Irish scale-up firms face €1.1bn financing gap, finds new report

Irish scale-up firms face €1.1bn financing gap, finds new report

A gap in financing for “investable” scale-up firms could affect businesses looking to realise their potential.

Report finds Irish companies looking to scale face €1bn financing gap

Minister for Enterprise, Tourism and Employment, Peter Burke, has published a report that identifies a €1bn gap in financing for companies looking to scale and grow internationally in Ireland. The report is titled “Market Demand for and Supply of Scaling Finance in Ireland” and was prepared by SQW Economic Research Consultants for the Department of Enterprise, Tourism and Employment. It concludes that there is a gap in equity financing for Irish…