Why there is a need for a New State Agency in Ireland

In this recent article from The Sunday Times, Alan Merriman, Chief Executive Officer at Elkstone, outlines why there is a need for an IDA style agency in Ireland.

Key Points:

·       There is a need to set up an agency in Ireland that would collaborate with international private equity, venture capital and pension funds to attract global investors to Ireland.

·       The agency would help Ireland offset its reliance on foreign direct investment (FDI) tax returns while growing a cohort of domestic businesses to diversify the economy.

·       With the success so far of Fund 1, Fund 2 will look to engage the 70-80 million Irish diaspora world-wide.

Read the full article from Elkstone’s Chief Executive Officer, Alan Merriman, on The Sunday Times.

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Warning: This is a marketing communication. This document is not a contractually binding document and has been prepared for information purposes only. It is not intended as and does not constitute a personal recommendation. Please do not base any final investment decision on this.