The Minister for Rural and Community Development, Heather Humphreys, has announced a new funding stream to support Local Authorities to purchase vacant buildings which can be converted and developed for community use. The funding, which is being made available under the Town and Village Renewal Scheme, aims to support the continued regeneration of our rural […]
The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, has welcomed the latest Irish trade release from the Central Statistics Office, with preliminary figures showing that the value of Ireland’s goods exports and imports from Ireland rose to their highest monthly levels on record. The value of goods exports in March 2022 was […]
KPMG has published its Venture Pulse Q1’22 report, tracking venture capital (VC) investment activity around the world. The figures show that Irish companies raised $401 million in venture capital investment across 25 deals in the first quarter of 2022 – the highest value of investment ever recorded in a first quarter. The strong start to […]
The Minister for Education Norma Foley TD has announced a €20 million for school library book grant will be provided to recognised primary and post-primary schools for the purchase of books, audio books and other media for the purposes of improving their existing literacy resource banks. This €20 million fund will be paid to schools […]
Citi have announced that it intends to create 300 new jobs for Ireland this year. Minister for Finance Paschal Donohoe T.D. and Cecilia Ronan, Citi Country Head Ireland, with Martin Shanahan, CEO, IDA Ireland made the announcement at Citi’s European Bank headquarters on North Wall Quay in Dublin. The bank employs 2500 people in Ireland […]
Workday, a leader in enterprise cloud applications for finance and human resources, have announced that it intends to create 1,000 new jobs over the next two years at its European headquarters in Dublin, increasing its Ireland-based workforce by approximately 60%. This investment is supported by the Irish Government through IDA Ireland. In addition, to support its future
Since the very early days of the Covid-19 pandemic, several financial business supports have been provided by Donegal County Council to many businesses in the county. These supports included several grant schemes and initiatives delivered through the Council’s Finance Directorate and Local Enterprise Office (LEO). Within months of the pandemic in 2020, the Finance
A new €5.9m EU-funded LIFE conservation project overseen by the Department of Housing, Local Government and Heritage was launched in Gort a Choirce in Co. Donegal, Friday March 25th by Minister of State for Heritage and Electoral Reform Malcolm Noonan TD and Minister of State with responsibility for land use and biodiversity at the Department […]
The online financial platform Revolut is launching deposit accounts in Ireland. Customers’ funds of up to €100,000 will be protected under the Lithuanian deposit guarantee scheme. The move to launch ‘Revolut Bank’ in Ireland comes ahead of the withdrawal by Ulster Bank and KBC from the Irish market, which has left nearly 1.5 million customers […]
The Minister for Social Protection Heather Humphreys has announced the establishment of 3 new city centre hubs to support Ukrainian nationals who have fled the Russian invasion. The ‘Ukraine Support Centres’ in Dublin, Cork and Limerick will assist Ukrainians in obtaining PPS Numbers, availing of Social Welfare income supports, and receiving referrals to other State […]
Bank of Ireland has opened its Manhattan offices to its business customers. The NYC Hub is being targeted at banking customers looking to expand into the United States, offering a location for meetings with customers and potential investors. Based at the Irish lender’s offices at 2 Grand Central Tower in Manhattan, it was previously restricted […]
Minister for Social Protection, Heather Humphreys, has announced that the €125 once-off Fuel Allowance payments will be paid to 372,000 households this week. The payment, on top of regular Fuel Allowance, was agreed as part of the government’s €505 million package aimed at mitigating the effects of rising energy costs. Households will receive the payment […]
Minister for Rural and Community Development, Heather Humphreys TD, has outlined a package of supports of over €150 million designed to transform rural towns, villages and communities throughout 2022. Hosting a webinar entitled ‘Government Supports for Thriving Rural Areas and Vibrant Communities’, Minister Humphreys detailed the various funding streams within her
The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, has welcomed preliminary data released by the Central Statistics Office which shows the value of services exports from Ireland rose to €285.6 billion in 2021, the highest level on record. This is an increase of 17% when compared to 2020. The largest increase was […]
KPMG has published its Pulse of Fintech biannual report, highlighting global and regional fintech investment trends and Venture Pulse Q4’21 report, tracking venture capital (VC) activity around the globe, including in Ireland. Key findings from the Pulse of Fintech report, which tracks M&A, venture capital and private equity activity, show that the Irish fintech
Early-stage entrepreneurs and entrepreneurial teams have been invited to apply for Enterprise Ireland’s €1m Competitive Start Fund (CSF) which is now open for applications. The competition is open to early-stage companies from all sectors with an eligible innovative product or service set for global markets. The fund will award up to €50,000 in equity funding […]
Minister for Transport, Eamon Ryan TD, has announced details of a €597 million investment programme for 2022 for regional and local roads. Overall funding will increase by over 4% this year. The funding package will allow approximately 3,100kms of roads to be maintained and 2,550kms to be strengthened. Minister Ryan stated, “the main priority in […]
The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD and the Minister for Finance, Paschal Donohoe TD have launched a new €90m fund for Irish start-ups at Trinity College Dublin’s Tangent Ideas Workspace for student entrepreneurs. By investing in several underlying venture funds, the Irish Innovation Seed Fund Programme will provide vital […]
An overall group of 79 women taking part in the Going for Growth programme between them generate annual revenues of €69m and employ around 860 people. The 65 women entrepreneurs selected for the 14th cycle of Going for Growth have already achieved annual sales of €44m and one-third are already exporters. These businesses currently employ almost 550 […]
Minister for Agriculture, Food and the Marine, Charlie McConalogue TD, has announced the allocation of €35m for capital projects in 2022 in Ireland’s six state-owned Fishery Harbour Centres at Killybegs, Ros an Mhíl, An Daingean, Castletownbere, Dunmore East and Howth through the Fishery Harbour and Coastal Infrastructure Development Programme. Announcing the investment,