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Bank Credit Refusals Overturned

The Credit Review Office received 44 applications from SME’s who have been refused credit by the two pillar banks AIB and Bank of Ireland between March and May of this year. The figures were revealed in a quarterly review of the Credit Review Office by John Trethowan. Trethowan said that while work was still ongoing on a number of cases that of all the cases completed during the three month period, 17 bank refusals were overturned, resulting in the banks supplying €2 million of credit. Since the Office’s establishment in April 2010, 35 per cent of all refusals have been overturned. Any business that has been turned down for a loan application should contact the Credit Review Office at info@creditreview.ie

New Competitive Feasibility Fund

The Minister for Jobs, Enterprise and Innovation recently announced the establishment by Enterprise Ireland of a €250,000 Competitive Feasibility Fund aimed at stimulating high potential business start-ups by female entrepreneurs. The fund will be open for applications until 4 September 2012 as part of a drive by Enterprise Ireland to boost the number of innovative, export-orientated businesses being led and set up by female entrepreneurs. For more details on same please do not hesitate to contact us.

The Importance of Being Fearless

Our friends at the Influential Marketing Blog have written the following excellent blog.

Most of us have a love affair with the big idea. We memorialize and romanticize it. We attend workshops or read books to learn how to come up with it. And the celebrate the achievements of anyone who has had one. Yet for all of our focus on this big idea, perhaps there is something even more fundamental that powers real world changing ideas.

PIRATES IN THE ARENA

Here’s a great article by Michael Arrington in TechCrunch quoting Yossi Vardi, Theodore Roosevelt & Chris Dixon on Start up entrepreneurs. If you are that start up founder, contact Noone Casey so we can walk with you.

Original article here

I’ve written many times before about the difference between a true startup founder and, well, everyone else. Israeli investor Yossi Vardi often quotes Theodore Roosevelt in a 1910 speech about “The Man In The Arena“:

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