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Furthr Economic Impact Study Launch: Celebrating a Year of Growth and Innovation

Updated: Mar 27



A Landmark Event for Innovation and Entrepreneurship


The Furthr Economic Impact Study Launch was a momentous occasion where we had the privilege of sharing our latest achievements with key stakeholders, investors, and entrepreneurs. Hosted at The Guinness Enterprise Centre, Dublin 8, the event brought together industry leaders to discuss the remarkable milestones highlighted in our Annual Report and Economic Impact Study.


Showcasing Success: The Key Highlights


Driving Entrepreneurial Impact


At Furthr, we take pride in accelerating ambitious founders on their journey to success. Our 2024 Annual Report highlights how we’ve been instrumental in supporting over 300 start-ups, providing mentorship, funding opportunities, and critical resources to help them scale. Some of the key achievements from this year include:


  • 10 start-up companies empowered through the Furthr Foundry Accelerator to become investor-ready.

  • 105 entrepreneurs engaged in our Ready, Set, Go Furthr Ideation Stage Accelerator.

  • 1,200 hours of masterclasses delivered, equipping founders with essential skills.

  • 29% of supported companies had at least one female founder, reinforcing our commitment to diversity in entrepreneurship.


Unveiling the Impact Report: Economic Growth & Job Creation


The Economic Impact Report (2022-2024) showcased the tangible benefits of Furthr’s initiatives. The study, which analysed 207 companies, revealed significant contributions to the economy:


  • 497 new jobs created, reflecting a 42% growth in employment.

  • €30 million in investment raised in 2024 alone, marking a 55% increase from the previous year.

  • €18.3 million turnover, a 34% increase from 2023.

  • A total economic contribution of €34.5 million in Gross Value Added (GVA) and 969 full-time equivalent (FTE) positions supported.

  • 72% of supported companies operate in ICT, demonstrating Furthr’s stronghold in the tech ecosystem.


The Future: What’s Next for Furthr?


The success of our Annual Report and Economic Impact Study sets the stage for an even more ambitious 2025. We are committed to expanding our network, refining our accelerator programs, and further bridging the gap between early-stage start-ups and investors.


As we look ahead, our mission remains clear: to empower founders, accelerate innovation, and drive economic growth. Thank you to all our partners, stakeholders, and the vibrant entrepreneurial community that continues to make Furthr a leader in the start-up ecosystem.


Together, we go Furthr!

 

To explore the full reports, visit:

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