How to Leverage R&D Tax Credits for Business Growth in 2025
Research and Development (R&D) tax credits are a powerful financial incentive designed to encourage innovation and technological advancement. These credits offer significant tax relief to businesses investing and actively engaging in R&D activities, helping them reinvest savings into further growth. Understanding how to qualify for and strategically use these credits can give businesses a competitive edge. Understanding R&D Tax Credits R&D tax credits are government-backed incentives [...]
Building a Resilient Financial Strategy in an Uncertain Economy: A 2025 Playbook for SMEs
In today’s economy, running an SME feels like juggling on a moving train. Inflation bites, supply chains wobble, and customers change their minds faster than ever. The margin for error? Slim. But here’s the thing: resilience isn’t just about surviving the chaos. Done right, your financial strategy can actually become a growth engine. Let’s break down some practical ways to make that happen. 1. Cash [...]
Services growth moderates slightly, outlook brightens, PMI shows
Service sector growth moderated slightly for the second successive month in July, but a pick up in new business, the year-ahead outlook and jobs growth pointed to positive signs for firms, a survey showed today. The AIB Global S&P Purchasing Managers' Index (PMI) fell to 53.6 from 54.2 in June, slightly below the trend so far this year, having stayed above the 50 mark separating [...]
Irish business leaders less concerned about geopolitical risks than global peers
Irish business leaders are more optimistic but less innovative than their peers in Europe, according to a new report. Fear of a second Donal Trump presidency or of fallout from the wars in Ukraine and Gaza is having no impact on Irish business leaders’ economic outlook. Almost three quarters (73pc) of Irish medium-sized companies surveyed predict a positive year ahead, according to the latest International [...]
Tech funding slumps 48pc in first quarter 2024
Venture capital funding for start-ups and tech companies has fallen sharply in Ireland, according to new industry figures. Cash to fund tech firms sank by 48pc to €259m in the first three months of the year, compared with €502m during the same period in 2023. The fall, which is partly caused by a drop in international venture capital coming into Ireland, echoes a similar slump [...]
Viatel Technology Group to acquire MJ Flood Technology
Digital services provider Viatel Technology Group is set to acquire MJ Flood Technology, the technology division of the MJ Flood Group. The deal will combine two of Ireland's tech solutions providers, bolstering Viatel's capabilities in cybersecurity, cloud and communications. The transaction is subject to regulatory approvals and is expected to close by mid-2024. "With the addition of MJ Flood Technology, we are delivering on the [...]