Entrepreneur calls for tax incentives

There has to be more tax incentives to promote investment in Irish companies so they can grow in scale, according to technology entrepreneur Joe Hogan.

He argued that Ireland is at a competitive disadvantage compared with other jurisdictions, particularly the UK, that have much more favourable regimes for investment in indigenous companies.

Mr Hogan was speaking at a conference organised by the Irish Stock Exchange looking into getting better access for funding for Irish entrepreneurs. He is one of two founders of Openet, which now employs 1,000 people.