Access to finance and the retention and recruitment of staff are the biggest challenges facing indigenous tech start-ups, according to the findings of a new survey.
It also found that the vast majority of the 230 start-up founders and CEOs who responded had not applied for key State schemes including the Employment Incentive Investment Scheme, R&D Tax Credits or the KEEP share option scheme. The survey will form the backdrop for Scale Ireland’s first Regional start-up summit, which will be launched on Friday by Taoiseach Micheál Martin, and will include some of the country’s leading start-ups including Fenergo and Teamwork.
“The ambition and momentum of start-ups must now be matched by increased state support. With this support, indigenous start-ups will create more employment and grow globally.”