With last years total investment being around half of this loss. It seems accurate to say EI has written off 2 of it’s last 5 years investments.
Most businesses fail so it doesn’t seem massively alarming. It’s still worthwhile to invest in Irish startups.
This is how investment goes.
Sometimes the company grows. Sometimes it fails.
That’s tiny over five years. Consider the unusual shock of the pandemic and its actually remarkable. It’s good that EI are able to invest in companies that may not otherwise attract or know how to get investment.
So what’s your motivation for posting this OP?
Seems about right considering what it is Enterprise Ireland do.
Less than 5 DJ Carey write offs
EI are remarkably fussy about whom they support and why. Not a bad thing. But I’d actually like to see less money spent on vetting and more put into companies even if a slightly higher percentage try and fail.
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With last years total investment being around half of this loss. It seems accurate to say EI has written off 2 of it’s last 5 years investments.
Most businesses fail so it doesn’t seem massively alarming. It’s still worthwhile to invest in Irish startups.
This is how investment goes.
Sometimes the company grows. Sometimes it fails.
That’s tiny over five years. Consider the unusual shock of the pandemic and its actually remarkable. It’s good that EI are able to invest in companies that may not otherwise attract or know how to get investment.
So what’s your motivation for posting this OP?
Seems about right considering what it is Enterprise Ireland do.
Less than 5 DJ Carey write offs
EI are remarkably fussy about whom they support and why. Not a bad thing. But I’d actually like to see less money spent on vetting and more put into companies even if a slightly higher percentage try and fail.