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ICTU - The Potential for Green Economy Jobs Marina Donohoe - Enterprise Ireland

ICTU - The Potential for Green Economy Jobs Marina Donohoe - Enterprise Ireland . June 24 th 2009. Policy analysis and advice. Inward Investment. Irish owned Enterprise. Enterprise Ireland Mission

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ICTU - The Potential for Green Economy Jobs Marina Donohoe - Enterprise Ireland

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  1. ICTU - The Potential for Green Economy Jobs Marina Donohoe - Enterprise Ireland June 24th 2009

  2. Policy analysis and advice Inward Investment Irish owned Enterprise

  3. Enterprise Ireland Mission To accelerate the development of world-class Irish companies to achieve strong positions in global markets, resulting in increased national and regional prosperity.

  4. Key strategic targets 2008-2010

  5. Manufacturing and international-traded services companies employing ten or more Irish-based food and natural resource companies that are overseas owned or Controlled MNC’s Established SMEs Working with our clients – Enterprise Ireland provides support at key stages 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

  6. International Office Network Southern Europe, Middle East and Africa, Latin America Dubai Madrid Mexico Milan Riyadh Sao Paulo North America Boston New York Silicon Valley Toronto Northern Europe Amsterdam Brussels Glasgow London Paris Stockholm Germany, Central and Eastern Europe, Russia and CIS Budapest Dusseldorf Moscow Prague Warsaw Asia / Pacific Beijing Guangzhou Hong Kong Kuala Lumpur New Delhi Seoul Shanghai Singapore Sydney Tokyo

  7. CleanTech - The Good News…… • Globally • Market size €1,100bn in 07 - €1,500bn in 2012 • Green Stimulus Packages of $184bn announced to date • Energy Demand to jump by 50% by 2030 • Strong US interest and investment in CleanTech • CleanTech 3rd largest sector now for VC • UN 2008 – over 2.3m created already …. By 2030 20 million new jobs • ILO – Solar Conservatively 3m employed by 2030 – 6m potential And in Ireland…. • Key Players in Ireland – NTR, ESBI, Bord na Mona, Glen Dimplex … • Strong Capability – Environment, Construction, Electronics, IT, Building Management…. • Growth in Exports of 17% in 08 yet most clients domestically focused • Government Interest/Commitment

  8. Enterprise Ireland Focus Growing the Sector “For Ireland to be considered a global centre and leader in CleanTech in niche areas and for EI clients to be central to that reputation Improving Sustainable Development across all key clients

  9. ImprovingCompanies Green Credentials and Competitiveness • Range of Financial and Soft Supports

  10. Enterprise Ireland’s CleanTech Portfolio – The Sector • 144 dedicated CleanTech clients • 58 “Other” EI CleanTech Clients –from Electronics, Construction, IT, Engineering etc. • 2008 Statistics • Employment 5,980 • Sales €1.4bn • Exports €286bn • Forecasts for 2010… Exports €500m & employment at 9,500 • A few large companies – NTR, Bord na Mona, Kingspan, EcoCem, Glen Dimplex.. • Many smaller niche players – EFT, Kedco, Clearpower, Shabra…. • Strong domestic focus but most now looking overseas

  11. Efforts underway but challenges remain Achieved Not viable yet

  12. Our Strategic Focus Industry Collaborations / Networks Finance Internationalisation Research Entrepreneurship / HPSU Management Capability

  13. We work in partnership with clients to help them : • Develop and implement growth strategies • Succeed in international markets • Invest in research & innovation • Compete through productivity • Build strong management teams • Finance growth

  14. Challenges/ Opportunities • References sites in Ireland – improved credibility when exporting • Speed to market critical or…. Be overcome by the yanks! • Financing for growth – in Ireland & internationally • Partnering & Consolidation – both in Ireland & overseas • Building strong Management Teams – for scale….

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