Startup jobs’ €28k net cost

Some of the country’s most promising State-supported startups are creating jobs at a net cost of €28,254 per position.

Hundreds of young firms identified by Enterprise Ireland as high-potential startups (HPSUs) have received over €110m from the State’s enterprise agency since 2010.

Of that total, €6.1m has been funnelled into companies so far this year meaning €104.7m was given to startups to the end of 2014.