A new report has been launched by Horse Sport Ireland entitled The Business of Horsepower: Staffing the Equine Sector.

The horse sport sector is a key cornerstone of the agricultural sector and economy in rural areas, worth €1 billion per annum, and supports 47,000 jobs directly and indirectly.

The Minister for Further and Higher Education, Research, Innovation and Science, James Lawless TD, officially launched the report this week.

At the launch in HSI’s office in Naas, Minister Lawless said: “I am delighted to meet Horse Sport Ireland today for the launch of the Business of Horsepower report.”

“The sport horse sector is a vital employer in Kildare and right across rural communities up and down the country.

“There are some skills gaps in the sector which have been highlighted in the report, but these can be overcome with targeted sector-focused upskilling and training.

“My department and I are also looking for ways to improve skills, training and educational opportunities within niche sectors like the sport horse and equestrian industry.”

“The equine sector in Ireland has a remarkable global standing, and the Irish government is continuously working with the equine stakeholders to further grow and strengthen Irish horses’ international reputation.”

“I thank Horse Sport Ireland for taking the initiative by carrying out this research undertaken by IFAC Accountants, on behalf of the sector, which will guide how the equestrian sector continues to attract staff and entrepreneurs into the future. I also want to acknowledge funding for the report from the Department of Agriculture, Food and the Marine under the National Breeding Services programme.”

“The report focuses on the importance of people and skills in the equine sector and highlights the positive strides being made by equine businesses in implementing formal employee processes as well as the range of attractive benefits being offered to retain staff,” added Horse Sport Ireland CEO Denis Duggan.

“This independent report prepared by IFAC Accountants and commissioned by Horse Sport Ireland outlines the importance of people, talent and skills within the sport horse sector.”

“The report shows that those in the equine sector are facing similar employment and economic challenges as all industries.

“Such is the importance of improving training and educational opportunities identified in the report, we are delighted to have Minister James Lawless launching the Business of Horsepower report given his brief in further education. I want to recognise the Department of Agriculture, Food and the Marine for funding the research and report under the National Breeding Services programme.”

“The industry in Ireland includes a reliance on trading in international markets as the report shows that 61% of respondents have sold horses internationally,” added  Duggan.

“This figure underlines the global reputation of Irish sport horses, but it also means the sector in Ireland is vulnerable to global events such as tariffs, oil prices and international political instability.

“The report highlights areas in equine businesses that require upskilling and greater structure in training and education.

“If further training were to be made available, this would assist in addressing the skill and employment gaps in the sector – helping to safeguard the industry into the future.

“We look forward to continuing to work with Minister Lawless and the Department of Higher Education, Research, Innovation and Science to assist with the provision of training and improving the skillsets within the sport horse sector.

Download The Business of Horsepower: Staffing the Equine Sector report

 

 

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