Oireachtas Joint and Select Committees
Wednesday, 10 May 2023
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Engagement with the Department of Enterprise, Trade and Employment
Simon Coveney (Cork South Central, Fine Gael) | Oireachtas source
If we look at Enterprise Ireland's future direction in terms of scaling, we are commencing a pilot programme focused on building supports for very high-potential scaling companies. We are driving several top, high-potential early-stage companies through seed and venture funds and direct, pre-seed and seed investment endeavours. We are focusing on accessing the ability to increase the number of large companies to avail of the funding opportunities with a view to increasing the pipeline by 50% by 2030. We have, therefore, set some pretty ambitious targets. We effectively want to increase the number of high-potential scaling companies by 50% over the next six and a half years.
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