Irish tech firms raised €888m last year

Irish based technology firms raised a record €888 million in 2016, according to figures from the Irish Venture Capital Association (IVCA).

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Venture Capital Backed Companies Created 20,000 Jobs Since 2003

Business 31082016. No repro Fee. Pictured at the launch of 'The Economic Impact of Venture Capital in Ireland 2013-15' report which took place in the Shelbourne Hotel Dublin was from left Dr Eric Clinton, DCU Business School, Michael Murphy, Chairman, Irish Venture Capital Association, Mary Mitchell O'Connor TD, Minister of Jobs, Enterprise & Innovation and Regina Breheny, Director General, IVCA. Photo Chris Bellew / Copyright Fennell Photography 2016

Dr Eric Clinton, DCU, Michael Murphy, Chairman, IVCA, Mary Mitchell O’Connor, Minister for Jobs, Enterprise & Innovation and Regina Breheny, Director General, IVCA

According to a new economic impact study published this week by DCU Business School, venture capital backed firms have created 20,000 high level jobs since 2003 and an additional 3,672 jobs between the period of 2013 to 2015.

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