Opportunities for Irish Consultants in International Markets Séamus McCann, ASTEC Global Consultancy and Chairman ConsultingIreland www.consultingireland.org Objective • Provide practical support to companies targeting the Emerging Markets • Focused primarily on the IFIs e.g. World Bank, EC – ‘In the developing markets particularly, Public Sector activity is a prelude to Private Sector involvement’ • Find Irish partners for projects – niche areas • Identify international opportunities – Services, Supplies and Works – multi-facet approach • Practical Seminars and Training – Cork, Belfast etc. • International promotion of the portal and its members www.consultingireland.org International Financing Institutions (IFIs) • • • • • • • • European Commission EIB EBRD World Bank Asian Development Bank African Development Bank Inter-American Development Bank UNDP Bi-Lateral Aid ($126bn per annum) – USAID, DFID, SIDA, DANIDA, GIZ, Irish Aid etc. www.consultingireland.org EC Funded Opportunities • €975bn available for 2007-2013 • 1. Internal programmes – 1. Community Programmes – FP7, LLL,TEN – 2. Structural and Cohesion Fund - €347bn • 2. – – – – External Assistance Programmes – 2007-2013 IPA - €12bn – Balkans, Turkey EPNI - €13bn – ME, MEDA, Russia DCI - €12bn – Asia, Latin America, ‘Stans’ EDF - €24bn - Africa www.consultingireland.org Other IFIs • EIB (the EU Bank) - Luxembourg – Approved close to €60bn in 2008 • EBRD – Europe and Central Asia – €8bn pa investments – Invest between €5-230m in a project • World Bank – IBRD – annual funding $10-15bn pa – IDA - $14bn pa – 50% in Africa • Asian Development Bank – Loans - $10.5bn pa (Private sector $1.5bn) www.consultingireland.org Leading IFI Companies - Ireland 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Company / Organisation Location ASTEC Global Consultancy Ltd. Project Management Group GDSI Ltd. (Galway Development Service International) Lambard Management Consultants (LMC) Ltd. Trade Development Institute (TDI Group) Institute of Public Administration (IPA) International Development Ireland Ltd. (IDI) TMS International (Technical and Management Services International ) ESB International Finance Treasury Investment (FTI) Ireland Ireland Total contracts 122 62 Ireland 27 Ireland Ireland Ireland Ireland 16 13 11 11 Ireland 11 Ireland Ireland 11 7 www.consultingireland.org Reasons to target IFI projects • Transferable ‘Relevant Home experience’ • Use of Short-listings • Advances up to 60% • Payments secure • IFI work – ‘Recession-proof’ • Problems in Croatia? – transfer instead to Serbia, Macedonia, Kosovo or another region www.consultingireland.org Strengths • Similarities with other Beneficiary countries – e.g. size, historical events • Positive attitude to the Irish – non colonial • English Language – particularly for writing reports • Availability of experienced Irish consultants • Structural Funds experience www.consultingireland.org Weaknesses • • • • • • • • • • • Limited IFI experience – ‘Celtic Tiger’ Lack of references – 3 year maximum for EC High fee rates and costs Tracking opportunities Limited knowledge of local partners, local rates and main international competitors Resistance to communicate with other Irish firms Smaller sized companies generally Distance to market Ireland down the ‘pecking order’ in 2010 Ireland’s recent ‘Bad Press’ Too much focus on FP7 – more funds in External Aid www.consultingireland.org Opportunities • e-tenders x 140 (+ IFI funding) • IFI Funding (increasing year on year and numerous available tenders on a daily basis) • Competing on equal footing • Less competition – locals generally need International partners for IFI projects • English Language www.consultingireland.org Threats • Increased competition – Polish (ICT/Telecoms), Czechs (Customs), Romanians (Education) • Competitive rates from locals as well as ‘old member states’ e.g. UK, Italy, Greece • Use of Frameworks (restricted tenders) by EC, EIB – limiting open tenders • Lack of Irish Aid – DANIDA, SIDA, USAID, DFID • Other country governments/agencies very proactive www.consultingireland.org Monitoring Opportunities • IFI web-sites – free but cumbersome • Tender services – e.g. TendersInfo, EuropeAid tenders focus on different regions and IFIs • Country websites – local partner can translate • Local Partners – particularly those with ‘contacts’ • International Partners – different sector partners • Country visits • Visit IFI HQ and regional offices - Brussels, Washington, London, Luxembourg, Manila • In-country Ministries – probably best option • Consulting Ireland portal/database www.consultingireland.org Market Approach • Target region / country – Balkans, Turkey – ‘follow the money’ • Target sector – e.g. ICT, Border Management, Finance, Agriculture • Determine opportunities – Which IFI • Visit target country – Beneficiary, Funding Agency and / or In-country IFIs • Establish local partner • Co-operate with other expert firms • Bid to show interest www.consultingireland.org Consortium approach – helps create Scale • Size of Project • Tender requirements – expertise, sectors, local input • Reference value – often minimum value of reference – EC does not help SMEs qualify • Country experience • IFI experience – may need partner for this • Competitor strength www.consultingireland.org Partners - Benefits • Partner Companies cover niche subjects • Use of this network for business development • Provides better customer care through – wide range of expertise, – geographic coverage and – specialised attention • Public Sector contacts – local company and large multinational www.consultingireland.org Way Forward • Develop Business Plan – Policy and Strategy • Obtain Board/Director level support • Long term strategy - need to show commitment • Determine region and availability of Funds • Visit relevant IFIs and Clients to get better understanding - our strategy was never to bid unless first visited the client • Visit country / region – discuss potential tenders and opportunities www.consultingireland.org Way Forward (2) • Develop References – first question you will be asked by a potential Partner. • Look for Local and International partners • Engage with other firms/consultants • Junior consortia member initially • Submit a number of EOIs and Tenders – to show commitment • Do not give up - Review reasons for losses www.consultingireland.org Contact Details ASTEC Global Consultancy 25 Merrion Square Dublin 2 Republic of Ireland Telephone: Fax: Web site: E-mail: +353 1 6618950 +353 1 6619112 www.astecglobal.com smccann@astecglobal.com Thank You www.consultingireland.org