Presentation on theme: "DRAFT. Enterprise Ireland The Governments lead agency in the development of global Irish companies Mission: To accelerate the development of world-class."— Presentation transcript:
Enterprise Ireland The Governments lead agency in the development of global Irish companies Mission: To accelerate the development of world-class Irish companies Unique networks, access to expertise at home and abroad Business Development International Sales and Marketing Technology / Productivity Management Development VC – equity investments
Seed and VC Schemes Full risk sharing Irish VC must invest double our funds into Ireland they identity the attractive companies 1995 3 Irish VC funds, 2007 there were 19 37 international VC’s invested in our clients since 2010
GEM report 2010 The rate of early stage entrepreneurial activity in Ireland continues to be one of the highest within Europe. Minister Bruton said: ‘Government does not create jobs, growing businesses do, and the key role of government is to create the environment where those dynamic businesses can establish and thrive.
Ecosystem development Driven by needs of IDA and EI Entrepreneurial Education Commercialize University R&D internationally seasoned lawyers, tax accountants, patent lawyers standard internationally Ts & Cs Supports overseas entrepreneurs to setup in Ireland 3 of the top 8 EU incubators are in Ireland – Kauffman fellows report
Innovation Fund Ireland (IFI) 250m / USD$ 350-400 Drive the engagement of internationally seasoned limited partners We require the equivalent of our commitment to be invested in Irish companies or companies with significant operations in Ireland Ireland has always promoted an wide international interaction into our small open company and the VC sector is no different Compliment domestic VC investments Dogpatch (Polaris) and DFJ sprite are active
David Smith SVP (Telecoms/Wireless) Enterprise Ireland Silicon Valley Office 800 West El Camino Real, Suite 420, Mountain View, CA 94040, USA Tel+1 (650) 294-4082 Cell+1 (650) 283 6369 Email firstname.lastname@example.org@enterprise-ireland.com Web/bloghttp://americas.enterprise-ireland.comhttp://americas.enterprise-ireland.com LinkedIn http://www.linkedin.com/in/davidivorsmithhttp://www.linkedin.com/in/davidivorsmith Twitter https://twitter.com/Davidivorsmithhttps://twitter.com/Davidivorsmith Facebookhttp://www.facebook.com/DavidIvorSmithhttp://www.facebook.com/DavidIvorSmith Please note my new address and office phone number effective from May 1st 2010 The core mission of Enterprise Ireland is to accelerate the development of world-class Irish companies to achieve strong positions in global markets resulting in increased national and regional prosperity.