Irish technology firms raised almost €1bn in funding last year according to Irish Venture Capital Association’s (IVCA) VenturePulse survey for 2017. The €994m raised represents a 12% increase in contrast to 2016’s €888m. The IVCA VenturePulse survey finds that technology based SMEs raised €177m in the fourth quarter 2017. This compares to €154m in the […]
200 jobs are on the way to County Tipperary, while 70 new jobs have been added in Cork. Pilz, a global automation technology company, is opening the new €7.4m centre on the Model Farm Road in Cork, and the 70 jobs at the software development centre will bring the company’s total workforce in Ireland to […]
More than 200 new jobs will be created in Dublin across eight high growth companies from Europe and the US. The new jobs will be spread across the technology and business service sectors with a range of activities such as sales and marketing, software services and tech support. The companies hiring: • (50) Affirma Consulting, the award-winning […]
Survey finds 48% of businesses across Ireland have no cyber security policy. The lack of awareness among small businesses needs to be addressed. Magnet Networks Cyber Security Awareness Survey found that 171,000 businesses in Ireland could be vulnerable to cyber attacks. It was found that 48% of all businesses have no cyber security policy in […]
The set-up of Ireland’s first national Space Strategy for Enterprise by the Department of Business, Enterprise and Innovation has been announced by Minister of State for Training, Skills, Innovation, Research and Development, John Halligan. The Strategy will set out how Ireland can maximise the benefit of its investment in the European Space Agency (ESA) and […]
A stark warning regarding a ‘Hard Brexit’ was issued to Irish manufacturers at the National Manufacturing and Supply Chain Conference recently at the Citywest Convention Centre, Dublin. The annual conference welcomed 3,000 manufacturing and supply chain industry professionals including over 200 speakers and 170 exhibitors. With the Brexit negotiations seemingly nowhere
Ireland’s first successful live demonstration of pre-standard 5G technology was performed yesterday by Vodafone. The special event took place at the Douglas Hyde Gallery at Trinity College, in partnership with Ericsson. The firms achieved 15 Gigabit per second speeds with Vodafone saying it plans to introduce 5G into the market in the next 24 months. […]
Irish retailer Centra has announced plans to open 30 new stores and redevelop 100 others, creating 400 new jobs in the process. The news comes as part of a €30m investment connected to Centra’s Live Every Day brand position. Live Every Day encourages customers to shop in Centra as they have adopted a healthier, more […]
A total of 15,000 jobs were created from 2014 to now by Local Enterprise Office (LEO) supported companies with some 3,700 jobs delivered in 2017 by start-ups and small businesses from across Ireland. There are currently 31 LEOs nationwide, run in partnership by Enterprise Ireland and the Local Authorities, providing a ‘first stop shop’ for […]
A new report from cloud communications company Blueface found that 78% of Irish businesses now have a remote working policy in place. The research report titled “Business Communications Technology (BCT) Insight Report 2018” highlights the surge in employees having greater flexibility in choosing where they want to work. So what is allowing this growth in […]
Last week, a financial agreement was officially signed between Limerick City and County Council and the Council of Europe Development Bank (CEB) for the €85 million funding of Limerick’s 1.62 hectare Opera Site. The €200 million project, in total, will be capable of employing up to 3,000 people across a 555,000 sq ft employment campus […]
The European Commission’s Small Business Act Fact Sheet for 2017 found Ireland is the top performer in skills and innovation in the EU. Another measure where Ireland scores particularly well is the percentage of public contracts being secured abroad by SMEs. This is at 17.2% many multiples of the EU average of 2.6%. In eight of […]
I Wish (Inspiring Women in Stem) have launched a new competition, encouraging young female entrepreneurs to come forward and pitch their business ideas. “Build IT” is a competition for all those who have registered to attend the I Wish Event in Cork or Dublin in January 2018. The winning team with the most innovative business […]
16 innovative small businesses have been awarded funding of €200k in total to solve smart city solutions across the Dublin region. As part of the New Small Business Innovation Research Competition, each company received phase 1 funding of circa €12,500k. Jamie Cudden, Smart City Programme Manager of Dublin City Council commented: “We are delighted with the […]
Xilinx is to create 100 new jobs in Ireland. The company wishes to invest $40 million in an initiative to expand its research, development, and engineering operations at the company’s EMEA headquarters in Dublin and Cork. Xilinx will recruit 75 senior silicon and electronics engineering staff for its headquarters in Dublin and engineering centre in […]
About 22,000 secondary school students from across Ireland are planning to set up their own businesses through the Student Enterprise Programme. This is the largest ever enterprise education initiative to take place in Ireland with a total of 620 secondary schools taking part. 750 students from 16 schools in South Dublin are among the participants. […]
Donegal based Algaran Teoranta, a manufacturer of edible seaweed, hope to develop “strong partnerships” in the US. Algaran Teoranta is one of 15 companies to showcase the North West’s ‘entrepreneurship and innovation’ when they travel to Boston Massachusetts next month as part of a joint collaboration between Councils in Donegal and Derry/Strabane. The trip is
Flight Centre Travel Group (FCTG) has today announced plans to create more than 30 new jobs to facilitate its expansion in Ireland. The company, which is listed on the Australian Securities Exchange, plans to expand its Dublin-centred leisure and corporate travel footprint over the next five years as part of a dedicated growth strategy in […]
Fragomen, the global immigration services provider, has today announced the opening of an office in Dublin’s city centre. The firm invested significant resources into the new Dublin office to accommodate its portfolio of multinational clients. Fragomen aim to create 20 new jobs for specialists in the next six months. At present, the company has more […]
Ireland is a high cost location for small firms according to Assistant Director of the Small Firms Association (SFA), Linda Barry. Ms Barry stated that labour costs, insurance and Local Authority rates are at the focal point of the problem and the Government must be obsessive about cost competitiveness in context of Brexit. Addressing the Joint […]