Industry & Business

Investment

KBC Bank Ireland launches new fund for Ireland’s Bright Ideas

    KBC Bank Ireland launches new fund for Ireland’s Bright Ideas

BC Bank Ireland has announced that as part of KBC Bright Ideas it has doubled its support fund to €200,000 and launched a new scheme for Ireland’s leading social innovators

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GMIT to double its Innovation Hub space

    GMIT to double its Innovation Hub space

Galway-Mayo Institute of Technology (GMIT) is set to double the size of its Innovation Hub (iHub) building at the Galway campus following €5 million funding approval from Enterprise Ireland. Minister

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25 new software and tech jobs for Drogheda

    25 new software and tech jobs for Drogheda

Fintech software company Aphix Software has announced the creation of 25 new jobs at its Drogheda base. The new positions, supported by the Department of Jobs, through Enterprise Ireland are

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Manufacturing Technology Centre to create 40 hi-tech jobs in 2017

    Manufacturing Technology Centre to create 40 hi-tech jobs in 2017

Irish Manufacturing Research, Ireland’s first Independent, industry driven, research and technology organisation has opened with the creation of 40 jobs. The Centre specialises in advanced manufacturing technologies and the positions

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€220k fund available for startup projects

    €220k fund available for startup projects

Social Innovation Fund Ireland (SIFI) has made a €220,000 fund available for innovative early stage projects that addresses health or social issues in Ireland. ‘Animate 2017’ will share the fund

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First Derivatives to hire 400 graduates

    First Derivatives to hire 400 graduates

Fintech company First Derivatives is to take on 400 graduate recruits this year and has also reported a 30% increase in revenues for the year of £151.7 million. The company

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Enterprise Ireland client company exports increase by 6%

    Enterprise Ireland client company exports increase by 6%

Enterprise Ireland has announced that its clients recorded export sales of €21.6 billion in 2016, representing a 6% increase on 2015. Export growth to the UK, however, which accounted for

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InterTradeIreland launches Brexit Advisory Service

    InterTradeIreland launches Brexit Advisory Service

A dedicated InterTradeIreland advice service aimed at helping SMEs navigate the challenges of Brexit has been launched. Businesses will be able to access a raft of supports from the Brexit

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Funding of €100k for Approved Housing Bodies gets go ahead

    Funding of €100k for Approved Housing Bodies gets go ahead

Damien English, Minister of State for Housing and Urban Renewal, has announced the approval of over €100,000 in funding for four Approved Housing Bodies (AHBs) under the Innovation Fund. This

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Mallinckrodt to create 45 jobs at new Dublin centre

    Mallinckrodt to create 45 jobs at new Dublin centre

Pharmaceutical company Mallinckrodt has reported it is to create 45 high-skilled jobs at its new medical device engineering centre in Blanchardstown in Dublin. The jobs will be in a range

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College Green must work as transport artery first, plaza second – Dublin Chamber

    College Green must work as transport artery first, plaza second – Dublin Chamber

Dublin Chamber, the group which represents businesses in the Dublin region, has expressed concern over the lack of clarity regarding how traffic will move around the city once the new

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Final call for entries to €280,000 Seedcorn investor readiness competition

    Final call for entries to €280,000 Seedcorn investor readiness competition

InterTradeIreland is calling all start-ups and early stage companies across the island to enter the Seedcorn Investor Readiness Competition before the deadline on 26 May 2017. In addition to being

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EHL Ingredients increases manufacturing capacity by 50%

    EHL Ingredients increases manufacturing capacity by 50%

EHL Ingredients, a leading importer, blender and packer of food ingredients from around the world, has acquired a new manufacturing site at the Broadstone Industrial Estate in Stockport giving them

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EngageSmith creates 20 jobs with €400K investment

    EngageSmith creates 20 jobs with €400K investment

Millennial training company EngageSmith has announced it will create 20 new jobs by the end of 2019 as it develops its range of training and e-learning products to respond to the growing

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Businesses, public bodies encouraged to enter SEAI Awards

    Businesses, public bodies encouraged to enter SEAI Awards

The Sustainable Energy Authority of Ireland (SEAI) has started the search for sustainable energy leaders as it launched its 14th annual energy awards, the longest running energy leadership awards in

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4,000 jobs to be added by 2020 – Irish Medtech Association

    4,000 jobs to be added by 2020 – Irish Medtech Association

The Government must invest in new technologies and skills to reap the benefits from advances in manufacturing, or get left behind as the UK and US fight for manufacturing investment

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€10m upgrade planned by Bank of Ireland

    €10m upgrade planned by Bank of Ireland

Bank of Ireland is planning to spend €10 million on upgrading its branch network. Works will include opening a new branch in Cherrywood, south Dublin this September. The Bank also

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Cork Airport launches tech competition

    Cork Airport launches tech competition

Cork Airport has launched a competition to invite tenders from the tech community in Cork under the Small Business Innovation Research (SBIR) initiative. The competition, in partnership with Enterprise Ireland,

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Trinity College plans €1bn tech & enterprise campus

    Trinity College plans €1bn tech & enterprise campus

A startup incubator in Dublin run by Boston-based Cambridge Innovation Centre (CIC) is set to be included in a €1bn technology and enterprise campus being planned by Trinity College. The

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Immedis acquires US international payroll company Expaticore

    Immedis acquires US international payroll company Expaticore

Payroll technology and employment tax services firm Immedis has announced a $10 million acquisition of US international payroll company, Expaticore. Expaticore has an established international client base and a proven

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BorgWarner adds new production line for electric vehicle technology

    BorgWarner adds new production line for electric vehicle technology

Hybrid and electric vehicle (EV) technology company BorgWarner has announced a €10 million investment in capital equipment and a €1.5 million investment in its facility in Tralee to expand the

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SFI to invest €72 million in new Research Centres

    SFI to invest €72 million in new Research Centres

Science Foundation Ireland has announced it will invest €72 million over the next six years in four new world-class SFI Research Centres in Ireland. The new SFI Research Centres will

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Diaceutics signs multi-million-euro partnership with BioReference Laboratories

    Diaceutics signs multi-million-euro partnership with BioReference Laboratories

Irish data insights and solutions company Diaceutics has announced a five-year multi-million-euro partnership with US-based BioReference Laboratories. The partnership will see Diaceutics acquire real-time testing data from BioReference, allowing it

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Novi invests €510,000 in proactive service centre

    Novi invests €510,000 in proactive service centre

Managed services provider Novi has invested €510,000 in a new Proactive Service Centre in Naas, Co, Kildare. The investment includes

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Monex Scholarship Program launched at UCC

    Monex Scholarship Program launched at UCC

Monex Financial Services has announced details of a new scholarship program created to support Killarney Leaving Cert students accepted to

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Government action needed on EU tendering opportunities – ISME

    Government action needed on EU tendering opportunities – ISME

Last month, ISME, the Irish Small and Medium Enterprises Association identified that billions of euro in tendering opportunities would open

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Ostoform wins AIB Start-up Academy 2017

    Ostoform wins AIB Start-up Academy 2017

Limerick company Ostoform has won the 2017 AIB Startup Academy competition ahead of 13 other contenders who pitched for the

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New postal service offers businesses more choice

    New postal service offers businesses more choice

Citypost has announced it is launching a new nationwide postal service for businesses. The independent postal service said its €0.79

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DCU Showcase gives companies opportunities to engage with research experts

    DCU Showcase gives companies opportunities to engage with research experts

For companies interested in innovation through R&D, the DCU Business Matchmaker and Research Showcase 2017 gives firms the opportunity to

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Citrix to create 150 new Dublin jobs

    Citrix to create 150 new Dublin jobs

Citrix has announced that it will create 150 new jobs as part of an expansion drive at its Dublin office,

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Cork County Council & Cork Smart Gateway launch Small Business Innovation Research (SBIR) Challenge

    Cork County Council & Cork Smart Gateway launch Small Business Innovation Research (SBIR) Challenge

Cork County Council together with the Cork Smart Gateway initiative and the Age Friendly Alliance have launched the €80k Small

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Meat Technology Ireland launched

    Meat Technology Ireland launched

Meat Technology Ireland, a strategic research and innovation base in beef and sheep meat processing in Ireland, has been launched

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Irish IT services firm EMIT acquires Softech

    Irish IT services firm EMIT acquires Softech

IT services firm EMIT has announced it has acquired the manage services business and customer base of Irish IT service

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Teagasc hosts meeting to support short food supply chains

    Teagasc hosts meeting to support short food supply chains

On the 10th and 11th of April, Teagasc hosted 20 EU experts in Galway for a two day meeting to

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CWSI signs €2m deal with UK mobile network

    CWSI signs €2m deal with UK mobile network

Irish-owned security systems firm CWSI has signed a deal worth €2 million a year with a UK mobile network. CWSI

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20 new jobs at Windsor Motor Group

    20 new jobs at Windsor Motor Group

Windsor Motor Group has announced the appointment of Peter Nicholson as its new managing director and the creation of 20

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FundRock opens new Dublin office

    FundRock opens new Dublin office

FundRock Management Company S.A., a leading independent UCITS Fund Management Company and AIFM (Alternative Investment Fund Manager), has opened its

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New cloud exchange solution brings Equinix’s investment in Ireland to over €18.5m

    New cloud exchange solution brings Equinix’s investment in Ireland to over €18.5m

Equinix, Inc, the global interconnection and data centre company, has announced that its total investment in Ireland now surpasses €18.5

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Cork start-up programme IGNITE to double capacity

    Cork start-up programme IGNITE to double capacity

Cork start-up programme IGNITE has officially announced it is to double capacity. Speaking this week in UCC’s Western Gateway Building

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Nutanix Cloud improves Vhi’s IT flexibility and performance

    Nutanix Cloud improves Vhi’s IT flexibility and performance

Enterprise cloud computing firm Nutanix has announced the implementation of its enterprise cloud solution for insurance provider, Vhi Group. Currently

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Extra 300,000 premises to get high speed broadband

    Extra 300,000 premises to get high speed broadband

Minister for Communications, Climate Action and Environment, Denis Naughten has announced that an additional 300,000 premises across Ireland will be

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DiskShred invests €500,000 in on-site shredding service

    DiskShred invests €500,000 in on-site shredding service

DiskShred, a leading on-site IT shredding provider in Ireland, has announced it is investing €500,000 in its shredding service. The

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Economic growth outlook impressive despite Brexit effects

    Economic growth outlook impressive despite Brexit effects

Ibec’s new Q1 Quarterly Economic Outlook forecasts growth of 3.1% for 2017 and 2.8% in 2018. Strong improvements in consumer

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€44m investment in early stage funding for high growth companies announced

    €44m investment in early stage funding for high growth companies announced

The Minister for Jobs, Enterprise & Innovation, Mary Mitchell O’Connor has announced that up to €44 million is being made

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Asavie opens new HQ in Kuala Lumpur

    Asavie opens new HQ in Kuala Lumpur

Irish IoT platform provider Asavie has announced the opening of a new regional headquarters in Kuala Lumpur, Malaysia and the

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Brexit talks must deliver free access to UK market says IDIA

    Brexit talks must deliver free access to UK market says IDIA

The Irish Dairy Industries Association (IDIA), the Ibec group that represents the dairy sector, has called for the sector to be

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Minister for Jobs launches VODAFONE & SIRO National Gigabit Hub Initiative

    Minister for Jobs launches VODAFONE & SIRO National Gigabit Hub Initiative

Minister for Jobs, Enterprise & Innovation, Mary Mitchell O’Connor has launched Vodafone and SIRO’s national Gigabit Hub Initiative, which aims

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Boulder Media to expand Dublin studio

    Boulder Media to expand Dublin studio

Boulder Media, which was acquired in 2016 by Hasbro, Inc, is adding several new animation positions to its operations in

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€3m investment for Sandyford business district

    €3m investment for Sandyford business district

More than €3 million is to be invested in improving Sandyford’s business district over the next five years. Funded by

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ISIF invests €50m in Reverence Capital Partners Opportunities Fund

    ISIF invests €50m in Reverence Capital Partners Opportunities Fund

A fund run by former executives at Goldman Sachs has received €50m from the Irish Strategic Investment Fund (ISIF) to

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Paul Synnott appointed as a Director of Esri Ireland

    Paul Synnott appointed as a Director of Esri Ireland

Esri Ireland, a global leader in Geographic Information’s Systems (GIS), has appointed Paul Synnott to its board of directors. In his

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€720m spent on Irish hotel transactions in 2016

    €720m spent on Irish hotel transactions in 2016

According to new research from Cushman & Wakefield, a record €720 million was spent on 51 hotel transactions in Ireland

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Reluctance among asset management sector to adapt to technological advances

    Reluctance among asset management sector to adapt to technological advances

A new study from PwC has reported that Brexit and digital technology will reshape the asset and wealth management industry,

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Dublin City Council announces €100k of innovation procurement funding to increase cycling in city

    Dublin City Council announces €100k of innovation procurement funding to increase cycling in city

Four companies have been each awarded €25,000 Phase 2 funding to develop smart technology solutions to help increase bicycle usage,

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Enterprise Ireland brings 11 client companies to Texas event

    Enterprise Ireland brings 11 client companies to Texas event

Minister for Employment and Small Business Pat Breen is leading a 4-day Enterprise Ireland trade visit to the USA. The

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Plans to transform Abbeyfeale convent into business hub

    Plans to transform Abbeyfeale convent into business hub

Abbeyfeale Community Council plans to transform the convent into a hub for new businesses and job creation, a community events

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HBAN angels invested €13.6m in 50 Irish start-ups in 2016

    HBAN angels invested €13.6m in 50 Irish start-ups in 2016

HBAN (Halo Business Angel Network), the all-island group responsible for the promotion of business angel investment in Ireland, recently announced

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Irish small firms unaware of Brexit dangers

    Irish small firms unaware of Brexit dangers

Many Irish small- and medium-sized businesses are still unaware of the dangers posed to them by Brexit, according to a

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