Friday June 5, 2020

Ireland’s real start-up capital?

With 690 new companies set up in the first quarter of 2019 alone, and with strong support systems for early-stage entrepreneurs, Cork’s start-up scene is thriving, writes Arlene Harris

16th June, 2019
Jerry O’Brien, chief executive at Radisens Diagnostics: the company is among Cork’s cohort of successful start-ups Pic: Clare Keogh

We in Ireland are renowned for our entrepreneurial spirit and, and Cork is making waves with 690 new companies setting up in the first quarter of this year. This is up 13.3 per cent on the first quarter of 2018. In total last year, 132 start-ups secured equity investment totalling €23 million from state agency Enterprise Ireland.

It is expected that 82 of these High Potential Start-Ups (HPSUs) could each create ten jobs and €1 million in sales within...

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