Industry & Business

Enterprise

Venture Capital Investment in Irish Tech Firms Fell by a Quarter in 2018

    Venture Capital Investment in Irish Tech Firms Fell by a Quarter in 2018

Funding into Irish technology firms fell by 25% to €739 million in 2018, according to the Irish Venture Capital Association VenturePulse survey published in association with William Fry. The fourth

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Guinness Enterprise Centre Announces €10 Million Expansion For Dublin

    Guinness Enterprise Centre Announces €10 Million Expansion For Dublin

The Guinness Enterprise Centre has unveiled an ambitious development plan for its landmark building on Taylor’s Lane in Dublin 8. Planning permission for the €10 million redevelopment and expansion has

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€23 Million Invested in Start-ups by Enterprise Ireland in 2018

    €23 Million Invested in Start-ups by Enterprise Ireland in 2018

Enterprise Ireland, the state agency responsible for the development and growth of Irish companies in global markets, invested €23 million in Irish start-ups in 2018 and supported a total of

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Fáilte Ireland Crafts a New Path to Success Across Ireland’s Ancient East

    Fáilte Ireland Crafts a New Path to Success Across Ireland’s Ancient East

Fáilte Ireland has unveiled a bespoke toolkit to equip and train craft businesses across Ireland’s Ancient East with the skills to maximise the potential of craft tourism to generate increased revenue and

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Guaranteed Irish Celebrates 45 Years as Global Revenue Hits €26.2 Billion

    Guaranteed Irish Celebrates 45 Years as Global Revenue Hits €26.2 Billion

Guaranteed Irish, the not-for-profit business membership organisation, has unveiled new figures which show that global revenues generated by its 550+ members grew to €26.2 billion in 2018, up €350 million

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ABP Reaches the Top Two at the World’s Leading Circular Economy Awards

    ABP Reaches the Top Two at the World’s Leading Circular Economy Awards

Olleco, the Renewables Division of ABP Food Group, has beaten 40 other innovative organisations from across the globe to become one of just two finalists in an enterprise category of

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Cork Chamber to Mark its 200 Year Anniversary

    Cork Chamber to Mark its 200 Year Anniversary

Cork Chamber of Commerce have launched their 200 year anniversary programme, with the announcement that the President of Ireland, Michael D. Higgins, will give the keynote speech at this year’s

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215,207 People Now Employed by Enterprise Ireland Supported Companies – Highest Ever

    215,207 People Now Employed by Enterprise Ireland Supported Companies – Highest Ever

215,207 people are now employed in companies supported by Enterprise Ireland, growing at 4.4% in 2018. This is the highest total employment in the 20-year history of the agency. Almost

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The Digital Hub to Progress Plans For Digital Technology Quarter During 2019

    The Digital Hub to Progress Plans For Digital Technology Quarter During 2019

The Digital Hub, Ireland’s largest and most established cluster of technology, digital media and internet companies, sees 2019 as a pivotal year in which its vision to create a diverse

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IDA Ireland Launches ‘The Landing Space’ in Sligo

    IDA Ireland Launches ‘The Landing Space’ in Sligo

IDA Ireland, in partnership with IT Sligo and Sligo County Council, have officially opened a new fast landing property solution. The establishment of IDA Ireland’s first fast landing service at

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€29 Million in Government Funding Through the Regional Enterprise Development Fund

    €29 Million in Government Funding Through the Regional Enterprise Development Fund

The Government has announced the results of the second round of the Regional Enterprise Development Fund, an open national competitive call to support regional projects, delivered for the Government through

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Northern Ireland Business Expenditure in R&D Continues to Rise

    Northern Ireland Business Expenditure in R&D Continues to Rise

The 2017 Research and Development Statistical Bulletin on R&D expenditure by businesses in Northern Ireland shows a 4 per cent rise on 2016, and 20 per cent on five years

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21st Operational Irish Whiskey Distillery Opens

    21st Operational Irish Whiskey Distillery Opens

Blackwater Distillery has become the 21st operational Irish whiskey distillery on the island of Ireland. The new distillery at Ballyduff, near Lismore in County Waterford, recently commenced Irish whiskey distillation. The

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Survey Finds 68% of Irish CEOs Have Started to Mitigate Against Potential Impact of Brexit

    Survey Finds 68% of Irish CEOs Have Started to Mitigate Against Potential Impact of Brexit

Almost seven in ten (68%) Irish CEOs have said they have acted to mitigate against the potential impact of Brexit, according to a survey of Irish business leaders by Deloitte

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Launch of the Inaugural Manufacturing and Supply Chain Awards 2019

    Launch of the Inaugural Manufacturing and Supply Chain Awards 2019

Manufacturing excellence, teamwork and professionalism are set to be celebrated and acknowledged at the upcoming IMR Manufacturing and Supply Chain Awards 2019. The event, which was officially launched in Dublin

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Guinness Enterprise Centre Invests €200,000 in CoConnect Initiative

    Guinness Enterprise Centre Invests €200,000 in CoConnect Initiative

Dublin’s Guinness Enterprise Centre (GEC) has invested €200,000 in its innovative new CoConnect initiative. The programme, a home-away-from-home for businesses and their employees, will build connections between the GEC and

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European Investment Fund and Enterprise Ireland Double Business Angels Fund to €40 Million

    European Investment Fund and Enterprise Ireland Double Business Angels Fund to €40 Million

The Department of Business, Enterprise and Innovation, the Government of Ireland, through Enterprise Ireland, and the European Investment Fund (EIF) have signed an agreement to double the size of the

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HBAN Aims to Raise €10 Million From 50 Female Angels

    HBAN Aims to Raise €10 Million From 50 Female Angels

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and an initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, plans to recruit 50 new female

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Irish Business Leaders Struggling to Balance Demands of Employees, Customers and Citizens

    Irish Business Leaders Struggling to Balance Demands of Employees, Customers and Citizens

Irish business leaders are struggling to cope with the demands of the three groups they need to serve in order to thrive: employees, customers and the wider society. The majority

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Greencore to Divest US Business in $1 Billion Deal

    Greencore to Divest US Business in $1 Billion Deal

Greencore Group, the Irish and UK convenience food business, has agreed to sell its entire US business to an affiliate of Hearthside Food Solutions for US$1.075 billion (£817 million) on

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Government Investment in Research & Development Amounts to Over €750 Million in 2018

    Government Investment in Research & Development Amounts to Over €750 Million in 2018

The latest figures on Government investment in research and development (R&D), published by the Department of Business, Enterprise and Innovation, show that over €750 million is estimated to have been

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78% of Irish SMEs Feel Confident About Borrowing as They Look to Expand in 2019

    78% of Irish SMEs Feel Confident About Borrowing as They Look to Expand in 2019

According to new SME research conducted by Bank of Ireland and Red C, 78% of Irish SMEs are confident in their ability to borrow if additional capital is required over

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Increased Funding For Business, Enterprise and Innovation

    Increased Funding For Business, Enterprise and Innovation

The Government has announced an increase in funding in Budget 2019 totalling €950.2m (+9.1%) for the Department of Business, Enterprise and Innovation. This allocation is €79.2m above the 2018 allocation of €871m for the Department and includes

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£30 Million Growth Loan Fund II Launched

    £30 Million Growth Loan Fund II Launched

Growth Loan Fund II, a £30 million fund to support SMEs in Northern Ireland with growth potential, has been launched

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Increase in Numbers of Businesses Preparing For Brexit

    Increase in Numbers of Businesses Preparing For Brexit

The Government has welcomed survey findings that show 44% of businesses that are strongly impacted by Brexit have a plan

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Dublin Housing Crisis Restricts Employers’ Ability to Recruit

    Dublin Housing Crisis Restricts Employers’ Ability to Recruit

New research commissioned by specialist regeneration and property developer U+I shows that Dublin’s housing crisis is seriously hampering business’ efforts

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Council’s Disability Initiative to be Rolled Out Nationwide

    Council’s Disability Initiative to be Rolled Out Nationwide

A Fingal County Council disability initiative, in partnership with Dublin City Council and Enterprise Ireland, is to be rolled out

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New President of British-Irish Chamber of Commerce

    New President of British-Irish Chamber of Commerce

John Cronin (pictured) of McCann FitzGerald, one of Ireland’s premier law firms, has been elected as President of the British-Irish Chamber

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New Enterprise Ireland ‘Prepare to Export Scorecard’ For Companies With Global Ambition

    New Enterprise Ireland ‘Prepare to Export Scorecard’ For Companies With Global Ambition

A new Prepare to Export Scorecard has been developed by Enterprise Ireland to help Irish entrepreneurs and business owners with

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New €6.5 Million Development Project to Expand NovaUCD’s Capacity to House Start-ups

    New €6.5 Million Development Project to Expand NovaUCD’s Capacity to House Start-ups

NovaUCD, the University’s Centre for New Ventures and Entrepreneurs, is set to expand its capacity to house early-stage start-ups by over

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Customs and Logistics the Top Concern For Irish companies as Enterprise Ireland Launches its Next Wave of Brexit Advisory Clinics

    Customs and Logistics the Top Concern For Irish companies as Enterprise Ireland Launches its Next Wave of Brexit Advisory Clinics

Customs and Logistics is the single biggest Brexit challenge facing Irish business according to an Enterprise Ireland survey which took

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HBAN Angels Receive a 10 Times Return on Phorest Investment

    HBAN Angels Receive a 10 Times Return on Phorest Investment

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of

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Skillnet Ireland Announces €2 Million Training Fund to Help Close the Widening Skills Gap

    Skillnet Ireland Announces €2 Million Training Fund to Help Close the Widening Skills Gap

Skillnet Ireland, the national agency responsible for the promotion and facilitation of workforce learning in Ireland has announced up to

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M&A Deals Amongst the World’s Largest Consumer Goods Businesses Reached a 15-year High in 2017

    M&A Deals Amongst the World’s Largest Consumer Goods Businesses Reached a 15-year High in 2017

The number of mergers and acquisition deals among the top 50 consumer goods giants reached a 15-year high in 2017

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Export Sales by Enterprise Ireland Client Companies Hit New Record

    Export Sales by Enterprise Ireland Client Companies Hit New Record

Enterprise Ireland, the state agency responsible for helping Irish companies export to international markets, has announced that its clients recorded

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HBAN Scoops Major European Business Angel Network Award

    HBAN Scoops Major European Business Angel Network Award

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of

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Progress at Last! – British Irish Chamber Welcomes UK White Paper on Brexit

    Progress at Last! – British Irish Chamber Welcomes UK White Paper on Brexit

The British Irish Chamber of Commerce has welcomed the publication of the white paper on Brexit by the UK Government

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Public Consultation For Ireland’s Space Strategy For Enterprise

    Public Consultation For Ireland’s Space Strategy For Enterprise

Minister of State for Training, Skills, Innovation, Research and Development, John Halligan TD, has published a consultation document for Ireland’s

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Ireland Rises to 9th in the European Innovation Scoreboard

    Ireland Rises to 9th in the European Innovation Scoreboard

Minister for Business, Enterprise and Innovation, Heather Humphreys, TD has welcomed Ireland’s strong innovation performance reported in the European Commission’s

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DCU Crowned 2018 Enactus Ireland Champions

    DCU Crowned 2018 Enactus Ireland Champions

Enactus Dublin City University were crowned the winners of the recent Enactus Ireland National Competition which took place in Chartered Accountants House, Dublin

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Kildare Agri-business Wins National Enterprise Award For 2018

    Kildare Agri-business Wins National Enterprise Award For 2018

Terra Liquid Minerals in Kildare, an agri-business set up by two brothers in 2012, has won the overall title at

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UCD Spin-out Secures €2.5 Million in Horizon 2020 SME Funding

    UCD Spin-out Secures €2.5 Million in Horizon 2020 SME Funding

ATXA Therapeutics Ltd, a University College Dublin (UCD) life sciences spin-out, which is developing novel therapeutic drugs to treat pulmonary

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New Technologies to Make Irish Debut at Manufacturing Solutions 2018

    New Technologies to Make Irish Debut at Manufacturing Solutions 2018

The Mid West’s thriving aerospace and aviation industry will feature strongly at Manufacturing Solutions 2018, Ireland’s manufacturing supply chain conference

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Kells Tech Hub Can Play a Major Role in Regional Enterprise Development

    Kells Tech Hub Can Play a Major Role in Regional Enterprise Development

Following 24 months of research, planning and development, the new Kells Tech Hub has been officially launched. The Kells Tech

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Skillnet Ireland – Without Upskilling, Businesses in Ireland Could Lose Competitive Advantage

    Skillnet Ireland – Without Upskilling, Businesses in Ireland Could Lose Competitive Advantage

Skillnet Ireland (formerly Skillnets), the national agency for workforce development, has been launched at an event in Co Clare to

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Arkphire – The Mobile Device Management Solutions Specialist – to Sponsor TechConnect Live

    Arkphire – The Mobile Device Management Solutions Specialist – to Sponsor TechConnect Live

Arkphire, one of the fastest growing IT procurement companies in Europe, is sponsoring the Mobile Tech Summit, which is being

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OSSM Cloud Makes NetSuite Global Top 20

    OSSM Cloud Makes NetSuite Global Top 20

OSSM Cloud, the Dublin-based ERP software provider, has been named as one of the world’s most promising NetSuite solution providers.

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UCD Opens Ireland’s First Hospital Knowledge Transfer Offices

    UCD Opens Ireland’s First Hospital Knowledge Transfer Offices

University College Dublin (UCD), in partnership with St. Vincent’s Healthcare Group (SVHG) and The Mater Misericordiae University Hospital (MMUH), has

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€900,000 Funding For New Smart Dublin Solutions

    €900,000 Funding For New Smart Dublin Solutions

Smart Dublin is an initiative of the four Dublin Local Authorities to engage with smart technology providers, researchers and citizens to

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€2.1 Billion to Boost Venture Capital Investment in Europe’s Innovative Start-ups

    €2.1 Billion to Boost Venture Capital Investment in Europe’s Innovative Start-ups

The European Commission and the European Investment Fund (EIF) have launched a Pan-European Venture Capital Funds-of-Funds programme (VentureEU) to boost

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Irish Gin Producers Aim to Treble Sales to 5 Million Bottles by 2022

    Irish Gin Producers Aim to Treble Sales to 5 Million Bottles by 2022

Irish gin producers want to treble sales by 2022, with the aim to sell 5 million bottles or 400,000 9-litre

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How to Make European Tech Companies Thrive

    How to Make European Tech Companies Thrive

An EU-wide database that pulls together all available information on financing for European tech companies; that is one of the

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Bright and Bold innovators to Receive €94.25 Million EU Funding to Scale Up Their Businesses

    Bright and Bold innovators to Receive €94.25 Million EU Funding to Scale Up Their Businesses

57 small and medium-sized companies have been selected for funding under the Horizon 2020 European Innovation Council (EIC) pilot, which aims to

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TechConnect Live – RDS, Dublin – May 30th, 2018

    TechConnect Live – RDS, Dublin – May 30th, 2018

TechConnect Live, Ireland’s largest technology event, is expected to attract over 3,000 visitors from across the Irish and international tech

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Technology Plays a Leading Role For Irish Business Leaders

    Technology Plays a Leading Role For Irish Business Leaders

Business leaders across Ireland are firm believers in the power of technology and the important role it plays, not only

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Irish Technology Sector Has Overtaken Agriculture

    Irish Technology Sector Has Overtaken Agriculture

With 130,000 people now employed, the technology sector has overtaken agriculture as Ireland’s largest industry, according to Ken Finnegan (pictured

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Government Remains Committed to Getting an Extra 100,000 People at Work by End of 2020

    Government Remains Committed to Getting an Extra 100,000 People at Work by End of 2020

The  Government has launched Enterprise 2025 Renewed and the Action Plan for Jobs 2018. The Action Plan for Jobs 2018 is the 7th cross-Government annual plan to

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Westport-based Payslip Secures €1 Million Investment With Leading Technology Investors

    Westport-based Payslip Secures €1 Million Investment With Leading Technology Investors

Global Payroll Software company, Payslip, has announced a €1 million investment, led by Frontline Ventures and AIB, and leading technology

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