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Irish Electromobility Company EVHACS Announces €1m Seed Investment Secured

By Ryan Harmon
Irish technology and manufacturing company EVHACS announced that it has secured a €1m investment following a successful seed round. EVHACS  is an Irish Company supported by Enterprise Ireland with a patent-pending technology that uniquely combines electric car charging with heat pumps, air conditioners and refrigeration units. The technology seeks to contribute to lowering
Business Environment News

UrbanVolt Announces €26m Investment From Verdane to Facilitate European Expansion

By Ryan Harmon
UrbanVolt, the Solar-as-a-Service market leader, has announced a €26 million investment from leading European specialist growth investor, Verdane. This significant investment means the company has raised over €200 million in debt and equity to date, and it will further power UrbanVolt’s rapid solar energy expansion in the Irish, UK and European markets. UrbanVolt helps
News Sport

Over 1,900 Clubs and Facilities to Benefit From €2.5m Investment in Sports Energy Support Scheme

By Ryan Harmon
The Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, Catherine Martin TD, and the Minister of State for Sport and Physical Education, Thomas Byrne TD, announced a €2.5 million investment under Phase II of the Sports Energy Support Scheme. This funding will provide support to over 1,900 clubs, community-led sports facilities, National Facilities and […]
Business News

IDA Ireland Announces 2023 Mid-Year Results

By Ryan Harmon
IDA Ireland, the inward investment agency of the Irish Government, reported steady investment growth in the mid-year results of 2023. Investments won over the first half of 2023 are tracking in line with our expectations of a positive pipeline. The outlook for investments over the second half of the year remains strong. IDA Ireland continues […]
Business News

€32m State Investment in Agri-Food Sector Announced

By Ryan Harmon
Minister for Enterprise, Trade and Employment Simon Coveney and Minister for Agriculture, Food and the Marine Charlie McConalogue announced a new investment of €32 million in the agri-food sector. The public investment will ensure the delivery of 12 important capital projects in primary food plants across the country. This is the second funding announcement under […]
Business News Technology

Boston Scientific Announces €80m Investment and 400+ Jobs at Clonmel Site

By Ryan Harmon
Boston Scientific Corporation announced an €80 million investment in its Clonmel operations at an event celebrating the site’s 25th anniversary with Taoiseach Leo Varadkar. The funding, supported by the Irish government through IDA Ireland, will go towards the continued expansion of the company’s medical technology manufacturing and research and development (R&D)
Business Health News

Neuromod Set to Expand Tinnitus Treatment Roll-Out With €30m Funding Round

By Ryan Harmon
Medical device start-up Neuromod has raised €30m to expand the availability of its tinnitus treatment in the US and Europe. The Dublin company’s Series B expansion raised €15m, led by Panakès Partners with participation from existing investor Fountain Healthcare Partners. Neuromod also raised €15m in venture debt financing from the European Investment Bank. Neuromod
Education News Uncategorized

€1 Billion European Social Fund Plus Programme Investment in Employment, Skills and Social Inclusion

By Ryan Harmon
Minister for Further and Higher Education, Research, Innovation and Science Simon Harris has announced a €1 billion co-funded investment in employment, skills, social inclusion and poverty in Ireland under the European Social Fund Plus Programme. The funding is a joint investment by the Irish Government and the European Union under the European Social Fund Plus. […]
Business News

St Patrick’s Day Programme Offers Opportunity to Highlight Ireland As Outstanding Location to Invest In

By Ryan Harmon
Ahead of Ireland’s largest ever St Patrick’s Day programme, Minister for Enterprise, Trade and Employment, Simon Coveney, along with Minister of State for Trade Promotion, Dara Calleary, and Minister of State for Employment Affairs and Retail Business, Neale Richmond, again highlighted the importance of international trade for Ireland and the message that Ireland is an
Business News Technology

Venture Capital Investment into Irish Tech Firms Totals €1.3 Billion in 2022 

By Ryan Harmon
Venture capital investment into Irish tech firms and SMEs in 2022 totalled €1.33 billion, no change on the previous year, according to the Irish Venture Capital Association (IVCA) VenturePulse survey published in association with William Fry. Fourth quarter funding fell sharply to €244.6m, down by 47% from €458.5m, compared to the same period 2021. Leo Hamill,
Financial News

Investment of €853M in Ireland’s European Regional Development Programmes

By Ryan Harmon
The Minister for Public Expenditure and Reform, Michael McGrath TD, together with the Southern Regional Assembly, Northern and Western Regional Assembly and the Eastern and Midlands Regional Assembly, launched Ireland’s two European Regional Development Programmes (ERDF) Programmes for the period 2021 – 2027. Following lengthy negotiations, the EU Commission adopted the
Council Partners News

Waterford Council Welcomes Government Approval of €170.6m Investment in North Quays Project

By Ryan Harmon
The Government has given approval for €170.6m of investment in the Waterford North Quays Infrastructure Project. Mayor of Waterford City and County, Cllr. John O’Leary said, “this investment represents another significant step in bringing the development of the North Quays to reality and delivering a strategic economic and social catalyst for Waterford and the region. […]
Business News

Ireland’s Trade and Investment Report Published

By Ryan Harmon
Minister for Trade Promotion, Digital and Company Regulation, Robert Troy, has published the report on Ireland’s trade and investment performance for 2021, Delivering Value for Ireland: Trade and Investment Report 2021. Ireland’s record performance – €451 billion exports in 2021 – is set against the backdrop of ongoing trading challenges and geopolitical
Business News

IDA Ireland Half-Year FDI Results Highest Ever

By Ryan Harmon
IDA Ireland, the inward investment agency of the Irish Government, have reported significant investment growth in the first half of 2022, returning FDI results to above the pre-pandemic 2019 record levels, despite a continuing challenging global environment. 155 investments were won, with associated employment potential of over 18,000 jobs. 73 were new name investments. 73