The use of finance as a catalyst to develop a scaling ecosystem
From Department of Enterprise, Trade and Employment
Published on
Last updated on
From Department of Enterprise, Trade and Employment
Published on
Last updated on
This report provides recommendations for policy changes that will promote and enhance the existing scaling options in Ireland. The recommendations are based on the work of the Finance for Scaling Working Group.
The report presents three key recommendations to increase the size and quality of the scale-up ecosystem in Ireland:
1. State funding: Ensure that scaling finance is available by introducing and promoting a suite of government-backed scaling instruments.
2. Private funding: Investigate options for pension fund and institutional investor participation in scaling equity funds and encourage corporate venturing in Ireland.
3. Tax incentives: Review the State’s tax model and design instruments that incentivise investment into scaling companies.