Ireland has become one of the top places for investment in Europe. Due to favourable tax rates, tax breaks that most of the EU do not get, and the combination of the Euro currency and an English speaking work force, many overseas companies (particularly US companies) and investors have looked at making an investment in Ireland. A 2006 study by the IVCA (Irish Venture Capital Association) stated that Ireland was one of the preferred environments for investing in private equity and venture capital.
As a result, Angel Investment in Ireland has taken off over the last few years. Combine this with a very entrepreneurial market and you get one of the most open and fruitful markets in terms of angel investment.
Over a billion euros of capital is available via the Irish branch of the Angel Investment Network, which aims to connect Irish entrepreneurs with local and international investors, building the foundation for new businesses in Ireland.