireland (2007) Mapping of Initiatives to Support Entrepreneurship in Ireland (2009) The role of Phds in the Smart Economy (2012) Evaluation
Our Cities, Drivers of National Competitiveness Global Entrepreneurship Monitor. Reports GEM Ireland National Report,(2012) GEM USA National Report (2012) Gibb, A.,Haskins, G,
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.
Lundstrom, A. 2011) Entrepreneurship and SME Policies across Europe Organisation for Economic Co-Operation and Development Reports Entrepreneurship at a Glance (2013) Education at a Glance (2011) Entrepreneurship Review
of Denmark (2008) Measuring Entrepreneurship Indicators (2008) Stam, E.,Bosma, N.,van Witteloostuijn, A.,de Jong, J.,Bogaert, S.,Edwards, N,
Ambitious entrepreneurship: a review of the state of the art. Technical Notes#1 october 2012, Co-Working, Collaborative Working Spaces for Micropreneurs.
White, M. 2012) Promoting Women in Entrepreneurship in Ireland. World Economic Forum (2013) Entrepreneurial Ecosystems Around the Globe and Company Growth Dynamics.
References continued-61-Published by the Entrepreneurship Forum c/o Department of Jobs, Enterprise and Innovation Kildare St. Dublin 2 Tel:
E L a N d 2 0 14 National Policy Statement on Entrepreneurship in Ireland 1 Entrepreneurship in Ireland National Policy Statement on 2014 National Policy
Statement on Entrepreneurship in Ireland2 Foreword by An Taoiseach, Enda Kenny TD 4 Foreword by the Minister for Jobs, Enterprise and Innovation
Richard Bruton TD 5 Introduction †Vision for Ireland 6 Entrepreneurship Environment †Key Elements 8 Strategic Objectives 12 Entrepreneurship in Ireland
14 Measuring Irish Entrepreneurship †International Benchmarks 15 Entrepreneurship Index 16 GEDI †2014 16 Basic characteristics †Ireland 17
National System of Entrepreneurship 18 Key Actions: Benchmarking/Measuring Entrepreneurship in Ireland 19 1. Culture, Human Capital & Education 20 1. 1 Culture 20 1. 2 Human Capital 20 1
. 3 Education 22 Key Actions: Culture, Human Capital & Education 23 2. Business Environment & Supports 24 2. 1 Taxation 26 2. 1. 1 Startup Company Relief
†Contractual Issues 36 3. 7 Increasing Inward Entrepreneurship 37 Key Actions: Innovation 38 Contents National Policy Statement on Entrepreneurship in Ireland 3 4. Access to Finance 40 4. 1 Access to bank lending 40 4. 2
Alternative and innovative sources of financing 41 4. 3 Microfinance Ireland & Credit Guarantee Scheme 41 4. 4 Venture capital 41 4. 5 Access
Access to Markets 54 Implementation & Monitoring Progress 55 Tracking Action Delivery 55 Benchmarking/Measuring Entrepreneurship 55 Culture,
APPENDICES 61 Appendix 1-Enterprise Ireland Entrepreneurship Supports 62 Appendix 2-Local Enterprise Offices Entrepreneurship Supports 65 Appendix 3-Global
Entrepreneurship Development Index Structure 67 National Policy Statement on Entrepreneurship in Ireland4 As we move into a period of economic growth following one of the darkest periods in the history of the State,
entrepreneurship has never been more important to the country, its people and its future. Homegrown business ideas that display innovation and creativity will enable us to grow jobs,
Enda Kenny TD Taoiseach September 2014 Foreword by An Taoiseach, Enda Kenny TD National Policy Statement on Entrepreneurship in Ireland 5 To build on the recovery we have started to see recently
In the Action Plan for Jobs 2014, we placed a strong emphasis on entrepreneurship. We set out our ambition for Ireland to be among the most entrepreneurial nations in the world
Building on the work done by Sean O†Sullivan and the Entrepreneurship Forum this Policy Statement presents the six overarching elements
There has been wide stakeholder engagement over the last two years to support the development of this Policy Statement through public consultation, the work of the Entrepreneurship Forum and direct contact with academics and entrepreneurs.
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
and to make recommendations to support entrepreneurship, has described what a strong startup community in Ireland could look like.
The Entrepreneurship Forum has highlighted some excellent examples of this. Activate Dublin, Startup Ireland Startupweekend, Bizworld, Startups. ie, IT@Cork
Introduction-Vision for Ireland National Policy Statement on Entrepreneurship in Ireland 7 The Entrepreneurship Forum has urged also that existing entrepreneurs
and industry leaders should help drive the entrepreneurship agenda through mentoring, networking, electronic interaction and dissemination of information.
and stimulate a strong culture of high quality entrepreneurship. Private sector engagement must be the driver and catalyst for entrepreneurial excellence, building on existing frameworks and initiatives.
however, the Entrepreneurship Forum is emphatic that the Government†s role in this should be one of facilitation, not leadership.
The Entrepreneurship Forum has noted that the Government has a key role to play in facilitating a supportive policy framework conducive to entrepreneurial success. A wide range of public support programmes are already available to entrepreneurs and startups
What is needed now, the Entrepreneurship Forum has suggested, is an overall vision of how the State can best support the startup community.
This Policy statement sets out the Government†s strategic objectives in its role as a facilitator within The irish entrepreneurship ecosystem, covering all the key areas that affect entrepreneurs and startups.
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
To achieve the ambition set out in this Entrepreneurship Policy Statement, we must benchmark ourselves against the best in each area and promote improvement across the system.
This Entrepreneurship Statement sets out how this can be done. It will require working across Government departments.
As the Entrepreneurship Forum highlighted, Government alone cannot develop the many varied intertwining elements that are necessary for success. Many different parts of our society will have a role to play in this initiative.
The key elements that make up an ecosystem for entrepreneurship in Ireland are4: 1. Culture, human capital and education 2. Business environment and supports 3. Innovation 4. Access to finance 5. Entrepreneurial networks and mentoring 6. Access to markets
4 Following consideration of the various models from the OECD, World Economic Forum, Babson College, Massachusetts and the Report of the Entrepreneurship Forum.
National Policy Statement on Entrepreneurship in Ireland 9 Ecosystem for Entrepreneurship 6 Access to markets 2 3 4 5 Business environment and supports Innovation Access
to finance Entrepreneurial networks and mentoring 1 Culture, human capital and education National Policy Statement on Entrepreneurship in Ireland10 For the entrepreneurship environment to be truly effective
forming a coherent whole and supporting entrepreneurs throughout the entrepreneurship lifecycle. 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.
Society†s culture and attitude directly influences the individual†s capacity for creative thinking and attitude to risk.
Business networks, angels, mentors, entrepreneurship hubs and hotspots all provide sources of practical experience and advice,
National Policy Statement on Entrepreneurship in Ireland 11 Key performance indicators and actions have been identified for each of the strategic objectives
Crucially, this Entrepreneurship Policy Statement is designed to translate our ambition in the area of entrepreneurship into a clear direction for policy in future years.
Ecosystem for Entrepreneurship 6 Access to markets 2 3 4 5 Business environment and supports Innovation Access to finance Entrepreneurial networks and mentoring 1 Culture
, human capital and education Strategic Objectives This Entrepreneurship Policy Statement sets out a number of strategic objectives that are based on a careful evaluation of Ireland†s existing position and an assessment
National Policy Statement on Entrepreneurship in Ireland12 1 Culture, Human Capital and Education Make entrepreneurship an integral part of our ambition as a nation.
Strategic Objectives National Policy Statement on Entrepreneurship in Ireland 13 4 Access to Finance Expand the range of access to finance instruments to match our ambition as a startup hub
and early stage entrepreneurs. 5 Entrepreneurial Networks and Mentoring Improve the impact of mentoring as a tool to support entrepreneurship.
angel finance and problem solving that sustain entrepreneurship. Build world class entrepreneurial hubs and achieve greater regional spread of such hubs,
National Policy Statement on Entrepreneurship in Ireland14 CSO data indicates that in 2011 there were almost 190
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.
The GEM measure of total early-stage entrepreneurial activity6 (TEA) peaked at 9. 8%in 2005
but had fallen back to 6. 1%by 2012. Over this period Ireland fell from midway in the European TEA League table to close to bottom.
The 2013 GEM report also revealed a significant improvement in attitudes towards entrepreneurship. It showed that 50%of Irish adults considered entrepreneurship to be a good career choice
compared to 45%in 2012.5 CSO, Business Demography 2012,18 June 2014.6 Total early stage entrepreneurial activity refers to the total rate of early stage entrepreneurial activity among the adult population aged 18-64 years inclusive.
Entrepreneurship in Ireland National Policy Statement on Entrepreneurship in Ireland 15 As might have been expected, diminishing perceptions of opportunity, increasing fear of failure and the dwindling number of successful role models
combining to undermine entrepreneurship activity. Early indications of recovery are characterised by very high â€oenecessity driven†entrepreneurship †people seek to start a business
because they have reduced employment options. However, there is also a very encouraging upturn in the number of people indicating they want to start a business within the next three years (up over 80%.
Measuring Irish Entrepreneurship †International Benchmarks Measuring a country†s entrepreneurial profile is not a straightforward exercise.
whether the definition of entrepreneurship should include self employment and intrapreneurship (the creation of new corporate subsidiaries).
Despite these difficulties, it is only by measuring entrepreneurship activity, no matter how imperfectly, that we can begin to see where entrepreneurship is working
and where it is not, and begin to understand the reasons for these differences. That understanding can then be applied to reducing the cultural,
Benchmarks are required to measure the impact of entrepreneurship and compare performance across a number of variables and between comparator countries.
or index to measure entrepreneurship internationally. However Ireland is performing well against a number of international benchmarks on various business environment indicators.
Ireland ranked 19th overall and 13th in the regional ranking in the 2014 Global Entrepreneurship Development Index (GEDI
Rank in Global Competitiveness Index 2014 28 Rank in Economic Freedom Index 2014 9 GEDI 2014 19 National Policy Statement on Entrepreneurship in Ireland16 However,
and weaknesses of the national entrepreneurship ecosystem and a better understanding of how it is performing relative to its most direct competitor countries in Europe and North america,
Entrepreneurship Index Existing entrepreneurship indices are limited in their value because they either focus primarily on quantity or on quality.
In the development of this Entrepreneurship Policy Statement considerable attention has been given to investigating the contextual nature of entrepreneurship
The Global Entrepreneurship & Development Index (GEDI) is useful because it was created to provide a more complete understanding of economic development by capturing the contextual nature of business formation, expansion, and growth.
The index is sufficiently complex to capture the multidimensional nature of entrepreneurship and distinguishes between the qualitative and quantitative aspects of entrepreneurial activity by incorporating both individual-level and institutional variables.
The Global Entrepreneurship Development Index, is the average of the three sub-indexes. The 31 variables are listed in Appendix 3 of this Statement.
entrepreneurship is inhibited. The Index uses a Penalty for Bottleneck (PFB) methodology, thus improving the score of the weakest indicator will have a greater effect on the index than improving the score of stronger indicators.
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
Ireland 19 61.8 Brazil 81 30.4 Puerto rico 20 61.7 Bangladesh 121 13.8 Using this entrepreneurship-related data to compare countries,
the index provides a global picture of the entrepreneurship ecosystem. The index is particularly valuable in identifying local bottlenecks.
Latin America†s high scores on attitudes towards entrepreneurship are undermined by its poor scores on the ability to capitalise on those attitudes.
National Policy Statement on Entrepreneurship in Ireland18 This analysis shows Ireland is performing relatively well in overall terms, with particular strength in such areas as human capital, internationalisation and encouraging high growth firms.
Make entrepreneurship an integral part of our ambition as a nation. Support its development in our education system, in our communities and in corporate behaviours.
making it one of the most attractive environments for entrepreneurship in Europe. Further in depth analysis will be undertaken to identify precisely what factors are influencing both high and low performances in the GEDI pillars.
Using this data we will create an accurate picture of the entrepreneurship ecosystem in Ireland.
and the bottlenecks where intervention would improve the entrepreneurship ecosystem the most. National System of Entrepreneurship A National System of Entrepreneurship is:
â€oethe dynamic, institutionally embedded interaction between entrepreneurial attitudes, activities, and aspirations, by individuals, which drives the allocation of resources through the creation
or promote entrepreneurship and innovation are the basis of the national system for entrepreneurship in Ireland.
The national system or framework consists of a number of sub-systems and components that interact to produce system performance.
and policies it adopts in respect of entrepreneurship. Factor-driven economies need to focus on entrepreneurial attitudes,
However, here too, it is important to continue efforts to improve attitudes towards entrepreneurship and to develop entrepreneurial aspirations.
Given that Ireland is performing strongly across international entrepreneurship benchmarks, as measured by GEDI, Ireland†s entrepreneurial profile is that of an innovation-driven economy.
Autio & Szerb 2012 National Policy Statement on Entrepreneurship in Ireland 19 GEDI Level of Development Attitudes Activity Aspirations Factor Driven Economy Key Focus
For Ireland†s national system for entrepreneurship to function effectively it will be essential to measure
Benchmarking/Measuring Entrepreneurship in Ireland Conduct a comprehensive profile analysis of the national entrepreneurship ecosystem in Ireland to assess current national performance against international comparators.
or low scores across the internationally recognised indicators for entrepreneurship and identify areas in which policy improvements would improve the entrepreneurship ecosystem the most.
DJEI) Develop a consistent benchmark index for Ireland that will measure and track trends across the national entrepreneurship system.
This comprehensive analysis should assist in identifying strengths, weaknesses and opportunities across the ecosystem and will form the basis of an annual report to the Minister for Jobs Enterprise & Innovation.
DJEI) The National Competitiveness Council will support the DJEI in examining entrepreneurship indicators as a measure of competitiveness.
NCC, DJEI) National Policy Statement on Entrepreneurship in Ireland20 Promoting a national spirit and culture of entrepreneurship is essential
if we are to facilitate a strong pipeline of future business startups. Education plays an essential role in shaping attitudes and culture †from the primary school level up.
The earlier and more widespread the exposure to entrepreneurship and innovation, the more likely it is that students will consider becoming entrepreneurs in the future.
the US and UK. 1. 1 Culture Entrepreneurship is a powerful driver of economic growth and job creation.
The role of the education system in reenforcing positive perceptions of entrepreneurship is essential to bring about cultural change.
Increasing entrepreneurship levels amongst underrepresented groups will require policy interventions that are transparent and inclusive and tailored to meet their needs.
Analysis undertaken in 2012 of the previous 10 years of HSPU companies in Enterprise Ireland†s 8 Global Entrepreneurship Monitor 2013 Culture,
and culture of entrepreneurship is essential if we are to facilitate a strong pipeline of future business startups National Policy Statement on Entrepreneurship in Ireland 21 client base indicates an average of only 5%of HSPU startups were led by female entrepreneurs.
In 2012 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;
The Entrepreneurship Forum noted the need to address the entrepreneurial needs of the significant number of unemployed people in Ireland,
Graduate entrepreneurship is also important. A new targeted programme to encourage entrepreneurship among graduates was launched by Enterprise Ireland in May 2014.
The main purpose of the Graduate Competitive Start Fund is to provide up to 15 graduates with the critical early stage funding to enable them to reach key commercial and technical objectives that will in turn ensure delivery of their product
Early-stage entrepreneurship is higher among immigrants (11%)than among the non-immigrant population (8. 8%).It is important that policies to encourage entrepreneurship in Ireland take full account of the entrepreneurship potential of immigrants.
older people are a potentially valuable resource for entrepreneurship. This cohort has experience and knowledge and it is essential that support programmes harness this resource.
The national system of entrepreneurship must engage seniors in both business creation and in supporting new and existing entrepreneurs.
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.
Skills underpinning entrepreneurship are also central to the new Framework for Junior Cycle and there are many examples of good work being undertaken in many schools at transition year in mini-company formation
and other projects designed to foster entrepreneurship. The education and training system will continue to play a critical role in developing Ireland†s enterprise and innovation infrastructure.
Audits and peer reviews can help embed stronger support for entrepreneurship. In a number of European countries (eg.
Estonia, Lithuania, The netherlands, Sweden, Norway, Wales and the Flemish part of Belgium) specific strategies have been introduced to promote entrepreneurship education.
The EU Commissions Entrepreneurship Education at School in Europe report in 2012 noted that there is no specific national strategy for Ireland in entrepreneurship education in general education,
and includes education for entrepreneurship skills. The Higher education Authority (HEA) is developing an enterprise engagement strategy, within
innovation and entrepreneurship embedded into programme provision. Enterprise needs to play a more central role in education to help HEIS provide an environment supportive of entrepreneurship.
Some models currently in use can be developed further. For example, Accelerated Campus Entrepreneurship (ACE) has supported eight HEIS embed entrepreneurship within their curriculums,
and develop an extensive range of programmes to promote entrepreneurship education. 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.
The Department of Education and Skills is currently considering how best to promote entrepreneurship in schools.
As an initial initiative, the Department hosted a conference in September 2014.9 http://www. ceen. ie National Policy Statement on Entrepreneurship in Ireland 23 Key Actions:
Culture, Human Capital & Education Make entrepreneurship an integral part of our ambition as a nation Develop guidance for schools to enhance enterprise in education.
DES) Work with education stakeholders across the education system to identify best practice and to mainstream successful programmes wherever feasible.
DES) Examine the Entrepreneurship in the Schools activity in each LEO area and develop strategies to increase participation and impact.
LEOS, DJEI) Develop a programme engaging entrepreneurs in exposing students to the excitement and opportunity of entrepreneurship, starting with a pilot across LEOS.
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 reward successful entrepreneurs Develop existing entrepreneurship award schemes to ensure specific categories of untapped potential are promoted
and to promote emerging entrepreneurship networks, clusters and accelerators. EI, LEOS) Work with other award giving initiatives to increase public awareness of entrepreneurship successes. DJEI, EI) Develop new measures within the Gaeltacht to recognise local entrepreneurs, building
on Gradam Gnã na Gaeltachta (Gaeltacht Business Award. Ã nag) Ensure that more people have an equal opportunity to start
LEOS, EI, Ã nag) Ensure that entrepreneurship is recognised as a career option in the roll out of the new apprenticeships system.
DES) Promote female entrepreneurship through identification and promotion of female role models, targeted events and awards, support for female entrepreneur networks and promotion of a dedicated area on corporate websites.
DJEI) National Policy Statement on Entrepreneurship in Ireland24 Well-functioning, appropriate and stable framework conditions, incentives and supports form the basis of a good entrepreneurship ecosystem.
Well-functioning, appropriate and stable framework conditions, incentives and supports form the basis of a good entrepreneurship ecosystem.
An increase in entrepreneurship in rural areas is essential to rural economic development and wellbeing. The development of Local Enterprise Development Plans will identify new initiatives
Agri-food entrepreneurship can also be built on a strong commitment to sustainability and protection of natural assets.
National Policy Statement on Entrepreneurship in Ireland 25 Food tourism is developing fresh dimensions as a new generation of craft brewing
Entrepreneurship within this sector has significant potential to play a further role in Ireland†s economic renewal.
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.
regulatory standards However, in the 2013 public consultation on entrepreneurship, various stakeholders highlighted areas for improvement,
and licensing are sometimes not as responsive as those of our competitors Some elements of the tax code create unintended consequences for entrepreneurship in areas such as Capital gains tax
National Policy Statement on Entrepreneurship in Ireland26 The Social Inclusion and Community Activation Programme (SICAP) will seek to further address poverty and social exclusion through front-line interventions and the provision of self employment
the right conditions for entrepreneurship to thrive include fiscal policy, with both tax rates and tax incentives supporting entrepreneurship and influencing investment decisions.
Taxation has an important role to play in developing Ireland†s entrepreneurship ecosystem to meet the highest international standards
and facilitating the growth of startups into enduring companies offering sustainable long-term employment. The effective tax rate
National Policy Statement on Entrepreneurship in Ireland 27 2. 1. 3 Share Based Remuneration In private Companies Share based employee remuneration can significantly reduce fixed labour costs
National Policy Statement on Entrepreneurship in Ireland28 With regard to registering for tax customer service standards for business tax registration require that 100%of such applications are completed within five working days, with the exception of 10 working days for VAT registration applications.
355 National Policy Statement on Entrepreneurship in Ireland 29 The supports available range from startup training and feasibility study grants to direct support, access to seed and venture capital and various levels
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
in an integrated way of the supports across government Opportunities to work with other stakeholders to develop hubs for entrepreneurship
and targeted actions for entrepreneurship support the long term survival and sustainable growth of high quality businesses.
) 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 LEOS will also have a particular focus on female and youth entrepreneurship though such initiatives as the Women in Business Networks
However, the LEOS will also be key drivers of entrepreneurship across society through both formal interventions and initiatives such as workshops, seminars and promotional activities.
A cross-border approach to entrepreneurship offers an opportunity for the entrepreneur to access resources such as capital, labour and technology that can spark new ideas.
statistics website National Policy Statement on Entrepreneurship in Ireland 31 Innovation & Collaboration Fusion (technology transfer through company graduate-academic partnership) Challenge (business transformation
and scale and encourage entrepreneurship in a cross-border context. The challenges for developing SMES in the Border Region and in developing linkages and cooperation between businesses on both sides of the border generally, to develop business
and trade, are aligned closely with our wider ambitions for developing entrepreneurship. A huge opportunity exists to build synergies between enterprises in both jurisdictions for mutual advantage
National Policy Statement on Entrepreneurship in Ireland32 Key Actions: Business Environment & Supports Create a business environment, in terms of company law, taxation,
and makes Ireland one of the most attractive environments for entrepreneurship in Europe. DJEI and other relevant Depts) Review and consider further amendments to the Employment
EI, LEOS, Ã nag) National Policy Statement on Entrepreneurship in Ireland 33 Ã darã¡s na Gaeltachta will implement measures to support early stage business development with a particular focus on regional competitive advantage in specific sectors,
CEDRA, LEOS, EI) National Policy Statement on Entrepreneurship in Ireland34 There are huge inter-dependencies between entrepreneurship
and innovation policies Innovation3 There are huge inter-dependencies between entrepreneurship and innovation policies. Entrepreneurs need access to innovative ideas, products, processes and services.
Both entrepreneurship and innovation are associated with â€oedoing something new†and policies can be mutually reinforcing in recreating economic dynamism.
Therefore, maintaining and increasing our capacity for innovation requires fundamental support for entrepreneurship and entrepreneurial innovation.
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
National Policy Statement on Entrepreneurship in Ireland 35 Competitive Start Fund In the initial phase, early-stage startup companies can face difficulties in raising external financing.
& Business Processes The Entrepreneurship Forum Report recognises that innovation is-â€oe†about continuously seeking to improve product, service, operations, people,
National Policy Statement on Entrepreneurship in Ireland36 Advances in technology have created new opportunities for companies to innovate their service delivery and business processes.
3. 6 Intellectual Property †Contractual Issues The Entrepreneurship Forum identified contractual relationships as a challenge for industry and academics undertaking collaborative research projects.
Other initiatives already underway to address the contractual issues identified by the Entrepreneurship Forum include:
National Policy Statement on Entrepreneurship in Ireland 37 Express Licensing DCU has piloted short form licensing to the ICT sector in situations in
and KTI will use these as a starting point to create collaboration guidelines specifically for startup businesses. 3. 7 Increasing Inward Entrepreneurship International competition for mobile entrepreneurs is intense around the world,
Enterprise Ireland has dedicated a team focussed on overseas entrepreneurship designed to bring in new sources of HPSUS.
Achievement the Government†s vision for entrepreneurship requires the development of a strong entrepreneurial culture and effective networks in the education system for commercialising ideas.
National Policy Statement on Entrepreneurship in Ireland38 Key Actions: Innovation Make Ireland a location of choice for high quality international startups Develop an integrated marketing programme involving Team Ireland (EI, IDA,
†Promote commercialisation opportunities and entrepreneurship bootcamps among high-tech targets, †Promote the temporary relaxation in permit rules for startups.
à nag, B. I. M) National Policy Statement on Entrepreneurship in Ireland 39 Develop a support framework to assist innovative startups reach their full potential KTI will become a central reference point for entrepreneurs
As the Entrepreneurship Forum identified, access to finance is always a critical issue for startups.
Access to Finance4 National Policy Statement on Entrepreneurship in Ireland40 4. 2 Alternative and innovative sources of financing More diverse sources of finance are needed to realise our ambitions for entrepreneurship.
National Policy Statement on Entrepreneurship in Ireland 41 4. 5 Access to Finance †Priorities under the APJ Through the actions set out in the Action Plan for Jobs 2014,
National Policy Statement on Entrepreneurship in Ireland42 Key Actions: Access to Finance Expand the range of access to finance instruments to match our ambition as a startup hub
D/Finance) National Policy Statement on Entrepreneurship in Ireland 43 The Entrepreneurship Forum stressed the importance of encouraging entrepreneurs to create their own networks to help sustain startups 5 The Entrepreneurship Forum
s Review of Business Mentoring Services, July 2014 Entrepreneurial Networks & Mentoring National Policy Statement on Entrepreneurship in Ireland44 The most common are focused networks on women in business.
National Policy Statement on Entrepreneurship in Ireland 45 5. 3 Approach to Partnership This Policy Statement acknowledges that no single Government department can address the multifaceted challenges facing startups in the 21st century.
and to enhance the spirit of entrepreneurship within every region in Ireland. The increasing desire and capability of the main stakeholders to support other entrepreneurs and to act collectively presents many opportunities and signals a new era for entrepreneurship in Ireland.
Through this Policy Statement, the Government underscores its commitment to reinvigorate entrepreneurship and to support collaborative actions to promote a strong entrepreneurial mind-set,
which will in turn increase economic opportunity, business creation and employment. Strengthening the linkages between the main stakeholders
National Policy Statement on Entrepreneurship in Ireland46 5. 3. 2 Accelerators In response to the popularity and demand for accelerators among startups, work will also be undertaken on developing
These incubators house over 350 companies and over 1, 500 people. 5. 3. 3 Co-working Space The Entrepreneurship Forum highlighted the importance of the availability of co-working spaces
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,
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,
and culture of entrepreneurship in Ireland does not lie solely within the confines of State support systems.
and expanding the entrepreneurship ecosystem requires a collaborative effort. There are many creative and innovative ways that the business environment for entrepreneurs could be supported by different individuals
which support entrepreneurship. As the Forum said in its report: â€oeit is through swarms and swarms of entrepreneurial leaders
and innovations11. †Successful entrepreneurship in the longer term positively feeds back into the ecosystem,
The strength of the entrepreneurship ecosystem will depend on an ongoing commitment from these †championsâ€. 11 Entrepreneurship Forum Report,
2013 National Policy Statement on Entrepreneurship in Ireland 47 One such example of feeding back into the ecosystem is Officehours. ie,
National Policy Statement on Entrepreneurship in Ireland48 Key Actions Entrepreneurial Networks & Mentoring Improve the effect of mentoring as a tool to support entrepreneurship Establish a Working group to implement reforms in mentoring (DJEI), specifically to:
DJEI) Increase the number of peer networks for mentoring, angel finance and problem solving which sustain entrepreneurship Develop founder and entrepreneur networks working with the alumni of programmes such as HPSU and LEO,
EI, LEOS, Ã nag) Use competitive funds available to the LEOS to seek proposals for entrepreneurship hubs at regional level.
and celebrate entrepreneurship and commend entrepreneurs who have achieved success, particularly those to whom people can relate
Business Representative Bodies, EI, LEOS) Existing entrepreneurs should actively engage with state agency/business representative bodies platforms for networking, forums for exchange of expertise, entrepreneurship promotional events etc.
Business Representative Bodies) National Policy Statement on Entrepreneurship in Ireland 49 We need to ensure that new companies learn to develop products with global appeal 6 Access to Markets Ireland offers entrepreneurs
National Policy Statement on Entrepreneurship in Ireland50 In 2012 EI established its Potential Exporters Division (PED.
National Policy Statement on Entrepreneurship in Ireland 51 Any proposed solution should be adaptable to cater for underground
National Policy Statement on Entrepreneurship in Ireland52 6. 6 Online Trading It is important that entrepreneurs take full advantage of the efficiencies
National Policy Statement on Entrepreneurship in Ireland 53 Key Actions: 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
Business Representative Bodies, DCENR) National Policy Statement on Entrepreneurship in Ireland54 National Policy Statement on Entrepreneurship in Ireland 55 Implementation & Monitoring Progress Entrepreneurship has been identified as a key
It is vital that action is taken to optimise the role of entrepreneurship as an essential source of wealth creation and employment,
In view of the significant inputs of financial and human resources from the State to support entrepreneurship, it is essential that the progress
Enterprise & Innovation in tracking the various indicators that taken together define the competitive position of the national system of entrepreneurship in Ireland.
Benchmarking/Measuring Entrepreneurship A comprehensive profile analysis of the national entrepreneurship ecosystem in Ireland will assess current national performance against international comparators.
National Policy Statement on Entrepreneurship in Ireland56 Performance Indicators General Business Indicators Metric Source Baseline-2013 Output-2014 Number of Startups CSO 12,551
Further indicators will be added from international benchmarks such as the Global Entrepreneurship & Development Index (GEDI. Culture, Human Capital & Education The Global Entrepreneurship Monitor (GEM) provides an annual assessment of the entrepreneurial activity,
aspirations and attitudes of individuals across a wide range of countries, including Ireland. GEM measures the involvement of individuals in entrepreneurial activity through a number of stages, from aspiring entrepreneurs to nascent entrepreneurs and new business owners.
Participation and progression rates in entrepreneurship modules in HEIS will be tracked to ensure best practice and to support the expansion of successful programmes.
5. 5%Total Early Stage Entrepreneurial Activity GEM 9. 2%Public Attitude to Entrepreneurship GEM 50%Participation rates in competitions/awards Student
-Number of schools-Number of students LEO 780 29,359%of Females attending Core Training Programmes LEO 57%HUMAN CAPITAL & EDUCATION Numbers in Entrepreneurship Modules
across HEIS DES Unavailable at date of publication Performance across STEM DES Unavailable at date of publication National Policy Statement on Entrepreneurship in Ireland 57 Business Environment & Supports A wide range
of framework conditions and policies can affect entrepreneurship ranging from tax rates and incentives, regulation, legislation, immigration, infrastructure and State-funded enterprise supports.
366 à DARAS NA GAELTACHTA Number of startups supported by à daras na Gaeltachta à nag 56 National Policy Statement on Entrepreneurship in Ireland58 Innovation
which innovation and entrepreneurship can flourish. This investment in scientific excellence continues to have many positive effects,
and increased emphasis on industry academic collaboration and commercialisation of research that will support a culture of innovation and entrepreneurship in Ireland.
Centres SFI 0 Horizon 2020 †Startups Supported EI N/A National Policy Statement on Entrepreneurship in Ireland 59 Access to Finance A stable and appropriate
000 600-National Policy Statement on Entrepreneurship in Ireland60 Entrepreneurial Networks & Mentoring The strength of the entrepreneurship ecosystem will largely depend on the level of commitment shown by the private sector and industry representative bodies
61 59 216 Numbers accessing Business On-line Vouchers D/CENR 25 National Policy Statement on Entrepreneurship in Ireland 61 Appendices National Policy Statement
on Entrepreneurship in Ireland62 Programme/Fund and Objective Number of Projects Funding Areas of strategic Focus 2014-2016 D ev el o p in g t
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
â 1. 0m approved (Programme commenced 2012) National Policy Statement on Entrepreneurship in Ireland64 Programme/Fund and Objective Number of Projects Funding Areas of strategic Focus
Foster entrepreneurship and campus company activity by providing an essential transitional space between the research and business worlds. 355 Companies 2011:
Provide entrepreneurs with business space in a supportive environment with the aim developing entrepreneurship in both urban and rural locations.
National Policy Statement on Entrepreneurship in Ireland 65 Appendix 2: Local Enterprise Offices Entrepreneurship Supports LOCAL ENTERPRISE OFFICES ENTREPRENEURSHIP SUPPORTS CEB total 2013 LEO total 2014 (target) Employment Jobs Created 1
, 522 Jobs Sustained 20,478 Total Employment new portfolio 20,478 22,000 Grants (M1 & M2) Feasibility Applications approved (number) 188 156 Feasibility
Foster entrepreneurship and campus company activity by providing an essential transitional space between the research and business worlds. 355 Companies 2011:
Provide entrepreneurs with business space in a supportive environment with the aim developing entrepreneurship in both urban and rural locations.
The cost to the exchequer under the SVC schemes was â 15m National Policy Statement on Entrepreneurship in Ireland66 Pathway Progression Client Transfers (number) n/a 47 Client Transfers
359 23,359 National Enterprise Awards Number of Clients participating 47 (incomplete information) 94 (incomplete information) LOCAL ENTERPRISE OFFICES ENTREPRENEURSHIP SUPPORTS CEB total
326 Marketing and Networking events undertaken Individual 779 1, 387 Group 233 324 National Policy Statement on Entrepreneurship in Ireland 67 E n tr ep
Global Entrepreneurship Development Index (GEDI) Structure National Policy Statement on Entrepreneurship in Ireland68 BICS Business Innovation Centres BIM Bord Iascaigh Mhara CEDRA
Employment and Investment Incentive scheme GEDI Global Entrepreneurship Development Index GEM Global Entrepreneurship Monitor HEA Higher education Authority HEI Higher education institutions HBAP Halo Business
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