Minister Humphreys announces supports for businesses impacted by COVID-19

Minister of Business, Enterprise and Innovation (DBEI), Heather Humphreys TD, has announced details on the package of supports she has put in place for businesses impacted by COVID-19, including:

– A €200m Strategic Banking Corporation of Ireland (SBCI) Working Capital scheme for eligible businesses impacted by COVID-19. Loans of up to €1.5m will be available at reduced rates, with up to the first €500,000 unsecured. Applications can be made through the SBCI website.

– A €200m Package for Enterprise Supports including a Rescue and Restructuring Scheme available through Enterprise Ireland for vulnerable but viable firms that need to restructure or transform their business.

– The maximum loan available from MicroFinance Ireland will be increased from €25,000 to €50,000 as an immediate measure to specifically deal with exceptional circumstances that micro-enterprises – (sole traders and firms with up to 9 employees) – are facing. Applications can be made through the MFI website or through your local LEO.

– The Credit Guarantee Scheme will be available to COVID-19 impacted firms through the Pillar Banks. Loans of up to €1m will be available at terms of up to 7 years.

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Gillian Horan: The Inside Story

by Gillian Horan, The Pudding Brand

The availability of talent is one of the biggest challenges facing businesses in Ireland and internationally. To attract the best, you need a strong employer brand. If they don’t know what it’s like to work for your company, you risk losing valuable candidates to other employers.

Companies such as Workday know this. It has featured on the Great Place to Work list for the past five years and this year was the second time it achieved the top spot. Last year’s winner, AbbVie, was ranked second, followed by Salesforce, Version 1 and HubSpot.

All of these organisations have strong employer brands. It is vital for businesses to invest in employer branding, particularly if they are growing globally or hiring from a younger demographic.

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Youth Unemployment in Decline

youth unemployment

Commenting on today’s release of the CSO Monthly Unemployment figures for December 2016, Ian Talbot, Chief Executive Chambers Ireland said: “The ongoing reduction in the unemployment rate is positive news, coming as it does at a time of uncertainty for the Irish economy.”

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Fitbit Announces 50 New Jobs for Dublin

31/08/2016 NO REPRO FEE, MAXWELLS DUBLIN Pictured at Fitbit’s new Dublin office are Woody Scal, Chief Business Offce at Fitbit,James Park, CEO of Fitbit, Mary Mitchell O'Connor, Minister of Jobs, Enterprise and Innovation, Des Power, Managing Director, Europe, Middle East, Africa, at Fitbit and Mary Buckley, Executive Director at IDA Ireland. The new office based at 76 Baggot Street will serve as Fitbit’s EMEA headquarters and will house the strategic business functions for the region, including senior management roles, sales, marketing, operations, finance and customer support staff. The company hopes to grow to approximately 50 people by the end of the year with the potential to grow to 100 by the end of 2017. Fitbit pioneered the connected health and fitness market starting in 2007, and since then, has grown into a leading global health and fitness brand, shipping over 48.7 million devices globally. PIC: NO FEE, MAXWELLPHOTOGRAPHY.IE

Fitbit, Inc. an American company known for its development of products connected to the health and fitness industry, has announced the opening of its Europe, Middle East and Africa (EMEA) headquarters in Dublin.

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SiteMinder to create 100 Jobs in Galway

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Australian tech company SiteMinder will today formally announce the opening of its new office in downtown Galway alongside Minister for Jobs, Enterprise & Innovation, Mary Mitchell O’Connor TD.

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EY Ireland announces six new partners

REPRO FREE 6/7/2016 EMBARGOED UNTIL 01.00 on 7/7/2016 EY Ireland has today announced the appointment of six Partners, bringing the total number of Partners within the Irish business to 61.  Reflecting the strong client demand for its advisory services, EY has promoted two new Partners within its Performance Improvement business - Marcus Gageby and Barry McCarthy - while Niamh O'Beirne has been promoted to Partner within People Advisory Services. Within its tax division, EY has promoted Cork-based Seamus Downey, underlining the Firm's continued investment in the Munster region, as well as Ian Collins who heads up EY's Research & Development team. High growth sectors which are core to Ireland's sustained economic prosperity such as life sciences, are also key areas of investment for EY, reflected by the Firm's appointment of Feargal De Freine as Assurance (audit) Partner from Baxter Healthcare. Pictured (l-r) at the announement are Seamus Downey, Marcus Gageby, Ian Collins, Mike McKerr (Managing Partner), Niamh O’Beirne, Fergal De Freine and Barry McCarthy. © Patrick Bolger Photography

Pictured (l-r) at the announcement are Seamus Downey, Marcus Gageby, Ian Collins, Mike McKerr (Managing Partner), Niamh O’Beirne, Fergal De Freine and Barry McCarthy.

EY Ireland, the professional services firm, which provides assurance, tax, transaction and advisory services, has announced the appointment of six partners, bringing the total number within the Irish business to 61.

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