Industry & Business

SMEs

Major OECD SME and Entrepreneurship Policy Review

    Major OECD SME and Entrepreneurship Policy Review

The Government has launched an OECD Review of SME and Entrepreneurship Policy in Ireland and an accompanying roadmap with priority areas for implementation. The OECD was commissioned in March 2018

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Two New Equity Funds For Investments in Innovative SMEs

    Two New Equity Funds For Investments in Innovative SMEs

Invest Northern Ireland has launched two new Equity Funds offering investments to innovative high growth potential SMEs. The TechStart II Seed Fund and Crescent Capital IV Development Fund have been

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Irish SMEs Struggling More With Rising Costs Than International Competitors

    Irish SMEs Struggling More With Rising Costs Than International Competitors

Small businesses around the world have described rising costs as their greatest challenge, and the problem is particularly acute in Ireland, where 49% of SMEs cited it as the major

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Only 46% of Small Business Owners Perceive Themselves to Have Good or Expert Knowledge of Financial Literacy

    Only 46% of Small Business Owners Perceive Themselves to Have Good or Expert Knowledge of Financial Literacy

The Small Firms Association (SFA) has launched the ‘Financial literacy amongst Irish micro, small and medium-sized businesses’ report, in collaboration with TU Dublin, Microfinance Ireland, SBCI and Skillnet Ireland. The

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InvoiceFair to Co-Host Seminar on Working Capital Funding For SME Growth in Shannon

    InvoiceFair to Co-Host Seminar on Working Capital Funding For SME Growth in Shannon

InvoiceFair, which provides SMEs with alternative working capital funding options through its marketplace platform, is co-hosting a finance seminar for SMEs in Shannon, County Clare. The seminar, co-hosted with Shannon

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Corporate Culture a Turn-off For Irish Workers

    Corporate Culture a Turn-off For Irish Workers

New research commissioned by One4all has found that start-ups and SMEs are the workplace of choice for a large majority of Irish workers. Smaller companies in Ireland are perceived to

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Independent Craft Brewers of Ireland Call On Government to Retain Excise Relief

    Independent Craft Brewers of Ireland Call On Government to Retain Excise Relief

The Independent Craft Brewers of Ireland (ICBI), representing 34 small independent craft breweries, have asked Minister for Finance, Paschal Donohoe TD, to maintain the current 50% excise relief on Alcohol

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Major New SME Policy

    Major New SME Policy

The Government is developing a major new policy on SMEs and entrepreneurship under Future Jobs Ireland, the new plan to prepare the economy, businesses and workers for the future. A draft roadmap

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Bibby Financial Services Ireland and SBCI Launch New Trade Finance Product

    Bibby Financial Services Ireland and SBCI Launch New Trade Finance Product

A new Trade Finance product that allows businesses to buy, receive and sell goods before needing to pay for them has been unveiled by Bibby Financial Services Ireland, a leading

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Bibby Financial Services Ireland Opens Cork Office

    Bibby Financial Services Ireland Opens Cork Office

To facilitate an increase in business in the Munster region, Bibby Financial Services Ireland (BFSI), a leading provider of financial support and funding solutions to Irish SMEs, has opened its

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Skillnet Ireland Launches New Network For Small Firms Sector

    Skillnet Ireland Launches New Network For Small Firms Sector

Skillnet Ireland, the national agency responsible for the promotion and facilitation of workforce learning in Ireland, has launched six new networks to address the growing skills needs in the film, television,

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Support For Ireland’s Ambition to Increase the Number of Companies Exporting to the Eurozone

    Support For Ireland’s Ambition to Increase the Number of Companies Exporting to the Eurozone

Google has launched a new Grow with Google programme in Ireland which will see the company train more than 8,000 SMEs through workshops across Ireland and through partnerships with State

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Skillnet Ireland Joins European DIGITAL SME Alliance

    Skillnet Ireland Joins European DIGITAL SME Alliance

Skillnet Ireland is the newest member of the European DIGITAL SME Alliance. The European DIGITAL SME Alliance is the largest network of ICT small and medium sized enterprises in Europe

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Grants For SMEs to Save Up to 60% on Lighting Energy Costs

    Grants For SMEs to Save Up to 60% on Lighting Energy Costs

The Government has announced €2 million funding for small and medium-sized businesses to invest in energy efficient lighting. The grant, administered by the Sustainable Energy Authority of Ireland (SEAI), will

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Government Launches €300 Million Future Growth Loan Scheme For SMEs and Farmers

    Government Launches €300 Million Future Growth Loan Scheme For SMEs and Farmers

The Government has launched the Future Growth Loan Scheme to allow for the roll out of €300 million in funding to eligible Irish SMEs including farmers. Businesses will be able to

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European Investment Bank Report Highlights Digitalisation Benefits For Irish SMEs

    European Investment Bank Report Highlights Digitalisation Benefits For Irish SMEs

The Government has formally accepted a report entitled ‘The Digitalisation of small and medium enterprises in Ireland’ from Andrew McDowell, Vice President of the European Investment Bank. The report, a collaborative

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52% of SMEs in ROI and 56% in NI Have Yet to Begin Brexit Planning

    52% of SMEs in ROI and 56% in NI Have Yet to Begin Brexit Planning

The AIB Brexit Sentiment Index for Q4 2018 reveals that 35% of SMEs in the Republic of Ireland (ROI) and 40% in Northern Ireland (NI) that had planned to expand

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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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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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Smart Dublin in Partnership With Enterprise Ireland Award 21 New Innovation Contracts

    Smart Dublin in Partnership With Enterprise Ireland Award 21 New Innovation Contracts

Approximately €700,000 is to be awarded to companies under Enterprise Ireland’s Small Business Innovation Research (SBIR) initiative which will enable them explore innovative solutions to address challenges faced by Local

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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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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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What are the Pillars of SME Success? Diversity, Leadership, Strategy and The Team

    What are the Pillars of SME Success? Diversity, Leadership, Strategy and The Team

The second annual Skillnet Ireland SME Research Conference took place recently in Dublin. Hosted by Skillnet Ireland in partnership with the College of Business in Dublin Institute of Technology (DIT),

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Food and Drink Suppliers in Northern Ireland Get A ‘Kick Start’ From Lidl

    Food and Drink Suppliers in Northern Ireland Get A ‘Kick Start’ From Lidl

Lidl is championing local suppliers with the roll-out of their Kick Start Supplier Development Programme aimed at giving food and

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TechConnect Live – RDS, Dublin – May 30th, 2018

    TechConnect Live – RDS, Dublin – May 30th, 2018

TechConnect Live, Ireland’s largest technology event, is expected to attract over 3,000 visitors from across the Irish and international tech

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Research Reveals SMEs Lose €2.2 Billion a Year in Productivity Due to Administration

    Research Reveals SMEs Lose €2.2 Billion a Year in Productivity Due to Administration

Sage, a market leader in cloud accounting software, has revealed that Irish SMEs lose up to €2.2 billion annually in

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Government Remains Committed to Getting an Extra 100,000 People at Work by End of 2020

    Government Remains Committed to Getting an Extra 100,000 People at Work by End of 2020

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

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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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Business Unprepared For GDPR

    Business Unprepared For GDPR

ISME, the Irish SME Association has published the results of its General Data Protection Regulations survey (GDPR). The report gives

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Approval For Irish Support Scheme For SMEs

    Approval For Irish Support Scheme For SMEs

The European Commission has approved under EU State aid rules an Irish scheme to reduce the taxation of employee share

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Irish Support Scheme For SMEs in Difficulty

    Irish Support Scheme For SMEs in Difficulty

The European Commission has found a €10 million Irish aid scheme to facilitate the restructuring of SMEs in Ireland, to

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European Investment Bank and DLL Confirm €200 Million Support For Irish Business Investment

    European Investment Bank and DLL Confirm €200 Million Support For Irish Business Investment

Companies across Ireland are expected to benefit from cheaper financing following a new €200 million initiative agreed by the European

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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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97% of Irish SME’s planning to invest over next 12 months

    97% of Irish SME’s planning to invest over next 12 months

An overwhelming 97% of Irish SME’s are planning to invest in their businesses in the next 12 months, according to

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Minister Breen issues call for Competitive Challenges at SBIR Ireland Proposers Conference

    Minister Breen issues call for Competitive Challenges at SBIR Ireland Proposers Conference

Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection, Pat Breen has issued a second

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Departments launch Co-Innovate programme

    Departments launch Co-Innovate programme

The Minister for Culture, Heritage, and the Gaeltacht, Heather Humphreys, has launched the Co-Innovate programme in Monaghan, along with Permanent

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Minister Halligan congratulates ENBIO on €1.5m win from Horizon 2020

    Minister Halligan congratulates ENBIO on €1.5m win from Horizon 2020

John Halligan, Minister of State for Training, Skills & Innovation has congratulated ENBIO, an Irish SME with facilities in Dublin

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An Taoiseach Launches SFA National Small Business Awards 2018

    An Taoiseach Launches SFA National Small Business Awards 2018

The SFA National Small Business Awards 2018 have been officially launched by Awards Patron, An Taoiseach, Leo Varadkar. The aim of

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Iarnród Éireann to seek innovative solution to prevent bridge strikes

    Iarnród Éireann to seek innovative solution to prevent bridge strikes

Iarnród Éireann Chief Executive, David Franks was joined by Enterprise Ireland’s Executive Director of Global Business Development, Kevin Sherry at

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Economic growth cannot be taken for granted – SFA

    Economic growth cannot be taken for granted – SFA

Launching the SFA’s pre-Budget 2018 submission, Sue O’Neill, SFA Chair, said: “Continued economic growth cannot be taken for granted. If our country

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Confidence abounds amongst Cork business community

    Confidence abounds amongst Cork business community

Cork Chamber’s second quarterly economic trends survey of 2017 has been published at a time of unprecedented opportunity for the

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Irish SME develops app to help students connect with colleges

    Irish SME develops app to help students connect with colleges

Irish start-up StudyBundles has developed an app that helps CAO applicants connect with third-level institutions while they are deciding which

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Companies not taking advantage of stable environment to plan for Brexit

    Companies not taking advantage of stable environment to plan for Brexit

The latest quarterly (April – June 2017) InterTradeIreland Business Monitor Report, shows that, despite the UK voting to leave the

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SME lending market remains highly concentrated

    SME lending market remains highly concentrated

According to the latest Central Bank SME Market Report for the first half of 2017, the SME lending market remains

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New initiative for Irish SMEs

    New initiative for Irish SMEs

Crowe Horwath has partnered with Dublin Chamber to create the ‘Pinnacle Programme’, an initiative targeted at businesses with a turnover

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ISME calls on employer representatives on the LPC to resign

    ISME calls on employer representatives on the LPC to resign

ISME, the Irish Small and Medium Enterprises Association, has called on the three employer representatives on the Low Pay Commission

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Sharp increase in jobs saved through examinership

    Sharp increase in jobs saved through examinership

New data released to mark the end of the second quarter of 2017 has shown a sharp increase in jobs

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CETA will provide trade opportunities for Irish business

    CETA will provide trade opportunities for Irish business

According to Ibec, the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada was essential for increasing market

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Entrepreneurs need level playing field to generate jobs, innovation and regional growth

    Entrepreneurs need level playing field to generate jobs, innovation and regional growth

At the National Economic Dialogue in Dublin Castle, the Small Firms Association has (SFA) called on Government to introduce measures

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Irish businesses – connect with local and regional US representatives at E3 event

    Irish businesses – connect with local and regional US representatives at E3 event

On the 29th of June, The Global Situation Room and Enterprise Ireland are holding an event in Dublin where businesses can connect

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Dublin Airport and Enterprise Ireland launch tender competition

    Dublin Airport and Enterprise Ireland launch tender competition

Dublin Airport and Enterprise Ireland, have launched a competition for firms to research and develop potential new solutions to address

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Brexit: Challenges with solutions

    Brexit: Challenges with solutions

Ibec has launched a comprehensive set of proposals to progress EU-UK negotiations and limit the negative impact of Brexit on

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Investment in small firms increasing despite Brexit concerns

    Investment in small firms increasing despite Brexit concerns

The Small Firms Association (SFA) today released new data on the finance and investment priorities of small firms. Launching the

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“Prepare for Brexit” roadshow launches in Waterford

    “Prepare for Brexit” roadshow launches in Waterford

As part of a nationwide Brexit roadshow, Enterprise Ireland hosted a ‘Prepare for Brexit’ forum at Studio 1 of the

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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

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