Enterprise Ireland Leads €30m Investment into Shared Island Scheme

Deal News | May 02, 2025 | Enterprise Ireland

Enterprise Ireland has launched a €30 million Shared Island Enterprise Scheme aimed at fostering collaboration between businesses across the island of Ireland. Announced by Minister for Enterprise, Trade and Employment, Peter Burke TD, and Minister for the Economy, Dr. Caoimhe Archibald, the scheme is touted as pivotal in driving economic growth and building cross-border trade relationships. The primary objective is to promote shared investment opportunities and to enhance business linkages across the island’s diverse business community. This investment is not only seen as a financial booster but also a strategic move to improve the regional economic ecosystem by leveraging the synergies between North and South businesses. The initiative is set to enhance Ireland's competitive edge and support small and medium enterprises in gaining sustainable growth and expanded market reach.

Sectors

  • Private Equity and Investment
  • Economic Development

Geography

  • Ireland – Enterprise Ireland is the entity behind the initiative, and the scheme is focused on businesses across the island of Ireland.
  • Northern Ireland – The scheme aims to enhance collaboration between Northern Ireland and the rest of Ireland for economic development.

Industry

  • Private Equity and Investment – The article discusses a large-scale investment initiative, indicating its relevance to the private equity and investment sector.
  • Economic Development – The initiative is focused on fostering economic growth through cross-border collaborations and investments.

Financials

  • €30 million – The total investment value allocated to the Shared Island Enterprise Scheme.

Participants

NameRoleTypeDescription
Enterprise IrelandPE Firm/InvestorCompanyAn organization focused on the development and growth of Irish enterprises in world markets.
Peter Burke TDMinister for Enterprise, Trade and EmploymentPersonGovernment official involved in announcing the investment scheme.
Dr. Caoimhe ArchibaldMinister for the EconomyPersonMinister contributing to the launch of the €30m scheme.