January, 2014


31
Jan 14

Nine Entrepreneurs Shortlisted for Manley Awards

Tom Lyons, senior business correspondent at The Irish TimesNine entrepreneurs are in the running for a prize package worth over €100,000 at today’s David Manley Emerging Entrepreneur awards.

Those shortlisted include the founder of the popular Temptster App, two entrepreneurs behind R-Nua Tec, a start-up helping households generate their own electricity using micro hydro-turbines, and a group of six textile designers who have created the textile print facility, Print Block.

Alongside the entrepreneur awards, the David Manley Media award will be presented today to Tom Lyons, senior business correspondent at The Irish Times. It is awarded by the judging panel to a journalist they believe has best and most regularly covered entrepreneurial issues.

Established in 2002, the David Manley Emerging Entrepreneur Awards were established to nurture Ireland’s entrepreneurial spirit in business, arts and social spheres. Since then, the awards have provided almost €1 million in support to high-potential emerging entrepreneurs. This year’s panel of judges was chaired by entrepreneur and investor Chris Horn. The guest speaker at the awards ceremony is 13-year-old Jordan Casey, founder and chief executive of Casey Games.

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30
Jan 14

Enterprise Ireland launches First Online Networking Platform for Female Entrepreneurs.

Enterprise Ireland (EI)The Minister of State for Small Business, Mr John Perry TD, today (Friday 24th January 2014) launched Enterprise Ireland’s first peer-to-peer online networking platform for female-led companies.

The new online initiative will support female entrepreneurs by facilitating greater communication and connectivity between the growing number of female entrepreneurs supported by Department of Jobs, Enterprise and Innovation through Enterprise Ireland, helping them exploit opportunities to grow their businesses in Ireland and in international markets.

The launch of this initiative coincides with the announcement that Enterprise Ireland will invest €600,000 in 12 female-led businesses as part of the Competitive Start Fund for Female Entrepreneurs. The successful applicants span a variety of sectors including Consumer Products, Enterprise Software, Medical Devices, E-Health, Online Applications and Internationally Traded Services.

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30
Jan 14

Search is on for Ireland’s Top Agri Entrepreneurs

AgrilandNominations for the 2014 EY Entrepreneur Of The Year programme officially opened this week as EY kicked off its nationwide search for Ireland’s leading entrepreneurs.

More than 100 entrepreneurs attended the national launch event this week at the EY offices on Harcourt Street, Dublin, where they heard about the significant benefits of being part of the programme from the 2013 overall winner, Patrick Joy of Suretank and 2013 finalist Caroline Keeling of Keelings.

Known globally as the most prestigious business accolade for entrepreneurs, the EY Entrepreneur Of The Year Ireland programme has transformed over the past 16 years into an intensive development programme for the best entrepreneurs across the island of Ireland.

“With the recent exit from the bailout, Ireland has emerged from economic austerity to a business landscape with sizeable opportunity” said partner-in-charge of EY Entrepreneur Of The Year, Frank O’Keeffe.

“Our mission for this year’s programme is to assist our 2014 finalists and wider community of entrepreneurs in building a strategy that will keep them ahead of the curve and truly prepare them for the opportunities that economic recovery will bring, in Ireland and globally.”

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29
Jan 14

What are Ireland’s hottest start-ups: Is There a New Google Out There?

Jerry Kennelly

THE Irish start-up sector is smoking hot, with some unbelievably smart young companies and entrepreneurs developing extremely cool technology and coming up with game-changing ideas. They could even be the next Google, Twitter or Facebook.

Jerry Kennelly,  The founder of Stockbyte and Tweak says that there are a number of promising start-ups he would point to right now. “They’re all trying to change the world in their respective market sectors,” he says.

Endeavour programme graduate Activemind Technology founder John McGuire’s GameGolf is a Tuam guy who went to San Francisco to build a team and get funding for his golf game tracking device that is backed by some of the world’s top pros.

Dr Ann Shortt and her husband Paul McCarthy run Fullhealth.ie, which is revolutionising the way medics produce detailed health reports at scale, giving a complete analysis of health and lifestyle after just a few tests.

Gerard Forde of Bizimply.com — another Endeavour graduate — has a suite of apps for managing restaurants that is about to be unleashed on an industry screaming for efficiency.

Derek Counihan, a former Stockbyte employee, has set up Tipple.me — a novel way to buy someone a drink through Facebook with Voucherlink.

Aoife Ni Mhuiri of SportsClinic Plus is solving the problems of those like myself who get physio exercises and execute them badly. With her medical background, she’s providing exercise videos through an app so that physios and sports organisations can communicate exercise routines more clearly for rehabilitation and prevention.”

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29
Jan 14

Dell to launch Centre for Entrepreneurs in Ireland

Dell to launch Centre for Entrepreneurs in IrelandThe Dell Centre for Entrepreneurs has already seen success in the US and, more recently, the UK. Now it’s Ireland-based entrepreneurs’ turn to benefit from access to funding and mentoring through this programme.

The Dell Centre for Entrepreneurs in Ireland launches on Friday, 24 January, at the Digital Hub in Dublin. President of Dell EMEA Aongus Hegarty will speak at the event, along with Ingrid Vanderveldt, founder of the Dell Centre for Entrepreneurs and Dell Innovators Credit Fund, Digital Hub CEO Edel Flynn, and Lisa Vaughan from Enterprise Ireland.

The programme will offer support for Irish start-ups to grow and scale quickly using Dell’s technical expertise and infrastructure. Further details on how start-ups can benefit and get involved will be revealed at the launch on Friday.

In November last year, the launch of the UK centre opened up stg£10m in funding to UK start-ups to acquire growth-critical technologies.

The original programme launched in the US in June 2012 and, as well as global expansion to the UK and Ireland, plans are also in place to establish a centre in Canada.

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29
Jan 14

Tech firms create 300 new jobs

Enterprise Minister Richard Bruton    Ralph RiegelIRELAND celebrated a 300 job boost thanks to two major technology investments.

Enterprise Minister Richard Bruton hailed the jobs as “a great day for Ireland” and proof that the economy remains very attractive for high-tech investment.

US pharmaceutical firm, BioMarin, is recruiting 100 staff as part of their roll-out of a new Cork plant which will make drugs for the treatment of rare diseases.

The BioMarin plant, developed in a Ringaskiddy, Co Cork facility earmarked for shutdown by Pfizer in 2009, already has 50 positions filled with a further 50 recruits to be in place by 2015.

The investment has also created 65 construction jobs.

BioMarin’s Cork development represents the first time the firm has invested outside the US.

A further 200 jobs will be created by a new €30m Irish Photonic Integration Centre (IPIC) which is being created within the Tyndall Institute in Cork.

The complex was described by former Tanaiste Mary Harney as Ireland’s “truly world-class R&D centre.”

The IPIC centre aims to help create 200 jobs within the photonic or light-energy sector by 2020.

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29
Jan 14

Students urged to start own business

Eleanor Ward, Denise McKenna, and Alice Kennedy of KPMG at the 32nd UCC Annual Commerce Conference at Hayfield Manor, Cork.  Picture: Denis Minihane That was the question at the 32nd annual UCC Commerce Conference, which heard from delegates who advocated everything from sponging off your parents and starting a business to joining a ‘Big Four’ accountancy firm.

Entrepreneur, author, and investor Bill Liao thanked the audience in languages ranging from Urdu to Irish before encouraging them to start a business while still young.

Mr Liao said Ireland was underpopulated to the point of being unsustainable and needed people not only to stay, but to bring others here.

“When I look at the population numbers for Ireland, Ireland is underpopulated, vastly underpopulated to the point where it may not be able to be a sustainable nation,” said Mr Liao. “There is a huge debt hanging over us. The best way to pay a debt? Spread it around. If we are going to be paying off this debt, we should invite other people to pay it off with us. Why would they do that? Because Ireland is a great place to live.”

Mr Liao detailed the success of his campaign to develop the Open Ireland initiative, which has made visas for people with valuable skills much more accessible.

KPMG’s leading partner in Cork, Barrie O’Connell, said travelling had helped him learn about the cultural differences in doing businesses around the world. He said that, in China, how somebody reacts to being handed a business card can be key to securing a deal, while in Japan the key is in respecting silence.

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29
Jan 14

Stripe: Collison brothers who built €1bn tech firm ‘won’t cash out’

The Collison brothers, John (L) and Patrick (R)ONE half of the team that founded Ireland’s newest €1bn technology company says that he and his brother are only getting started.

John (23) and Patrick (25) Collison created Stripe, a low-cost way for small companies to accept credit card payments online without administrative and financial hassles.

The service is wildly successful, with thousands of American and European companies now using it.

And it has just received new funding of €60m from some of Silicon Valley’s most canny investors. The new funding is said to value the company at around €1.3bn.

But while some entrepreneurs might think of cashing out at this point, the Collisons are only getting started, according to John.

“It’s still early days for the payment systems that power the internet,” he said. “It’s outrageously difficult and expensive to move money between countries.

“Fraud and storing credentials still cause merchants hassle. So online payments is a great place to go hunting for problems worth solving.”

The runaway success story began when the Limerick brothers became infuriated by how difficult it was to accept payments from customers online.

“We had found it really hard in our previous business to accept payment over the internet,” he told the Irish Independent.

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29
Jan 14

Enterprise Ireland launches online networking platform for female-led businesses

Enterprise Ireland (EI)A peer-to-peer online networking platform for female-led companies was launched today by Enterprise Ireland. The agency also announced today that it will invest €600,000 in 12 female-led businesses as part of the Competitive Start Fund for Female Entrepreneurs.

The aim of the online initiative is to support female entrepreneurs by enabling greater communication and connectivity between the growing number of female entrepreneurs supported by Department of Jobs, Enterprise and Innovation through Enterprise Ireland.

“A key part of the Government’s Action Plan for Jobs is encouraging more businesses to start-up, grow, and create jobs,” said Minister of State for Small Business John Perry TD, who made the announcements this morning. “Making sure that we have an increase in the number of female-led start-ups is part of that strategy.

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28
Jan 14

British Sky to Create 800 Dublin Jobs.

British Sky to create 800 Dublin jobsThe jobs will be created over the next two years at a new Sky customer service centre in Dublin to serve the Irish market, the company said in a statement.

British satelite broadcaster Sky is to create 800 jobs in Ireland, in a boost to a country which has one of the highest unemployment rates in the European Union.

The jobs announcement was one of the biggest by a single company in Ireland since its economic crisis took hold.

Bailed out by the EU/IMF in late 2010 and midway through a punishing eight-year austerity drive,Ireland recorded an unemployment rate last year of 14.2 percent, its highest since 1993 and more than three times the level of 2007.

The jobs will be created over the next two years at a new Sky customer service centre in Dublin to serve the Irish market, the company said in a statement.

Sky, which employs over 18,000 people across the UK and Ireland, plans to create a total of 1,300 new jobs in the UK and Ireland over the next two years, the statement said.

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