by Piush Vaish
Technology industry employs over 105,000 people in various companies. It is responsible for 40 % of national total exports of Ireland. All of the top global technological companies have a significant Irish presence and home-grown sector employs over 30,000 people with total sales of over €2 billion per annum (ireland, 2015c).
Furthermore, Budget 2016 has a strong emphasis on indigenous sector with incentives on innovation and announcement of knowledge development box (KDB) (O’Connor, 2015). While presenting the budget, Minister of Finance, acknowledged that Ireland has an open economy and various international concerns regarding the global economic outlook. This blog intends to consider for the justification of various funding investments made by founders, family, friends, business angels, Banks, Enterprise Ireland, and Venture Capital. Is the funding rationalized in tech start-ups? It ascertains if the money is about to head for the doors. Keep reading