Enterprise Ireland’s International Investor Forum in London on 2 November 2011

Irish companies showcase investment opportunities to international investors

Over 120 venture capital, corporate and other investors from North America, Britain, mainland Europe, Middle East and Asia are attending the Enterprise Ireland International Investor Forum in London today (Wednesday 2 November 2011), to meet 25 Irish companies from a variety of sectors including Financial Services, Cleantech, Software and Lifesciences.  The forum is aimed at getting new investment to fund the ambitious development plans of these companies supporting continued economic growth and job creation.  The new investment is being sought on the basis of syndicated investment between Irish and International VCs. 

This is the fourth year the event is taking place.  The day-long event sees 25 Irish companies make their pitches to the international investors and leading Irish VC firms, as well as taking part in over 160 pre-arranged meetings to explore investment opportunities.  It also connects the Irish VC community with possible co-investors globally.

Feargal Ó Móráin, Enterprise Ireland’s Director for Investment and Innovation said: ‘There is a wide spread of international investors from the Far East, The Gulf States, Mainland Europe, The UK and North America attending the Investor Forum.  This confirms the high level of interest among international VCs in the many high quality internationally focused growth companies now emerging out of Ireland’.  He also highlighted the new Enterprise Ireland €10million International Start-Up Fund aimed at encouraging overseas entrepreneurs to locate their start-up businesses in Ireland, launched last week by the Minister for Jobs, Enterprise and Innovation, Richard Bruton TD. 

His Excellency Bobby McDonagh, Ambassador of Ireland to UK, said: ‘Today’s International Investor Forum here in London, provides a unique opportunity to showcase exciting investment opportunities in 25 young high growth Irish companies.  These companies illustrate the vibrant international focus of the growth sectors of the Irish economy and exemplify why Ireland continues to be a very attractive location for international investment’.

ENDS

For further information contact: 

Eileen Banks
Enterprise Ireland,
Press Officer

Eileen Banks
 01 7272805
087 2445814