Achieving scaled company growth while remaining headquartered in Ireland is the single biggest challenge facing Irish companies. To achieve sustainability in an increasingly competitive global environment, Irish companies need to scale regardless of their age or sector.
This challenge was recognised in the Transforming Irish Industry 2005–2007 strategy. Building on the experiences gained during that period, Enterprise Ireland is fully committed to developing the scaling potential of Irish companies and is now actively engaging with them to achieve the scale required to compete aggressively in international markets. This is critical to establishing and driving longer-term growth and to evolving the structure of Irish industry.
In 2008–2010, driving scaled company growth will be a core Enterprise Ireland objective, with success measured by new sales threshold targets. Our Scaling Business Unit will remain dedicated to working with companies demonstrating the commitment to grow annual sales to significant thresholds.
Strategic targetTo drive the focus on global company growth we are introducing targets for the number of Enterprise Ireland client companies with significant annual global sales.
By supporting greater numbers of clients in surpassing the global sales targets we will be addressing the greatest challenge facing Irish industry, and providing for an evolution in its structure. |
Enterprise Ireland will:
