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Enterprise Ireland July 2012 -An Overview – Corporate Slide deck

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Enterprise Ireland. July 2012. An Overview – Corporate Slide deck. What is Enterprise Ireland’s purpose ? What is the Economic Impact of Enterprise Ireland Clients? Ho do we help businesses start, grow and internationalise? - PowerPoint PPT Presentation

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  • Enterprise IrelandJuly 2012An Overview Corporate Slide deck

  • What is Enterprise Irelands purpose ?

    What is the Economic Impact of Enterprise Ireland Clients?

    Ho do we help businesses start, grow and internationalise?

    What is Enterprise Irelands role in the commercialisation of research?

    How do we in Enterprise Ireland work together to help clients grow?

    What are Enterprise Irelands Governance/ Resourcing and Strategies?

  • What is Enterprise Irelands Purpose ?

  • Irish owned enterprisePolicy analysisand adviceInward Investment

  • Enterprise Ireland MissionEnterprise Ireland partners with entrepreneurs, Irish businesses, and the research and investment communities to develop Irelands international trade, innovation, leadership and competitiveness The ultimate objective is increased exports, employment and prosperity in Ireland.

  • Agency Public Purpose Driver of Job Creation, Innovation and Economic Development

    Anticipates and accelerates change Proactive catalyst for change

    Servant of the elected Government and democratic system

    Steward of public resources accountable to tax payers

    Focus on impacts and achievements

    Innovative and cando approach

  • Who we work withEntrepreneurs starting companies with an ability to compete in world marketsAmbitious cos with the ability to scale & achieve significant successManufacturing & Internationally Traded services companiesemploying ten or moreIrish-basedfood and naturalresource companies that are overseas owned orcontrolledScalingEstablished SMEsMultinationalsPotential ExportersEstablished SMEs currently focussed on the domestic market who have the ambition to exportDeveloping links with Irish enterprise, MNCs to support research collaboration, commercialisation of publicly funded research, and access to FP7, ESAResearch Community

  • Client Company Examples

  • Enterprise Ireland works withEnterprise IrelandIDACEBs.Internationally Trading Businesses throughout the economy

  • Enterprise Irelands Core Message As businesses, agencies, individuals and a nation we must continuously evolve, learn and innovate in order to differentiate our products and services in the Global marketplace, so that customers throughout the world will buy much more from Irelands businesses and so lead to increased and sustained employment and incomes.

  • Enterprise Ireland where Innovation means Business

    Small Open Economy - Global Trade as % of national income

    Ireland ranked 29 overall out of 142 countries in The Global Competitiveness Report 2011-2012 Product and service differentiation is key to growth, and so indigenous innovative capabilities throughout the economy is critical

  • Innovation Driven - Developed Economy Focused on:

    Creating and sustaining jobs in Ireland New entrepreneurs and start-ups Expansion into existing markets Entry into new high growth markets Trade Missions Continuous competitiveness improvements Lean, costs Investing in research and development Promoting procurement opportunities Importance of the Diaspora and working to build Irelands confidence and reputation abroad

    A New Era in Economic Development

  • Our strategic partners in accelerating indigenous growth and innovation include.

  • Enterprise Ireland as Growth Catalyst within Business Innovation Networks Enterprise IrelandInvestorsResearchersInfrastructures BuyersCompanies Influencers

  • What is the Economic Impact of Enterprise Ireland Clients?

  • Its about Jobs & Economic ImpactSource: ABSEI 2010, Forfs Employment Survey 2011

  • 2002 2011 Total Employment 174,188 Total Employment 162,692 Sectoral Employment in Irish Owned CompaniesSource: Forfs Employment Survey 2011

  • Enterprise Ireland Client Exports reached record levels in 2011Client Exports 2011Source: Enterprise Ireland Annual Reports; 2003-2011

  • Growth in R&D performance of EI client companies100k R&D Spend2m R&D Spend

    Source: Enterprise Ireland Annual Reports; 2005-2011

  • Client Exports 2011 by Major Sector

    Food remains Irelands most important indigenous sector

    Growing importance of Internationally Traded Services Source: ABSEI 2011

    TOTAL Employment

    47756

    41939

    72997

    Internationally Traded Services (including Software) 26%

    Food 29%

    Non-Food Manucaturing 45%

    Data - Total Employment

    FT&PT EmploymentSector

    47756Food, Drink & Tobacco

    41939Internationally Traded Services (including software)

    72997Non Food Manufacturing

    162692Total

    Chart1

    8222299.68

    2652902.41

    4329658.44

    Data - 2011 Exports

    Total Exports (i.e. Exports + Sales to Irish Dairy board)

    20102011

    Sectoral Department000's000's

    Food

    Food Technology, Beverages, Dairy & FDI4,418,4014,822,996

    Consumer Food, Horticulture & Seafood874,661930,579

    Primary Meats2,176,8652,468,725

    Total Food7,469,9278,222,300

    of which HPSU4,6484,847

    of which Scaling15,55315,625

    Life Sciences, Electronics & Cleantech

    Cleantech and Electronics396,194471,657

    Life Sciences664,930679,782

    Total Life Sciences, Electronics & Cleantech1,061,1241,151,439

    of which HPSU7,86014,933

    of which Scaling159,831176,361

    Construction/Engineering & Consumer

    Construction and Timber1,404,7151,643,038

    Engineering762,611989,495

    Paper, Print & Packaging118,950130,768

    Consumer Retail Markets379,190414,919

    Total Construction/Engineering & Consumer2,665,4663,178,220

    of which HPSU14,56531,240

    of which Scaling47,41955,860

    Internationally Traded Services

    Financial Services & New Services Prospecting736,680765,513

    Business and Consumer Services571,910648,687

    Education Services259,270276,277

    Total Internationally Traded Services1,567,8611,690,477

    of which HPSU29,33835,603

    of which Scaling168,794205,322

    Software & Public Procurement

    Finance & Enterprise Software456,263537,142

    TIME / Software404,146425,283

    Total Software & Public Procurement860,409962,425

    of which HPSU29,26442,122

    of which Scaling360,838424,034

    Total Client Base13,624,78715,204,861

    Food8,222,3000.5407678462

    Non-Food Manufacturing2,652,9020.1744772604

    Internationally Traded Services (Incl Software)4,329,6580.2847548934

    Data - 2010 IEE

  • Exports by Major SectorSource: Forfs /Enterprise Ireland Annual Business Review. Results are based on companies responding to the survey in 2011 (grossed up to reflect non-respondents). Results can vary from previous estimates due to revisions made by companies and differences in the profile of respondents from one survey period to the next.

    20102011Net Change 2010/2011% Change 2010/2011Food7,470m8,222m+ 752+10%Life Sciences, Electronics andCleantech1,061m1,151m+ 90+9%Construction, Engineering P&P, and Consumer Retail2,665m3,178m+ 513+19%Internationally Traded Services1,568m1,691m+ 123+8%Software860m962m+ 102+12%Total13,624m15,204m+ 1,580+12%

  • Client Exports 2011 by Destination UK remains our most important market

    Focus on BRIC (Brazil, Russia, India, China)Source: ABSEI 2011 (excludes sales to Irish Dairy Board)

  • Exports by Main Market AreaBreakdown excludes sales to the Irish Dairy Board

    20102011%+/-United Kingdom5,298m5,535m+4%Northern Europe1,821m2,157m+18%Southern Europe, Middle East &Africa1,573m1,706m+8%Germany, Central, Eastern Europe & Russia1,248m1,599m+28%USA & Canada1,449m1,684m+16%Latin America86.5m139m+61%Asia/ Pacific836m978m+17%Rest of World604m736m+22%Total13,634m15,204m+12%

  • Trade EnvironmentKey Markets

    World Growth

    BRIC Areas + Middle East

    Credit Availability and Terms

    Innovative Products and Services

    We Have To Value Our Own More !

  • Source: OECD Economic Outlook May 2012. *ForecastWorld Growth Rates May 2012Growth prospects for Irelands main trading partners revised downwards in 2012

    200720082009201020112012*2013*US1.90.0-3.53.01.72.42.6Eurozone2.90.4-4.31.91.4-0.10.9UK2.7-0.1-4.92.10.70.51.9China14.29.69.210.49.28.29.3Japan2.4-1.2-6.34.4-0.72.01.5Russia8.55.2-7.84.34.34.34.5Brazil6.15.2-0.67.62.73.24.2India9.96.26.810.67.37.17.7Ireland5.2-3.0-7.0-0.40.70.62.1

  • Enterprise Ireland Client Exports by Territory 2011* Breakdown by Territory excludes Dairy Board exports ** Rest of world includes overseas markets unspecified by clients

  • Export Growth by Sector : 20112011 Exports - 15.2bn : 12% Growth

  • How does Enterprise Ireland help businesses Start, Grow & Internationalise ?

  • Increasing International Exports and Sales Building Competitiveness Developing Leadership and Management Capability Investing in Research and Innovation Encouraging & promoting Entrepreneurship

    Supporting Irish companies to create jobs in Ireland by:

  • How we work with companies..Access Markets and connect with Buyers, Researchers & InvestorsDevelop Strategic Business PlansBuild Leadership and Management CapabilityAccess Finance to support Business PlansCreate Jobs, Increase Exports and Prosperity in Ireland

  • Challenging Clients & responding to meet their needs

    CompanyEI ResponseGOALSHave you a strategic Plan?

    CAPABILITYAre you capable of executing this plan?OPPORTUNITYRESOURCESHave you the required product ideas or/ and market contacts?Have you the cash required?EI OVERSEAS and RESEARCH NETWORKSEI FINANCIAL OFFERBANKS and VENTURE FUNDSEI MANAGEMENT DEVELOPMENT PROGRAMMESEI STRATEGY SUPPORT eg CHALLENGING, MENTORS etc

  • Key FeaturesFinanceProductionInnovationStrategicMarketingManagementSustainable Innovative Companies

  • ManagementInnovation Customer-centricStructured Innovation ProcessKey people as leaders: Driven, Ambitious and VisionaryBalanced management teamOpenness to external influencingBoard experience in emerging challengesCompetent in acquisitionsStrategicLeverage within value-chainRecurring, repeatable revenueSubstantial Business Plan Roadmap to scaleProductionHighly effective deliveryDeep production / operational competenceOutsourcing of non core activities Strong logistics management MarketingClear value proposition Quality customer list Knowledge of competitors Strong domain knowledge Avail of all channels to customersFinanceStrong financial controls Ideally profitable and cash positive Engaged in high margin activities Clear funding path for roadmap Willing to engage with investors & lendersSustainable Innovative Companies : Key Features

  • Journey of Innovative CompaniesR&DPre-Revenue Start UpEstablished SMEsLarge100m+20m+5m+O/seas Market DevelopmentProduct DevelopmentAcquisitionsCompetitivenessRestructuringInitial ExportingSuccession/New ownersAttracting Mobile Projects R&D Centres Lean and GreenLeadershipRestructuringPre RevenueEstablishing HPSUPre Scaling HPSUGrowthScalingSteadyNew EntrantsOverseasCollegeMBOs

  • Global Sectoral Team

    ClientDevelopment AdvisorMarket AdvisorTechnology TransferTechnology Development Advisor

  • Leadership and Management DevelopmentStrategicLeadership4 CFOsDriving International GrowthAccelerated Growth Programme

  • International Sales & Partnering

  • North AmericaBostonNew YorkSilicon ValleyToronto

    SEMEALADubaiMadridMexicoMilanRiyadhSao Paulo Johannesburg

    CEERN BudapestMoscowPragueWarsawStockholm

    Asia-PacificBeijing SeoulGuangzhou ShanghaiHong Kong Sydney Singapore TokyoKuala Lumpur New Delhi

    Western EuropeAmsterdamBrusselsGlasgowLondonParisDsseldorf

    Global Office Network

  • Market Research Centre

    An Enterprise Ireland service

    Enterprise Ireland invests in a wide range of market, sector and company information to assist clients seeking opportunities to grow their own business.

    We provide our clients with direct access to this global research, which is provided by some of the worlds leading market research companies.

    The service is supported by a team of experienced Information Specialists with:Research desks available during business hours at East PointRegional Access by appointment

    Market Research Centre

  • Market Research Centre

    Client Feedback

    An excellent way of getting market information otherwise beyond our reach

    We made an informed investment decision thanks to the reports accessed

    A very productive afternoon which validated a large chunk of our project

  • R&D SupportEU, FP7 and ESA access funding and research partners across EuropeApplied Research Enhancement Centres collaborate in clusters of companies and access equipment and technologyInnovation Partnerships up to 250,000 available for collaborative projects between companies and research teams in Higher EducationThe R&D Fund grants for inhouse R&D projects, small and large, and collaboration bonuses for company-to-company collaborationR&D Advocates Scheme Assistance to explore how R&D can help your business and help you get involved in R&DInnovation Vouchers - 5,000 for small companies to get innovative solutions to technical and business challengesTechnology Centres industry-led research in emerging technology sectorsHelping companies of all sizes to engage in Research and Innovation

  • *Summary Funding Offer 2012START-UPPRODUCTIVITYEXPANSIONCUSTOMISED INVESTMENT PACKAGESADVERTISED CALL for INVESTMENT PROPOSALSEXPLORING OPPORUNITIES* Not available to cos in receipt of Innovative Aid ** Not available to food companies supported by Bord Bia *** Not available to Large CompaniesFeasibility Study Strategic Consult* BAP Trade Fair MentorINNOVATIONFeasibility Study Innovation VoucherJob Expansion Going Global Graduates 4 Intl G

  • Key ConsiderationsEnterprise Ireland Financial Service SupportCompany Projects: New Product, New markets, Productivity ImprovementCompany StrategyReturn to Taxpayer, Economic Impact: Value for Money

  • Getting to Investor-readinessSupports for High Potential Start-Ups

  • EI Influence and Leadership

  • With Key Stakeholders, Policy and Decision Makers

    Thought-leadership RepresentationalEngagementLiaisonAdvocacyExpert OpinionInfluencingAdvisoryReputation ManagementPromotionalA Voice for our ClientsGovernment Action Plan on Jobs 2012Effective Collaboration

    Export GrowthJob CreationProcurementInternational Growth Sectors, Markets and Opportunities for Irish companies and EntrepreneursIrelands Entrepreneurial talent, skills and business strengths for international markets and MNCsClient company needs for sustainability, growth and successCommercialisationResearch and InnovationCompetitiveness and InfrastructureExpert Group on Future Skills

  • Driving Impact

    Outputs

    Financial approvalsStrategic workshopsManagement DevelopmentNew contractsBuyer introductionsSpin-outs/licencesImpacts

    Present FutureNew Exports HPSUsNew Jobs Scaling Sustained Jobs Business TransfersSmall Enterprises Innovative Capability Regional Dev and Sectoral ChangeActions

    Company Action Plans (CSS)Events/Workshops/ProgrammesIndustry-led researchResources

    StaffBudgetProcesses

  • What is Enterprise Irelands role in the Commercialisation of Research

  • What Enterprise Ireland Does Enterprise Ireland works in partnership with the research community to build on their technical capabilities and ensure that ideas with economic potential are brought to market.

  • Getting the System Working RightBuilding on the Research Investment

  • Enterprise Irelands Commercialisation ActivitiesInvesting in Commercialisation of Research Funding for proof of concept, technology development & advanced commercialisation investment.Business Partners Programme Introduction of seasoned entrepreneurs to intellectual property in the academic system so that they can facilitate its translation into viable Spinouts Technology Transfer OfficesFunding the University Technology Transfer system to be more professional and effectiveDevelopment of Institutes to Support Industry Supporting the applied research capability of the Institutes of Technology by developing centres of excellence in applied research for the benefit of enterprise Development incubation centres 16 Incubation centres up & running, employing over 1000 people.

  • EI Academic Enterprise CollaborationInnovation Partnerships InitiativeProvides support for Collaboration between companies and researchers in the third level sector Innovation Vouchers Voucher worth 5000 enables companies
  • Research Priorities

    Technology Centres: Food for Health Ireland (FHI) - Composites Materials Biorefining and Bio Energy - Microelectronics IT Innovation - Manufacturing Research (ICMR Ltd) Applied Nanotechnology - Innovation for Irelands Energy Efficiency I2E2 Learning Technologies - Financial Services Cloud Research prioritisation - Areas for future research investment: Future Networks and Communications; Data Analytics, Management, Security and PrivacyDigital Platforms, Content and Applications; Connected Health and Independent LivingMedical Devices; Diagnostics ; Therapeutics; Food for Health; Sustainable Food Production and Processing; Marine Renewable Energy; Smart Grids and Smart Cities; Manufacturing Competitiveness; Processing Technologies and Novel Materials; Innovation in Services and Business Processes

  • Economic Impacts of Commercialisation AUTM (U.S.), ASTP (European) Performance indicators for 2006 to 2009 per 100m PPP$

    Economic outputs from research: - 121 Technology Licences to Industry in 2011 31 Spin-out companies from Higher Education Institutes in 2011, 10 of which have received HPSU Status

    2008

    (US)

    2009

    (US)

    2007 Europe

    2008

    Europe

    2009 Ireland

    2010 Ireland

    Spin outs established

    1.2

    1.1

    2.9

    2.3

    4.6

    4.1

    Licences executed

    10.2

    9.9

    9.6

    7.6

    12.5

    12.2

    Invention Disclosures

    39.1

    37.7

    33

    27

    59

    55.8

    Patent applications

    36.8

    22.5

    13

    9.1

    19

    13.3

  • How do we in Enterprise Ireland work together to help clients grow

  • Agency Public Purpose Driver of Job Creation, Innovation and Economic Development

    Anticipates and accelerates change Proactive catalyst for change

    Servant of the elected government and democratic system

    Steward of public resources accountable to tax payers

    Focus on impacts and achievements

    Innovative and can do approach

  • Global Sectoral Team

    ClientDevelopment AdvisorMarket AdvisorTechnology TransferTechnology Development Advisor

  • Enterprise Irelands Teams working together to help clients growClients SectorsHPSUs/ ScalingRegionsCommercialisationCapability DevelopmentISDGAD/ CSUEvents Corporate Marketing/PRHRPolicy Finance

  • Global Sectoral teams Why? Shared Cross-Sectoral view of: Companies (Established, Scaling, HPSU, Large) Group Events Sectoral Strategies leading to action Who? Relevant DAs, MAs, Technologists, Commercialisation, etc. How? Periodic structured meetings to review key companies, group events, strategies Actions entered into CSS Action Plan Ongoing Engagement and Collaboration Led by Sectoral Department Manager

  • Global Sectoral Teams

    EducationTelecomsE-learningConstruction Asia/Pacific and AmericasLifesciencesEngineeringFinancial Services Business and Consumer ServicesI.M.E.Petfood/EquineCleantechConsumer & Retail

  • Client Engagement Model

    Prioritisation of clients as Tiers 1,2 &3 in terms of economic potential an Enterprise Ireland impact

    Translates to Enterprise Ireland Action Plans with Clients on CSS

    Through Global Sectoral Teams

  • Development AdvisorRole - To stimulate companies to grow, and to organise and provide supports to assist companies to grow, and so to increase employment and exports.

    What Objectives:To manage, develop and champion a portfolio of clients

    To manage the EI financial offer

    To develop, help implement and/or project manage Enterprise Irelands group/sectoral responses

    To challenge and influence the client

    To develop and articulate sectoral, sub-sectoral and cluster strategies

  • Market AdvisorRole To work with Irish client companies to support them achieve significant growth in their exports into relevant sector/market/region.

    What Objectives:

    To understand and promote the capability of individual Irish priority clientsTo address clients and related transaction requests for market information and analysisTo provide individual clients with introductions to targeted potential buyersTo project manage a market group eventTo build up and continuously qualify and expand contacts and networks of buyersTo discuss with priority clients and new market entrants their overall sale and marketing strategy

  • Technologist

    Role To work with client companies to stimulate their technology development.

    What Objectives:To carry out technical assessments and related due diligence on company proposalsTo provide technology and/or innovation knowledge, expertise and challenging inputTo help a client validate how proposed technology developments will impact on its growth and competitivenessTo provide R&D mentoring and introductionsTo input expertise into reviewing lean operations as to an efficient manner for the sectorTo input technology and innovation knowledge and expertise into the development of sectoral strategies and technology road-mapsTo encourage the development of collaboration of relevant networks

  • Way of sharing and shaping what we know and do

    Shared Diagnostics

    Six steps of engagement

    Shared Knowledge Store

    Signposts to Tools and Resources

    External and Internal Clients

    Content driven by Individual Business Units

    The EI way: Engaging with Clients - A Basic Framework -

  • Engaging with Clients

    Plan / Response

    Engage / Contact

    Listen to Issues & Goals

    Generate & Agree Actions

    Conclude & Exit

    Follow through & Review

  • EI Emerging Competency MapMarketingInnovationOperationsCommunicationCollaborationAnd TeamworkConsultingAnd InfluencingFinanceHRDStrategyAnalysis +Problem solvingExecutionProject Management

    Business ValuesClient/CustomerLearningIntegrityExcellence/ResultsNetworkingTeamwork

  • What is Enterprise Irelands Corporate Governance/ Resourcing and Strategy

  • Legislation

    Industrial Development Act 1998 Establishes Enterprise Ireland as a body corporate

    Industrial Development Act 1986 -2009 The Agency operates in accordance with the provisions of the Industrial Development Acts 1986 2009 and under the aegis of the Minister for Jobs, Enterprise and Innovation

    EU State Aids In addition to its own governing legislation, the agency is also required to comply with a range of other statutory (National & EU) and administrative requirements.

  • Establishment of Enterprise Ireland 199819941988

  • Roles of the Development Agencies in Driving Business Growth and Innovation CapabilitiesDevelopmentTrade SalesInnovative CapabilitiesIndustry-led programmesTechnology AssessmentsInnovative CapabilitiesTechnology Transfers

    IDAIrelandStrategySectoral DevelopmentMarketingInnovationOperationsAttract / root mobile plantsOverseas promotionIrish based Project ExecutivesHRDFinanceGlobal Mobile Projects

    SFIStrategySectoral Development College influenceMarketingInnovationMarket research?Support for researchersOperationsHRDFinanceGrants to researchersMarket- influenced college research investment

    Enterprise IrelandStrategyCompany Challenging

    Sectoral DevelopmentMarketingOverseas Network

    Sales contractsInnovationTechnologists Commercial-isationOperationsLeanHRDClient Mgt Dev

    DAsFinanceDirection of grants / equity / Seed Venture Capital / BanksStrategicBusiness Development

  • Enterprise Ireland Board

    Chairman

    10 Members

    Appointed by Minister for Jobs, Enterprise & Innovation, with the consent of the Minister for Finance

  • Committees

    Audit CommitteeInvestment Portfolio Review CommitteeRemuneration CommitteeSpecial Advisory CommitteeInnovation Fund Ireland CommitteeExecutive CommitteeInvestment CommitteeR&D Fund CommitteeSeed and Venture Capital Funds CommitteeThe Industrial Research and Commercialisation CommitteeJob Expansion Fund CommitteeGoing Global Fund Committee

  • Corporate Governance

    Freedom of Information Acts, 1997 & 2003Safety, Health and Welfare at Work Act, 2005Worker Participation (State Enterprise) Act, 1988Prompt Payment of Accounts Act, 1997Prompt Payment to Suppliers, Rule 2011Ethics in Public Office Act, 1995Data Protection Acts, 1988 & 2003Employment Equality Acts, 1998 & 2004Official Languages Act 2003Swift 3000:2010 Code of Practice for Corporate Governance Assessment in IrelandEnvironmental Policy StatementDisclosure Policy on Payments and Investments

  • Our Organisation Structure

  • Enterprise Ireland Staffing Structure

    Supporting High Potential Start-upsHPSU Equity/VC

    Supporting Exporting Businesses

    Internationalisation O/seas NetworkMarket Development/MissionsGlobal PurchasingCapabilitySectoral teams ScalingCompetitiveness/LeanClient management development/mentoringGrants adminCommercial Evaluation

    Driving Commercialisation and Innovative Capability FP7 Commercialisation Teams Innovative Programmes R&D/Technology Transfer Shannon Labs/Environmental Services

    Supporting Small Business Micro-enterprise and Small Business Potential Exporters

    Ensuring Corporate Delivery Finance/Procurement/Facilities BPI & IT HR Policy & Implementation Secretariat Press, PR & Corporate Marketing

  • Regional Office Network

  • North AmericaBostonNew YorkSilicon ValleyToronto

    SEMEALADubaiMadridMexicoMilanRiyadhSao Paulo Johannesburg

    Asia-PacificBeijing SeoulGuangzhou ShanghaiHong Kong Sydney Singapore TokyoKuala Lumpur New Delhi

    Western EuropeAmsterdamBrusselsGlasgowLondonParisDsseldorf

    CEERN BudapestMoscowPragueWarsawStockholm

    Global Office Network

  • 2011 Income:

    2011 Expenditure:

    Budget 2011

    Income 000 Exchequer Funding(Oireachtas Grants)304,207Other Funding- Own Resources9,116- 3rd Party Funding18,924Profit/(Loss) on disposal of fixed assets11,235

    Total Income343,512

    Expenditure 000 Financial Support to Industry194,032Disbursement to other State Agencies re Financial Supports to Industry2,312Administration, Operation and Promotion89,742Diminution in Value of Fixed Assets22,030Diminution of Value of Financial Incentive Assets923

    Total Expenditure309,039

  • Enterprise Ireland Allocation of Funds - 2011

  • Enterprise Ireland - Allocation of Funds - 2011

  • Exports and Jobs Performance 2011Exports gross gains per annumExport sales grew by 12% in 2011 from 13.93 bn (2010) to 15.2 bn (2011) Jobs 2011141,228 employed in Enterprise-Ireland client companies at the end of 2011 Jobs Created: 9,076 in 2011Gross Gains = 9,076Gross Losses = 9,070Net Gains/ Net Losses = +6 (Net Change) Cost per job sustained 2011 12,254 (2004/2010) Efficiencies Reduction of 33% staffing since 1998 Clients engaged in significant R&D (100,000 spend annually) = 743Clients engaged in 1m R&D Spend per annum = 129Clients engaged in substantial R&D (2m spend annually) = 54

  • Objective jobs created and sustained driven by export development Means current service and finance supports PLUS New sources of enterprise overseas/food/femalePotential Exporters DivisionHigh growth markets Global Sourcing /Procuring innovation International Mentors/Networks/Peer Learning Development Capital Funds Health Innovation HubMore Technology Centres/Research Priorities Manufacturing Development Forum Closer EI/IDA Ireland collaborationLocal Enterprise Offices /Community Enterprise Development

    EI Strategy 2012 Action Plan for Jobs

  • 2012 Corporate Plan

  • Government Action Plan on Jobs 2012 Making Ireland the best small country in the world in which to do business, and increasing the number of people at work in Ireland by 100,000 by 2016

    Key actions highlighted include A one-stop shop for small business supports; a Micro-Enterprise and Small Business Unit in EI to work with local authorities to establish a network of local enterprise offices in each authorityA new Potential Exporters Division in EI; mentoring and management development networks; SME mentoring by top business leaders, multinationals and large Irish companies A 150million Development Capital Scheme aimed at addressing a funding gap for mid-sized, high-growth indigenous companies with significant prospects for jobs and export growth; a Loan Guarantee Scheme; a 100million Micro-Finance Loan SchemeProcurement opportunities to help more small businesses win big contractsSucceed in Ireland Scheme to provide direct incentives to the Diaspora to create jobs in IrelandInternational Entrepreneurship : Start in Ireland programme to attract more international start-ups to IrelandImplementation of Research Prioritisation Plan

  • Enterprise Ireland and Action Plan for Jobs 2012Established a Micro Enterprise & Small Business Division

    New Potential Exporters Division operational within Enterprise Ireland Launch of the Development Capital Scheme and Innovation Fund Ireland Working jointly with IDA Ireland on issues such as Global Sourcing and Public Procurement

    Initiatives within key sectors that will be a source of job creation and economic growth including:-Manufacturing Development ForumHealth Innovation HubResearch Centre in Cloud Computing

  • Other Key Deliverables 2012

    Delivery of EI targets including 95 HPSUs 700 New Buyers for Irish Companies600 buyer visits to Ireland1000 meetings at International Markets Week740 companies conducting at least 100K in R&D Promotion and management of the International Entrepreneur Fund and therunning of the Competitive Start Fund

    CEC Business Development Scheme

    700 Managers from Irish companies on short term Management Development Programme and 250 Managers on long term Management Development Programmes

  • Client Company Examples

  • How to Follow Up?Next StepsReview our Corporate WebsiteMeet with your Dev AdvisorCall our Help Desk