Irish Technology Company Seedups launch their full service on February 1st. Developed as a crowdfunding platform for start-ups to match with a growing network of investors, the company have already hit a number of milestones since their beta launch. Founder Michael Faulkner explained the concept of the business as “networking new entrepreneurs with angel type investors who are looking for the best new start-ups in which to invest”. The business model has been described by an existing Seedups investor as Dragons Den meets Facebook.
A new guide just published will help viable small businesses develop better relationships with banks and access credit to grow and create jobs, according to the Minister for Enterprise, Trade and Innovation, Batt O’Keeffe TD. ‘Your Business, Your Bank’, a 17-page guide prepared by the Credit Supply Clearing Group, offers important advice for small business growth.
The Minister for Enterprise, Trade and Innovation, Batt O’Keeffe TD, has launched a bid to draw top investors to Ireland under a €500 million fund to support enterprise and create jobs. The first call for expressions of interest in Innovation Fund Ireland is the latest step in the Government's plan to generate high-quality jobs in the ‘smart’ economy. Innovation Fund Ireland aims to attract global venture capital firms and experienced investment managers to Ireland to invest in innovative small and medium-sized firms and open doors to powerful networks of contacts.
A conference taking place in Louth this week will focus on how high-potential companies can access alternative funding to support business growth. Speaking ahead of Thursday’s conference, Asst CEO of Louth County Enterprise Board Joe English states “Conventional wisdom is that small business creates employment. However a recent Danish study indicates that employment growth is related to the age of a company. Younger companies generate the greatest number of jobs. Our objective has always been to support early stage entrepreneurs in the generation of employment and economic growth.”