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Enterprise Ireland High Potential Start Ups (HPSU) PRESENTATION TO  INDONESIAN DELEGATION John Convery Senior Development Advisor HPSU Monday 14 th  March 2011
AGENDA ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Enterprise Ireland Mission ,[object Object]
[object Object]
E.I. Client Base Segmented by  Stage of Development High Potential Start-Ups Entrepreneurs starting companies with the ability to compete in  world markets Scaling   Ambitious companies with the ability to grow to scale and achieve significant  global success Total E.I. Client base ~ 3,500 companies  –  148,000 employees Manufacturing and  international-traded  services companies employing  ten or more Established SMEs Irish-based food and natural resource companies that are overseas owned or Controlled MNC’s
HIGH POTENTIAL START Ups BACKGROUND
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],What is a “HPSU” ?
Who we work with …. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
E.I. HPSU Activity ,[object Object],[object Object],[object Object]
Where do entrepreneurs come from? Sourcing people with new ideas.
High Potential Start Ups - How we operate
How we operate ,[object Object],[object Object],[object Object],[object Object],[object Object]
E.I. approach to start-ups ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
High Potential Start Ups - Assistance
 
Some detail on assistance from EI ,[object Object],[object Object],[object Object],[object Object],[object Object]
1. Advice and mentoring  – Getting started ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
1. Advice and mentoring  – Getting started ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
2. FUNDING How E.I. Funds High Potential Start Ups ,[object Object],[object Object]
1. Funding the Concept (Category One) ,[object Object],[object Object],[object Object],[object Object],Max E.I. Funding is €110K (over 2 years) Based on 50% grant ,[object Object],Overall Objective : Move the project toward a full Business Plan
2. Funding the  Business Plan  –  Innovative Funding ,[object Object],[object Object],[object Object],[object Object],[object Object]
How is E.I.’s Investment Structured? ,[object Object],[object Object],[object Object],External Valuation Available Cumulative  Convertible  Redeemable  Preference Shares No External Valuation Available
Other Common Funding Sources:  BES/Seed Capital Scheme ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
3. Identifying Customers and securing export sales ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Measurement of Progress
Volume and Impact EI assisted HPSUs since 1999
HPSU review 1989 - 2008: Status of EI client companies in 2008
Trading Performance Trading Performance ,[object Object],[object Object],[object Object],[object Object]
START UP’s ,[object Object]
Start Up - Lessons Learned Some of the more  common start up  mistakes we typically see…..
Some common start up mistakes … ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Some common start up mistakes (cont’d) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thank You.

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HPSU presentation 14 march 2011

  • 2. Enterprise Ireland High Potential Start Ups (HPSU) PRESENTATION TO INDONESIAN DELEGATION John Convery Senior Development Advisor HPSU Monday 14 th March 2011
  • 3.
  • 4.
  • 5.
  • 6. E.I. Client Base Segmented by Stage of Development High Potential Start-Ups Entrepreneurs starting companies with the ability to compete in world markets Scaling Ambitious companies with the ability to grow to scale and achieve significant global success Total E.I. Client base ~ 3,500 companies – 148,000 employees Manufacturing and international-traded services companies employing ten or more Established SMEs Irish-based food and natural resource companies that are overseas owned or Controlled MNC’s
  • 7. HIGH POTENTIAL START Ups BACKGROUND
  • 8.
  • 9.
  • 10.
  • 11. Where do entrepreneurs come from? Sourcing people with new ideas.
  • 12. High Potential Start Ups - How we operate
  • 13.
  • 14.
  • 15. High Potential Start Ups - Assistance
  • 16.  
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 27. Volume and Impact EI assisted HPSUs since 1999
  • 28. HPSU review 1989 - 2008: Status of EI client companies in 2008
  • 29.
  • 30.
  • 31. Start Up - Lessons Learned Some of the more common start up mistakes we typically see…..
  • 32.
  • 33.