June, 2013


29
Jun 13

Ireland sets sights on €1bn EU aid for research

Research and innovation minister Seán Sherlock

Research and innovation minister Seán Sherlock

The EU’s budget for research will be €70bn for the next seven years under a political agreement reached in Brussels — and Ireland hopes to win €1bn of that.

Research and innovation minister Seán Sherlock said work would begin as soon as possible on making sure the country’s third- level institutions, companies, and especially small and medium-sized enterprises, could avail of the huge potential the fund will open up.

He was involved in the final push to get the programme, known as Horizon 2020, agreed between the European Parliament, the member states represented by Ireland, and the Commission, led by Commissioner Máire Geoghegan Quinn.

“This has been a major achievement for thepeople of Europe and will have a knock-on effect on the European economy where much of it is designed to boost the growth and creation of jobs we so badly need,” he said.

Part of the agreement is a much simplified method of applying and winning funding — a process that should take as little as eight months, which will open it up to far more bodies and people, and for which a whole host of projects could qualify.

Enterprise Ireland plans to hold information events, promote funds and provide training in applying for help together with the Department of Enterprise and Jobs in the autumn in the biggest push yet by Ireland.

This will be done on a 32-county basis when the synergies between north and south are expected to help researchers greatly.

Ms Geoghegan Quinn said the agreement, once approved by the European Parliament and the member states, was a good one.

“We now have within reach what we envisaged from the start — a research and innovation programme that will make a real difference for jobs and growth in Europe,” she said.

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29
Jun 13

Irish entrepreneurs relish U.S. retreat.

      Home     Sections     Digital     Events     Classifieds     Contact  Irish entrepreneurs relish U.S. retreat. in News, News & Views / by Admin2 / on June 28, 2013 at 2:21 pm /  Competitive Edge By Maura Kelly It has been called “the ultimate mind meld for business leaders” by those involved.   For seven days in June, 110 Irish entrepreneurs had the opportunity to engage with top U.S. CEOs, economists, political advisors and change agents in Chicago, the University of Notre Dame, and New York, this while attending the Ernst & Young Entrepreneur of the Year CEO Retreat. 

All of the participants embarked on the supercharger retreat with one goal in mind – to return to Ireland reinvigorated and expand their businesses on a domestic and international level.  The journey for twenty-four of the CEOs started when their companies were short-listed for the Ernst & Young Entrepreneur of the Year (EOY) 2014 Award.   EOY is a global recognition program for entrepreneurs run in 140 cities in over 50 countries.   The Irish EOY program, now in its sixteenth year, was created to recognize talent and innovation across the island of Ireland and it includes finance, technology, agriculture and manufacturing sectors.  All of the finalists and seasoned entrepreneurs on the retreat have created new jobs and opportunities, both in Ireland’s tough economy and abroad.   I had a chance to meet and talk with several CEOs at the residence of Consul General Noel Kilkenny during the New York leg of the trip.  Fresh off the plane from South Bend, Indiana, the group was truly energized by the panoramic views of Manhattan and the Empire State Building from the Consul General’s 52nd floor residence.  ”The aim of this year’s CEO Retreat is to challenge and inspire Ireland’s entrepreneurs to think in new ways and unlock their success and strategy on a global level” explained Frank O’Keeffe, Partner-in-Charge of the EOY program.

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29
Jun 13

Adara creates 30 jobs in Ireland with Dublin office opening.

US digital marketing company Adara Global is to create 30 jobs over two years by establishing its Europe, Middle East & Africa headquarters in Dublin.

Adara helps digital advertisers use data to reach targeted traveller audiences, while aiding travel companies to turn their data into new revenue streams.

The company recently announced an agreement with Ryanair amid plans to grow its business outside of its US homeland in Europe and beyond.

The new base will be responsible for ad operations, key account management and finance. The Irish government worked closely with the company to attract the investment to Ireland.

Chief executive Layton Han said: “Following an analysis of different locations we chose to locate our European headquarters in Dublin due to its rare mix of an exceptional talent pool, ease of accessibility to Europe’s major markets, competitive costs of doing business and its vibrant local technology business scene.

“Our new HQ provides us with a solid base to increase our EMEA market base and further grow our global footprint.”

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28
Jun 13

Irish start-up SilverCloud Health raises €1.5m to target global e-therapy market.

Irish start-up SilverCloud Health raises €1.5m to target global e-therapy market

From left: Leo Hamill, partner at Investec Ventures; James Bligh, co-founder and CTO at SilverCloud, and Ken Cahill, co-founder and CEO at SilverCloud

Irish health-tech start-up SilverCloud Health has secured €1.5m of new equity funding that will be used to ramp up its growth strategies, company co-founder Ken Cahill said.

 Last October, when Siliconrepublic.com featured SilverCloud Health in our ‘One to Watch’ series, Cahill spoke about the company’s plans to disrupt the online health and wellness space with its new e-therapy platform, especially in areas such as depression and chronic illness.

Today, the €1.5m investment in SilverCloud Health is being led by the Ulster Bank Diageo Venture Fund, managed by Investec Ventures, with co-investment from the AIB Seed Capital Fund, managed by Dublin Business Innovation Centre (DBIC), and Enterprise Ireland.

It helps that, last year, SilverCloud was named as the ‘Most Investable Business in Ireland’ by the Irish Software Association and Irish Venture Capital Association. SilverCloud also secured funding from Enterprise Ireland’s Competitive Start Fund in early 2012.

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28
Jun 13

90 jobs for Dublin as four firms set up in city

Minister for Jobs, Enterprise and Innovation Richard Bruton has announced 90 jobs in four new firms to set up in Dublin. Photograph: Eric Luke/The Irish TimesThe new companies, which IDA Ireland has identified as fast-growth firms, cover everything from digital marketing and software to games.

Minister for Jobs, Enterprise and Innovation Richard Bruton said the announcement was great news for Ireland.

Among the new firms is digital marketing firm Adara Global, which will create 30 jobs over the next two years as it opens its European headquarters in the city centre. The firm, which is US based, uses big data to help travel companies reach targeted audiences, while also helping firms turn their data into revenue streams.

One of its most recent deals was with no-frills airline Ryanair.

The Dublin office will look after ad operations, key account management and finance.

“Following an analysis of different locations we chose to locate our European Headquarters in Dublin due to its rare mix of an exceptional talent pool, ease of accessibility to Europe’s major markets, competitive costs of doing business and its vibrant local technology business scene,” chief executive Layton Han said.”Our new HQ provides us with a solid base to increase our EMEA market base and further grow our global footprint.”

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26
Jun 13

AOL boost with 40 software jobs

DUBLIN-based technology group AOL Ireland is to add 40 new software engineering roles over the coming year.

The company said the new positions will be based at its Dublin Development Centre.

Candidates, who need industry experience, will work with programming languages such as Java, Erlang and C++.

Barry O’Leary (right), CEO IDA Ireland said the choice of Dublin for these roles is a “vote of confidence in the quality of the Irish workforce”.

“This investment by AOL involves significant levels of innovation and will lead to the Dublin operation becoming a centre of excellence for a strategic growth segment for AOL,” he said.

The 40 new positions are within AOL Networks, a team that is spearheading the delivery of AOL’s state of the art programmatic advertising solutions for brands and publishers globally.

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25
Jun 13

Govt pumps €21m into Enterprise Ireland fund to commercialise third-level research

Govt pumps €21m into Enterprise Ireland fund to commercialise third-level research

Govt pumps €21m into Enterprise Ireland fund to commercialise third-level research

The Irish Government is to pump €21m into Enterprise Ireland’s Commercialisation Fund to support the commercialisation of further third-level research in 2013. The goal of the funding is to speed up the development of innovative new products and services and increase the number of new technology-based start-ups spinning out of third-level institutes.

Ireland’s Minister for Jobs, Enterprise and Innovation, Richard Bruton, TD, announced the funding this morning.

According to Bruton, Enterprise Ireland’s Commercialisation Fund will be available to researchers in the third-level sector to commercialise ideas and inventions at all stages of development.

Spawning new Irish start-ups

The ultimate goal is that this research will help to spawn new start-ups and new industries – and ultimately, jobs.

Enterprise Ireland awards such commercialisation funding to projects that are addressing a gap or need in the market by developing innovations that will ideally be ready for licensing to Irish industry or may form the basis of a new start-up company in two to five years.

“Over the past decade, Ireland has built a system of research and innovation that ranks extremely well internationally – the challenge now at a time of jobs crisis is to put in place measures that will turn these achievements into economic growth and jobs,” said Bruton this morning.

“This fund will provide support for projects seeking to take innovations and develop them into commercial products and services that can sustain businesses and ultimately create jobs,” he said.

So far this year, Enterprise Ireland has funded 24 commercialisation projects valued at €5.3m across a wide range of areas, including ICT, life sciences, food, manufacturing, engineering and energy.

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24
Jun 13

Animated Language Learning to create 100 jobs

ALL Parents OnlineIrish start-up to establish centre for language development in Co Westmeath;

A centre of excellence for language development is to be established in Co Westmeath as part of a €100,000 investment by Animated Language Learning (ALL) and will see 100 new jobs created over the next five years.

The centre, which will feature state of the art audio visual technology and software, will be located at the headquarters of Irish Autism Action in Multyfarnham, according to ALL chief executive Enda Dodd. He said the 100 jobs will consist of software development, graphic design and support roles.

Developed by Mr Dodd, ALL is an internet-based software programme specially developed for children with autism and moderate to severe language learning difficulties. He created the programme following numerous failed interventions with his twin sons, Conor and Eoin, both of which have autism.

The internet delivered language learning works by building on the visual learning skills autistic children have, using repetition to reinforce the concepts of characters, action words, and socio-emotions. It uses clips from popular Disney Pixar movies like Toy Story to help autistic kids learn how to speak.

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19
Jun 13

Trade Deal could add 18,000 jobs in Ireland.

http://ts4.mm.bing.net/th?id=H.4962152796784371&pid=15.1IRELAND will benefit more than any other European country except Britain if the European Union and United States hammer out a new trade deal, a leading Germanthink-tank says.

A deal that leads to “deep liberalisation” could boost average incomes here by almost 7pc and create more than 18,000 jobs, the Munich-based Ifo Institute said in a report published yesterday.

The US would be the biggest beneficiary of any agreement under a “deep liberalisation” scenario with a 13.4pc rise in income, according to Ifo, but an agreement that allowed for deep liberalisation would see gross domestic product per head rise 9.7pc in Britain and 6.9pc in Ireland.

Countries which already have deep trade with the US such as Ireland, the UK and Sweden are set to benefit most while countries with relatively low levels of trade such as France would see a smaller gain, Ifo said.

Germany’s benefits would also be below average, at 4.7pc. In employment terms, the study found that an aggressive transatlantic deal would create 1.1 million jobs in the US, 400,000 in the UK and 100,000 to 200,000 each in Germany, Italy, Spain and France.

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18
Jun 13

IBS/Xerox creates 90 new skilled jobs

XEROX owned IBS is to expand its Irish operations with the creation of 90 jobs.

The company already employs just under 300 people in seven locations around Ireland.

The plans include the creation of 50 new posts immediately in engineering, sales and marketing.

Most of the jobs will be in Cork and Dublin.

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