On the crest of a wave
Maynooth firm Wavebob is one of the early leaders in the global ocean-energy sector. A long time ago, scientists realized that if the power of the ocean could be harnessed, it would go a long way towards solving the world’s energy problems. One of the companies at the forefront of developing technology to do just that is a little-known Maynooth-based outfit called Wavebob . The 10-year-old company has developed a patented technology of the same name that converts ocean waves into electricity. Sounds simple, but, as CEO Andrew Parish explains, designing a piece of equipment – known as a wave-energy converter – that can absorb the sea’s power, without getting destroyed in…
Read MoreShare receiver appointed over Quinn family shares
Share receiver appointed over Quinn family shares Anglo Irish Bank, which will remain a minority shareholder in Quinn Group, has appointed a share receiver over the Quinn family’s shares in the group. The share received has already appointed a number of non-executive directors to the board of directors of Quinn Group. As a result, Sean Quinn and the Quinn family will no longer have any role in the management, operations or ownership of the Quinn Group. A share receiver takes control of the shares only, and not the assets, businesses or employees of the Quinn Group. The share receiver has also been appointed to the Quinn family’s international property group. Minister for…
Read MoreViagogo to Open Limerick Operations Centre Where it Plans to Recruit “in the hundreds”
Viagogo Group, the operator of ticket marketplace Viagogo.com, has announced plans to open a new purpose-built operations center in Limerick. The investment is supported by the Department of Jobs, Enterprise, and Innovation through IDA Ireland. The new operations centre is recruiting for a range of technical and customer service roles for people with a range of skills and languages, including German, French, Italian, and Spanish. While the new centre is due to open later this year, those who have already been recruited are currently based at a temporary location in the city centre. “We reviewed many locations for our latest operations centre but we chose Limerick for its reputation as a place of excellence and local talent,” said Edward…
Read MoreIrish Cancer Society and Dell Ireland Appeal Support Daffodil Day
Irish Cancer Society and Dell Ireland appeal for business support for Daffodil Day The Irish Cancer Society and its lead partner for Daffodil Day, Dell Ireland , have launched an appeal to companies and businesses all over Ireland to support the event, which is being held on 27 March. The overall target for Daffodil Day 2015 is €3.5 million. “Corporate partnerships and employee fundraising activities help to make a real and significant impact on the Irish Cancer Society’s ability to continue to provide services and support to people affected by cancer in Ireland,” said Irish Cancer Society chief executive, John McCormack. “We need companies to sign up this year and once again commit to…
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Read MoreSFI launches strategy plan, gives details of €30m funding in research infrastructure
SFI launches strategy plan, gives details of €30m funding in research infrastructure Pictured: Minister Richard Bruton , Prof Mark Ferguson and Minister Sean Sherlock A new eight-year Science Foundation Ireland (SFI) plan was launched today, along with details of a €30m investment in research infrastructure by the Government agency. As part of the ‘Agenda 2020’ strategy, SFI said it aims to become “the world’s best science funding agency in the world at creating impact from excellent research and demonstrating clear value for money invested by 2020”. Other targets include attracting a top-tier international prize-winning scientist to lead an SFI-funded team in Ireland by 2015 and having an SFI researcher/team to win a major…
Read MoreProcurement guide launched to support SMEs
A best practice guide designed to address the issues that inhibit SME procurement from the public sector was launched by Minister of State Brian Hayes TD at an event in the Dublin Chamber of Commerce today. In Ireland and the UK alone, the public sector procures about €190bn in goods and services every year. But although SMEs account for 99pc of total companies, they deliver less than half of the requirements of contracting authorities “Research has shown that, given the right conditions and assistance, SMEs can become more effective in winning and retaining supply contracts to Government and other authorities,” said Gina Quin, Dublin Chamber chief executive . “This is a ‘win win’ for all; SMEs…
Read MoreEuropean Investment Bank to provide €200m for Irish SMEs with AIB
European Investment Bank to provide €200m for Irish SMEs with AIB The European Investment Bank (EIB) has agreed to work with AIB in providing €200m for investment by small and medium companies across Ireland. This represents the latest EIB support for SMEs in Ireland since an earlier lending programme intermediated by AIB in 2011. The SME initiative, the largest ever engagement by the EIB to support Irish small business, was signed at AIB headquarters in Dublin, today by AIB chief executive David Duffy and EIB president Werner Hoyer. The Minister for Jobs, Enterprise and Innovation Richard Bruton TD also participated. “Today’s announcement that the EIB along with AIB will provide an additional…
Read MoreAspen creating 44 jobs in Dublin as Irish mandate expanded
Generic pharmaceutical company Aspen has announced its decision to make Dublin its centre of excellence for a range of global and EMEA activities and to create an additional 44 high quality jobs bringing its total workforce in Ireland to 58. The investment, which is being supported by the IDA, was announced this morning by Minister for Jobs, Enterprise and Innovation, Richard Bruton TD. The company first established an operation in Ireland in 2010 and this has now become Aspen’s European marketing and supply chain headquarters. In addition, the company is now establishing a global regulatory, pharmacovigilance, quality assurance and supply projects centre of excellence in Citywest.. Aspen is one of the largest generic…
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