Industry & Business

Funding

Exertis SCS to Lead Collaborative Blockchain Initiative

    Exertis SCS to Lead Collaborative Blockchain Initiative

Exertis, a leading distributor of technology products for the B2B, mobile and retail markets, has announced that its Exertis Supply Chain Services (SCS) organisation has secured funding for its ground-breaking

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1 in 5 FinTech Companies in Ireland Plan to Raise at Least €5 Million in Next Funding Round

    1 in 5 FinTech Companies in Ireland Plan to Raise at Least €5 Million in Next Funding Round

Nearly one in five (19%) of fintech companies operating in Ireland plan to raise €5 million or more in their next funding round, while 22% of companies expect to raise

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Irish Genetics Company Wins €1.8 Million ‘Beyond Food Labelling’ R&D Grant

    Irish Genetics Company Wins €1.8 Million ‘Beyond Food Labelling’ R&D Grant

Irish genetics company IdentiGEN has welcomed a €1.8 million research and development award to further strengthen its position as a world leader in DNA technologies within the food industry. IdentiGEN,

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Enterprise Ireland and HSE Invite SMEs to Tackle Diabetes in New Challenges

    Enterprise Ireland and HSE Invite SMEs to Tackle Diabetes in New Challenges

A new competition to address health complications that arise as a result of diabetes has been announced by Enterprise Ireland and the HSE through the Small Business Innovation Research (SBIR)

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Over €75 Million For 27 Groundbreaking Projects Under Disruptive Technologies Innovation Fund

    Over €75 Million For 27 Groundbreaking Projects Under Disruptive Technologies Innovation Fund

The Government has unveiled the 27 innovative projects who are sharing over €75 million in funding out to 2021 under the first tranche of the Disruptive Technologies Innovation Fund. They include

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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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Accela Expands Operations in Ireland

    Accela Expands Operations in Ireland

Accela, the leading provider of cloud-based productivity solutions for government, has announced the opening of its Dublin office and plans to double the company’s current Ireland workforce. With support by

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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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Vox Financial Identifies New Opportunities in Response to Brexit

    Vox Financial Identifies New Opportunities in Response to Brexit

FinTech consultancy Vox Financial Partners has developed new software that will improve efficiencies in the global financial services industry post Brexit. The Belfast-based banking technology and consultancy firm plans to

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Fire Science Firm Efectis Establishes Testing Centre in Northern Ireland

    Fire Science Firm Efectis Establishes Testing Centre in Northern Ireland

Efectis is establishing a new business in Northern Ireland, offering fire testing services to UK and Ireland based manufacturing businesses who are servicing the construction sector. Seven new roles will be created

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€100 Million Investment For Four Capital Developments at Trinity College Dublin

    €100 Million Investment For Four Capital Developments at Trinity College Dublin

Teaching, research and student accommodation at Trinity College Dublin will be transformed over the next two years with the backing of a €100 million long-term European Investment Bank (EIB) loan

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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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HealthBeacon Opens New Production Facility

    HealthBeacon Opens New Production Facility

Irish digital health technology company HealthBeacon has officially opened its newly expanded Irish headquarters in Dublin 12. HealthBeacon has been on an upward trajectory since founding in 2014, with 2018

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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 by Invest Northern Ireland. The Fund is a successor to

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€8 Million in Government Funding Awarded by SEAI to Innovative Energy Research Projects

    €8 Million in Government Funding Awarded by SEAI to Innovative Energy Research Projects

The Government has announced €8 million in funding to support 45 innovative energy projects in companies and research institutions across Ireland. The Sustainable Energy Authority of Ireland (SEAI) is responsible

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GDG Wins European Funds to Develop Novel Asset Management Software

    GDG Wins European Funds to Develop Novel Asset Management Software

Gavin and Doherty Geosolutions (GDG), an award-winning specialist firm focused on the delivery of infrastructure projects involving complex and challenging ground conditions, has been awarded the first stage of the

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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 place at its Dublin Brexit Advisory Clinic in June. Almost

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Landmark Deal Secures €118 Million of Investment For Agri Tech Company Devenish Nutrition

    Landmark Deal Secures €118 Million of Investment For Agri Tech Company Devenish Nutrition

Belfast-based agri technology company Devenish Nutrition has secured €118 million in long-term funding to enable its research, development and growth plans. This major refinancing deal is made possible by a

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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 €2 million worth of funding will be made available to

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Digitalisation of Irish SMEs and National Research Investment to Benefit From European Best-practice

    Digitalisation of Irish SMEs and National Research Investment to Benefit From European Best-practice

Crucial future investment to improve Ireland’s competitiveness will be strengthened by assessment of international best-practice in two key policy areas. EIB (European Investment Bank) advisory experts will identify ways to

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Enterprise Ireland Launches €500,000 Competitive Start Fund For Entrepreneurs in Marine Technology and Agritech Sectors

    Enterprise Ireland Launches €500,000 Competitive Start Fund For Entrepreneurs in Marine Technology and Agritech Sectors

Enterprise Ireland has announced a new Competitive Start Fund (CSF) totalling up to €500,000 to support start-ups in the marine technology and agritech sectors. The fund was launched by Minister

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Ambitious Enterprise Cross-Border Rail Strategic Development Plan Launched

    Ambitious Enterprise Cross-Border Rail Strategic Development Plan Launched

Translink and Iarnród Éireann have launched an ambitious new strategic development plan for the Cross-border Enterprise Rail Service between Belfast and Dublin. Called ‘Better Connecting Dublin and Belfast’, the strategy

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European Commission Proposes Most Ambitious Research and Innovation Programme Yet

    European Commission Proposes Most Ambitious Research and Innovation Programme Yet

For the next long-term EU budget 2021-2027, the European Commission is proposing €100 billion for research and innovation. A new

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Innovation at the Heart of North West Brewery

    Innovation at the Heart of North West Brewery

Walled City Brewery, located in Derry’s exciting new cultural quarter Ebrington Square, has been assisted by Invest Northern Ireland to

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SEAI Encourages Researchers to Avail of New €500,000 Government Fund

    SEAI Encourages Researchers to Avail of New €500,000 Government Fund

Funded by the Department of Communications, Climate Action and Environment, the Sustainable Energy Authority of Ireland (SEAI) has announced a

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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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Three Early-Stage Start-ups Spin-in to NovaUCD

    Three Early-Stage Start-ups Spin-in to NovaUCD

Three early-stage start-ups have become the latest companies to spin-in to NovaUCD and join the community of entrepreneurs at University

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Newry Software Business Creating 14 New Jobs to Support Growth in the US

    Newry Software Business Creating 14 New Jobs to Support Growth in the US

Fieldmotion is expanding its workforce in Newry as part of an investment targeting additional US sales. The company is benefiting from

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Cork Software Provider Opens New Development Centre in Belfast

    Cork Software Provider Opens New Development Centre in Belfast

Cork headquartered software company Teamwork.com is creating 85 new jobs in Belfast. The company is setting up a development and support hub for

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Local Businesses Can Save Up to 90% on Lighting Costs

    Local Businesses Can Save Up to 90% on Lighting Costs

The Sustainable Energy Authority of Ireland (SEAI) is now accepting applications from businesses for €3 million in government-funded Smart Lighting

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€22 Million Funding For New Bio-economy Research Project Led by Glanbia Ireland

    €22 Million Funding For New Bio-economy Research Project Led by Glanbia Ireland

The European Commission has announced €22 million in funding for a new bio-economy research project to be led by Glanbia

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Conor O’Loughlin of Glofox is Ireland’s Best Young Entrepreneur For 2018

    Conor O’Loughlin of Glofox is Ireland’s Best Young Entrepreneur For 2018

A 35 year old former Connacht Rugby star from Athlone was named Ireland’s Best Young Entrepreneur (IBYE) for 2018 at the recent

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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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Government Funding of €10 Million For Energy Efficiency Design Projects

    Government Funding of €10 Million For Energy Efficiency Design Projects

The Sustainable Energy Authority of Ireland (SEAI) is now accepting applications from organisations planning an investment in a new design project or

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Diaceutics Raises €4.3 Million to Support Global Expansion

    Diaceutics Raises €4.3 Million to Support Global Expansion

Irish company, Diaceutics, the diagnostic commercialisation company that improves patient outcomes via better diagnostic testing, has raised €4.3 million in new

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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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Government Opens €300 Million Brexit Loan Scheme For Applications

    Government Opens €300 Million Brexit Loan Scheme For Applications

Minister for Business, Enterprise and Innovation, Heather Humphreys TD, Minister for Agriculture, Food and the Marine Michael Creed TD, and

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Enterprise Ireland Announces Graduate Entrepreneurship €500,000 Competitive Start Fund to Accelerate Growth of Start-ups

    Enterprise Ireland Announces Graduate Entrepreneurship €500,000 Competitive Start Fund to Accelerate Growth of Start-ups

Enterprise Ireland’s Competitive Start Fund (CSF) for recent graduates will open for applications on Tuesday 10th April 2018. The €500,000

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Maynooth Scientist Leads €6.3 Million SFI/Industry Project in Drone Operations Research

    Maynooth Scientist Leads €6.3 Million SFI/Industry Project in Drone Operations Research

Futurists predict that drone technology will soon significantly transform our daily lives, changing how we deliver and collect goods, giving

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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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Registration Opens For EU Financing of Free Wireless Internet Hotspots in Public Spaces

    Registration Opens For EU Financing of Free Wireless Internet Hotspots in Public Spaces

The European Commission has launched the WiFi4EU web portal. As of now, municipalities all over Europe are invited to register their

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Dún Laoghaire-Rathdown County Council Provides Over €742 Million For Future Development

    Dún Laoghaire-Rathdown County Council Provides Over €742 Million For Future Development

Dún Laoghaire-Rathdown County Council has agreed a Capital Expenditure Programme of over €742 million. The Three Year Capital Programme 2018-2020

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2018 Research and Innovation Conference & Exhibition Provides Insight into the R&D and Innovation Ecosystem in Ireland

    2018 Research and Innovation Conference & Exhibition Provides Insight into the R&D and Innovation Ecosystem in Ireland

Designed to foster collaboration between industry, academia and government agencies, the 2018 Research and Innovation Conference & Exhibition attracted over

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EU Maritime Strategy in the Atlantic Spurs €6 Billion of Investments

    EU Maritime Strategy in the Atlantic Spurs €6 Billion of Investments

Half way through the implementation of the EU’s action plan for a maritime strategy in the Atlantic, an independent study finds it has spurred

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€30,000 Cottage Market Fund Announced

    €30,000 Cottage Market Fund Announced

A fund of €30,000 has been announced by GIY with the support of The Ireland Funds for the establishment of 10

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Government Unveils €116 Billion Development Programme

    Government Unveils €116 Billion Development Programme

The Government has published The National Development Plan 2018–2027, the most recent in the series of such capital plans adopted

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Additional €30 Million Commitment From EU For Micro-enterprises in Ireland

    Additional €30 Million Commitment From EU For Micro-enterprises in Ireland

The European Investment Fund (EIF) has signed a second agreement with Microfinance Ireland (MFI) to support 2,100 micro-entrepreneurs under the

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Three-quarters of SMEs Expect to be Impacted by Brexit in Next 18 Months

    Three-quarters of SMEs Expect to be Impacted by Brexit in Next 18 Months

The Department for Business, Enterprise and Innovation’s second survey of SMEs about the impacts of Brexit on their businesses found

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UCD Partnering in New €8.2 Million Cross Border Research Centre to Improve Cardiovascular Care

    UCD Partnering in New €8.2 Million Cross Border Research Centre to Improve Cardiovascular Care

The Eastern Corridor Medical Engineering Centre (ECME), a cross border centre of research excellence within the field of cardiovascular medicine,

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HBAN to Raise €7 Million in Angel Funding in One Day at National Conference

    HBAN to Raise €7 Million in Angel Funding in One Day at National Conference

HBAN (Halo Business Angel Network), the all-island organisation and joint initiative of Enterprise Ireland and InterTradeIreland, responsible for the promotion

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Deadline For Applications For €75,000 ‘Get Ireland Growing’ Fund Looming

    Deadline For Applications For €75,000 ‘Get Ireland Growing’ Fund Looming

GIY and Energia are calling on people across to the country to get growing their own food in 2018 and

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Largest Ever European Investment Bank Support in Ireland

    Largest Ever European Investment Bank Support in Ireland

The European Investment Bank is to provide a loan of €490 million to support construction of the new children’s hospital

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New Co-Fund Announced With £50 Million to Invest in Northern Ireland SMEs

    New Co-Fund Announced With £50 Million to Invest in Northern Ireland SMEs

Invest Northern Ireland has appointed managers for a new £50 million fund which will generate investment into high potential Northern

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GIY and Energia Want to ‘Get Ireland Growing’ With €75,000 Fund

    GIY and Energia Want to ‘Get Ireland Growing’ With €75,000 Fund

GIY in partnership with Energia have launched ‘Energia Get Ireland Growing’, a €75,000 pool of funding available to enable food

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EIF and SBCI Triple New Financing For Irish SMEs to €330 Million

    EIF and SBCI Triple New Financing For Irish SMEs to €330 Million

The European Investment Fund (part of the EIB Group) and the Strategic Banking Corporation of Ireland (SBCI) have tripled their

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HBAN to Boost Angel Investment to €25 Million Per Year By 2020

    HBAN to Boost Angel Investment to €25 Million Per Year By 2020

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

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Zeeko Secures €100,000 in Funding to Launch New Research Project on Virtual Reality and Children’s Health

    Zeeko Secures €100,000 in Funding to Launch New Research Project on Virtual Reality and Children’s Health

Zeeko, an Irish EdTech start-up, has secured just over €100,000 in funding through the Horizon 2020 SME Innovation Associate Programme.

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