IPOs and equity capital markets critical to future of Irish economy
Dublin– 5 September 2024 – The Minister for Enterprise, Trade and Employment, Peter Burke and Euronext Dublin, formerly the Irish Stock Exchange, have today launched the recruitment for Euronext IPOready 2025 in Ireland, at an event on the historic Market Floor at Euronext Dublin. This is the latest edition of Euronext’s leadership programme designed to equip executives with the skills to scale and secure growth financing, up to and including through an Initial Public Offering (IPO).
Commencing in January 2025, this six-month pre-IPO educational programme offers a blend of interactive workshops, international networking events with peers, investor pitches, and tailored mentoring sessions for CEOs and CFOs of scaling Irish companies. It is crafted to equip company leaders with the essential skills and insights needed to assess and pursue strategic financing options, including how to achieve a successful IPO to support long-term business expansion.
Recognising the vital role that homegrown enterprises play in the Irish economy, Euronext IPOready in Ireland has been instrumental in guiding over 55 indigenous alumni companies on options for financing their growth journeys. Recent alumni from the last programme include CWSI, Fortus Group, Mail Metrics, and Neurent Medical.
Niall Jones, Head of Listing for Ireland and UK at Euronext, commented on the launch, “Our mission is to empower indigenous SMEs by providing them with the tools and skills they need to pursue the right financing options for them to fuel their growth. Part of the programme educates executives about the path and benefits to an IPO, and how equity capital markets can support the growth of their companies, not just at the time of IPO but on an ongoing basis as well.”
Euronext IPOReady supports fast-growing European companies considering a listing on a Euronext market in the coming years, providing executives with the tools and insights they need to achieve a successful IPO. The award-winning programme has now been adopted as the pre-IPO strategic financing programme across the pan-European Euronext network and will be conducted in nine countries simultaneously in 2025. In the past 5 years, Euronext has welcomed 540 IPOs, raising €47bn. Since 2015, IPOready and its Euronext predecessor, TechShare have assisted over 1,080 companies in making more informed decisions about their funding options. Indeed, 29 IPOready alumni have gone public across Europe since 2025, raising a total of €1.4bn upon listing.
In his address at the launch event on Thursday, Minister for Enterprise, Trade and Employment, Peter Burke, said: “The IPOready programme is a valuable resource for Irish SMEs, providing them with the tools and knowledge to explore new avenues of growth through equity capital markets. My department is committed to supporting initiatives that empower our indigenous companies to scale and succeed globally. This programme not only enhances the prospects of individual businesses but also strengthens the overall resilience and competitiveness of the Irish economy. I encourage our ambitious indigenous companies to take full advantage of this opportunity as they prepare for future growth."
IPOready is delivered in partnership with Enterprise Ireland and the Ireland Strategic Investment Fund (ISIF), building on the success of six previous editions since 2015.
In his remarks about the partnership with Euronext Dublin, Leo Clancy, CEO, Enterprise Ireland, said: “Enterprise Ireland is committed to helping Irish business go global by supporting Irish owned companies to grow and scale. The IPOready 2025 programme provides an opportunity for businesses who wish to compete on the global stage to learn and gain insights from investors, executives and advisors who have played a part in the success of world-leading Irish companies. We are delighted to support this programme which equips companies looking to achieve scale with the skills to access strategic finance to support their growth journey and advice on taking their company public.”
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About Euronext Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end of June 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs. For the latest news, go to euronext.com or follow us on Twitter (twitter.com/euronext) and LinkedIn (https://www.linkedin.com/company/euronext)
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