and particularly appropriate given the prevailing national and international economic environment. By the end of 2010, the total investment funding available under Schemes 2 and 3 amounted to â 1. 023 billion,
This is particularly relevant given the prevailing national and international economic environment which remains extremely challenging.
The economic value of the CEB soft supports depends somewhat on the prevailing economic environment and unemployment levels.
development and innovation activities in Ireland and in developing the business environment to support the emergence
and it is important to take note of how the policy environment evolved during this time.
and it is important to take note of how the policy environment evolved during this time.
which was developed in the context of Ireland†s challenging economic environment the plan emphasised the absolute need to support economic growth
This programme of activity was put in place to develop the enterprise environment as part of broader efforts that included, for example,
& Venture capital Programme it is essential that the national and international economic environment is considered. Changed Economic Context The global financial crisis in particular continues to have ramifications across the private equity market internationally.
The international environment for the industry remained challenging in 2010 with opportunities for company exits through trade sales
and it is important to take note of how the policy environment evolved during this time.
which will remain an important part of the overall VC ecosystem, particularly in the current economic environment,
and nature of The irish Venture capital environment by attracting top tier venture financing to Ireland so as to successfully scale innovative companies. †The programme fits with Enterprise Ireland†s stated corporate strategy85 that it will â€oesupport the development of seed
The challenge is to build a sustainable VC industry in Ireland despite the current economic environment. †More recently, the National Recovery Plan, 2011-2014,
which was developed in the context of Ireland†s challenging economic environment and the absolute need to support economic growth committed to introducing the Innovation Fund Ireland86 to â€oeattract international venture capital fund managers to Ireland,
In addition, in cooperation with Enterprise Ireland, a number of commitments have been made that are due to be announced in the near term. 98 involves using different instruments to ensure that the business environment is conducive to the emergence
and Venture capital Programme †and others result from a range of factors relating to the overall business environment.
Synergies and Complementarity The Enterprise Ireland Seed & Venture capital Programme is quite distinct from a number of agency delivered programmes in that it operates at the broader enterprise environment level rather than at that of the company or individual.
This is particularly relevant given the prevailing national and international economic environment which remains extremely challenging.
Enhancement of the environment and infrastructure, combined with economic and enterprise support initiatives, will be of long term benefit to the local economy.
and the environment would increase the need for sustainable solutions. Sustainability is entrenched in each part of the company, even in its logo.
the company creates products that have a minimal impact on the environment (Product Sustainability; and it creates new concepts
PROF is an all-inclusive concept that tries to provide answers to these questions by focussing on the patient and his environment, with durability, functionality, usability,
Devan Chem icals†philosophy is to be an innovate company in the textile chemicals industry by introducing chemicals that are less harmful to the environment
and the role the complementary assets play in a particular industry. 21 Shifts in government policies targeted at the business environment are another important driver of business model innovations in SMES.
Changes in the environment are thus an important reason small companies experiment with new business models to revamp
People buy Jaga heaters because they care about the environment or because they want a sleekly designed radiator as an eye catcher in their home or business lounge.
and some provide a more hygienic or healthier living environment. The race into ever more complex applications of chemicals coincided with a continued focus on the same type of customers and applications.
which an optimal environment can be created for microorganisms to grow and reproduce. Cultivating these mirco-organisms yields a desirable substance.
and resources from the external environment to stay ahead of the competition. 3 As global competition intensifies,
and cooperate to a high degree with their external environment, as catalysts, contributors or collaborators. Serial innovators may draw on higher education institutions for intellectual property and talent, on the financial resources of venture capitalists and angel investors and on the capacities and facilities of other companies
and they give the character to"the different and competing environments that countries offer to innovating firms".
Every region can have improved startup communities. recommendations recommendations recommendations-7-Co-working spaces are terrific environments for the creation
They have provided a welcome reality check on the current environment for startups. The Forum is grateful to the many people who have contributed online by telephone, in writing and in person.
-13-Innovative â€oecan-Do†Culture The first pillar of a strong entrepreneurial environment is an innovative †can-do†culture.
However, the Government can provide a permissive and supportive environment for the ecosystem to develop
and learn and share from each other in a completely confidential environment. Sandbox16 is another network where members are engaged directly with an international network of similarly minded-23-12 Another widely employed and valuable mentoring structure is a company†s Board of directors.
positive environment. Successful mentorships are created through: •Regular face-to-face meetings †scheduled monthly for 1-2 hours of uninterrupted time. •Shared, agreed, SMART goals †focused on achieving desired outcomes
The emergence of digital mobile systems (GSM) and open systems in computing and communications created an environment where even small companies could make an impact in world markets such as banking
The environment created over the last 5 years may have placed Ireland on the cusp of a similar innovation revolution.
and this would have a significantly positive impact on the funding environment for startups. 51.
if the entrepreneurial ecosystem is to operate in a truly supportive environment. 6. 3. 1 Bank lending Irish SMES€ external funding mix is more reliant on commercial banks than almost all other European countries. 36 The Forum acknowledges that various
Richard Bruton TD 5 Introduction †Vision for Ireland 6 Entrepreneurship Environment †Key Elements 8 Strategic Objectives 12 Entrepreneurship in Ireland
Culture, Human Capital & Education 23 2. Business Environment & Supports 24 2. 1 Taxation 26 2. 1. 1 Startup Company Relief
Business Environment & Supports 32 3. Innovation 34 3. 1 Innovation Supports 34 3. 2 High Potential Startups 35 3. 3
Human Capital & Education 56 Business Environment & Supports 57 Innovation 58 Access to Finance 59 Entrepreneurial Networks & Mentoring 60 Access to Markets 60
and acknowledged as a world class environment in which to start and grow a business.
and acknowledged as a world†class environment in which to start and grow a business.
acknowledged as a world-class environment in which to start and grow a business. Embracing and implementing the approach set out in this statement will result in Ireland having excellent support networks at local and national level and strong policy frameworks within
and entrepreneurs working together to create an environment in which startups can truly thrive. 1 Defined as an individual†s creative capacity to identify an opportunity
and maintaining a business environment that is fit for purpose. 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
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
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
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
The business environment has a similar role, affecting both the obstacles the entrepreneur may encounter
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
and range of ICT professionals domestically to make Ireland a hub for technology startups. 2 Business Environment
and Supports Create a business environment in Ireland where it is easy to start up and grow a new business in terms of Company Law;
Licensing and where it is one of the most attractive environments in Europe. Promote best in class standards across the network of Enterprise Ireland
Ireland is performing well against a number of international benchmarks on various business environment indicators.
Create a business environment, in terms of company law, taxation, regulation and licensing, which makes it is easy to start
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.
Enterprise needs to play a more central role in education to help HEIS provide an environment supportive of entrepreneurship.
Business Environment & Supports2 There is a range of framework conditions and policies that can affect both first time entrepreneurs and serial entrepreneurs.
a set of actions will be developed in each of the coming years to enhance the business environment
and supports for entrepreneurs. 2. 1 Taxation The tax environment for entrepreneurs and investors in Ireland has become more challenging particularly
and business growth across the island and create an environment in which it is easier to do business.
Business Environment & Supports Create a business environment, in terms of company law, taxation, regulation and licensing,
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
and across LEO€ s to enhance the support environment for startups, with a particular emphasis on regions that have struggled to achieve employment growth.
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.
Creating a collaborative environment between industry 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
For example, the funding environment internationally for companies in the cleantech and medical devices sectors is currently weak.
State Bodies Group, DES) Review the operations of Microfinance Ireland with a view to enhancing its positive influence on the microfinance environment.
The key challenge is to develop the regional spread of startup activity by enhancing the startup environment outside Dublin.
There are many creative and innovative ways that the business environment for entrepreneurs could be supported by different individuals
Although the international environment remains challenging, there is significant potential to increase activity in each of these areas.
while at the same time providing the public sector with new, cost effective solutions, developed in a risk free environment,
and acknowledged as a world-class environment in which to start and grow a business.
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
Performance Indicators Business Environment & Supports Metric Source Baseline-2013 Output-2014 BUSINESS ENVIRONMENT Ease of Doing Business World bank 10 EII Scheme Activity
and technology to create an environment in which innovation and entrepreneurship can flourish. This investment in scientific excellence continues to have many positive effects,
Provide entrepreneurs with business space in a supportive environment with the aim developing entrepreneurship in both urban and rural locations.
Provide entrepreneurs with business space in a supportive environment with the aim developing entrepreneurship in both urban and rural locations.
and the Marine DAHG Department of Arts, Heritage and the Gaeltacht DCENR Department of Communications, Energy and Natural resources DECLG Department of Environment, Community and Local government DES Department of education and Skills DJEI
•Given the current, weak economic environment in Europe, large increases in R&d investments are expected not for the next several years. •Emphasis by Southeast Asian countries on economic growth through increased
Battelle, R&d Magazine Highlights of the international research funding environment include: •Asian share of global R&d continues to increase,
One fundamental aspect of these ecosystems is that they are â€oesticky†environments in which talent and capital are retained
A new factor complicating the R&d environment for the life science industry is the set of changes in the U s. healthcare landscape mandated by the Affordable Care Act.
The future operating environment for this industry is complex. As noted, the Affordable Care Act creates uncertainties in areas like the introduction of new medical products.
Technology Environment & Sustainability#3 Motor vehicles United states Motor vehicles Energy Generation & Eï¿ciency Environ. & Sustainability#1#2 Composite/Nano/Advanced Materials#3 Commercial Aerospace
Environment Working group, EWG Farm Subsidies Statistics (Total USDA subsidies for U s. farms; accessed October 15, 2013), http://farm. ewg. org/regionsummary. php?
and the key supports and business environment measures to be taken to ensure Irish based enterprises are among the most innovative, productive, competitive and entrepreneurial in the world.
and introduce a Knowledge Development Box to ensure the tax environment is optimised for innovative enterprises located here.
This will require an enterprise environment that supports, amongst other things, enhanced levels of entrepreneurship and progress is being made.
Credit and Investment for Growth Limited funding flows in an economy damage the environment for entrepreneurship
activation, research and the broader business environment. Government alone cannot deliver on our high level ambitions.
All of these elements will contribute to the creation of a more dynamic and competitive environment for SME funding.
and to be acknowledged as a world-class environment to start and grow a business. To achieve the ambition,
ï§Business environment and supports; ï§Innovation; ï§Access to finance; ï§Networks and mentoring;
The broader IP environment should also support firms in realising internationally competitive returns from their IP activity
The Road Map responds to a changing international environment and ensures that we continue to attract
1. Make Ireland the best environment for generating and managing IP; 2. Ensure firm-level supports
The onset of the international financial crisis and the systemic problems within our national banking system, in conjunction with cultural payment issues have conspired collectively to create an extremely challenging environment for SMES in relation to accessing finance.
Across the OECD the outbreak of the 2008-09 global financial crisis profoundly changed the business environment for SMES
The support environment for SMES has also been enhanced by the establishment of the network of Local Enterprise Offices (LEOS.
This has contributed to a more informed understanding of the SME bank lending environment and facilitated a stronger focus on new lending.
and examined, on a monthly basis ensuring a more informed understanding of the SME bank lending environment,
the SBCI will also continue to explore the potential for cooperation with other National Promotional Banks in seeking to enhance the funding environment for SMES in Ireland.
It is recognised that developing a more robust and effective equity environment is a long-term structural change that will require an integrated set of actions designed to change the behaviour and culture of entrepreneurs
and strategic actions needed to ensure that Ireland†s enterprise policy is sufficiently robust in the context of a changing competitive environment and intensified global competition for trade,
ï§Business environment and supports; ï§Innovation; ï§Access to finance; ï§Networks and mentoring;
For the entrepreneurship environment to be truly effective, these six elements must be mutually reinforcing,
Actions to support the entrepreneurship environment in 2015 include a pilot of a new Entrepreneur Partnering Programme scheme
EI, LEOS, DSP) Business Environments and Supports 189 Support 130 new Entrepreneurs via the New Frontiers programme.
and across LEO€ s to enhance the support environment for startups, with a particular emphasis on regions that have struggled to achieve employment growth.
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.
ï§In an increasingly competitive international environment for securing startup hub status the Startup Gathering will help differentiate Ireland internationally thereby increasing international inward engagement with Ireland†s startup sector;
This highlights the merits of focusing on improving the environment for businesses, particularly in their engagement with public bodies.
sensible steps across the public sector that we can continually improve the operating environment for hundreds of thousands of employers across the country, making business easier, cutting costs,
and enhancing the environment for job creation. 96 2015 Actions Take steps to reduce the red tape for over half a million business interactions in 2015 219 Roll out the new National Post Code system
Defence 66 Education & Skills Group 568 Environment, Community & Local government 494 Finance Group 24 Foreign affairs & Trade 5 Health Group 382 Jobs
Corporate Social Responsibility (CSR) is concerned with the impacts an enterprise has on its stakeholders, the environment,
D/Justice and Equality) 264 With the Film Board, the Department of Arts, Heritage and the Gaeltacht is continuing to work to create a more competitive environment to grow the film,
including Research Councils UK, the Department for Environment, Food & Rural affairs UK, and others. This action will build complementary research competence for Ireland and Irish companies.
ï§a substantial new Agri-Environment Scheme (GLAS; ï§continued strong support for Areas of Natural Constraint (formerly the Less Favoured Areas Scheme;
with a pilot in specific sectors such as the built environment or engineering. ï§Create a national Design Development Programme for innovative design organisations,
and services in a sustainable way that reduce the impact on the environment. It includes activities in areas such as sustainable food production, tourism, green financial services, waste management, renewable energy, smart grids and energy efficiency.
of Defence DECLG Department of Environment, Community and Local government DES Department of education and Skills DFAT Department of Foreign affairs and Trade D/Finance Department of Finance D/Health Department of health
by expressing willingness to contribute to the creation of a favourable environment for the development of social business in Europe,
The Social Business Initiative (SBI) was launched by the European commission in 2011 with the aim of fostering a fertile environment for the development of social business in Europe.
innovation and behavioural change and b. investigation of formal and informal institutional context, including political, cultural and economic environments and institutions directly and indirectly supporting social enterprises.
1) SCU (2014) Science for Environment Policy In depth Report: Social Innovation and the Environment. Science Communication Unit, University of the West of England, Bristol.
Report produced for the European commission DG Environment, February 2014. Available at: http://ec. europa. eu/science-environment-policy;
2) the Transition Network†s website: www. transitionnetwork. org 10 The idea of †Peek oil†is one of the main motives of the transition towns movement. 11 Permaculture can be defined as †consciously designed landscapes which mimic the patterns
and relationships found in nature, while yielding an abundance of food, fibre and energy for provision of local needs. †Starting from a permaculture vision of permanent or sustainable agriculture,
which provides an environment for third sector entities to cooperate, learn from each other and build new shared enterprises.
SCU (2014) Science for Environment Policy In depth Report: Social Innovation and the Environment. Science Communication Unit, University of the West of England, Bristol.
Report produced for the European commission DG Environment, February 2014. Available at: http://ec. europa. eu/science-environment-policy Taub, R. P. 1998) Making the adaptation across cultures and societies:
a report on an attempt to clone the Grameen Bank in Southern Arkansas. Journal of Developmental Entrepreneurship 3 (1), 53†69.
TEPSIE (2014) Building the Social Innovation Ecosystem. A deliverable of the project: â€oethe theoretical, empirical and policy foundations for building social innovation in Europe†(TEPSIE), European commission †7th Framework Programme, Brussels:
Wiley, 2004.29 A.-H. Mohsenian-Rad and A. Leon-Garcia, â€oeoptimal residential load control with price prediction in real-time electricity pricing environments, †IEEE Trans.
and a general resurgence in enterprise activity have provided a supportive environment for the incubation of a new system of financing businesses:
The Eco-Innovation Observatory is financed by DG Environment of the European commission: Legal notice Any views or opinions expressed in this report are solely those of the authors
Funded by the European commission, DG Environment, Brussels Layout Eco-innovate! A guide to eco-innovation for SMES and business coaches 3 eco-innovation observatory 1 Introducing eco-innovation...
It means being economically competitive while respecting the natural environment. Eco-innovation takes the full life-cycle perspective into account, rather than just focusing on environmental aspects of individual life-cycle stages.
and respect the environment by reducing resource intensity of products and services. Sustainable management of natural resources•Tackling climate change•Improving biodiversity and ecosystems•Saving material and energy costs•New products and services:
new markets•New business models•Enhancing quality of life•Creating new and sustainable jobs•â€oematerial security†•Resource justice•economy environment society politics Figure 2:
This trend cannot continue without detrimental consequences for environment. The price volatility for commodities, notably metals, food and non-food agricultural items, was higher in the 2000s than in any decade of the 20th century 6. The World Economic Forum (WEF) Global Risks
World Economic Forum Global Risks Report 2012, www. weforum. org/reports/global-risks-2012-seventh-edition 8 European Environment Agency 2010:
The European Environment. State and Outlook 2010. Material resources and Waste. European Environment Agency, Copenhagen. Eco-innovations focused on improving material
and energy productivity can save costs and lower risk by making companies less dependent on imports.
The producer Electro Power systems SPA, was nominated as one of the Technology Pioneers in the field of energy and environment by the World Economic Forum in 2012. www. electrops. it WEF 2012
TRI-VIZOR€ s Cross Supply Chain Methodologyâ software makes it possible to maximise in real-time the total community gains in cost and CO2. www. trivizor. com Shields Environment:
following a simple online application process with special discounts for SMES. ec. europa. eu/environment/ecolabel Eco-labels are profiled at limas. simpple. com/resources/results
and examples. •www. defra. gov. uk/environment/economy/products-consumers/green-claims-labels/Learning Resources Eco-innovate products
Shields Environment  Source: www. shields-e. com p. 40: TECNARO  Source: www. tecnaro. de;
for the Environment from the Competitiveness and Innovation framework Programme (CIP. The Observatory has developed an integrated information source
and open hardware environments supporting social innovation by empowering and facilitating citizens'participation. One of the projects is responsible for the impact analysis of Digital Social Innovation impacts.
and the acquired technology skills create network effects impossible in a face-to-face environment. This interdisciplinary domain of activities recognise the need to go beyond technology engineering, to the social nature of progress
CAPS are digital environments enabling and supporting social innovation, smart applications empowering and facilitating citizens participation.
and environment. 7 Fig. 1-Fields of activities of DSI as mapped in digitalsocial. eu (last access on November the 9th) Assessing the impacts on Digital Social Innovation initiatives According to the Naples 2. 0 Report
after all, most aspects of most people†s well-being, the quality of their personal lives and social interactions are determined in large part by factors specific to the environments in which they live†(pp. 11-12.
and too many instruments for funding, creating a complex environment for potential applicants. The current system lacks synchronisation and is unfit to reach small firms effectively;
environment and manufacturing. •Micro-and nano-electronics, including semiconductors, are essential for all goods and services that need intelligent control in sectors as diverse as automotive and transportation, aeronautics and space.
The first conclusion reached is that any solution must be developed with due attention to the changing global environment of innovation.
The adoption of the green economy as a new paradigm for a fresh start in environment-compliant entrepreneurial activities has seen recently a growing interest in fostering an economic development based on eco-efficient technologies, not just in terms of cost
LDCS have need a great to access CRTS for the production of energy in a way that does not compromise environment equilibrium,
Common in open source IP environments. No financial compensation for technology providers. F) RAND â€oeonce the standard is set,
Principal Economist DG ENTRE European commission hasan. alkas@ec. europa. eu Mr. Emmanuel Bentejac Veolia Environment emmanuel. bentejac@veolia. com Mr
Hagehã lsmann Innovation Manager Europe Microsoft andrehag@microsoft. com Mr. Jacques Hayward Special Advisor Veolia Environment jacques. hayward@veolia. com
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