Written answers
Tuesday, 17 October 2023
Department of Enterprise, Trade and Employment
Departmental Data
Louise O'Reilly (Dublin Fingal, Sinn Fein)
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192. To ask the Minister for Enterprise, Trade and Employment further to Parliamentary Question Nos. 204 of 26 January, 2023, 1884 , 584 and 585 of 11 September 2023, the reason data on mixed founders, a company with a mix of a male and female founders, is not readily available; if he will provide the definition used by his Department of a female founder in the tabular data provided; and if he will provide the data start-ups with female-only founder teams. [44770/23]
Louise O'Reilly (Dublin Fingal, Sinn Fein)
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193. To ask the Minister for Enterprise, Trade and Employment further to Parliamentary Question Nos. 204 of 26 January, 2023, 1884 , 584 and 585 of 11 September 2023,, in relation to venture capital funding, if he will confirm the definition of 'female decision maker', 'female founded' and 'female led' businesses; and if he will provide the data in relation to companies with female only founders in addition to companies whose founder include a female. [44771/23]
Louise O'Reilly (Dublin Fingal, Sinn Fein)
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194. To ask the Minister for Enterprise, Trade and Employment further to Parliamentary Question Nos. 204 of 26 January 2023, 1884 , 584 and 585 of 11 September 2023, the reason the details on the number of applications for all programmes is not recorded aggregated by gender as this data can provide useful insights; if the data on applicants is aggregated by gender if this information can be provided over the past five years in tabular form; and if not, the reason that is the case. [44772/23]
Louise O'Reilly (Dublin Fingal, Sinn Fein)
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195. To ask the Minister for Enterprise, Trade and Employment the breakdown and value of high potential start-up grants received by women-only founder companies, men-only founder companies, and mixed founder men-and-women companies, for the period between 2017 and 2022, in tabular form. [44773/23]
Louise O'Reilly (Dublin Fingal, Sinn Fein)
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196. To ask the Minister for Enterprise, Trade and Employment in relation to Enterprise Ireland press release (details supplied) it mentions there were 10 pre-High Potential Start-Ups in 2022; and if he will clarify the funding type for these ten companies and the breakdown of women-only founder companies, men-only founder companies and mixed founder men-and-women companies [44774/23]
Neale Richmond (Dublin Rathdown, Fine Gael)
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I propose to take Questions Nos. 195 and 196 together.
The attached table provides a breakdown of the grants awarded by Enterprise Ireland under New Frontiers, High Potential Start Ups and the Pre-Seed Start Fund (formerly Competitive Start Fund).
In relation to the Pre-Seed Start Fund (PSSF), this commenced in Q4 of 2022. In 2022 prior to the official launch of PSSF, 10 pre-HPSU companies were awarded an investment of a €50k Convertible Loan Note (CLN), of which 5 were female founded.
New Frontiers
| Female | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| No of successful applicants P2 | 47 | 46 | 60 | 60 | 41 | 58 | 22 |
| Euro Value | 705,000 | 690,000 | 900,000 | 900,000 | 615,000 | 870,000 | 330,000 |
| No of successful applicants P3 | n/a | n/a | 0 | 13 | 11 | 3 | 12 |
| Euro Value | n/a | n/a | 0 | 97,500 | 82,500 | 22,500 | 90,000 |
| Male | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| No of successful applicants P2 | 122 | 126 | 108 | 99 | 117 | 98 | 33 |
| Euro Value | 1,830,000 | 1,890,000 | 1,620,000 | 1,485,000 | 1,755,000 | 1,470,000 | 495,000 |
| No of successful applicants P3 | n/a | n/a | 2 | 25 | 17 | 5 | 16 |
| Euro Value | n/a | n/a | 15,000 | 187,500 | 127,500 | 37,500 | 120,000 |
| TOTAL | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| No of successful applicants P2 | 169 | 172 | 168 | 159 | 158 | 156 | 55 |
| Euro Value | 2,535,000 | 2,580,000 | 2,520,000 | 2,385,000 | 2,370,000 | 2,340,000 | 825,000 |
| No of successful applicants P3 | n/a | n/a | 2 | 38 | 28 | 8 | 28 |
| Euro Value | n/a | n/a | 15,000 | 285,000 | 210,000 | 60,000 | 210,000 |
HPSU
Female | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| No. of successful applicants | 25 | 18 | 19 | 19 | 24 | 34 |
| Euro Value | 5,855,000 | 6,500,000 | 3,430,000 | 5,637,500 | 5,620,000 | 8,237,000 |
| Male | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| No. of successful applicants | 65 | 64 | 72 | 61 | 58 | 57 |
| Euro Value | 15,919,055 | 14,456,256 | 17,952,304 | 13,674,400 | 13,203,000 | 14,026,000 |
| Combined | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| No. of successful applicants | 90 | 82 | 91 | 80 | 82 | 91 |
| Euro Value | 21,774,055 | 20,956,256 | 21,382,304 | 19,311,900 | 18,823,000 | 22,263,000 |
(Women led HPSUs are defined as a HPSU where a woman holds a shareholding of 25% or greater in the company and has a strategic role with the company.)
PSSF
| Female | 2022 | 2023 |
|---|---|---|
| No of Applicants | 28 | 33 |
| No. of Unique Applicants | n/a | 31 |
| No. of successful applicants | 15 | 8 |
| Euro Value | 1,350,000 | 650,000 |
| Male | 2022 | 2023 |
| No of Applicants | 126 | 87 |
| No. of Unique Applicants | n/a | 75 |
| No of successful applicants | 29 | 18 |
| Euro Value | 2,250,000 | 1,650,000 |
| Total | 2022 | 2023 |
| No of Applicants | 154 | 120 |
| No. of Unique Applicants | n/a | 106 |
| No. of successful applicants | 44 | 26 |
| Euro Value | 3,600,000 | 2,300,000 |
Pre-seed
| Female | 2022 |
|---|---|
| No. of successful applicants | 5 |
| Euro Value | 250,000 |
| Male | 2022 |
| No of successful applicants | 5 |
| Euro Value | 250,000 |
| Total | |
| No. of successful applicants | 10 |
| Euro Value | 500,000 |
Competitive Start Fund (CSF)
| Female | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| No. of CSF Calls | 8 | 9 | 4 | 3 | 4 | 1 |
| No. of Applicants | 135 | 113 | 101 | 23 | ||
| No. of successful applicants | 41 | 12 | 22 | 20 | 16 | 5 |
| Euro Value | 2,050,000 | 600,000 | 1,100,000 | 1,000,000 | 800,000 | 250,000 |
| Male | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| No. of CSF Calls | 7 | 3 | 2 | 3 | 1 | |
| No. of Applicants | 158 | 165 | 164 | 40 | ||
| No. of successful applicants | 50 | 44 | 14 | 26 | 27 | 11 |
| Euro Value | 2,500,000 | 2,200,000 | 700,000 | 1,300,000 | 1,350,000 | 550,000 |
| Combined | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| No. of CSF Calls | 8 | 9 |
Louise O'Reilly (Dublin Fingal, Sinn Fein)
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197. To ask the Minister for Enterprise, Trade and Employment for a list of the venture capital funds used by Departmental agencies over the past five years, and a breakdown of the funding provided to each VC fund, in tabular form. [44775/23]
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