Startup Ireland Survey An Amárach Research Briefing

to the Vision2020 Forum October 2014

284 startups

21 accelerators/incubators

What’s the current state of play?

What’s working/not working?

Which way(s) forward?

What’s the current state of play?

30% 34% 36%

Ideation/pre-startup

Started less than1 year ago

Started less than3 years ago

Lifestage?

40%

18% 18%

24%

At home Co-working/incubation

space

On incubator/acceleratorprogramme

In rentedoffices

Base: working full time on startup n=253

Location

Male: 80% Female: 20%

Under 35: 43% Over 35: 57%

Irish: 84% Other: 16%

Startup-ers

My first startup

Involved in startup

before

46% 54%

Serial Entrepreneurs?

19%

4%

5%

5%

26%

45%

46%

Other

Life Sci/ Bio

Hardware

Cleantech/ Energy

Mobile/ App

Business/ Enterprise

Consumer/ Internet

Sectoral Focus

What’s working/not working?

39% 46%

37% 36% 24% 29% 25%

30% 15% 21%

16%

21% 9% 6%

Earlystage

funding

Scalingsupports

Staffingtalent

Earlysales

Statesupport

Workingspace

Businessskills

Fairly difficult Extremely difficult

Growth Barriers

Trends Report

15% 24%

67%

Patents Trade Marks None

Any IP?

Which way(s) forward?

36% 54%

78%

41% 20%

13% 16% 14%

4%

Irish startup sectorwell served by

government policy

Startup sector wellrepresented like other

business sectors

Irish startup sector isoperating at full

potential

No Sort of Yes

Gaps

Incubator Survey

• 62% are incubators; 57% are accelerators • all offer space; mentoring; training: third offer equity

• most accommodate 15-30 startups at any time

• typical acceptance rate = 5% to 15% (up to 90%) • could support 10-20 more startups each programme if had the space