New Start-Up Policy Seeks To Create 93,000 New Jobs

It has been estimated that an additional 93,000 jobs will be created over the next five years with an increase in the number of start-up companies in Ireland.

The new National Policy Statement on Entrepreneurship in Ireland aims to increase the number of start-ups by a quarter or 3,000 per year.

It is understood that the new policy hopes to help new companies survive their first five years of business.

To do this the policy will double funding available to start-ups via "angel" investments, which are funds provided by successful business people.

The policy is understood to also include proposed changes to taxes that could boost the sector.

However, it is not clear when these measure may be introduced.


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