Entrepreneurial Emigrants Invited Home
By Olivia O’Mahony, Editorial Assistant
June / July 2017
Returning diaspora who wish to kickstart new businesses on Irish soil can now apply for support with a new government-funded mentoring scheme, Minister for Diaspora and International Development Joe McHugh announced in May. Funding of up to €100,000 ($111,000) will be provided to the initiative over the next 12 months as part of a new effort from the Department of Foreign Affairs to engage with Irish emigrants over the globe and facilitate those who desire to return home.
“Returning emigrants often have much to offer their local communities,” said McHugh.
“Research suggests that time spent living abroad improves capacity to succeed in creating and growing businesses.”
The project’s goal is to provide emigrants who are planning to or have recently come back to Ireland with resources to draw upon for beginning new business ventures. It is also committed to shedding light on and tackling obstacles in entrepreneurship for that particular demographic, such as gaps in personal and professional networks or knowledge of local current affairs fundamental to the success of a newly-established enterprise. Visit dfa.ie and search “Emigrant Support Programme” for info. ♦