Ireland is represented in a major new international partnership to drive the global growth in green finance and sustainable investment, which was launched recently in London. Sustainable Nation Ireland, the body that promotes Ireland as hub for green finance, is part of the Northern European Partnership for Sustainable Finance (NEPSF), which was launched at its […]
Pilz, a leading global automation technology company, has opened a new €7.4 million software development centre in Cork. The opening of this state-of-the-art facility coincides with the 20th anniversary of the company’s presence in Ireland.
The new three story 2,500 sq m facility is located next to the existing Pilz Ireland building and doubles the capacity […]
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 […]
Edwards Lifesciences Corporation, the global leader in patient-focused innovations for structural heart disease and critical care monitoring, has announced that the company, headquartered in Irvine, California, USA, has chosen the Mid-West of Ireland for the location of a new plant to manufacture delivery components for its transcatheter heart valve therapies. This new addition to Edwards’ […]
Global Payroll Software company, Payslip, has announced a €1 million investment, led by Frontline Ventures and AIB, and leading technology investors, Tribal, HBAN Bloom Equity, WxNW Syndicate & Enterprise Ireland.
Payslip delivers innovative global payroll management software to multi-national enterprise clients. Payslip enables multi-national Global Payroll Teams to manage all data and workflows, internally across functions […]
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 over 1200 new maritime projects and nearly €6 billion of investments so far. Most projects target environmental protection and innovation, as well as improved connectivity and social inclusion.
Examples include the development of marine renewable energy […]
Takeda Pharmaceutical Company is to create up to 70 new jobs and invest €25 million in the construction of a new regenerative medicine facility at its site in Grange Castle. The investment by Takeda will expand their Grange Castle site’s existing footprint, with the construction of a new standalone modular cell therapy facility dedicated to […]
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, […]
An Taoiseach, Leo Varadkar TD, was joined by Peggy Johnson, Executive Vice President, Microsoft Corporation; Cathriona Hallahan, MD, Microsoft Ireland; and Martin Shanahan, CEO, IDA Ireland at the recent official opening of the company’s new 34,000 sq m campus, One Microsoft Place, in Leopardstown, County Dublin. The opening of the building marks an important milestone […]
Dublin’s Guinness Enterprise Centre (GEC) has been named as the World’s Top Business Incubator, Collaborating with University, 2018. The award was presented to the GEC at the recent UBI Awards and Recognition Gala ceremony at the World Incubation Summit in Toronto, Canada. The GEC saw off strong competition from more than 1,300 incubators worldwide, which […]
MSD is to develop a new biotechnology facility in Dublin, with the expected creation of up to 350 new jobs. Known as MSD Biotech, Dublin, the facility will be constructed on an existing MSD-owned property, the site of its former facility in Swords, Co. Dublin.
Commenting on the announcement, the Minister for Business, Enterprise and Innovation, […]
Affidea, Europe’s leading diagnostic imaging provider, is investing in Ireland and has officially opened its first ExpressCare clinic in Ireland in the Elysian building in Cork City to serve the people of Cork and surrounding areas. An Tánaiste and Minister for Foreign Affairs and Trade Simon Coveney TD, attended the opening of Affidea’s new state-of-the-art […]
Gyproc, Ireland’s leading manufacturer of plaster and plasterboard and part of the Saint-Gobain group, has announced an investment of €8 million as part of the development of its quarry in Knocknacran, Co. Monaghan. The development will see Gyproc recommence operations in the quarry, ensuring it has access to a long-term supply of gypsum rock, the mineral […]
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 […]
NTR has announced that it has successfully closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totaling a Euro equivalent of €66.5 million. Two of the debt facilities will be utilised to finance the construction of new wind farms, while the third is for the refinancing of a wind farm already […]
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 […]
The Sustainable Energy Authority of Ireland (SEAI) has announced a research fund of over €2.5 million to support cutting-edge research, development and demonstration energy projects in 2018. The Research, Development and Demonstration (RD&D) Funding Programme aims to develop new energy solutions that can help our homes, businesses and communities become more energy efficient and deliver a cleaner energy future.
HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, has announced a €300,000 investment in Kilkenny-based ND Sports Performance and its cloud-based hamstring assessment system products for hamstring injury prevention and improving athlete performance. The funding, which will lead […]
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 […]
The Irish and South Korean flags have been ceremoniously raised in the grounds of a pharmaceuticals manufacturing campus in Swords, Co. Dublin, which has been acquired by SK biotek, a global life sciences company, the first Korean pharma-company to invest in Ireland. SK biotek is a solely owned subsidiary of SK Group – a Top […]
The Eastern Corridor Medical Engineering Centre (ECME), a cross border centre of research excellence within the field of cardiovascular medicine, with partners in the Republic of Ireland, Northern Ireland and Scotland has been launched at Ulster University. The centre has received €8.2 million in funding from the European Union’s INTERREG VA Programme, managed by the […]
The Sustainable Energy Authority of Ireland (SEAI) has published its annual results for 2017. It shows a record €105 million government investment in energy efficiency and renewable energy, allocated through the Department of Communications, Climate Action and Environment (DCCAE). This included €70 million investment in home and community energy upgrades, 40% of which went to […]
A new wireless broadband provider based in the North West, Beacon Broadband, is creating 12 jobs in Derry to help it increase its export sales and position itself for future growth in the Republic of Ireland market.
Beacon Broadband delivers high speed wireless broadband to homes and businesses.
Des Gartland, Invest Northern Ireland’s North West Regional Manager welcomed the […]
NI Water, the Department for Infrastructure, Education Authority and the Department of Education have announced that an innovative new rainwater garden to help reduce the risk of flooding has been completed at Clandeboye Primary School. £70,000 has been invested in the garden, which is an innovative flagship project for NI Water and the Department for […]
International hotel management company, The PREM Group, are preparing to enter the final phase of a major €6.5 million redevelopment of their latest acquisition, Cahernane House Hotel in Killarney. Purchased by the PREM Group in 2016, Cahernane House Hotel has undergone extensive renovations over the past 18 months in a bid to return the luxury […]
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 […]
IDA Ireland, the Irish Government agency responsible for attracting foreign direct investment to Ireland, has announced that employment levels in foreign owned companies have reached 210,443. This figure surpasses the overall five year target of 209,000 which was set in 2015 in IDA Ireland’s Winning: Foreign Direct Investment 2015-2019 strategy.
IDA Client Employment grew by 5.3% […]
Enterprise Ireland, the Government agency responsible for developing Irish business globally, has reported the creation of 19,332 new jobs by Enterprise Ireland backed companies in 2017. 209,338 people are now employed in companies supported by the agency. This is the highest total employment achieved in the history of the agency.This represents a net increase of […]
HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, has announced its predictions for 2018. HBAN is forecasting a 17% increase in angel investing in Irish start-ups as the economy grows in 2018, and it will reach €25 million per year by 2020.
HBAN, a joint initiative of Enterprise […]
Exeter Property Company has appointed contractors for the construction of a new 110,000 sq. ft. state-of-the-art logistics facility at Greenogue Business Park, just minutes from the Naas Road at Rathcoole. On completion, the company expects to employ over 200 people at the facility, whilst over 50 jobs will be created during construction.
“With the absence of […]
Londonderry-based technology firm Wurkhouse is to create 30 digital marketing jobs as part of ambitious expansion plans to help it grow its export sales. Wurkhouse provides innovative marketing solutions to a wide range of clients based both locally and outside of Northern Ireland.
Welcoming the investment, Invest Northern Ireland’s Chief Executive, Alastair Hamilton said: “Wurkhouse is a […]
Irish fashion buyer turned jewellery designer, Jane Asple of Emma by Jane has won the South Dublin Enterprise Ireland, ‘Best Start-Up’ Business award at the 2017 awards. Since applying in September 2017, Jane was shortlisted to attend a two-day Bootcamp and pitch the company plans to a panel of Judges who saw “confidence, ambition and […]
Invest NI has welcomed US technology firm Cayan’s reinvestment in Northern Ireland. Since establishing its technology development operation here in 2013, Cayan has seen steady growth over the past four years and expects its overall headcount in Northern Ireland to rise to 240 people by 2019.
Building on the success of its Northern Ireland engineering division, Cayan has […]
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 […]
Strabane-based Fabplus is planning to more than double its workforce and turnover with support from Invest Northern Ireland. The investment is part of a three year expansion plan to increase its market share in the Republic of Ireland and Great Britain, and gain a foothold in mainland Europe and Scandinavia.
Recruitment is underway to employ 83 additional staff at […]
Multi-award-winning manufacturer Medi-Shower has created ‘smart showerhead’ technology which can reduce the risk of Legionnaires disease.
The cutting edge product, developed with R&D support from Invest Northern Ireland is designed to meet the high requirements for hygiene within the healthcare sector. It reduces the risk of waterborne infection from bacteria that can build up due to poor design […]
Fingal County Council has signed a €70 million Framework Loan Agreement with the European Investment Bank (EIB) which will trigger a €180 million investment in strategic infrastructure projects within the county’s Capital Development Plan. This represents the first EIB support for county-wide investment in partnership with an Irish local authority for more than a decade […]
A £10 million Centre of Excellence in Precision Medicine has been launched by Invest Northern Ireland and Queen’s University Belfast. The Centre of Excellence in Precision Medicine will develop an internationally accredited laboratory focusing on diagnostics which can be used to predict a cancer patients’ response to treatment. This will allow potentially costly drugs to […]
Companies across Ireland are expected to benefit from cheaper financing following a new €200 million initiative agreed by the European Investment Bank and DLL, a global vendor finance company and 100% subsidiary of Rabobank. The new scheme will strengthen leasing and financing for SMEs and mid-cap companies active in agri-business and the food industry, construction, […]
Reward, Europe’s largest Card Linked Offers and loyalty platform provider, is establishing a new software engineering team in Belfast, creating up to 60 new jobs. Working with some of the world’s largest retailers from Amazon to Waitrose, Reward is developing a cloud based platform that enables retailers to optimise their marketing spend by providing loyalty […]
Strencom, the Irish managed connectivity and cloud computing provider, has announced €6 million investment from reinvested profits and the addition of 20 employees to its current 28 people in its Dublin and Cork offices. The jobs are being created on the back of strong revenue growth of over the past three years. The company is […]
Yelo, a leading test equipment manufacturing company, has officially opened its new 25,000 sq ft facility at Trooperslane Industrial Estate, Carrickfergus. Invest Northern Ireland offered Yelo over £243,000 towards the construction project.
Invest NI’s Chief Executive, Alastair Hamilton, says: “This new facility marks an exciting new chapter for Yelo that will facilitate the company’s continued growth in […]
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 […]
North West based technology firm MetaCompliance is recruiting 69 new jobs over the next three years to help develop its worldwide sales and market presence. The company develops software and creative content for the cyber security sector and is aiming to triple its turnover by capitalising on the demand for cloud based cyber security products.
To deliver on […]
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 […]
SMEs in Fermanagh and Omagh are investing over £1.5million to grow their market share in Great Britain. Struct Steel Engineering, Curran Gas Limited and Greentown Traffic Management from Fermanagh and Omagh-based companies New Generation Agri and Oran Oak Engineering, have been working with Invest Northern Ireland to help grow their business.
31 new roles are being recruited across the five […]
Limerick’s economic resurgence has taken another giant step forward as the European Investment Bank (EIB) confirmed a record commitment for an urban Ireland investment programme for the city. EIB will commit to €85million in lending to Limerick City and County Council to be spent on transforming the 1.62 hectare Opera Site in the city centre […]
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 […]
A recent IMF Assessment evaluating Ireland’s public investment in infrastructure finds that infrastructure levels and management practices are generally well developed, but areas where improvements can be made have been identified. A number of recommendations have been made by the IMF and the process of addressing these recommendations is being implemented.
During July this year, an […]
Suir Valley Ventures, the entrepreneur-led venture capital fund, launched in February 2017, has, together with private investors, invested a combined total of €1,000,000 in ProVision Vehicle Cameras, a leading Internet of Things (‘IoT’) company focused on providing advanced fleet and driver management systems. This is Suir’s fourth investment and follows closely on the heels of […]
County Antrim firm IPC Mouldings is positioning itself for growth in the global aircraft interiors industry. The company has invested in new technology, a new IT system and is recruiting eight new jobs over the next 12 months to help sustain growth. The investment enables IPC to improve efficiencies in its processes, diversify into new […]
Smart Dublin, an initiative of the four Dublin Local Authorities to engage with smart technology providers, researchers and citizens to solve city challenges and improve city life, and Enterprise Ireland are serious about supporting entrepreneurs to solve city challenges and are delivering one of the largest smart city innovation programmes globally. Solutions will be tested to […]
Cookstown-based engineering services firm Enisca Group is investing over £1.5 million in its workforce, training and business infrastructure. This investment is to help maximise current opportunities within the power and water sectors in Great Britain and Ireland.
Plans are in place to recruit twenty-nine additional staff at Enisca and a further fifteen at its Group businesses by 2020. […]
MetLife, which is one of the world’s leading financial services companies, has officially celebrated the opening of a new Global Technology Campus in Galway. With plans to employ approximately 200 skilled IT professionals when at full capacity, the new campus represents a major investment in the digital initiatives that will help MetLife transform its customers’ […]
Deep Learning and advanced Natural Language Processing are the core technologies at AYLIEN, a start-up that has announced new investment totaling €2 million ($2.35 million) and the creation of 70 jobs. The investment round has been led by the Atlantic Bridge University Fund, which invests in companies built from world-class research, along with existing investors SOSV […]
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 announced how it will spend €30 billion of the EU research and innovation funding programme Horizon 2020 during 2018-2020, including €2.7 billion to kick-start a European Innovation Council. Horizon 2020, the EU’s €77 billion research and innovation funding programme, supports scientific excellence in Europe and has contributed to high-profile scientific breakthroughs […]
Novi, the proactive managed service provider, has launched its new off-site data recovery service called AirGap following a €120,000 investment. The service will enable Novi’s customers to safeguard their data, providing them with business continuity back-up and ensuring against data compromise or loss. The investment includes development of new infrastructure and enhanced security.
Novi provides flexible […]