Enterprise Ireland
Annual Report and Accounts 2005
Annual Report and Accounts 2005
Enterprise Ireland’s new strategy focuses on growth. The creation and development of Irish-owned enterprises is essential in order to sustain and grow Ireland’s economy. Such businesses generate wealth and jobs for the country and boost the long-term level of innovation and entrepreneurship.
Enterprise Ireland helps to stimulate indigenous corporate growth by supporting high potential start-up companies and by helping to increase the number of small and medium sized enterprises (SMEs) that grow to scale, becoming large exporting companies.
Enterprise Ireland supports new business start-ups that operate in growth sectors, have a good competitive advantage in their markets and have the ability to become strong global businesses. This wide-ranging support includes: expert advice on company and market development; early stage funding; networking; training; on-campus support; incubator facilities; and the generation of sales opportunities.
In 2005, the High Potential Start-up team in Enterprise Ireland focused on enhancing its client support and on strengthening co-ordination of that support with other teams in Enterprise Ireland. Three priorities were identified: stimulate more start-ups of high quality, particularly in the regions outside Dublin; intensify work to help companies succeed through the critical first three years; increase the number of start-ups that achieve sales of greater than €5 million and have the potential to achieve scale.
