Ireland’s ability to develop indigenous world class technology companies is seriously threatened by an over reliance on foreign investors, according to the Irish Venture Capital Association .
IVCA chairman Leo Hamill said Ireland was lagging behind international peers in terms of venture capital investment from pension funds. The IVCA pre-budget submission argued that artificial intelligence, blockchain, digital, and deeptech technologies will propel Ireland’s “digital economic future”. “For example, Germany has just announced a scheme to invest €30 billion into venture capital through pension fund assets and institutional investors.”
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And Corporate social welfare it would seem as you reported recently.