Archive for the ‘Smart Economy’ Tag

Foreign Risk Capital in Ireland

Foreign Risk CapitalThat wonderful image of a tourist asking for directions from an Irish rural resident. “Well to get to Listowel, luv, I wouldn’t shtart from here…”

We used tax incentives and low cost educated english speaking employees to attract FDI. Now we need a much more refined solution for a much more complex opportunity. If we expect our “Smart Economy” to get Ireland out of the mess it is in, practical alternatives are needed.

Chris Horn in his Sunday Business Post article and his blog refer to Foreign Risk Capital being needed and should be encouraged is absolutely right. This is our way out if we have the vision to implement the necessary steps to encourage more of it to come to Ireland. FRC providers would fall over themselves to get here if the environment and opportunities exist. What is needed is to create reasons for FRC to come here.

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