Enterprise Ireland

Enterprise Ireland is the Irish government agency dedicated to supporting the development and growth of Irish enterprises in global markets. Its primary mission is to help indigenous businesses innovate, compete, and expand internationally, thereby contributing significantly to Ireland's economic prosperity and job creation. Operating from Dublin, the agency provides a comprehensive suite of supports, including funding, management development, and access to international networks, targeting companies with high growth potential, particularly those focused on export.

The agency's funding mechanisms are diverse, extending beyond traditional venture capital to include various grant schemes, equity investments, and co-investment partnerships. Key programs include the Competitive Start Fund (CSF), designed for early-stage startups, and the High Potential Start-Up (HPSU) program, which supports companies with the ambition and capability to achieve significant global sales. Enterprise Ireland often acts as a co-investor alongside private venture capital funds, de-risking investments and attracting further private capital into promising Irish businesses. Their strategic approach ensures that funding is coupled with expert guidance and mentorship.

Enterprise Ireland's impact on the Irish economy is substantial. In 2023, client companies supported by Enterprise Ireland achieved record exports of €32.1 billion, demonstrating the agency's success in fostering globally competitive businesses. Furthermore, these companies created 10,816 net new jobs in 2023, bringing total employment in Enterprise Ireland-backed firms to 225,495. The agency's direct investments are crucial for early-stage innovation, with 125 High Potential Start-Ups receiving a total of €28.8 million in funding in 2023, underscoring their commitment to nurturing the next generation of Irish industry leaders.