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Many are pointing back to Ireland’s entry into the European Union in 1973 as the spark because it caused the Irish government to rewrite their tax policy resulting in American Corporate investment in Ireland, free education through university level, and used direct equity investment to encourage Irish people to start their own businesses. These changes combined with the lowered taxes and interest rates of the 1990’s birthed the new entrepreneurship marketplace in Ireland.
The government devised an economic policy in 1987 that helped entrepreneurs by reducing personal taxes. The Irish government also has Enterprise Ireland, an agency of the government that aids small businesses by giving them money, introducing them to foreign government officials and even providing office building spaces in hot-spots around the world...
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