Industry & Business

SMEs

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 the latest Global Business Monitor published by Bibby Financial Services Ireland, a provider of financial support and funding solutions to Irish SME’s.
Irish SME’s have signalled that such investment will focus on up-skilling existing staff (77%), sales and marketing (63%), IT […]

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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 call for up to 10 new Small Business Innovation Research (SBIR) Ireland Competitive Challenges at a recent conference in Enterprise Ireland.
This year, Enterprise Ireland has successfully managed the launch of seven SBIR Challenges, including a […]

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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 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, […]

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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 and Clonmel, Tipperary on winning €1.52 million from the European Commission to develop a green alternative to the toxic chemicals necessary to coat metals.
Their work will be focused initially on the space sector but has […]

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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 the awards is to celebrate the achievements of small business in Ireland and to recognise the vital contribution of the small business community to the Irish economy.
Small firms (employing less than 50 people) have from […]

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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 Amiens St. bridge recently to mark the invitation for tenders for bridge warning, prevention and pre emptive systems/technologies for Iarnród Éireann.
This tender process was designed jointly by Iarnród Éireann and Enterprise Ireland through Small Business […]

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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 is to prosper over the coming years, it is vital to create an environment supportive of small business. Small businesses have been major contributors to growth, job creation and regional economic recovery and will continue […]

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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 region and for Ireland. In reviewing activity over the closing months of April, May and June, the trends survey highlights the steadfast confidence present amongst the Cork business community.
Cork Chamber CEO, Conor Healy, in commenting […]

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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 college to attend. The CampusConnect app benefits students as they become immersed in college life before they step foot on campus, making the transition easier. For colleges and universities it helps them to convert student […]

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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 EU 12 months ago, the proportion of companies with a plan in place to deal with the potential outcomes of Brexit has remained static at 2 per cent. Alarmingly, this figure only increases to three […]

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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 highly concentrated, despite continued reduction in the bank concentration of new lending flows. The market share of the three main lenders in new lending flows is currently 82%.
The report also provides information on credit demand, […]

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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 of at least €1 million and employing 10 or more staff.
The programme aims to support the leaders and owners of Irish SMEs in building lasting value in their businesses ensuring they achieve their full potential. […]

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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 to resign from it. According to the Association, it fully supports the points raised by them in their dissenting opinion to the Commission’s recommendation. However, since the LPC has departed from its terms of reference […]

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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 protected in examinership cases as businesses in Ireland face increasing uncertainty. The latest Baker Tilly Hughes Blake Examinership Index revealed that 112 jobs were saved through the examinership corporate recovery mechanism in the second quarter […]

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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 access and investment opportunities for Irish businesses. Speaking ahead of a meeting with Canadian Prime Minister Justin Trudeau in Dublin yesterday, Ibec CEO Danny McCoy stated: “To date, Ireland has benefitted greatly from trade relations with […]

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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 in Budget 2018 to encourage entrepreneurship and business formation.
Linda Barry, SFA Acting Director, stated: “We need entrepreneurs and owner-managers to create jobs, drive innovation and boost the vibrancy of our regions. Yet government policy continues […]

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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 directly with local and regional representatives from across the USA and hear from Irish companies who are successfully exporting stateside. Partners include StartUp Ireland, Tech Ireland, the Small Firms Association, Irish Exporters Association.
The intention of the […]

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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 the challenges of wildlife activity on the airfield at Dublin Airport. Through the Small Business Innovation Research (SBIR) open tender initiative, applicants are encouraged to look at the use of smart, low cost and innovative […]

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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 business and the wider economy. In advance of the launch of “Brexit: Challenges with solutions” in Ibec Head Office, Ibec CEO Danny McCoy said the surprise UK election result offered a fresh opportunity for the […]

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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 new data, SFA Chair, Sue O’Neill, stated: “It is very positive to see that 51% of SFA members are growing and 72% intend to invest in their business over the coming year. This is up […]

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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 WIT Arena in Waterford. Part of Enterprise Ireland’s #PrepareforBrexit campaign, the Waterford event features speakers from SMEs, large companies and innovative start-ups, including Joe Connolly, CEO, Connolly Red Mills, Robert Byrne, Sales Director, Burnside Eurocyl […]

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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 able to access a raft of supports from the Brexit Advisory Service including Brexit Readiness Vouchers which they can use to fund bespoke advice up to the value of €1000; free Brexit briefing events; information […]

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