Ireland’s inward investment promotion agency, IDA (Industrial Development Agency) Ireland is responsible for attracting and developing foreign investment. IDA Ireland has 18 international offices.
IDA provides a range of support and services to help foreign companies quickly establish and develop their operations in Ireland. The Agency has sector specialists working globally in teams to give investors information and help them make the connections they need. It provides the following:
- Information on tax, skills, education and research programmes, labour laws, investment opportunities, operating costs, infrastructure, and support services, amongst other topics. They also compile information on key business sectors and regional locations in Ireland.
- Facilitation of introductions to peer companies and industry groups and connections between companies and third level institutions and research centres to ensure necessary skills, experience and research capabilities exist to drive businesses.
- Connection of companies to the right property in the right place. They have a portfolio of business and technology parks in strategic locations along with a selection of privately owned properties for potential investors.
- Provision of grants and funding to those considering foreign direct investment in Ireland. These are offered to both new and existing clients.
- Encouragement of research, development and innovation, through availing financial incentives to companies to carry out in-house R&D projects and collaborative projects with third-level institutes and industrial partners. There is also a 25 percent tax credit available for companies engaging in R&D.
Address Head Office, Wilton Place, Dublin 2
Phone Number: +353 1 6034000
Enterprise Ireland (EI) is the government organization responsible for developing and growing Irish enterprises in world markets. It works in partnership with Irish enterprises to help them start, grow, innovate and win export sales on global markets, thereby supporting sustainable economic growth, regional development and secure employment. It has a network of nine regional offices throughout Ireland and over 30 international locations.
Their services are offered to:
- High potential start-up companieswith the capability to start a business and sell in export markets.
- Establishedmanufacturing and internationally traded services businesses that are small or medium sized Enterprises (SMEs).
- Large companies (employing more than 250 people).
- Irish-based food and natural resource companies overseas-owned or controlled.
Their services include:
- Funding supports – a range of supports, for start-ups, expansion plans, and R&D business plans.
- Export assistance – including the provision of in-market services, local market information and the facilities of our international office network.
- Supports to develop competitiveness – helping companies to become leaner to make them more competitive in international markets.
- Incentives to stimulate in-company R&D – new product, service and process development to ensure sustainability and growth through the evolution of products and services.
- Assistance with R&D collaboration – with research institutions, to develop and bring to market new technologies, products or processes.
- Connections and introductions to customers overseas – we provide access to a global network of contacts, from heads of government to end customers.
Address: East Point Business Park, Dublin 3
Tel: +353 1 727 2000
Fax: +353 1 727 2020
Board BIA (Irish Food Board)
Board BIA is an Irish state agency with the aim of promoting sales of Irish food and horticulture, both abroad and in Ireland itself. It is mostly known for its certification of Irish food products.The board acts as a link between Irish producers and their customers worldwide and hasseveral overseas offices in other cities.
Board BIA works for both small and large producers; for small producers by promoting and certifying farmers’ markets and for bigger producers by offering a great range of international marketing services.
Adress: Clan William Court, Lower Mount St., Dublin 2
Tel: +353 1 668-5155
Fax: +353 1 668-7521
Science Foundation Ireland
Science Foundation Ireland (SFI) invests in academic research that is most likely to generate new knowledge, leading-edge technologies and competitive enterprises in science and engineering. As well as promoting Ireland’s achievements around the world, SFI supports co-operation between education, government, and industry.
The foundation funds oriented basic and applied research in the areas of science, technology, engineering and mathematics (STEM), which promotes and assists the development and competitiveness of industry, enterprise and employment in Ireland
SFI provides flexible grants and awards for researchers from around the world who wish to relocate to Ireland and for those already based in Ireland, for outstanding investigators, for conferences and symposia, and for collaboration with industry. Proposals are evaluated in open competitions via a combination of international peer review and strategic fit with SFI’s mission.
Address: Wilton Part House,Wilton Place, Dublin 2
Tel:+353 (0)1 6073200
Fax: +353 (0)1 6073201
Inter Trade Ireland
This is a cross-border trade and business development body funded by the Department of Enterprise, Trade and Investment (DETI) and the Department of Jobs, Enterprise and Innovation in Ireland (DJEI).We support businesses, through innovation and trade initiatives, to take advantage of North/South co-operative opportunities to improve capability and drive competitiveness, growth and jobs.
This body works with manufacturing and tradable services companies and typically ambitious SMEs who have a satisfactory trading record by offering intelligence, funding and linking contacts.
Address: The Trade and Business Development Body, Old Gasworks Business Park, Kilmorey Street, NewryCo Down BT34 2DE
Tel: 028 3083 4100 (048 from Ireland)
Fax: 028 3083 4155 (048 from Ireland)
Text phone: 028 3083 4169 (048 from Ireland)
Shannon Free Zone (SFZ)
This is the world’s first free trade zone, over 600 acres in size. It is located beside Shannon Airport, placing it 24km northeast of Limerick city, 18km south of Ennis, 64km from Galway and two hours from Dublin. Itis managed and promoted by Shannon Development, an Irish government corporation, presently mandated to oversee the economic growth and development of the Shannon Region. The Shannon Group; Shannon Commercial Properties, Shannon Chamber and Shannon Development together contribute to the SFZ.
The SFZ – which boasts of over 1.7 million square feet of developed buildings for manufacturing, distribution and offices,and 168 acres of serviced sites – is Ireland’s biggest multi-sectoral business park. It houses the country’s largest cluster of foreign direct investment outside of Dublin, and is home to more than 100 international and Irish companies.
Businesses based on the site enjoy special tax incentives on staff and profits as well as developed infrastructure. Energy supply is through the national electricity provider, which supplies industrial users at high voltage. The Shannon region has advanced fibre optic networks with national and international connectivity.
The SFZ is located on the N18 main national road transport route, approximately 18km from Limerick, 129kmfrom Cork and 222km from Dublin, and relatively close to seaport facilities with the nearest roll on/roll off port being in Cork. Such services are also available in Dublin.
An InterCity Rail Link is located in Limerick and provides daily connections to Dublin and Cork.
SPZ has access to four domestic clearing houses, as well as to international financial institutions, and also offers internationally traded services, from financial and insurance to software and telecoms services, and customer contact centres.
International companies use Shannon to serve markets in Europe, the Middle East, Africa, Asia, Japan and the Pacific Rim.
Address: Unit B9, Sky Court, Shannon Town Centre, Shannon
Tel: +353 (0)61 708341
Tel: +353 (0)61 710000
Fax: +353 (0)61 712859
County and City Enterprise Boards (CEBs)
These CEBs, established as companies limited by guarantee, are located all over the country with the role of developing indigenous enterprise potential, stimulating economic activity at local level and promoting micro-enterprises. They are divided into two regions: the South and East (S&E) and the Border, Midlands and West (BMW)
Funding for the Boards is provided under the National Development Plan, through the Department of Jobs, Enterprise and Innovation; parts of which come from the Exchequer and the European Regional Development Fund through the two Regional Assemblies: S&E Region, BMW Region.The Enterprise Ireland, Central Coordination Unit (CCU) provides day-to-day operational and technical support to the CEBs.
The boards support small businesses by fostering awareness of an enterprise culture highlighted through the formulation of enterprise plans for their areas. They play an important role in assisting the development and expansion of micro-enterprises, to bring them to the stage where they can benefit from the services of Enterprise Ireland.
The CEBs support individual, firm and community group projects provided that the proposed projects have the capacity to achieve commercial viability. The CEBs provide both financial and non-financial assistance to project promoters; the basic criteria is based primarily on factors such as the sector of the economy in which an enterprise is operating or intends to operate and the size, or proposed size, of the enterprise. The enterprise must be in the commercial sphere, demonstrate a market for the proposed product or service, have a capacity for growth and new job creation and must not employ more than 10 people.
The CEBs give priority to enterprises in the manufacturing or internationally traded services sector.
The forms of financial assistance that are available, subject to certain restrictions, include business Priming Grants, Expansion/Development Grants and Feasibility/Innovation Grants. The provision of non-financial assistance can take the form of a wide range of business advice and information services, management capability, training and development programmes, e-Commerce training initiativesand other services. Details are available for each local CEB.
Local Enterprise Office
The Local Enterprise Office is the First Stop Shop for anyone seeking information and support on starting or growing a business in Ireland. It provides advice, information and support to you in starting up or growing your business.
With 31 dedicated teams across the Local Authority network in Ireland, Local Enterprise Offices offer you a wide range of experience, skills and services.
LEOs is both for people interested in starting up a new business or already in business, including entrepreneurs, early stage promoters, start-ups and small business looking to expand.
LEOs offer the following business supports:
Financial: LEOs provide a range of financial supports designed to assist with the establishment and/or growth of enterprises (limited company, individuals/sole trader, cooperatives and partnerships) employing up to ten people. This includes: Feasibility/Innovation Grants, Priming Grants, Business Expansion Grants.These financial supports are designed to provide a flexible suite of supports to LEO clients and potential clients.
Training: LEOs provide a wide range of high-quality training supports which are tailored to meet specific business requirements. Whether it is starting a business or growing a business there is something suitable for everyone.
Mentoring: The Mentor Programme is designed to match up the knowledge, skills, insights and entrepreneurial capability of experienced business practitioners with small business owners/ managers who need practical and strategic one to one advice and guidance. The mentor contributes independent, informed observation and advice to aid decision making. Applications for mentor assistance are dealt with individually and are preceded by a business needs analysis to assess the key needs of the business and determine the most imperative mentoring objectives.
This is the umbrella body for Chambers of Commerce in Ireland, with a network of Chambers of Commerce in every major town and region in the country. They facilitate the growth and development of the Irish chamber network and enable the chambers in the network to effectively promote development of their locality on behalf of their members as well as working towards creating a better environment for business by lobbying the Government and other stakeholders on key policy issues.
It acts as the Irish National Committee of the International Chamber of Commerce.
Address: 3rd Floor, New mount House, Lower Mount Street,Dublin 2
Tel: +3531 4004300