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Enterprise Ireland

Dáil Éireann Debate, Thursday - 4 May 2017

Thursday, 4 May 2017

Questions (260)

Bobby Aylward

Question:

260. Deputy Bobby Aylward asked the Minister for Jobs, Enterprise and Innovation if she will provide a breakdown by NUTS3 region and county with regard to Enterprise Ireland client companies (details supplied); and if she will make a statement on the matter. [21304/17]

View answer

Written answers

Enterprise Ireland’s (EI) start-up activity is focused on prospecting for and supporting High Potential Start-Ups (HPSUs). HPSU companies are defined as start-up ventures that are:

- Introducing a new or innovative product or service to international markets.

- Involved in manufacturing or internationally traded services.

- Capable of creating 10 jobs in Ireland and realising €1 million in sales within three to four years of starting up.

- Led by an experienced management team.

- Headquartered and controlled in Ireland.

- Less than six years old.

Table 1 provides an overview of each of the HPSU Class 2010 – 2016 by NUT3 Region and county.

Start-up companies that have a well-developed business plan and need to raise investment for their business can apply to EI for equity support under the Competitive Start Fund. This is a €50k equity investment designed to accelerate the development of high potential start-up companies by supporting them to achieve commercial and technical milestones such as evaluating international market opportunities or building a prototype.

Table 2 provides an overview of Competitive Start Funds approved by NUT3 Region and County.

 EI’s company R&D supports are designed to provide support for research, development and technological innovation relevant at all stages of company development, and which will enable companies to progress from undertaking an initial research project to higher level innovation and R&D activities.

Table 3 provides an overview of companies that engage in substantial research and development projects of above €1 million spend per annum by NUTS Region and county.

Table 4 provides an overview of companies that engage in substantial research (spend of more than €100,000 for more per annum) and development projects.

EI assists client companies to build the leadership and management capabilities that are required to scale and succeed in international markets. This support is delivered in the form of short management programmes (e.g. Excel at Growth) and long-term management programmes (e.g. Leadership for Growth).

Table 5 provides an overview of companies participating on short and long term management development programmes by NUT3 Regions and by county.

In relation to Seed and Venture Capital Schemes, the Government, through Enterprise Ireland, has made €175m available as part of the Seed & Venture Capital Scheme (2013 – 2018). The following investments have been made by Enterprise Ireland under these Schemes across the period 2012–2016:

- 2012: €25.7m

- 2013: €21.1m

- 2014: €18.8m

- 2015: €21.1m

- 2016: €25.1m

Enterprise Ireland invests in VC funds through the Seed and Venture Capital Schemes. These funds then invest a minimum of double Enterprise Ireland commitments in Irish companies most which are EI clients. The fund managers make investment decisions independent of Enterprise Ireland. The regional breakdown of these investments is made available on an annual basis on the publication of the Seed and Venture Capital Report[1]. The report for the period 2016 will be available in July 2017.

It is important to highlight that Enterprise Ireland’s Strategy 2017 – 2020 is focused on addressing the need for Irish enterprise to build scale and expand reach by driving Innovation, Competitiveness, Diversification and Ambition. EI has a range of financial and non-financial supports, which are not detailed above, that are available to clients to assist in the implementation of this strategy. In addition, Enterprise Ireland is working with companies throughout the country to assist in addressing the challenges in a post Brexit marketplace.

Table 1: Overview of each of the HPSU Classes 2010 – 2016 by NUT3 Region and County

HPSU Class of 2012, 2013, 2014 and 2015

 

2012

2013

2014

2015

2016

Border Region

7

5

4

6

7

Cavan

1

1

-

1

1

Donegal

2

1

2

-

1

Leitrim

-

-

1

-

-

Louth

3

1

-

4

4

Monaghan

-

-

1

-

-

Sligo

1

2

-

1

1

Dublin Region

60

57

58

57

54

Dublin

59

56

58

57

53

Mid-East Region

7

8

6

6

4

Kildare

2

4

2

3

1

Meath

2

2

1

3

1

Wicklow

3

2

3

-

2

Mid-West Region

3

4

8

3

5

Clare

-

1

2

-

1

Limerick

3

3

5

3

3

Tipperary North

-

-

1

-

1

Midlands Region

1

4

1

5

3

Laois

-

1

-

-

1

Longford

1

-

-

2

1

Offaly

-

1

-

-

1

Westmeath

-

2

1

3

-

South East Region

4

4

5

6

4

Carlow

1

2

2

1

1

Kilkenny

-

-

1

1

-

Tipperary South

2

-

-

2

-

Waterford

-

2

2

2

2

Wexford

1

-

-

-

1

South West Region

13

15

15

11

13

Cork City

7

3

9

2

4

Cork County

4

9

4

7

7

Kerry

2

3

2

2

2

West Region

2

7

5

11

11

Galway

1

6

4

6

9

Mayo

1

1

1

5

2

Total

97

104

102

105

101

Note: Data based on HPSUs approvals

Table 2: Overview of Competitive Start Funds approved by NUT3 Region and County

Approved Competitive Start Funds by NUTS 3 and County

 

CSF 2012

CSF 2013

CSF 2014

CSF 2015

CSF 2016

Border   Region

4

2

2

7

11

Cavan

0

0

0

0

1

Donegal

3

0

1

2

2

Leitrim

0

0

0

1

0

Louth

0

1

1

2

0

Monaghan

0

0

0

1

3

Sligo

1

1

0

1

5

Dublin   Region

35

52

53

45

49

Dublin

35

52

53

45

49

Mid-East   Region

3

4

2

15

16

Kildare

2

3

0

6

5

Meath

0

0

2

4

4

Wicklow

1

1

0

5

7

Mid-West   Region

4

3

2

9

5

Clare

0

0

0

2

0

Limerick

3

3

2

7

4

Tipperary North

1

0

0

0

1

Midlands   Region

3

2

3

2

1

Laois

1

0

1

0

0

Longford

0

0

0

1

0

Offaly

1

0

1

0

0

Westmeath

1

2

1

1

1

Overseas

0

0

0

1

12

Overseas

0

0

0

1

12

South   East Region

2

5

4

7

11

Carlow

0

2

0

2

1

Kilkenny

1

0

1

2

0

Tipperary South

0

0

1

0

1

Waterford

0

3

2

1

5

Wexford

1

0

0

2

4

South   West Region

4

13

11

12

10

Cork City

1

5

4

1

4

Cork County

2

4

2

8

6

Kerry

1

4

5

3

0

West   Region

5

4

5

14

13

Galway

3

3

4

8

7

Mayo

1

1

1

4

5

Roscommon

1

0

0

2

1

Total

60

85

82

112

128

Table 3: Overview of companies that engage in substantial research and development projects of above €1 million spend per annum by NUTS Region and County

R&D spend of over €1m per annum

 

2012

2013

2014

2015

Border Region

8

10

12

12

Cavan

2

2

2

3

Donegal

1

2

2

1

Leitrim

1

1

1

1

Louth

1

2

3

3

Monaghan

3

3

4

4

Dublin Region

64

65

69

68

Dublin

64

65

69

68

Mid-East Region

11

10

6

11

Kildare

4

3

3

6

Meath

3

3

1

1

Wicklow

4

4

2

4

Mid-West Region

8

9

7

7

Clare

3

4

4

3

Limerick

5

5

3

4

Midlands Region

1

2

2

2

Longford

-

1

-

-

Offaly

-

-

1

-

Westmeath

1

1

1

2

South East Region

9

6

6

5

Carlow

1

1

1

1

Kilkenny

3

2

3

3

Tipperary South

2

-

-

-

Waterford

2

2

1

-

Wexford

1

1

1

1

South West Region

21

23

20

17

Cork City

7

8

5

3

Cork County

11

10

10

9

Kerry

3

5

5

5

West Region

12

14

18

12

Galway

11

12

15

10

Mayo

1

2

2

2

Roscommon

-

-

1

-

 Total

134

139

140

134

Data for 2016 not available until the Annual Business Survey 2016 is published.

Table 4: Overview of companies that engage in substantial research and development projects (spend of more than €100,000 for more per annum) by NUT3 Regions and County

R&D Spend Greater than €100k per annum

 

2012

2013

2014

2015

Border Region

69

75

79

86

Cavan

12

11

14

17

Donegal

8

10

10

10

Leitrim

4

4

4

3

Louth

23

26

25

29

Monaghan

12

12

16

16

Sligo

10

12

10

11

Dublin Region

334

354

396

413

Dublin   Region

334

354

396

413

Kildare

22

20

22

21

Meath

17

25

21

20

Wicklow

28

33

27

27

Mid-West Region

49

58

66

67

Clare

11

16

19

22

Limerick

34

37

42

40

Tipperary North

4

5

5

5

Midlands Region

35

34

35

43

Laois

6

6

6

9

Longford

5

6

6

8

Offaly

9

9

12

11

Westmeath

15

13

11

15

South East Region

60

64

63

60

Carlow

12

13

12

12

Kilkenny

11

13

13

14

Tipperary South

12

11

8

10

Waterford

13

16

20

15

Wexford

12

11

10

9

South West Region

113

116

133

126

Cork City

29

33

33

30

Cork County

67

68

81

79

Kerry

17

15

19

17

West Region

70

78

84

74

Galway

55

58

63

56

Mayo

13

15

14

13

Roscommon

2

5

7

5

Total

797

857

926

937

Data for 2016 not available until the Annual Business Survey 2016 is published.

Table 5: Overview of companies participating on short and long term management development programmes by NUT3 Region and County

Companies participating on short and long term management development programmes by NUT3 Region and County

County/Region

2012

2013

2014

2015

2016

Border Region

43

63

43

40

75

Cavan

11

5

8

10

17

Donegal

9

14

1

4

6

Leitrim

3

2

5

3

9

Louth

14

33

19

14

27

Monaghan

3

3

6

4

12

Sligo

3

6

4

5

4

Dublin Region

267

327

276

273

329

Mid-East Region

43

61

45

51

78

Kildare

22

30

23

25

38

Meath

12

15

11

12

20

Wicklow

9

16

11

14

20

Mid-West Region

39

36

39

45

43

Clare

7

8

10

14

11

Limerick

31

23

27

25

29

Tipperary North

1

5

2

6

3

Midlands Region

21

16

51

22

29

Laois

4

-

6

5

8

Longford

6

3

9

4

2

Offaly

6

9

14

4

8

Westmeath

5

4

22

9

11

South-East Region

44

51

55

39

76

Carlow

8

8

7

7

15

Kilkenny

12

13

13

9

19

Tipperary South

3

4

6

11

10

Waterford

9

13

14

7

15

Wexford

12

13

15

5

17

South-West Region

75

63

89

64

77

Cork

63

47

70

53

53

Kerry

12

16

19

11

24

West Region

19

34

46

32

46

Galway

12

23

28

20

33

Mayo

6

8

14

10

12

Roscommon

1

3

4

2

1

Total

551

651

644

566

[1] https://www.enterprise-ireland.com/en/Publications/Reports-Published-Strategies/2015-Seed-and-Venture-Capital-Report.pdf

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