NEWS

NEWS2019-09-30T12:51:28+01:00

Covid-19 Business Supports – latest information

03 APRIL 2020 As information regarding Business Supports during the Coronavirus crisis continues to develop, CFO Services will endeavour to keep you updated with the details as and when they emerge. Today, we again outline the four existing Business Support Schemes and also the two newest schemes which have been recently announced: the Covid-19 Business Financial Planning Grant and the Business Continuity Voucher.     Covid-19 Business [...]

April 3rd, 2020|

Small tech firms drive Irish venture capital to €820m

A surge in funding to Irish startups and tech companies saw the total value of venture capital investment in Ireland rise to €820m last year, according to new figures from the Irish Venture Capital Association (IVCA). The funding - a jump from the €740m committed in 2018 - was driven by a doubling of VC cash in the last quarter to €253m and a spike [...]

March 10th, 2020|

Dublin as a Global Hub

The most recent Global Cities Report - produced by management consulting company Kearney - ranked Dublin highly in its Outlook Index, jumping 24 places to ninth, behind cities such as London, Singapore, San Francisco, Paris and Tokyo. This particular index highlights those primed to become the next generation of global hubs, thus positioning Dublin as a key base for companies looking to compete on a [...]

February 18th, 2020|

Record number of startups are formed here

Almost 23,000 business startups were formed in Ireland last year, according to a report from company intelligence firm CRIF Vision-net. This is up 1.2pc on 2018, and is the highest number of startups over a 12-month period in CRIF's 29-year history. Startups exceeded company closures by more than 10,400 in 2019. Firms operating in the professional services space accounted for the majority of companies being [...]

February 5th, 2020|

Business ‘angels’ invested €16.8m in 66 Irish startups last year

Business 'angels' invested €16.8m in 66 Irish startups last year, according to a report from the State-supported body for promoting such investment. The Halo Business Angel Network (HBAN) has, since 2007, been building regional syndicates of investors interested in gaining stakes in startups and early-stage firms. The average investment in 2019 was €255,000. John Phelan, all-island director of HBAN, said that what is clear from [...]

February 5th, 2020|

Where venture capital investors have been cutting their cheques in 2019

Latest numbers from the Irish Venture Capital Association (IVCA) showed that while there has been quarterly jumps up and down, funding overall in the first nine months of 2019 has grown from €546 million to €566 million. The year has seen reasonably healthy growth in the number of small deals – €10 million or less – but a decline in larger deals. It suggests that [...]

January 6th, 2020|
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