Fear of failure ‘is stunting Irish entrepreneurship’ as memories of economic crisis linger

Report finds Ireland to be the best country in Europe for offering business owners a second chance

Almost three quarters of young would-be entrepreneurs are too scared of failure to start their own business despite Ireland being deemed the best country in the EU for offering business owners a second chance.

Ireland came out on top in two of the 10 areas assessed by the European Commission in the context of available supports for SMEs.