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…
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
Previously: Summit Stinks
Mark Stedman/Photocall Ireland