Minister of State for Business, Employment and Retail, Neale Richmond, has congratulated the UCD project team following the historic launch of the first Irish satellite, EIRSAT-1. The Minister hailed the historic achievement by the UCD-based project which was undertaken as part of the European Space Agency’s (ESA) “Fly Your Satellite!” Programme, saying, “history has
Minister of State for Land use and Biodiversity Senator Pippa Hackett, welcomed the award by the EU Commission of €2.2m towards a Bord Bia led organic promotion campaign. The campaign will begin in Spring 2024 and will see funding of €2.2m from the EU and €0.5m from Bord Bia to give a record spend of […]
IDA Ireland hosted an event marking the significant and substantial contribution of multinational companies to Ireland’s economy with a particular emphasis on the life sciences sector. Similar recognition has previously been paid to Ireland’s thriving technology sector at IDA Ireland events that acknowledged contributions made by Google and Apple. Life sciences in Ireland
NomuPay, a modern end-to-end payment platform purpose built for expansion into regions of high cross-border and ecommerce growth, has acquired merchant services and bespoke payment processing solution provider, Total Processing. NomuPay has confirmed the deal is a mixture of stock and cash. The deal, which comes just months after NomuPay’s Series A funding announcement,
The stakes have never been higher for the business transformation agenda. To keep up with changing markets, competition, and technology, many companies are undertaking multiple, often continuous, transformations to update internal processes and connect with customers, partners, and suppliers. Conor McCarthy of the KPMG Ireland People and Change team explains below. And, in
The passing of the Credit Union (Amendment) Bill 2022 at Report and Final Stages in the Dáil, has been welcomed by Jennifer Carroll MacNeill TD as a step forward for Ireland’s credit unions. The Bill will now be referred to the Seanad and finally to the President of Ireland for approval. Minister Carroll MacNeill stated, […]
Mediolanum Irish Operations will be pioneering a transformative learning and development initiative for its 170—strong workforce, with the support of IDA Ireland, the Irish inward investment agency. Mediolanum participated in the Strategic Talent Development Programme developed by IDA, in partnership with Skillnet Ireland. Following this programme, the company progressed
The Minister for Enterprise, Trade and Employment, Simon Coveney, has published the First Update Report on the White Paper on Enterprise Implementation Plan 2023-2024, which was published in May of this year. This report details the work undertaken to progress the 40 initiatives identified in the Implementation Plan and also provides an update on the […]
UK medtech firm Vitalograph has announced a significant expansion with the creation of 60 new jobs across its Limerick City and Ennis sites. The new roles are set to bring its global headcount to 500, 350 of which will be based in Ireland. Vitalograph is a family-owned business founded sixty years ago in Buckinghamshire in […]
Minister for Enterprise, Trade and Employment, Simon Coveney, Minister for Further and Higher Education, Research, Innovation and Science, Simon Harris, and the Minister of State for Trade Promotion, Digital and Company Regulation, Dara Calleary, announced funding of a further €58.8 million to 12 new projects under the Disruptive Technology Innovation Fund (DTIF).
Fáilte Ireland has celebrated the outstanding contributions of 104 conference ambassadors, including renowned academics and industry leaders, at an award ceremony at the Intercontinental Hotel. The ambassadors were acknowledged for their expertise, industry knowledge and unwavering commitment to successfully hosting an international conference in Ireland between 2018 and
Minister Roderic O’Gorman has announced the commencement of domestic violence leave. Under the Work Life Balance and Miscellaneous Provisions Act 2023, anyone experiencing or at risk of domestic violence will be entitled to take five days leave in order to access supports. They will also be entitled to full pay during the period of leave. […]
Renew Enterprises from Waterford City scooped the overall award at the 19th Annual Waterford PPN Community & Voluntary Awards at the gala awards ceremony in The Park Hotel, Dungarvan. Renew Enterprises will represent Waterford at the 2024 Pride of Place Awards, a national competition. This prestigious award is presented to the group which demonstrates excellence in
Minister for Enterprise, Trade and Employment, Simon Coveney, and the Minister for Finance Michael McGrath welcomed the announcement of a further commitment of up to €20 million to Resolve Ventures, in what is the second allocation from the Irish Innovation Seed Fund. The first commitment under this programme saw an allocation to WakeUp Capital in […]
Labour Force Survey (LFS) results published by the Central Statistics Office show continued growth in Ireland’s labour market, with 102,400 jobs created in the year to Q3 2023. Employment now stands at 2.66 million, an increase of approximately 4.0 percent over Q3 2022. This is reflective of the success of the government’s focus on driving […]
Minister McGrath Welcomes Publication of European Commission’s Opinion on Ireland’s Budget 2024 Plan
The Minister for Finance, Michael McGrath TD, welcomes the publication by the European Commission of its Opinion on Ireland’s Draft Budget 2024. Overall, the Commission is of the opinion that Ireland’s DBP is in line with the recommendations adopted by the Council in July which, amongst others, recommended Ireland to maintain a sound fiscal position […]
SAOL, a new workplace wellbeing platform set up by three-time Irish Olympian Derval O’Rourke and her business partner Greg O’Gorman, has secured €200,000 funding from Enterprise Ireland. The €200,000 investment is part of an initial seed funding round of €400,000 that will fund the cost of the business plan and internationalisation, and is projecting the […]
Irish-based data science and AI startup Zerve has raised $3.8 million in its pre-seed funding to build a new architecture for Data Science & AI development. The company has created a coding platform tailored for data science and AI development that allows teams to collaborate and share their outputs more easily. Zerve’s cloud-based, serverless technology utilises a
SIRO and Vodafone have announced a connectivity partnership with Galway’s CREW, Creative Enterprise, and Innovation Hub, a new shared and own-door enterprise space for businesses in the creative digital enterprise sector that is scheduled to open in early 2024. CREW will join Vodafone-SIRO’s GigaBitHub Initiative, which provides world class Gigabit full fibre broadband
Minister of State for Business, Employment and Retail, Neale Richmond, has announced that entitlement to paid sick leave will increase from 3 to 5 days on 1 January 2024. This is in line with the government commitment to gradually increase the entitlement until 2026, when it will reach 10 days. Minister Richmond said, “we do […]