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Departmental Data

Dáil Éireann Debate, Tuesday - 17 October 2023

Tuesday, 17 October 2023

Questions (195, 196)

Louise O'Reilly

Question:

195. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the breakdown and value of high potential start-up grants received by women-only founder companies, men-only founder companies, and mixed founder men-and-women companies, for the period between 2017 and 2022, in tabular form. [44773/23]

View answer

Louise O'Reilly

Question:

196. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment in relation to Enterprise Ireland press release (details supplied) it mentions there were 10 pre-High Potential Start-Ups in 2022; and if he will clarify the funding type for these ten companies and the breakdown of women-only founder companies, men-only founder companies and mixed founder men-and-women companies [44774/23]

View answer

Written answers

I propose to take Questions Nos. 195 and 196 together.

The attached table provides a breakdown of the grants awarded by Enterprise Ireland under New Frontiers, High Potential Start Ups and the Pre-Seed Start Fund (formerly Competitive Start Fund).

In relation to the Pre-Seed Start Fund (PSSF), this commenced in Q4 of 2022. In 2022 prior to the official launch of PSSF, 10 pre-HPSU companies were awarded an investment of a €50k Convertible Loan Note (CLN), of which 5 were female founded.

New Frontiers

Female

2017

2018

2019

2020

2021

2022

2023

No of successful applicants P2

47

46

60

60

41

58

22

Euro Value

705,000

690,000

900,000

900,000

615,000

870,000

330,000

No of successful applicants P3

n/a

n/a

0

13

11

3

12

Euro Value

n/a

n/a

0

97,500

82,500

22,500

90,000

Male

2017

2018

2019

2020

2021

2022

2023

No of successful applicants P2

122

126

108

99

117

98

33

Euro Value

1,830,000

1,890,000

1,620,000

1,485,000

1,755,000

1,470,000

495,000

No of successful applicants P3

n/a

n/a

2

25

17

5

16

Euro Value

n/a

n/a

15,000

187,500

127,500

37,500

120,000

TOTAL

2017

2018

2019

2020

2021

2022

2023

No of successful applicants P2

169

172

168

159

158

156

55

Euro Value

2,535,000

2,580,000

2,520,000

2,385,000

2,370,000

2,340,000

825,000

No of successful applicants P3

n/a

n/a

2

38

28

8

28

Euro Value

n/a

n/a

15,000

285,000

210,000

60,000

210,000

HPSU

Female

2017

2018

2019

2020

2021

2022

No. of successful applicants

25

18

19

19

24

34

Euro Value

5,855,000

6,500,000

3,430,000

5,637,500

5,620,000

8,237,000

Male

2017

2018

2019

2020

2021

2022

No. of successful applicants

65

64

72

61

58

57

Euro Value

15,919,055

14,456,256

17,952,304

13,674,400

13,203,000

14,026,000

Combined

2017

2018

2019

2020

2021

2022

No. of successful applicants

90

82

91

80

82

91

Euro Value

21,774,055

20,956,256

21,382,304

19,311,900

18,823,000

22,263,000

(Women led HPSUs are defined as a HPSU where a woman holds a shareholding of 25% or greater in the company and has a strategic role with the company.)

PSSF

Female

2022

2023

No of Applicants

28

33

No. of Unique Applicants

n/a

31

No. of successful applicants

15

8

Euro Value

1,350,000

650,000

Male

2022

2023

No of Applicants

126

87

No. of Unique Applicants

n/a

75

No of successful applicants

29

18

Euro Value

2,250,000

1,650,000

Total

2022

2023

No of Applicants

154

120

No. of Unique Applicants

n/a

106

No. of successful applicants

44

26

Euro Value

3,600,000

2,300,000

Pre-seed

Female

2022

No. of successful applicants

5

Euro Value

250,000

Male

2022

No of successful applicants

5

Euro Value

250,000

Total

No. of successful applicants

10

Euro Value

500,000

Competitive Start Fund (CSF)

Female

2017

2018

2019

2020

2021

2022

No. of CSF Calls

8

9

4

3

4

1

No. of Applicants

135

113

101

23

No. of successful applicants

41

12

22

20

16

5

Euro Value

2,050,000

600,000

1,100,000

1,000,000

800,000

250,000

Male

2017

2018

2019

2020

2021

2022

No. of CSF Calls

7

3

2

3

1

No. of Applicants

158

165

164

40

No. of successful applicants

50

44

14

26

27

11

Euro Value

2,500,000

2,200,000

700,000

1,300,000

1,350,000

550,000

Combined

2017

2018

2019

2020

2021

2022

No. of CSF Calls

8

9

Question No. 196 answered with Question No. 195.
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