Cosgrave’s Web Summit receives €530k from Enterprise Ireland

The company received funding from the government agency that its controversial founder has roundly criticised

15th August, 2021
Cosgrave’s Web Summit receives €530k from Enterprise Ireland
Paddy Cosgrave, the Web Summit founder, says ‘receiving state money does not prohibit us from criticising a state body’.

Web Summit, the company founded by Paddy Cosgrave, a trenchant critic of Enterprise Ireland, was provided with €531,794 from the government agency last year.

It was one of many of a number of large employers that received similar development and innovation grants totalling millions, according to data supplied to the European Commission under state aid requirements.

Fexco, Glanbia Ireland and Intercom were also among the recipients during 2020, as was the company that runs Web...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

EY to create 816 new jobs across Ireland

Mental health start-up aims to create 26 jobs by end of 2022

Companies Emmet Ryan 12 hours ago

Ireland could lose new Intel plant as energy and water services feel strain

Companies Lorcan Allen 2 days ago

Data centres construction ‘explosion’ set to continue

Companies Lorcan Allen 2 days ago