Transcript
Page 1: Enterprise Ireland - Alexa Toomey

Enterprise Ireland

OECD LEED Forum 10th April 2017

Alexa [email protected]

Page 2: Enterprise Ireland - Alexa Toomey

• Enterprise Ireland was established in 1998 as the Irish State Agency tasked with providing an integrated holistic approach to enterprise development.

• Enterprise Ireland is responsible for; 1. Supporting Irish businesses in the manufacturing and internationally traded service

sectors to build scale and expand reach in global markets2. Working with research institutions, to secure commercial purpose, leading to jobs

and sales and exports, for technologies and ideas developed in Irish research institutions

3. Providing direct funding to researchers to commercialise their and drive the commercial return on the State’s research investment

• Enterprise Ireland’s Resources• €385m Annual Budget• 10 offices across Ireland and an International Network of 32 overseas offices • 650 Staff

Background - Enterprise Ireland

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Entrepreneurs starting companies with an

ability to compete in world markets

Manufacturing & Internationally Traded services

companiesemploying ten or more

Irish-basedfood and natural

resource companies that are overseas owned or

controlled

Established SME’s currently focussed on the

domestic market who have the ambition to

export

Developing links with Irish enterprise, MNCs to support

research collaboration, commercialisation of publicly

funded research, and access to Horizon 2020, ESA

Established SMEs

Large Irish Companies

PotentialExporters

Multinationals

Research Community

High PotentialStart-Ups

Enterprise Ireland has a total client base of circa. 5,000 companies

Enterprise Ireland’s Clients

Large, Internationally focussed Irish companies in Manufacturing & Internationally Traded services

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Enterprise Ireland’s Strategy

VISION 2020 Irish companies powering the economy through strong positions in diverse export markets.

STRATEGIC AMBITIONS 2020

Exports +€5bn to €26bn p.a. 67% outside UK

Jobs +60,000 new jobs Sustain existing jobs

Spend in economy +€4bn to €27bn p.a.

Research & Development +50% in R&D spend to €1.25bn p.a

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What We Will Deliver 2017-2020

Place Innovation Centre Stage - Increase the level of innovation and R&D spendamong client companies

Leadership Development - Drive the Global Ambition of client companies to develop their businesses internationally

Foster and Develop Entrepreneurship - Support new and existing Start-Ups to achieve scale, increase regional entrepreneurship and participation of under represented groups in Start-Ups

Improve Competitiveness -Drive competitiveness of client companies to enable them to compete and win globally

Expand Global Footprint - Increase the level of exports to €26bn p.a. by 2020. Accelerate exports outside UK market.

Increase exports to Eurozone – reorientation of exports from UK to Eurozone

Consolidate UK Exports – support and assist clients to maintain and embed UK market positions

Develop Market/Sector Opportunities of the Future – scale in key niche sectors globally

Build Scale Expand Reach

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Enterprise Ireland Supports

• FUNDING – direct and indirect to support growth• MANAGEMENT DEVELOPMENT SUPPORTS – to develop leadership skills• MARKET-LED RESEARCH & INNOVATION – to develop competitive edge• INTERNATIONALISATION ASSISTANCE – to develop international sales• INTERNATIONAL INTRODUCTIONS to global buyers & partners – to open doors of

opportunity for Irish companies in global markets• ADVISE on strategy, organisational structure & business model• INFORMATION on market opportunities and conditions• SUPPORT THE CREATION OF THE OPTIMAL BUSINESS ECO-SYSTEM – for Irish

business to thrive

WORKING CLOSELY WITH OUR CLIENTS TO DEVLOP THEIR BUSINESS PLAN

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3 Bespoke Service Tracks

How We Will Deliver Supports

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START: Start Engagement aims to help HPSUs to scale more quickly by targeting supports at pre and post investment start-ups. Consists of a number of stages from positioning meeting to diagnostic process when priority areas are identified, to agreeing growth action plan and implementation.

ADVANCE: Helps clients across a range of sectors, who have the capability to grow in export markets to do so in a structured and sustainable manner. Diagnostic process to identify the barriers to achieving growth ambitions, level of capability in key areas, and areas for priority support.

ACCELERATE: Aims to significantly increase growth potential and job creation of clients who already have strong export growth. “Team-to-team” engagement involving client companies management team and an Enterprise Ireland team who will support the company to achieve their growth and scaling ambitions. An up-front diagnostic will be carried out to assess client business needs and to identify areas for priority support based on 6 key pillars - Strategy, Sales & Marketing, Finance, Operations, Innovation and Management.

3 Bespoke Service Tracks

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The 5A’s

Consistent CEM Architecture

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Key Principles

Eligibility – Evidenced Based

Focussed on Stages of Growth

Focused on Company Needs

Rich Toolkit – Diagnostic Based

6 Business Pillars

Delivered Team to Team

Structured

Growth Action Plan – Contract of

Service

Time Limited

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Business Development Structure