And it plans to keep investing throughout 2017...
Enterprise Ireland invested a record amount in Irish start-ups in 2016 - offering €32m to 229 companies.
This money was provided through Competitive Start Funds (CSF) and High Potential Start-Up (HPSU) funding.
These projects include:
Enterprise Ireland’s, Orla Battersby, Manager, HPSU Division said that investment is up by 5% and added, "We also continued to focus on female entrepreneurship, increasing the number of female-led investments to 63 - a combination of both CSF’s and HPSU’s.
"In addition to funding, Enterprise Ireland also provides advice, toolkits and peer-to-peer learning platforms, to further equip start-up clients with global ambition, helping them to become investor ready in a shorter timeframe."
Its 'Build Scale, Expand Reach 2017 - 2020' strategy plans to continue this investment in promising Irish companies.
Over 400 entrepreneurs and representatives from early-stage businesses, along with the investment and financial community and other stakeholders, convened today at Dublin Castle for Enterprise Ireland’s Start-up Showcase 2017.