Sunday 26 February 2017

Red tape slowing start-ups, warns tech boss

Sarah McCabe

Sarah McCabe

Peter Coppinger, co-founder and CEO of Photo: Gerard McCarthy
Peter Coppinger, co-founder and CEO of Photo: Gerard McCarthy

One of the country's fastest-growing software companies has criticised the supports available for start-up businesses in Ireland.

Peter Coppinger, co-founder of Teamwork, said the supports available to young companies through Enterprise Ireland are too bureaucratic and very unsuited to the needs of software companies.

State programmes should prioritise providing office space and high-speed internet to software start-ups, Coppinger said, and should have a faster application process.

"There is too much red tape and bureaucracy involved in accessing the supports," he said. "Easier access to office space for software start-ups should be the priority, in Cork, Galway, Limerick and Dublin."

Coppinger founded Teamwork with business partner Daniel Mackey in 2007. It makes project management software for businesses, and clients include Walt Disney.

It is in the process of opening a new headquarters in Cork with capacity for 120 staff and recently won the Best SME award in Cork Chamber's Company of the Year Awards.

When queried, Enterprise Ireland said it has defined policies and procedures in place to ensure proper governance around the use and impact of taxpayers' money.

Sunday Indo Business

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