Irish Independent

Start-ups supported by Enterprise Ireland in 2016

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✱ 101 new high potential start-ups (HPSUs) - start-up businesses with the potential to create 10 jobs and €1m in sales within three to four years of starting up

✱ 128 new Competitiv­e Start Fund (CSF) projects.

✱ Over a quarter (28%) were femaleled businesses, including 19 new HPSUs and 44 new CSF investment approvals – up from a total of 61 in 2015

✱ Over half (53%) the start-ups supported during 2016 were in regions outside of Dublin

✱ Investment in seven new fintech HPSUs and a further 10 fintech start-ups were supported under a dedicated CSF fund

✱ 15 spin-out companies from higher education institutio­ns supported

✱ 33 new start-ups establishe­d by overseas entreprene­urs who have moved to Ireland to establish their businesses, including entreprene­urs from Russia, Europe and the US.

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