As part of its portfolio of supports, Enterprise Ireland provides support for High Potential Start-Up (HPSUs), defined as new 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.
The information requested is presented in the following table.
|
Year
|
No. of HPSUs approved
|
Jobs Created Permanent Full Time
|
Jobs Created Other
|
Additional Exports
€
|
Total Payments from year approved as HPSU to 21/07/17
€
|
|
2015
|
105
|
486
|
136
|
14,769,000
|
* 18,347,883
|
|
2016
|
101
|
154
|
25
|
7,337,000
|
15,835,356
|
|
2017
|
39
|
-
|
-
|
-
|
1,366,539
|
|
Grand Total
|
245
|
640
|
161
|
22,106,000
|
35,549,778
|
Notes:
Jobs Created: Based on Job Numbers per Annual Employment Survey (AES). 2017 employment will not be available until 2018 when the Annual Employment Survey is complete.
Exports: Based on exports per Annual Business Review (ABR). 2017 exports will not be available until 2018 when the Annual Business Review survey is complete.
Payments: Based on payments made for all grant types from year achieved to 21 July 2017. It takes time for companies to receive their first payment after being approved for funding by EI.
*Note: The reply to PQ 34733/17 provides a different figure for payments for 2015. Enterprise Ireland confirms that €18,347,883 is the correct figure for 2015.
