Enterprise Ireland invested €27m in start-ups last year

Leo Clancy, Chief executive of Enterprise Ireland, which supported 161 companies last year. File picture
Enterprise Ireland invested €27m in start-ups and supported 161 companies during 2022, new figures from the government agency show.
Of those 161, 91 were considered “High Potential Start-Up (HPSUs) investments” which are companies with the potential to create 10 jobs and generate €1m in sales within the first three years. There were 13 HPSUs that came out of academic research.