Oireachtas Joint and Select Committees

Wednesday, 25 October 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Engagement with Chairperson of Enterprise Ireland

Mr. Michael Carey:

The Deputy is right; domestic businesses are an important part of the economy. Enterprise Ireland's primary focus is on exporting businesses and businesses that can potentially get to that stage. There is a limit to the extent of the support that can be provided elsewhere. That said, a lot of those businesses have the potential to become more significant in scale and will start on the journey of exporting. The LEO structure is effectively there to support that cohort of businesses. As the Deputy said, we need to constantly review and question it. I mentioned in the opening statement that we are starting a process of reviewing our strategy and the aspect of how best to support that early stage - microbusinesses - will be a part of that process.