Dylan Collins beat us to it with the news about Ireland’s new visa programme for startups,
Ireland has long been destination of choice for the biggest and the most ambitious companies in Information Technology and Software to set up major subsidiaries. Ireland has quietly made significant improvements in the startup environment and supports for its own growing number of locally originating high tech start ups. It now has some of the best soft supports along with probably the greatest amount of early stage funding, per capita, in Europe and one of the best in the world.
We in Ireland are now working to attract entrepreneurs with software and other innovative start ups to relocate here to benefit from the start up supports that have been put in place- the same advantages that have attracted the big companies. This new visa scheme is yet another building block in making Irealnd Europe’s go to location of choice for innovative start ups.
I am delighted that the Department of Justice has introduced this new visa programme. It shows the full commitment there is right across the different parts of government to making Ireland a destination of choice for innovative entrepreneurs.
The main criteria are:
- Have access to funding of €75k through business angels, venture capital providers or a financial institution regulated by the Financial Regulator. Personal funding transferred to the State or a grant from a relevant State agency would also be acceptable.
- The business must have a strong innovation component. Projects will be evaluated by an Evaluation Committee based on those who demonstrate a good idea or the potential to be a winner.