Startups across Ireland benefitted from €31 million of funding last year via the country’s leading investment agency.

Enterprise Ireland spent the money on 181 early stage companies, as it seeks to build a robust and diverse startup ecosystem. One that is performing well throughout the country; an ambition supported by the fact the agency spent 55% of the €31 million on startups based outside. Dublin.

Joe Healy, Manager, HPSU Division, Enterprise Ireland said: “Cultivating an environment that allows start-ups and entrepreneurs with global ambition to prosper is a key focus of Enterprise Ireland. Last year, we supported 181 high quality start-ups that we believe have the potential to scale and expand in international markets. Crucially, 55% of these companies are based in regions outside of Dublin, in line with our strategic objective of driving growth at a regional level. Over one third were female-led start-ups, continuing our emphasis on supporting start-ups in under-represented sectors.”