Meath Enterprise and Startup Genome have teamed up to spotlight Mid-East Region, Ireland ’s entrepreneurial ecosystem in the Global Startup Ecosystem Report:

• The ecosystem created $369 million in Ecosystem Value from Jul 01, 2021 to Dec 31, 2023. Ecosystem Value is a measure of economic impact, calculated as the value of exits and startup valuations.

• Notable deals include Kells, Meath-based Agtech Hexafly’s $4 million raised over 11 rounds, including one in June 2023. Clane, Kildare-based EV charging startup EVHACS raised $1.09 million in a September 2023 Seed round.

• The Agtech & New Food, Cleantech, and Life Sciences sectors are highlighted for their density of talent, support resources, and startup activity

• Highly educated talent, Ireland’s surging government investment in R&D, and a wide range of funding, tax breaks, and incentives are cited as reasons a startup should move to the ecosystem.

• Specifically, Ireland’s 2024 budget includes a new capital gains tax relief scheme for angel investors and The Enterprise Ireland Pre-Seed Start Fund opened in September 2023 with up to $109,000 available to innovative startups

"In Ireland's Mideast, a vibrant hub of innovation blooms, nurturing startups, SMEs, and multinationals to tackle global challenges and pioneer solutions in Agtech, Deep Tech, sustainability, and beyond, catalyzing global progress and boundless opportunities," says Gary O’Meara, CEO of Meath Enterprise and Chair of CEAI - Ireland’s Enterprise Hub Network.

"The Mid-East Region of Ireland continues to grow rapidly, notably in Life Sciences and Cleantech," remarked JF Gauthier, Founder & CEO of Startup Genome. "We are thrilled to support the vision and leadership of Meath Enterprise to foster entrepreneurial-driven growth in the region."

For more insights and an overview of the Mid-East Region’s startup landscape, visit the Mid-East Region, Ireland ecosystem page.

To learn more about startup ecosystems around the world, view the full, free Global Startup Ecosystem Report.