Small and Medium-sized Enterprises that are EU-based or established in a country associated to Horizon 2020 SME Instrument can get EU funding and support for innovation projects that will help them grow and expand their activities into other countries in Europe and beyond. It offers support under the section Societal Challenges and the specific part Leadership in Enabling and Industrial Technologies (LEITs). The Horizon…
Small Business Innovation Research (SBIR) programs dates to 1982 and was created to harness the innovativeness of U.S. small business—both to help meet the high-priority technology needs of the federal government and to benefit the national economy. It is an initiative of civil servant Roland Tibbetts who founded it in National Science Foundation. Tibbetts fought for political support against bitter…
Continued from Part 2 As for innovative in iHPSU, Irish patent level is low. In 2014, Ireland ranked 12th in Europe with a ratio of 126 per million. European Commission’s Joint Research Centre ranked Dublin as 16th among Europe as a top tech hub. Furthermore, data published last by GP Bullhound, a British investment bank, show that Ireland has only 1 (it’s…
Continued from Part 1 With all these investment options, there is a risk of no guaranteed return. The success rate for start-ups –even with VC backing – is just 25percent . In addition , the average time to get a return for investors is five to seven years or as stated by Halo Business Angel Partnership ( HBAP ) time…
This blog intends to consider for the justification of various funding investments made by founders, family, friends, business angels, Banks, Enterprise Ireland, and Venture Capital in tech start-ups in Ireland. It ascertains if the money is about to head for the doors. Is tech boom is over for Ireland? Technology industry employs over 105,000 people in various companies. It is…