HBAN (Halo Business Angel Network), the all-island organisation and joint initiative of Enterprise Ireland and InterTradeIreland, responsible for the promotion of business angel investment, plans to sign up a record 35 new business angel investors at its national conference on Thursday 8th February in the Royal Hospital, Kilmainham. They will bring a combined €7 million of […]
GIY and Energia are calling on people across to the country to get growing their own food in 2018 and are offering all budding growers the opportunity to apply for funding from the ‘Energia Get Ireland Growing’ €75,000 funding pool.
Grants from the Energia Get Ireland Growing Fund will be split across three categories ‘Sow’, ‘Grow’ and […]
The European Investment Bank is to provide a loan of €490 million to support construction of the new children’s hospital in Dublin. This represents the largest ever financial engagement by the European Union’s long-term lending institution in Ireland and the EIB’s first backing for a hospital in the country.
The new children’s hospital project includes two […]
Invest Northern Ireland has appointed managers for a new £50 million fund which will generate investment into high potential Northern Ireland companies. Clarendon Fund Managers Limited (CFM) has been appointed to manage the Co-Fund NI II which aims to stimulate more private investment in NI companies that demonstrate high growth potential and have innovative and export […]
GIY in partnership with Energia have launched ‘Energia Get Ireland Growing’, a €75,000 pool of funding available to enable food growing by community and voluntary organisations all across Ireland including Northern Ireland. The application period is open until 19th January, 2018.
The ‘Get Ireland Growing’ initiative has to date supported almost 500 community food growing projects, positively […]
The European Investment Fund (part of the EIB Group) and the Strategic Banking Corporation of Ireland (SBCI) have tripled their finance for Irish SMEs under the COSME programme in Ireland with a new increase to €330 million. The deal means that from 2018, in total, an expected 10,000 companies in all sectors across Ireland will […]
HBAN (Halo Business Angel Network), the all-island group responsible for the promotion of business angel investment in Ireland, plans to increase the amount invested in Irish start-ups by HBAN angels to €25 million per year by 2020. This will see HBAN increasing angel investment by 17% per year for the next four years.
A key focus will […]
Zeeko, an Irish EdTech start-up, has secured just over €100,000 in funding through the Horizon 2020 SME Innovation Associate Programme. The company is using the funding to launch a new research project, initially involving school children in Ireland, to evaluate the side effects of virtual reality (VR) technology on children’s health.
Zeeko, which was founded in […]
Having successfully completed a €4 million funding round earlier this year, marine foods ingredients firm, Bio-marine Ingredients Ireland (BII) has been further boosted with an investment of €750,000 from Enterprise Ireland. The company has just commenced full commercial production at its €12 million marine ingredients processing facility in Lough Egish, Co Monaghan. Fifteen of the […]
The European Commission has found the prolongation until 30 April 2018 of an Irish scheme aimed at restructuring credit unions, to be in line with EU state aid rules, and in particular the 2013 Banking Communication. The objective of the scheme is to underpin the stability and long-term viability of credit unions and the credit union sector […]
Invest Northern Ireland has offered eight companies in Belfast support to collectively create 55 jobs. The companies, from a range of sectors including software, construction, cybersecurity and consumer products are investing over £4million in the local economy.
Welcoming the investments, Moira Loughran, Invest NI’s Eastern Regional Manager, said: “The investments by these ambitious Northern Ireland companies […]
The European Parliament, the Council and the Commission have agreed on elements of the review of the Bank Recovery and Resolution Directive (BRRD) and of the Capital Requirements Regulation (CRR) and Directive (CRD) proposed in November 2016, an important piece of the Commission’s ongoing work to reduce risk in the banking sector and in line with […]
The number of credit institutions in the euro area banking sector declined by 25% between 2008 and 2016, according to the ECB’s 2017 Report on financial structures (RFS). On an unconsolidated basis, the number of credit institutions at the end of 2016 was 5,073, having fallen from 5,474 at the end of 2015. On a […]
Initiative Ireland has launched Ireland’s first syndicated property finance platform (www.initiativeireland.ie). The launch coincides with the company’s pre-approval of a €1.5 million secured loan, which has been approved for funding via the platform. The largest crowd-lending loan approved to date in Ireland, the loan will fund the development of 10 social housing apartments and a […]
The Government has officially launched the 5-year Acclimatize project (www.acclimatize.eu/), a new €6.7 million climate change research initiative, with Professor Andrew J. Deeks, President, University College Dublin (UCD). The project has been part-funded by the European Regional Development Fund through the Ireland Wales Programme 2014-2020.
The overall objective of the project, led by UCD in partnership with […]
The European Commission has decided to refer Ireland to the European Court of Justice for failing to recover from Apple illegal State aid worth up to €13 billion, as required by a Commission decision. Commissioner Margrethe Vestager, in charge of competition policy, says: “Ireland has to recover up to 13 billion euros in illegal State aid […]
Tandem HR Solutions, the Irish company which has developed a powerful new HR Tech solution to help organisations re-shape how employee performance is managed through driving enhanced coaching and feedback practices, has attracted €2m in seed funding from investors led by Frontline Ventures, along with ACT Venture Capital, Enterprise Ireland and angel investors.
The €2m investment […]
Cork Chamber has issued key recommendations to Government ahead of the annual budget. This comes after the Chamber asked its 1,200 members about the measures most wanted in the budget. In its submission, the Chamber includes a number of specific recommendations to improve Cork as a place to work and live. Among these are:
Urgent investment […]
The Minister for Culture, Heritage, and the Gaeltacht, Heather Humphreys, has launched the Co-Innovate programme in Monaghan, along with Permanent Secretary of the Department for the Economy, Dr Andrew McCormick.
Co-Innovate aims to increase the numbers of small and medium enterprises (SMEs) involved in research and innovation across the border region of Ireland (Cavan, Donegal, Leitrim, […]
The Minister for Health, Simon Harris TD has welcomed the recent announcement from the Department of Rural and Community Development of the approval of the 2017 Dormant Accounts Action Plan. Additional funding of up to €3.46 million is being made available to the Department of Health in the period 2017-2019 to support a range of […]
Minister for Rural and Community Development Michael Ring has approved over €11 million in funding for projects under Measures 1 and 3 of the 2017 Outdoor Recreation Infrastructure Scheme.
The Scheme is part of the Government’s Action Plan for Rural Development and provides funding for the development of new outdoor recreational infrastructure and the maintenance, enhancement […]
On Thursday the 6th of July a regional information session will be hosted by Enterprise Ireland for those interested in obtaining further information, and those who may be interested in submitting applications under the new Regional Enterprise Development Fund. The event will take place at The Red Cow Hotel, Dublin from 1.30pm to 3.30pm. Attendance […]
New funding has been announced for female entrepreneurs living in Cork and Limerick. The Women’s Rural Entrepreneurial Network (WREN) project will see more than €330,000 in funding, provided by the Department of Justice and Equality and the European Social Fund, allocated to promote entrepreneurial skills amongst women in these regions, through a tailored and focused […]
Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor TD and Minister of State for Employment and Small Business Pat Breen TD have launched a new Regional Enterprise Development Fund of up to €60 million.
This competitive funding has been provided by the Department of Jobs through Enterprise Ireland and is a key action to support […]
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 and entrepreneurs. KBC’s Business Bright Ideas will assist for-profit organisations in the business of having a positive impact on a city or community by addressing […]
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 Fund was established, in line with the commitment made in Rebuilding Ireland, to provide AHBs with the means to test innovative ideas on new funding […]
Enterprise Ireland’s €750,000 Competitive Start Fund (CSF) for Female Entrepreneurs will open for applications on Wednesday 3 May. Up to €50,000 in equity funding is available to a maximum of 15 successful female applicants with early stage start-up companies. Last year, one in three companies who received CSF investment from Enterprise Ireland were female-led.
As well […]