Oireachtas Joint and Select Committees

Wednesday, 22 March 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Start-up and Scaling Environment in Ireland: Discussion

Mr. Brian Caulfield:

Regarding the hubs, one of the most important things to understand is you cannot always decide where a hub or cluster will start. It is incredibly important to ensure there is an appropriate process to identify emerging clusters from the data, rather than seeking to create those clusters. It is clear that there are some extremely successful clusters. I am thinking of Galway, for example, where a really impressive medtech cluster is emerging. That also highlights the value foreign direct investment, FDI, brings to the wider ecosystem over time.

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