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Startup Ireland Survey An Amárach Research Briefing to the Vision2020 Forum October 2014

2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

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Page 1: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Startup Ireland SurveyAn Amárach Research Briefing

to the Vision2020 ForumOctober 2014

Page 2: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

284startups

21Acceleratorsincubators

Page 3: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Current State of Play

Page 4: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Ideation/ pre-startup

Started less than 1 year ago

Started less than 3 years

ago

30% 34% 36%

Lifestage

Page 5: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

240%

18% 18% 24%

Base: working full time on startup n=253

Location

Page 6: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Startups80%Male 20%Female

43%Under 35 57%Over 3584%Irish 35 16%Other 35

Page 7: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Entrepreneurs

46%Involved in

startups before

54%My firststartup

Page 8: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Sectoral Focus

Page 9: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Working/Not Working

Page 10: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Early stage

funding

Scaling supports

Staffing talent

Early sales

State support

Working space

Business skills

39% 46% 37% 36%24% 29% 25%

30% 15%21% 16%

21% 9%6%

Fairly difficult Extremely difficult

Growth Barriers

Page 11: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Trends Report

Any IP

15%Patents

24%Trademarks

67%None

Page 12: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Which way forward

Page 13: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Irish startup sector well served by government policy

16%Yes

41%Sort of

36%No

Page 14: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Startup sector well represented like other business sectors

14%Yes

20%Sort of

54%No

Page 15: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Irish startup sector is operating at full potential

4%Yes

13%Sort of

78%No

Page 16: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Incubator Survey62%

Incubators57%

accelerators

15-30startups atany time

5% - 15%Typical

AcceptanceRate

Could Support 10-20 moreStartups if space was

available

Space Mentoring

Training Third OfferEquity

Page 17: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

Strong startup cultureCommon constraints

Potential PipelineCapacity limits

Only the Beginning…

Page 18: 2014 Annual Startup Survey by Startup Ireland in partnership with Amarach Research

e. [email protected]. 01 410 5200

w. www.amarach.comb. www.amarach.com/blog

t. twitter.com/AmarachResearch