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,
Minister of State for Financial Services, Credit Unions, and Insurance, Seán Fleming TD, welcomed the record level of employment in international financial services firms in Ireland. The Minister was speaking at the launch of the Ireland for Finance Action Plan for 2022, which has been approved by Cabinet in recent weeks. The new Action Plan […]
McGill and Partners, the specialist boutique broker, officially opened its Dublin office in October 2021, having received approval from the Central Bank of Ireland in December 2020. The firm began trading in Ireland in January 2021, working through the pandemic to set up a physical office; fulfilling their intention to broaden their European reach and […]
The latest PMI survey shows that business activity in Dublin continued to increase during the final quarter of 2021 but at the slowest rate since Q1 when Ireland was in full lockdown. While the headline rate remained elevated at 59.4 it slowed from 62.1 in Q3, as the emergence of the Omicron variant at the end […]
Enterprise Ireland (EI) is aiming to increase exports by its client companies by nearly 20pc to €30bn within the next three years, according to the latest strategy plan by the State agency. EI, which supports indigenous manufacturing and services companies, also intends to add 15,000 net jobs per year in that time, as it steers […]
This is not just another article about blockchain technology. This is blockchain explained in plain English. If you and technology haven’t got friendly yet, but you’ve googled ‘blockchain’ at least once – and then given up, overwhelmed with all the information coming at you and flooding your brain – don’t click away! When blockchain was first
Ministers in the Department of Agriculture, Food and the Marine have announced a series of actions to support Irish horticultural growers who are dependent on peat. This follows the publication of the Final Report of the Working Group on the Use of Peat Moss in the Horticultural Industry. The Working Group on the Use of […]
The Minister for Finance and President of the Eurogroup, Paschal Donohoe TD, will chair the Eurogroup meeting in Brussels on Monday 17 January to discuss economic resilience. He will also attend ECOFIN on Tuesday 18 January, the first of the French Presidency of the Council. The Eurogroup will discuss the performance of the euro area […]
Minister for Rural and Community Development, Heather Humphreys TD, and Minister of State with responsibility for Community Development and Charities, Joe O’Brien TD, recently announced a €9 million fund to support community groups impacted by Covid-19 over the past two years. The Community Activities Fund under the Community Enhancement Programme will support groups,
Enterprise Nation will train Irish SMEs in cybersecurity, digital marketing, e-commerce and more as part of the Go and Grow Online programme. Enterprise Nation has teamed up with Microsoft, Vodafone and Klarna to launch a free-to-access digital training programme aimed at supporting small businesses in Ireland. The Go and Grow Online programme is a one-year
Irish food-ordering platform FlipDish has raised $100m in new funding, which gives it a valuation of $1.25 billion. That makes it the country’s latest tech unicorn – joining firms like Intercom, Workhuman and Fenergo. A unicorn is a privately held startup company valued at over $1 billion. The latest funding, led by Tencent, follows a […]
Professional salaries in certain sectors of the Irish jobs market are expected to increase by between 5 and 10 per cent in 2022, with increases of 15-20 per cent likely for some in-demand niche skills, according to professional services recruitment consultancy Morgan McKinley. It says more than four in five people are considering a career […]