October, 2012


28
Oct 12

YapStone International Ltd to create 120 jobs in new Co Louth headquarters

YapStone International Ltd to create 120 jobs in new Co Louth headquarters

YapStone International Ltd to create 120 jobs in new Co Louth headquarters

(From left) YapStone co-founder and CEO Matt Golis; IDA Ireland CEO Barry O’Leary; Minister Minister for Jobs, Enterprise and Innovation Richard Bruton, TD; and YapStone co-founder and chairman Tom Villante. Photo via Business Wire.

YapStone International Ltd, a provider of web and mobile payment solutions and processing for targeted vertical markets, is to create 120 jobs at its new EMEA headquarters in Drogheda, Co Louth.

The new jobs will be in the areas of customer support, research and development, software engineering, finance and accounting. Recruitment for these positions will begin immediately and interested applicants may apply online.

Ireland’s Minister for Jobs, Enterprise and Innovation Richard Bruton, TD, made the jobs announcement in California, where he and IDA Ireland CEO Barry O’Leary met with YapStone founders Matthew Golis and Tom Villante. The announcement comes as part of a week-long programme of events with current and prospective IDA clients in Seattle, Washington; San Francisco, California; Los Angeles, California; and Silicon Valley.

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26
Oct 12

Silicon Valley comes to Ireland’ event to be held in Cork for The Gathering 2013.

Silicon Valley, San Jose

Silicon Valley, San Jose
Photo by HELENE LABRIET-GROSS/AFP/Getty Images.

The (Irish Technology Leadership Group) ITLG Silicon Valley Comes to Ireland summit is a two day gathering of top executives, entrepreneurs, and venture capital investors operating in Silicon Valley, Hollywood, and US East Coast, who will travel to Cork to meet Ireland’s top technology and innovative companies.

It will comprise a series of keynote presentations, panel debates, and company showcases that will provide delegates with an inside look at cutting-edge technology, business, and political trends that are creating new exciting and profitable business opportunities.

Indigenous companies in the fields of mobile technologies, cloud, biotech, and convergent pharma, nanotechnology and renewable energies, among others, will be invited to pitch their business ideas to international investors and entrepreneurs.

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26
Oct 12

Kerry dairy business scoops top prize

From left: Industry category winner Colm Piercy of Digiweb; Edmond Harty, founder of overall winner Dairymaster; and Paul Kenny of Cobone, Emerging category winner, at the Ernst Young Entrepreneur of the Year Awards.  From left: Industry category winner Colm Piercy of Digiweb; Edmond Harty, founder of overall winner Dairymaster; and Paul Kenny of Cobone, Emerging category winner, at the Ernst Young Entrepreneur of the Year Awards.Photograph: Frank Miller

EDMOND HARTY of Kerry-based manufacturer Dairymaster was last night named the Ernst & Young Entrepreneur of the Year 2012 at a gala awards ceremony held in Dublin.

Dr Harty, the technical director at Dairymaster, was presented with the title of Entrepreneur of the Year by President Michael D Higgins.

Mr Higgins said the commitment, drive and hard work of entrepreneurs will play an important role in the advancement of the Irish economy.

“It is people like these finalists, willing to innovate and take big risks, that will help change and rebuild our economy,” he added.

Dr Harty beat off competition from fellow finalists Paul Kenny of Dubai-based Cobone.com, and Colm Piercy of Irish telecoms business Digiweb.

Earlier in the evening he was named as winner of the International category. He will now go on to represent Ireland at the World Entrepreneur of the Year Awards in Monte Carlo next June.

“My dad set up the company in 1968 and I came into it in 1998. This award is a fantastic achievement for myself, my family, the staff and the company itself,” Dr Harty said.

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18
Oct 12

Dublin firm Mobile PC Monitor to create 11 new jobs as international expansion begins

Dublin firm Mobile PC Monitor to create 11 new jobs as international expansion begins

Dublin firm Mobile PC Monitor to create 11 new jobs as international expansion begins.   Mobile PC Monitor, a Dublin-headquartered company headed by a software entrepreneur, is to create 11 new jobs after signing an agreement with Dutch company Secom to distribute its software in the Netherlands. The value of the deal is expected to be worth €1.5m.

The software enables IT managers and business managers to monitor the status of PCs on a company network via any iOS, Android, or Windows Phone and control critical servers and applications anywhere, any time.

Mobile PC Monitor sales director John Corrigan told Siliconrepublic.com the company has just developed a new app for Windows 8.

He said the software currently has 100,000 users, including 100 enterprises.

“It is an innovative solution for monitoring and managing your IT infrastructure using a securely encrypted mobile app that gives you total control of your critical servers and applications from anywhere, any time.

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18
Oct 12

Small firms get access to €450m credit line

Taoiseach Enda Kenny at yesterday's press conference for the action plan for jobs at Government Buildings.Taoiseach Enda Kenny at yesterday’s press conference for the action plan for jobs at Government Buildings.Photograph: Eric Luke

THE GOVERNMENT has announced that the €450 million credit guarantee scheme for small businesses will begin operating from next Wednesday.

The scheme, aimed at ensuring some 5,600 businesses can avail of credit lines, is one of the main initiatives in the Coalition’s action plan for jobs.

Taoiseach Enda Kenny said the credit guarantee scheme would be essential as part of the Government’s “mission of getting Ireland working again”.

The action plan for jobs has promised to implement 270 specific measures in 2012 to promote job creation in the Irish economy. The Government also undertook to publish quarterly reports on what has been achieved.

A press conference yesterday, also attended by Tánaiste Eamon Gilmore and Minister for Jobs Richard Bruton, heard that all but nine of the 67 actions for the third quarter of 2012 had been achieved. It also heard that the small number of targets missed in previous quarters had been met.

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18
Oct 12

Department of Jobs, Enterprise and Innovation : New ¤500,000 fund to stimulate business start-ups by female entrepreneurs

The Minister for Jobs, Enterprise and Innovation, Mr Richard Bruton TD, today (Wednesday 17 October 2012) announced the establishment by Enterprise Ireland of a new €500,000 Competitive Start Fund for Female Entrepreneurs aimed at stimulating high potential female-led business start-ups. This initiative is part of a drive by Enterprise Ireland to boost the number of innovative, export-oriented businesses being set up and led by female entrepreneurs.

The announcement was made during the Dublin Web Summit/Founders events taking place in Dublin.

The fund will be open for applications from Monday 22 October 2012 until 3 December 2012. The funding call is open to female-led start-ups in Manufacturing and Internationally Traded Services including Internet, Games, Apps, Cloud Computing, Enterprise Software, Lifesciences, Food, Consumer Products, Medical Devices and e-Health.

Today’s announcement follows the launch in June of the Enterprise Ireland Competitive Feasibility Fund for Female Entrepreneurs. This attracted over 100 applications and will now see 20 female-led businesses receiving feasibility funding to investigate the viability of new growth orientated businesses which can succeed in global markets. Together with the new Competitive Start Fund now launched today, they mark another step in the delivery of a key measure under the Action Plan for Jobs 2012 aimed at supporting growth in female entrepreneurship.

Making the announcement, Minister Bruton said:

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18
Oct 12

Ireland : Munich Re to set up a strategic R&D project in Dublin, creating 17 new roles.

File:Richardbruton.jpgMinister for Jobs, Enterprise and Innovation, Richard Bruton TD, today announced that the Automation Solutions division of Munich Re, one of the largest reinsurers in the world, is to establish a strategic R&D facility in Dublin.

The division currently employs 47 people in Ireland. This new project involves a planned investment of over 8 million and the creation of up to 17 additional highly skilled new positions. The Irish government, through IDA Ireland, has worked closely with the company on this new activity.

The R&D team will focus on complex data mining and statistical analysis techniques that will enable Munich Re s Automation Solutions to more accurately assess underwriting risk across a broad range of insurance classes. Munich Re s life insurance clients around the world will benefit from this exciting R&D and newly-gained expertise through the next generation of new business processing and underwriting automation solutions. Established in Dublin in 1986, Munich Re s Automation Solutions division (formerly Allfinanz) is the world s leading provider of automated underwriting solutions to life insurers.

Making the announcement, Minister for Jobs, Enterprise and Innovation Richard Bruton TD said, Today s announcement that Munich Re is investing and expanding its operations here with the creation of 17 new jobs is very welcome news for our financial services sector. Through the Action Plan for Jobs this Government is determined to increase employement in this sector by 10,000 by 2016 and I believe that with the right policies from Government we can reach this ambitious target .

We are delighted to be making this investment in such innovative R&D. This strategic project will pave the way for the next generation of life insurance underwriting systems, said Ross Mayne, CEO of Munich Re s Automation Solutions Division. Ireland is our global centre for commercial software development. Our positive experience and the success we have enjoyed here made Ireland the natural choice for this pioneering project, he added.

Welcoming the announcement, Barry O Leary, CEO of IDA Ireland said, Financial services has been identified as a key growth area for Ireland s economy. In that context, to see a world leading financial services company like Munich Re investing further in Ireland is extremely significant. It will also enhance Ireland s profile as a global investment hub .

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18
Oct 12

New guarantee scheme for SMEs

Credit Guarantee Scheme expected to provide an additional EUR150 million in lending for small businesses per year.The Credit Guarantee Scheme will go live next week, and is expected to provide an additional €150 million in lending for small businesses per year, Minister for Jobs, Enterprise and Innovation Richard Bruton said today.

The scheme which goes live next Wednesday, will be open to companies employing fewer than 250 staff and with an annual turnover of less than €50 million. It will offer loans of up to €1 million.

“The Credit Guarantee Scheme will benefit innovative, job-creating businesses that face obstacles accessing credit because they do not have enough collateral, or because they operate in sectors which the banks are not familiar with. These are the businesses we need to stimulate our jobs recovery,” Mr Bruton said.

The scheme is expected to benefit 5,600 businesses and support the creation of 4,000 jobs over three years.

Under the scheme, a 75 per cent State guarantee is to be provided to banks against losses on qualifying loans to firms with growth and job creation potential who currently have difficulty getting finance from the banks.

Initially the scheme will facilitate up to €150 million of additional lending per annum to SMEs for three years. The scheme will be demand-led, and take-up and performance will be closely monitored, the department said.

The recent EU Commission Overview of Competitiveness across 27 member states shows that lending to small and medium enterprises is Ireland’s weakest area, Labour Party TD Kevin Humphreys said.

“SME access to bank lending is critical to enterprise, innovation, and job creation and we are currently the second poorest performer on this measure in the EU, above only Greece,” he added.

The Credit Guarantee Bill, which underpins the scheme, passed through all stages in the Oireachtas before the summer recess. The scheme will be operated by Capita Services.

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10
Oct 12

BBC Commission Creates 60 Jobs at Irish Animation Firm

‘Roy’ has proven a huge success for Jam Media.  Up to 60 jobs have been created at Irish animation company Jam Media after the BBC re-commissioned a third series of children’s programme ‘Roy’.

The show – filmed as a fly on the wall “mockumentary” – follows Roy, an 11-year-old cartoon boy living in Ballyfermot with his real family and plays with his real friends. He is like any other real kid his age, only he is a cartoon.

The re-commissioning of the twice Bafta-nominated series was announced at MIPCOM in Cannes yesterday.

The investment is worth €8.85 million with the 60 jobs coming on top of the 48 posts already at the Dublin-based production house.

Jam Media are now also planning to expand into the UK with the launch of a new company, Jammy, early next year.

Yesterday, John Rice, CEO at Jam Media said he was “absolutely delighted” that the BBC had re-commissioned a double series of ‘Roy’.

He added: “The series and the character of Roy really seems to resonate with viewers in the UK, Ireland and beyond.

“One of the reasons for this is that we’re able to have so much fun with his physicality and really exaggerate his reactions and expressions. Roy is a true fish out of water but he doesn’t see himself that way.”

Simon Delaney will return for the lead role as Roy’s taxi-driver dad. The Irish actor recently landed a high-profile role in the major Hollywood movie ‘Starbuck’ alongside Vince Vaughn.

He will join the original Irish cast for filming in early January 2013, which includes Cathy Belton (The Clinic), Martha Byrne, Scott Graham (The Pentecost) and Mark Lambert. ‘Roy’ receives support under section 481.

The move is further good news for Jam Media who last month scooped the producer of the year award at the Cartoon Tribute Awards.

The company is now planning to expand into the UK to create new IP and produce more live-action content. The new company Jammy will launch in Belfast in January next year.

According to Rice, Jammy will be run separately to Jam Media and will develop and produce its own and third-party content in genres and demographics different to Jam, which will continue to produce animation.

He said: “Because of ‘Roy’, we’ve developed an appetite for live-action dramas. So we would like to see more of that content coming out of Belfast in the future.”

Rice added that Jammy is likely to have its own chairman and executive board members, details of which are still in negotiation.

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10
Oct 12

Kerry Group to create 900 jobs

Taoiseach Enda Kenny said the Kerry Group announcement would bolster Ireland's reputation for food production and innovationTaoiseach Enda Kenny said the Kerry Group announcement would bolster Ireland’s reputation for food production and innovation

Global food company Kerry Group is to create 900 jobs at a new facility in Co Kildare.

In a 100 million euro investment the firm will build a technology and innovation centre near Naas.

Taoiseach Enda Kenny attended the announcement in the Shelbourne Hotel in Dublin.

“The decision by Kerry Group, with the support of the Irish Government, to establish this ground breaking facility in Ireland will bolster our strong reputation as a globally renowned country for food production and innovation,” he said.

Kerry Group plans to employ 800 new workers in 2015 and a further 100 when the site is fully commissioned by mid-2016. It is understood that half the jobs will be in the research and development division of the firm.

Some 400 jobs will also be created during the construction phase which is expected to begin early next year once planning is complete.

Headquartered in Tralee, Kerry Group employs more than 24,000 people in its manufacturing, sales, technology and application centres across Europe, North America, South America, Australia, New Zealand and Asia.

The Taoiseach added: “This facility will act as an international magnet for our country. It also sends out across the world a message of confidence for the future of Ireland. By 2016, we can realise and demonstrate that we are the best small country in the world to do business.”

Simon Coveney, Agriculture Minister, said: “Today is a phenomenal announcement and is perhaps the most significant investment ever in the Irish agri-food industry. Not only is this an announcement of 800 high end jobs, but it is the proof that the agri-food sector can be central to rebuilding the Irish economy.”

Kerry Group has annual sales of more than 5 billion euro

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