Web Summit founder Paddy Cosgrave with Taoiseach Enda Kenny and Adam Kostyal, Senior Vice President at NASDAQ (middle), at the Web Summit in Dublin last November

Last December Damien Mulley asked, under the Freedom of Information Act, how much the IDA and Enterprise Ireland spent on the webless Web Summit.

Specifically, in relation to Enterprise Ireland, he asked for details relating to…

1) Grants, fees, payments made to the Web Summit/F.ounders
2) Web Summit/F.ounders costs paid by Enterprise Ireland such as speaker fees, travel costs (if any)
3) Costs for Enterprise Ireland for stands, marketing and running events around Web Summit/F.ounders

And the results are in.

Ultimately, he’s found Enterprise Ireland has spent approximately €584,000 over the last three years, comprising of roughly €265,000 in 2014; €175,000 in 2013; and €144,000 in 2012.

Here’s a breakdown of the costs…

Screen Shot 2015-01-22 at 11.54.07

In relation to the IDA, Mr Mulley has found the IDA spent €100,000 ex VAT in 2014; €140,000 ex VAT in 2013 and €80,000 ex VAT in 2012.

Cheap at half the price?

Or too expensive at any PRICE..

We may never care know.

How much has Enterprise Ireland spent on Web Summit? (Damien Mulley)

How much has IDA spent on Web Summit? (Damien Mulley)

Previously: Summit Stinks

Related: Where is technology’s critical culture (Jane Ruffino)

Mark Stedman/Photocall Ireland

25 thoughts on “How Much?

  1. brytothey

    Is that all? A bargain considering the top names that arrive to mix and invest in our tiny rain-drenched rock. Money well spent. Keep up the good work guys.

    1. Rob

      €500k? it would be a bargain at 10 times the price.

      By comparison, the Rugby World Cup bid (which I also think is a good idea) will cost €1.5m just to ask can we host the thing, before you buy a tin of paint for the stadia.

  2. Mikeyfex

    Ya that’s pretty good. I think the How Much headline has different connotations on here at this stage, Bodger. Unless that’s indeed what you were going for.

  3. Murph

    Sounds like Mulley is having a Dig, probably because the Web Summit is (rightly or wrongly) a juggernaut compared to the Web Awards.

    1. Spaghetti Hoop

      Indeed. Dumping this data on a blog-post without any context or reasoning or commentary isn’t very professional.

        1. Spaghetti Hoop

          Well it was posted here with a link back to the thread on the Web Summit – plus it promoted debate and commentary. Mulley doesn’t get any comments.

  4. Paolo

    The web summit is a media-fuelled junket. It contributes NOTHING to the tech landscape of Ireland or Europe.

  5. Hashtag Diversity

    So what? Mulley is a loser, still out there teaching people how to use Facebook for business FFS. Can’t hack it. He doesn’t work in technology, just around it.

    Even RTE don’t bother calling him for a quote on Morning Ireland anymore.

  6. kennedyexitwound

    The whole city was hopping for the week of the websummit, the restaurants and bars were full, keeping people in business, also unlike the Irish Christmas crowds, the summit crowds were polite if demanding, didn’t argue the toss over prices or bills and DIDN’T mention water charges or any other domestic piffle. Money well spent.

  7. I own twitter

    Getting poo done costs money.
    All positive results. Paddy is no clown. And fair fupps.

    Mulley now the Aer lingus twitter Guy. Or worse. Needs to concentrate on his own shit, move along get over it and shut the duck up being a whining pain in the hole.

    Look what everyone else got for Christmas.

    And bring your twatter minion cling ons with you.

    1. Hashtag Diversity

      “Mulley now the Aer lingus twitter Guy.” What do you mean? He’s running the @aerlingus account? Or trained them in their ways?

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