The “Succeed in Ireland” initiative has been in existence since March 2012. The initiative launched by the government, is managed by IDA Ireland and executed under contract by Connect Ireland.
Connect Ireland on IDA’s behalf, markets, promotes and implements the ‘Succeed in Ireland’ initiative in the international marketplace. Under the contract, operational arrangements between Connect Ireland and IDA work to convert potential leads identified by ‘Connectors’ into investments and job creation in Ireland.
Up to 15 July there have been 20 projects approved by IDA under the initiative that have the potential to create 498 jobs.
Under the agreed terms of the ‘Succeed in Ireland’ initiative contract Connect Ireland have covered all start-up costs associated with their establishment. The scheme provides a financial reward of up to €4,000 excluding VAT to Connect Ireland / Connectors per sustainable job created. Payments will be made on a phased basis by IDA Ireland on behalf of the Government for each sustainable job in place for a period of over 2 years. As we have yet to reach that period of time for any of the projects approved to date there have been no payments made under the initiative by IDA Ireland.