Presentation to NAPD Further Education Conference Tom ... tom hayes_enterprise...

Presentation to NAPD Further

Education Conference

Tom Hayes

Manager Micro Enterprise and

Small Business Division

April 15th 2015

• 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.

Enterprise Ireland

Who we work with…

Entrepreneurs starting

companies with an

ability to compete in

world markets

Ambitious co’s with

the ability to scale &

achieve significant

success

Manufacturing &

Internationally Traded

services companies

employing ten or more

Irish-based

food and natural resource

companies that are overseas

owned or controlled

High Potential

Start-up’s

Scaling

Established SME’s Multinationals

Potential Exporters

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

FP7, ESA

Research

Community

IRISH BUSINESS DELIVERS IN 2014

unprecedented level of jobs

for Ireland

+8,476 Net New Jobs Created

180,072 Total Employment

in Enterprise Ireland assisted

companies at end 2014

300,000+ Direct and indirect jobs

in the Irish economy

Irish Business Delivers:

+9%

+3% +14%

+4% +7%

+9% +19%

Exports €17bn 2013

Growth across all sectors

World-class eco-system

Proven mentors, professional advisors and International Accelerators

Funding - for all stages

• 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

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)

• 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

First ever, solar-powered, climate-controlled

football stadium Qatar 2022 World Cup

Mercury Engineering in Dublin

Radissens Diagnostics in Cork

First to enable blood analysis aboard the

European Space Station

Irish medical device companies lead the world

in innovation, quality and performance.

Aerogen developed the world’s first aerosol

vaccination device

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 40th consecutive month

• Debt levels reducing

• Confidence returns particularly in tourism and retail

• Challenges still exist

Ireland’s underlying strengthsAccording 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 4th

highest ranked country in the European Union.

According to the IMD World Competitiveness Report Ireland is….

• 1st for openness to foreign investors

• 1st for investment incentives (attractive to foreign investors)

• 1st for flexibility and adaptability of workforce

• 1st for attitudes towards globalisation

• 2nd for unit labour costs in manufacturing sector (% change)

• 3rd for availability of skilled labour

• 4th for labour productivity

• 6th for percentage of population with 3rd level education

How we helped

Irish business to deliver in 2014:

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

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

Scale

We invested in the international growth strategies of

412 Irish companies

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

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

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

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

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

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

Global Overseas etwork

Global Office Network

North America

Boston

New York

Silicon Valley

Toronto

Texas

SEMEALA

Dubai

Madrid

Mexico

Milan

Riyadh

Sao Paulo

Johannesburg

CEERN

Budapest

Moscow

Prague

Warsaw

Stockholm

Turkey

Western Europe

Amsterdam

Brussels

Glasgow

London

Paris

Düsseldorf

Asia-Pacific

Beijing Seoul

Guangzhou Shanghai

Hong Kong Sydney

Singapore Tokyo

Kuala Lumpur

New Delhi

Thank you and happy to respond to any

questions.

Tom Hayes