Presentation to NAPD Further Education Conference. Tom Hayes Manager Micro Enterprise and Small Business Division.
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1 Presentation to NAPD Further Education Conference Tom Hayes Manager Micro Enterprise and Small Business Division April 15 th 2015
2 Enterprise Ireland Enterprise Ireland partners with entrepreneurs, Irish businesses, and the research and investment communities to develop Ireland s international trade, innovation, leadership and competitiveness The ultimate objective is increased exports, employment and prosperity in Ireland.
3 Who we work with High Potential Start-up s Entrepreneurs starting companies with an ability to compete in world markets Established SME s Manufacturing & Internationally Traded services companies employing ten or more Multinationals Irish-based food and natural resource companies that are overseas owned or controlled Scaling Ambitious co s with the ability to scale & achieve significant success Potential Exporters Established SME s currently focussed on the domestic market who have the ambition to export Research Community Developing links with Irish enterprise, MNCs to support research collaboration, commercialisation of publicly funded research, and access to FP7, ESA
4 IRISH BUSINESS DELIVERS IN 2014 unprecedented level of jobs for Ireland
5 Irish Business Delivers: +8,476 Net New Jobs Created 180,072 Total Employment in Enterprise Ireland assisted companies at end ,000+ Direct and indirect jobs in the Irish economy
6 Exports 17bn % +3% +14% +7% +4% +9% +19%
7 Growth across all sectors
8 World-class eco-system Proven mentors, professional advisors and International Accelerators
9 Funding - for all stages
10 The things that made Ireland great still exist Doors are open for Ireland in international markets Irish innovation is changing the lives of ordinary people all over the world everyday
11 Tell stories of Irish success Irish software powers visitor access control points at the Houses of Parliament in London, (Irish software company TDS) Software developed by Saadian helps the British police to know when prisoners are being released Irish eye recognition software is used by the FBI at their border control points (Daon)
12 Irish technology company PixAlert, protects data and identity of global corporations Technology developed by Trusdev, verifies identities of millions of online customers worldwide Technology developed by Zutec was used to build an Asset and Snagging Register in the construction of The Shard, London
13 First ever, solar-powered, climate-controlled football stadium Qatar 2022 World Cup Mercury Engineering in Dublin
14 Radissens Diagnostics in Cork First to enable blood analysis aboard the European Space Station
15 Irish medical device companies lead the world in innovation, quality and performance. Aerogen developed the world s first aerosol vaccination device
16 Positive Economic Signs The economy is growing again Fastest growing economy in Europe Government, Banks and Utilities securing funding at market rates Jobs are being created again 84,000 new jobs created Unemployment rate down from 15.1% to 10% Services sector grew at the fastest rate in 6 years last month New export orders grew last month for the 40 th consecutive month Debt levels reducing Confidence returns particularly in tourism and retail Challenges still exist
17 Ireland s underlying strengths According to the World Bank s Ease of Doing Business Index Ireland ranks 15th out of 185 economies in terms of ease of doing business, making it the highest ranked euro area country, and the 4 th highest ranked country in the European Union. According to the IMD World Competitiveness Report Ireland is. 1 st for openness to foreign investors 1 st for investment incentives (attractive to foreign investors) 1 st for flexibility and adaptability of workforce 1 st for attitudes towards globalisation 2 nd for unit labour costs in manufacturing sector (% change) 3 rd for availability of skilled labour 4 th for labour productivity 6 th for percentage of population with 3rd level education
18 How we helped Irish business to deliver in 2014:
19 Start 1,000 (approx.) started with EI and LEO support 183 new businesses established with our financial support 102 were HPSUs 137 entrepreneurs honed their business ideas on the New Frontiers programme 11 new businesses spun-out from third level 10 mobile entrepreneurship projects won for Ireland 43 new businesses were established by ambitious business women, 18 of them were HPSUs Significant progress on transition of CEBs to LEOs LEOs First stop shop and key to Enterprise eco-system Commenced work on Regional Enterprise Strategies LEO
20 Innovate We continued to shape and develop Ireland s research capabilities to meet business needs by: Driving the highest level of collaborations ever (871) between Irish companies and Irish Higher Education Institutes Helping Ireland to achieve the highest success rate in Europe under Horizon 2020 (in the first results under the SME funding instrument) Launching Knowledge Transfer Ireland First ever national Innovation Showcase Helping 25 Irish companies secure 8.5m in contracts with the European Space Agency delivering sophisticated technologies and products
21 Scale We invested in the international growth strategies of 412 Irish companies
22 Scale cont d We built in-company capability to scale: Worked with 600+ companies to develop their leadership capability Introduced new innovations in building leadership capability Platform 4 Growth Innovation 4 Growth 400+ companies benefited from Mentor Assistance
23 Anticipate We helped our clients anticipate and respond to growth opportunties: +2 New Technology Centres to support the pharmaceutical manufacturing and financial services sectors 15 Technology Centres in total across all major industry sectors Delivered market-led response to the research commercialisation needs of 339 companies e.g. creation of 20 jobs by SQS using technology from the IVI Technology Centre Continued focus on High Growth Markets Added new Pathfinders extending access to 55 countries worldwide
24 EI Initiatives on Tech Skills A shortage of tech skills is ongoing challenge for tech sector 600 indigenous companies delivering double digit growth Access to top tech talent crucial to maintain growth/jobs Web portal - It s happening here.ie Social media campaign to attract software professionals Single website portal to attract international technical talent EI input to Springboard and ICT Conversion courses
25 Manufacturing Innovative manufacturing companies in sectors such as Lifesciences, Engineering, Cleantech and Electronics make a significant contribution to economic growth and job creation Skills shortages facing manufacturing industry Precision engineering Programme developed in conjunction with Limerick IOT Similar efforts to bring together companies involved in: - Metal Fabrication - Tool and Mould making - Mechanical and electrical assembly Technology Centres around the country to assist the growth of manufacturing industry
26 Summary strategy for 2015 in relation to skills: Continue to identify the skills requirement of EI clients Influence the supply of skills at both regional and national level Work with companies to develop a culture of building sustainable formal and informal relationships with their local colleges, as is done successfully by German Mittelstand companies Continue to assist companies with issues in relation to Visas/Work Permits Ensure companies are aware of government employment programmes to enable them to access potential employees off the Live Register
27 Client Management Development Programmes Leadership4 Growth Innovation4 Growth Platform4 Growth International Selling Programme Graduate for International Growth Export Ready Excel at Export Selling Finance4 Growth Mentoring
28 Global Office Overseas Network etwork North America Boston New York Silicon Valley Toronto Texas SEMEALA Dubai Madrid Mexico Milan Riyadh Sao Paulo Johannesburg Western Europe Amsterdam Brussels Glasgow London Paris Düsseldorf CEERN Budapest Moscow Prague Warsaw Stockholm Turkey Asia-Pacific Beijing Guangzhou Hong Kong Singapore Kuala Lumpur New Delhi Seoul Shanghai Sydney Tokyo
29 Thank you and happy to respond to any questions. Tom Hayes
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