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Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure IE-1998-1/2638 – measures in Ireland

Enterprise Ireland

Enterprise Ireland

Country Ireland , applies nationwide
Time period Open ended, started on 01 January 1998
Context COVID-19, Digital Transformation, Restructuring Support Instruments
Type Legislations or other statutory regulations
Category Reorientation of business activities
– Change of production/Innovation
Author Roisin Farelly (IRN Publishing) and Eurofound
Measure added 23 June 2022 (updated 23 October 2024)

Background information

Enterprise Ireland is the government organisation responsible for the development and growth of Irish enterprises in world markets. It supports sustainable economic growth, regional development and secure employment by offering a range of services, from funding to introducing to international markets. Its export assistance includes the provision of in-market services, local market information and the facilities of its international office network.

It also provides funding and support for college-based researchers to assist in the development, protection and transfer of technologies into industry via licencing or spin-out companies.

Enterprise Ireland is funded by the national government.

Content of measure

Enterprise Ireland offers management development programs to help businesses achieve scale, raise capital and enhance capabilities in areas like innovation, digitalisation and sustainability.

Enterprise Ireland (EI) provides support to Irish businesses according to three attributes:

Support type : Market access; capability development; funding and grants Size of business : Start-ups; SMEs; large companies; researchers Goals of the business : Expand business; grow internationally; become more sustainable; become more innovative; become more competitive; enhance sales and marketing.

EI provide a range of grants for businesses seeking to grow, such as a strategic consultancy grant, employment funding supports and capital funding supports. EI also have a range of training programs and a strong international network who can provide advice.

Enterprise Ireland has 39 locations internationally. The traditional focus of EI has been to help Irish businesses scale internationally.

Use of measure

In its 2023 report, Enterprise Ireland noted that its member companies employ 225,495 people, an increase of over 5,000 since 2022:

  • 15,530 new jobs were created;
  • 68% of jobs created in Ireland were outside of Dublin
  • 85 high potential start-up investments;
  • €24 million in funding for start-ups; *107 grants over €100,000 for in-company R&D, with 44 dedicated to digital process innovation;
  • 1,724 collaborative projects between companies and higher-education researchers;
  • 26 Technology Centres and Gateways
  • 4 European Digital Innovation Hubs;
  • 262 innovation vouchers redeemed.

The total exports of EI supported companies in 2023 was €34.57bn, an increase of 2% on 2022. Exports increased in every region except for Asia Pacific since 2022.

Target groups

Workers Businesses Citizens
Does not apply to workers SMEs
Start-ups
Importing/Exporting companies
Does not apply to citizens

Actors and funding

Actors Funding
National government
National funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role Unknown Unknown
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • Unknown
  • Main level of involvement: Unknown

Involvement

Unknown

Views and reactions

Unknown

Sources

Citation

Eurofound (2022), Enterprise Ireland, measure IE-1998-1/2638 (measures in Ireland), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/IE-1998-1_2638.html

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