09/10/2014
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.
(MH/IT)
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.
(MH/IT)
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Ireland WeatherToday:This morning will be cloudy with rain, occasionally heavy, spreading southeast. This afternoon will see some bright or sunny spells and a few showers. Freshening northerly winds. Maximum temperature 10 °C.Tonight:Any showers across northern and eastern counties dying out this evening. Otherwise it will be a dry and cold night with some frost. Light winds. Minimum temperature -1 °C.