Wednesday, 21 April 2021

Questions (172)

Eoin Ó Broin


172. Deputy Eoin Ó Broin asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of Irish SMEs that have a subsidiary in Canada. [19064/21]

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Written answers (Question to Enterprise)

It is estimated that of the more than 400 Enterprise Ireland client companies that actively export to the Canadian market, approximately 60 companies have established direct presences in Canada. These 60 companies are estimated to employ more than 5,000 people in Canada.

In supporting Enterprise Ireland client companies on their export journey, its International Sales and Partnering Division (across Enterprise Ireland’s 40 overseas office locations), is engaged with companies with the primary objective of driving the growth of exports and ultimately jobs in Ireland.

In general, exporters use a variety of models to target and serve international markets, including establishing direct presences, and by working with market partners including agents, distributors, resellers and channel partners. Depending on the model, a local presence may necessitate the establishment of a subsidiary (or other incorporation), for which EI provides signposting support to suitable advisory partners for client companies in each market.