Following 24 months of research, planning and development, the new Kells Tech Hub has been officially launched. The Kells Tech Hub is a world class regional enterprise development facility that will, through collaboration, clustering and creative thinking, help to support, promote and develop a culture of entrepreneurship in Kells, throughout Meath and across the wider […]
The Irish Exporters Association, in partnership with platinum sponsors KPMG and Trinity Business School, Trinity College Dublin, has announced that the 18th Export Industry Awards are now open for applications and launched the Alumni Programme for 2018. Companies can now submit their online application at http://www.irishexporters.ie/export-industry-awards/ to compete across 11 export industry related categories and be in with […]
A difficult start to the year – due to weather conditions – somewhat dampened tourism sentiment for many sectors but most businesses report a positive outlook for the remainder of the year. This was one of the findings from the latest Fáilte Ireland Tourism Barometer, a survey of more than 500 tourism businesses around the country. […]
Skillnet Ireland (formerly Skillnets), the national agency for workforce development, has been launched at an event in Co Clare to promote upskilling within enterprise. Its mission is to facilitate increased participation in enterprise training and workforce learning in Ireland. Skillnet Ireland brings together 67 Skillnet Enterprise Learning Networks across the country under one unified brand […]
Ireland could unlock €3.4 billion in untapped GDP if organisations were to optimise their workplaces, according to a new study by Ricoh and Oxford Economics. The research, entitled The Economy of People, found that Ireland could achieve a 1.0% increase in GDP by providing more up-to-date technologies, embracing ethical business practices and enhancing office workspaces.
Responding to the latest CSO house price figures indicating continuing house price growth of 12.1% in the year to March in Dublin and 13.4% elsewhere, Brokers Ireland has warned that unless supply of properties ramps up more quickly in the near future a whole generation now in their late twenties and thirties, and even beyond, […]
Cork headquartered software company Teamwork.com is creating 85 new jobs in Belfast. The company is setting up a development and support hub for a new product which will bring their total product suite to four.
Teamwork.com, a SaaS (Software as a Service) provider, creates online business applications to make teams around the world efficient and organised. It will be […]
“The Irish economy is firmly back on its feet,” according to Loretta O’Sullivan, Group Chief Economist at Bank of Ireland. “Consumer spending is just above its previous peak and will be an important driver of growth going forward.”
The improvement in consumer confidence is being fuelled by rising employment as the economy continues to create jobs. […]
“How do you intervene in a market that is out of balance? We have a lot of policies but implementation is vital,” remarked David Duffy, Director of Property Industry Ireland, the Ibec group that represents the sector, when assessing the issue and challenges facing Ireland’s housing market, where the growth in supply is lagging behind […]
By 2040 the population of the Republic of Ireland will have reached 6 million, according to Eoghan Murphy TD, the Minister for Housing, Planning and Local Government. He added: “Where are these people going to live and how will they live?”
The Minister was the opening speaker at the 2018 National Construction Summit, which was held […]
“All housing, not just for first time buyers, needs to be affordable. This means lower prices in Dublin and surrounding counties, which will bring down rents,” pointed out Colm McCarthy, Economist at University College Dublin, during the recent 2018 National Construction Summit.
Colm McCarthy was a main speaker at the event, where he presented his ‘plan […]
In the latest Friends First Economic Outlook report, Friends First Chief Economist, Jim Power, has warned of the potential dangers of allowing Ireland’s strong economic growth to overshadow the need for rigorous risk assessment, in order to avoid repeating the political and economic pitfalls of the past. An over-reliance on a small number of large […]
In 2017, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €26.8 in the European Union (EU) and €30.3 in the euro area. However, this average masks significant gaps between EU Member States, with the lowest hourly labour costs recorded in Bulgaria (€4.9), Romania (€6.3), Lithuania (€8.0), […]
65% of Irish businesses have not reviewed their supply chain to identify current business relationships that might be negatively impacted by Brexit. This was the finding of a business sentiment survey of 350 Irish Businesses carried out by one of Ireland’s leading accountancy firms, BDO.
Spokesperson Michael Costello, Managing Partner, commented: “Brexit will hit Ireland’s unprepared supply […]
Datapac, Ireland’s leading technology solutions and services provider, has announced that, together with its software partner Swappsi, it has developed and implemented a new centralised records management solution for Ireland’s Education and Training Boards (ETBs). The new system streamlines administrative processes for the ETBs, allowing them to focus on better aligning education and training provision […]
Minister for Business, Enterprise and Innovation, Heather Humphreys TD, Minister for Agriculture, Food and the Marine Michael Creed TD, and Minister for Finance and Public Expenditure and Reform Paschal Donohoe TD have opened the Brexit Loan Scheme for applications to allow for the roll out of €300 million in funding to eligible Irish businesses.
Eligible businesses can […]
In a major boost for the sector Bord Bia has announced that it is commencing recruitment for 29 new positions to support the continued growth and development of Ireland’s world-class food, drink and horticulture industry. This is the largest-ever recruitment drive for the organisation enhancing Bord Bia’s capabilities in the areas of consumer and market insight; marketing and communications; and business development. The new employees will […]
The Government has announced a €29.6 million investment by the Irish Research Council in “frontier research” projects. Thirty-six researchers will receive funding under the Irish Research Council’s new Laureate Awards to conduct ground-breaking research in the life sciences, physical sciences and engineering, and the arts, humanities and social sciences. Projects to be funded under the […]
In 2017, the Irish economy grew by 7.8 per cent. In 2018, GDP is expected to grow by 4.8 per cent, according to the latest ESRI economic forecast. GDP will grow by 3.9 per cent in 2019 based on a technical assumption that a European Economic Agreement (EEA) is in place between the UK and […]
TechConnect Live, Ireland’s largest technology event, is expected to attract over 3,000 visitors from across the Irish and international tech sector to the RDS, Dublin on 30th of May 2018. TechConnect Live provides a unique forum for technology companies, start-ups, investors and the largest Irish and global end users of technology and services in order […]
The Government has published the ‘Research Priority Areas 2018–2023’ report. Research Prioritisation, introduced by the Government in 2012, aligns the majority of competitively awarded public investment in research with 14 priority areas. Innovation 2020, Ireland’s strategy for research and development, science and technology, commits to reviewing the priority areas to ensure that they are still valid […]
A hard Brexit would increase the cost of living for all households in Ireland by 2 per cent to 3.1 per cent – an annual increase of €892 to €1,360 per household, according to the Competition and Consumer Protection Commission. Costs would rise the most for lower-income households. These households spend a greater share of […]
Business leaders across Ireland are firm believers in the power of technology and the important role it plays, not only in supporting their own business needs, but in overcoming the wider socioeconomic issues they face. According to research – Technology in a Transforming Ireland – of Irish business leaders commissioned by Fujitsu, nearly 6-in-10 (59 percent) say […]
Brexit is coming closer and still a lot of questions remain unanswered. People are insecure not only about their own future but also the economic future of Ireland. iReach Insights conducted a nationally representative survey and 1,000 adults were asked about their opinion about the Brexit, it’s potential impact and what Irish people would do, […]
Dún Laoghaire-Rathdown County Council has agreed a Capital Expenditure Programme of over €742 million. The Three Year Capital Programme 2018-2020 will deliver a considerable number of infrastructural and housing projects that are of strategic importance to the County and the Region from both a social and an economic perspective. This will shape the development of […]
With 130,000 people now employed, the technology sector has overtaken agriculture as Ireland’s largest industry, according to Ken Finnegan (pictured above), formerly Chief Technology and Research Advisor for IDA Technology Ireland and now Director of Technology & Innovation for the about to be opened Harbour Innovation Campus at Dún Laoghaire. About 15,000 of these tech […]
Designed to foster collaboration between industry, academia and government agencies, the 2018 Research and Innovation Conference & Exhibition attracted over 1,000 visitors from across the major industrial sectors in Ireland to the Citywest Hotel, Dublin, on Wednesday, March 14th.
The visitors who braved the inclement weather were able to meet with the key organisations that are […]
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 support job creation, while Enterprise 2025 Renewed is a review of Ireland’s longer term enterprise strategy.
Speaking at the launch, Minister for Business, Enterprise and Innovation Heather Humphreys TD stressed the importance of joined-up thinking when it comes to […]
A survey by the Construction Industry Federation (CIF) has found that on average approximately only 1 out of 10 construction workers are female. The survey found that on construction sites 99% of workers are male, whilst offsite, 54% are male and 46% are female. Of those women working in construction roles considered ‘offsite’ the majority […]
Glanbia Ireland, Ireland’s leading dairy and agri-business company, has officially reopened its Wexford cheese plant following a major capital investment programme. The €35 million investment in the facility, just outside Wexford town, has been supported by the Government of Ireland through Enterprise Ireland since 2014 and has doubled peak capacity at the plant.
Glanbia Ireland is […]
The 2018 Research and Innovation Conference & Exhibition, being held on Wednesday, 14th March 2018 at the Citywest Convention Centre, Dublin, will feature an impressive line-up of industry leaders, academics and government agencies who will engage in a stimulating blend of key note addresses and debates.
Designed to foster collaboration between industry, academia and government agencies, […]
The latest Banking and Payments Federation Ireland figures showing very steady improvement in mortgage lending is to be welcomed but the big impediment keeping the market out of kilter with what could be considered the norm is the massive deficit in supply, according to Brokers Ireland.
Rachel McGovern, Director of Financial Services at Brokers Ireland.
Rachel McGovern, […]
“The bioeconomy is a transition requiring a transition,” said Teagasc researcher Dr Maeve Henchion, co-organiser of ‘Ensuring the Continued Success of the Bioeconomy in Ireland: Progressing & Translating Research’, a Teagasc-hosted event held in Dublin recently. She said: “It requires new support frameworks and policies, and new ways of conducting research to ensure it achieves […]
Science Foundation Ireland (SFI) has launched the Research Infrastructure Programme 2018. The aim of the SFI Research Infrastructure Call is to support the research community in building and sustaining the required infrastructural capacity to accomplish high quality, high impact and innovative research in areas of science and engineering that demonstrably enhance and underpin enterprise competitiveness […]
Initiative Ireland, headquartered at NovaUCD, has launched a new annual housing report, entitled Housing 2031. The report was commissioned to provide a more accurate and consistent view of housing supply and demand over the last 25 years in the Republic of Ireland, to more reliably forecast true housing demand up to 2031.
Padraig W Rushe, CEO of […]
By John Whelan
International policy leaders attending the recent Bio Pharma Ambition conference in Dublin Castle were addressed by Dr Lorraine Nolan, the chief executive of Ireland’s Health Products Regulatory Authority and a member of the European Medical Agency (EMA). She stressed that continued good working relationships with the UK regulatory MRHA, would be essential for the […]
The Government has published The National Development Plan 2018–2027, the most recent in the series of such capital plans adopted since 1988. The National Development Plan 2018–2027 is an ambitious plan designed to drive Ireland’s long term economic, environmental and social progress across all parts of the country over the next decade. The plan is […]
From helping small businesses spot ‘mega’ trends to assisting start-ups to close more sales, the 31 Local Enterprise Offices (LEOs) are teaming up to run hundreds of events across the country from 4th to 9th March.
Over 300 events are planned for Local Enterprise Week (4th to 9th March), to increase awareness of the range of […]
The Government has announced the development of Ireland’s first national Space Strategy for Enterprise by the Department of Business, Enterprise and Innovation. The Strategy will set out how Ireland can maximise the benefit of its investment in the European Space Agency (ESA) and in the European Union’s (EU) flagship space programmes, Copernicus, Galileo and Horizon […]
The Government has published an independent study by Copenhagen Economics examining the impact of Brexit on Ireland’s trade and economy. The study examines the implications and quantifies the impact of possible new barriers to trade which might emerge as a result of Brexit. It considers a range of possible Brexit scenarios – an EEA-type scenario, a […]
Food Drink Ireland (FDI), the Ibec group that represents the food industry, has said the full implementation of the December Brexit deal was vital to protect complex all-island supply chains. The deal now needs to be put into a binding legal contract, there can be no black-sliding on clearly agreed commitments. At the launch of […]
The National Institute for Bioprocessing Research and Training (NIBRT) has published its 2017 Annual Report, announcing substantial growth across all areas of research and training activity. 2017 was another excellent year for NIBRT, a year which saw activities continue to grow on the back of a robust and thriving biopharma sector. In particular, NIBRT research […]
The new EU Winter 2018 Interim Economic Forecast puts GDP growth for Ireland at 7.3% for 2017 – compared to the 4.8% predicted in the Autumn Economic Forecast. This is the fastest growth rate in the EU for 2017.
The forecast growth rate for 2018 is also revised upwards – from 3.9% to 4.4%. This is the third highest […]
Chef Software, a Seattle based software company, and leader in Continuous Automation software, is to create 55 new jobs with a new software development centre in Belfast. Chef is one of the founders of the DevOps (Development and Operations) movement, and has over 1,000 customers spread across many industries such as Facebook, Nordstrom, Target, IBM […]
The European Investment Fund (EIF) has signed a second agreement with Microfinance Ireland (MFI) to support 2,100 micro-entrepreneurs under the European Commission’s EU Programme for Employment and Social Innovation (EaSI) after the first one signed in 2015. As a result of the EU support, the EaSI guarantee provided by the EIF will enable MFI to provide an […]
A net total of 3,700 new jobs were delivered in 2017 by start-ups and small businesses from across the country that have been supported by the Local Enterprise Offices (LEOs). This brings the total number of new jobs created by LEO-backed companies to 15,000 since the LEOs were set up in 2014.
The jobs results by […]
JLL has released new research that places Dublin as a global ‘Innovator’ city for the future. Among the new city types, ‘Innovators’ that possess world-class capabilities in science and technology have seen investment volumes grow by 50% since 2006.
Underpinned by strong entrepreneurial and research capabilities, Innovators such as Berlin, Boston, Seattle and Dublin are important cities in […]
Irish gin is expected to go global this year, with exports set to rise significantly, according to Alcohol Beverage Federation of Ireland (ABFI), which has just released its outlook for 2018. In the outlook, ABFI, which represents drinks manufacturers and suppliers in Ireland, raised serious concerns about what it describes as the draconian and disproportionate […]
The Irish manufacturing sector, which contributes 25% of GDP and employs over 44,000 people both directly and indirectly, is key to Ireland’s continued economic success, according to Pat Breen TD (pictured above), Minister of State with special responsibility for Trade, Employment, Business, EU Digital Single Market and Data Protection. However, manufacturers face two formidable challenges […]
Attracting more than 2,500 visitors, from across the country, and featuring 235 speakers and 350 exhibitors, the 2018 National Manufacturing and Supply Chain Conference & Exhibition, held recently in the Citywest Convention Centre in Dublin, is the largest annual gathering of the manufacturing and supply chain community in Ireland.
Now in its fifth year, the National […]
“Businesses across Ireland must prepare themselves for a ‘hard’ Brexit. You must establish your exposure now,” cautioned Lucinda Creighton (pictured), when addressing the recent National Manufacturing and Supply Chain Conference & Exhibition, held at the Citywest Convention Centre in Dublin.
Lucinda Creighton is the founder of Vulcan Consulting and a former Member of Parliament and Minister […]
Over 50,000 jobs have been created in the construction industry since the lowest point of the recession in 2013. CSO figures indicate that industry has hired approximately 1000 people per month in this period. It is expected that 1 in 16 people in the economy will be employed in construction by 2019 as the industry […]
The Irish Tourism industry needs to work towards changing the perception amongst overseas visitors to reposition Irish food and drink from being a pleasant surprise to becoming one of the compelling reasons to visit Ireland, according to remarks from Paul Keeley, Director of Commercial Development at Fáilte Ireland, at a briefing to tourism and food […]
A record-breaking 29.6 million passengers travelled through Dublin Airport last year. A significant increase in long-haul traffic, and a robust performance from continental European routes, were the main elements of a 6% increase in passenger numbers in 2017, which was the seventh consecutive year of growth at Dublin Airport.
About 27.8 million passengers started or ended […]
Take placing on the 31st January in the Citywest Convention Centre, Dublin, the 2018 National Manufacturing and Supply Chain Conference will be the largest gathering of manufacturing and supply chain professionals in Ireland. The annual event will welcome 3,000 manufacturing and supply chain industry professionals, 200 speakers and will feature more than 170 exhibitors.
There will […]
The Department for Business, Enterprise and Innovation’s second survey of SMEs about the impacts of Brexit on their businesses found that while 75% of SMEs expect to be impacted by Brexit over the next 18 months, only 16% have a formal Brexit contingency plan.
The Behaviours & Attitudes (B&A) survey, which was conducted last autumn, asked […]
Policies should aim to rebalance growth by encouraging regional development led by a small number of large urban centres outside Dublin, according to new ESRI research. If the current pattern of growth continues, it will lead to a further gap in prosperity between Dublin and the rest of the country. In Dublin, it will lead to additional […]
The Rebuilding Ireland Home Loan, a new Government-backed mortgage for first-time buyers, will be available nationwide from local authorities from Thursday, 1 February 2018. The loan can be used both for new and second-hand properties, or to build your own home.
In line with Central Bank rules, a person or couple can borrow up to 90% […]