Companies Google Ireland launches ‘2023 You’re the Business’ competition for Irish SME’sThe Us tech company has partnered with Enterprise Ireland and the Local Enterprise Office for the second year to launch the initiative
Special Report Squeeze on lending by banks leaves small companies reelingRising interest rates and reduced lending multiples from banks are already affecting some businesses’ plans for growth
Business Small Firms Association calls for Budget 2024 to take sting out of rising costs for SMEsLobby group says labour shortages, rising wages, taxes and new employment rules are putting small Irish businesses under severe pressure
SMEs Over half of SMEs raise prices to counter inflation – report 54 per cent of businesses have taken measures beyond pricing to mitigate inflation
funding Development Capital invests €6m in Dublin-based IP TelecomInvestment brings Development Capital’s Irish SME investment to €100 million
Comment Ian Guider: Despite the pain, hiking the minimum wage is a small price to pay to do the right thingA hike of 12 per cent is unlikely to affect the multinationals, but it could cause problems for thousands of small firms that employ the majority of people on lower salaries
SMEs Insolvencies up 48% in first half of this year, report showsHospitality, construction and financial services sectors saw highest rates of bankruptcy
Bite Size: What’s hot in Irish food and drink in JulyA craft lemonade, water kefir and two new restaurant menus are worth checking out this month
Investing Venture capital funding for Irish SMEs hits record €502 million in Q1The main driver of the record funding was the €300 million investment into Amarenco, the Cork-based energy company, in March
Banking Flatlining of loan demand from ‘very cautious’ SMEs, AIB’s Hunt says “We have seen almost a flatlining of loan demand coming out of the SME sector going back many years,” the bank’s chief exec told the Business Post
Partner Content Homegrown heroes: How Maxol can take your food or drink business to the next levelDo you have a great Irish-made food or drink product? Then the team at Homegrown at Maxol want to hear from you
Companies Cork clothing company Zirkulu looks to raise €250,000 to further developmentZirkulu was first conceptualised in December 2020
SMEs Multinationals say they are ‘not competitive’ because of Ireland’s housing shortage Foreign companies claim they are losing out due to the cost of accommodation
Doing The Business A family affair: Simon Rudd on going back to his food rootsTwenty years after his family parted ways with the business that bore their name, Simon Rudd is back with the brand and ready for a new era
Cybersecurity Irish cybersecurity firm Viso to create 22 jobs as part of UK expansionThe Dublin based cybersecurity provider plans to treble its workforce over the next three years following the €250,000 investment
Companies Meath manufacturing firm Turmec looks to enter American market with local acquisitionThe company, which designs and manufactures major recycling plants, already has a presence here, in Britain and Australia
Business ‘Investigate the market. It seems daunting at first’ – firms’ advice on exporting to NordicsThere are currently over 50 Irish companies working on data centres projects across the Nordics and exports to the region reached a record high of €1.24 billion last year
Making it Work Marker Content aiming to be the Shutterstock of the written wordAnyone who needs content can buy it on a subscription or per article basis from a library of 185,000 articles written by 30,000 contributors and tailor it to their own needs
Companies Davis Events targets US customers with new office in TexasIrish events organiser says its new base in Austin, Texas will allow it to build on its existing American customer base
Tax Budget tax changes: devil will be in the details of Finance BillIf a reduction in the overall capital gains rate is not possible then consideration should be given to a reduction in the rate applicable for gains arising on the disposal of investments in SMEs
