Oireachtas Joint and Select Committees

Thursday, 23 March 2023

Public Accounts Committee

2021 Financial Statements of Enterprise Ireland: Discussion

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

Even an estimate of the figure. What are we looking at? From the State’s point of view, it is significant investment. Everyone is wondering and EI knows that. It is risky and we understand that. EI is competing and it is fairly vicious out there for new start-up companies. Is it generally, for example, a 70% survival rate or a 40% survival rate?