Our Secret “GEM” is our Indigenous SME Sector

“Our secret gems are our SME’s, those small companies which will revive our economy and put us on a firmer economic footing. The recent Global Entrepreneurship Monitor (GEM) report reinforces the innate entrepreneurial spirit in Ireland however I believe not enough support or due regard is given to this grouping.”

The report shows that 19,000 people started new businesses in Ireland in 2012, and highlights the findings that new business start-ups are increasingly innovative and that the majority expect to find customers in export markets.

The GEM report is supported by the Department of Jobs, Enterprise and Innovation Enterprise Ireland and Forfás. The authors of the report are Paula Fitzsimons of Fitzsimons Consulting, who is the National GEM Co-ordinator, and Dr Colm O’Gorman, Professor of Entrepreneurship, DCU Business School.

Download the GEM 2012 Report here.

Ger Holliday, Partner at BDO Limerick was speaking at the announcement of new dates for their SME roadshow “Future Proof Your Business.”

They will take place in Ennis and Galway in September and will be addressed by Stephen Kinsella, Senior Lecturer in Economics at Kemmy Business School, University of Limerick and Diarmuid Hendrick, Partner BDO Limerick. Final details to be confirmed shortly.

 

'Future Proof your Business' Tralee

Ger Holliday, Partner BDO Limerick

 

The Minister for Jobs Richard Bruton launched a global study on entrepreneurship last month (5th July) declaring that, “Two thirds of all new jobs are created by start-ups in the first five years of existence. That is why we have placed entrepreneurship at the centre of our plans for jobs and growth.”

Ger Holliday says the anecdotal evidence in the mid-west is that SMEs are nervous of taking the next step to growth but with support can achieve significant outputs both at home and in international markets.

 

Pictured at the launch of the 2012 Global Entrepreneurship Monitor (GEM) Report for Ireland is Minister for Jobs, Enterprise and Innovation Richard Bruton TD with (left) Elaine Coughlan, Founding Partner Atlantic Bridge and Paula Fitzsimons, Report Co-Author, and National GEM Coordinator. Photo courtesy of enterprise-ireland.com

Pictured at the launch of the 2012 Global Entrepreneurship Monitor (GEM) Report for Ireland is Minister for Jobs, Enterprise and Innovation Richard Bruton TD with (left) Elaine Coughlan, Founding Partner Atlantic Bridge and Paula Fitzsimons, Report Co-Author, and National GEM Coordinator. Photo courtesy of enterprise-ireland.com

 

 

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To book your place at “Future Proof Your Business” click here.

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BDO is a firm of registered auditors and is registered to carry on audit work in Ireland and the UK by the Institute of Chartered Accountants in Ireland. Details about our audit registration can be viewed at www.auditregister.org.uk under reference number 223876. BDO is also authorised to carry on investment business in the Republic of Ireland by the Institute of Chartered Accountants in Ireland.