Enterprise Ireland paid 100 million euros to the state when VC deals went well

Enterprise Ireland returned more than €100m in proceeds from its investments to the Treasury last year, the Irish Independent has learned.

This is believed to be the largest single amount the Agency has ever returned to public authorities in a single year and is based on record-breaking valuations for venture capital backed companies in Ireland and elsewhere in 2021. The 2021 rate of return equals 12 million euros payment for 2020.

https://www.independent.ie/business/irish/enterprise-ireland-paid-100m-to-the-state-as-vc-deals-came-good-41741483.html Enterprise Ireland paid 100 million euros to the state when VC deals went well

Fry Electronics Team

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