\"Ireland

Ireland is the most entrepreneurial country in Europe.

Dow Jones data shows Ireland is the most entrepreneurial country in Europe

\"Ireland

Ireland is the most entrepreneurial country in Europe.

Ireland is officially the most entrepreneurial country in Europe.

That's according to the Wall Street Journal, which has analyzed Dow Jones data on the total amount of venture capital raised by companies in Europe over the past 10 years.

The Dow Jones figures show that Ireland attracted four times as much funding per capita as the European average and raised 650 times as much per capita as Bulgaria, last on the list.

Dow Jones VentureSource said: ''Despite Ireland’s battering during the financial crisis, the country’s tech startups fared relatively well. Of Ireland’s 311 venture capital-backed deals since 2003, 131, or 42%, came in 2009 or later.

By contrast, the UK closed 1,441 such venture capital deals, or just 34 percent of its 10-year total of 4,208, in the postcrisis period. And across Europe as a whole, the past five years account for 39 per cent of the total for the decade.

According to the Journal, the success has been put down to Ireland's favorable corporate tax rate and the ambition of its young, highly educated workforce that has experienced success with tech titans Google, Amazon, Apple, Facebook, Microsoft, Twitter, Dropbox and others.

COMMENTS

Log in with your social accounts:

Or, log in with your IrishCentral account:

Forgot your password ?

Don't have an account yet? Register now !

Join IrishCentral with your social accounts:


Already have an account ?

For Newsletter Subscribers – Draw for 1 Prize on December 31st.

Prize: Your Piece of Ireland – a Square of Land in the heart of the Glens of Antrim, Ireland

More details here (or you can buy a little piece of Ireland directly): http://bit.ly/1zew9ox

Terms & Conditions

Or, sign up for an IrishCentral account below:

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


Make sure we gathered the correct information from you

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


You already have an account on IrishCentral! Please confirm you're the owner.


Our new policy requires our users to save a first and last name. Please update your account: