Clare's Fianna Fáil TD says the loss of the Web Summit to Ireland is a "massive embarrassment" for the country.
The event, which attracts 30,000 attendees, was founded here and held in Dublin on an annual basis.
However, from 2016, it's moving to Lisbon because of what organisers say is a great ‘transport and hotel infrastructure’ and start-of-the art venue.
The Taoiseach's expressed disappointment – but Renua leader Lucinda Creighton says Enda Kenny needs to do more.