Irish companies are set to discard the UK accounting rules they have been moored to for decades and adopt an international accounting code – the IFRS – for small and medium sized businesses.
A new portal website, www.procurement.ie, is aiming to make it easier to find information on procurement opportunities in Ireland.
The government has launched a new scheme to help Irish SMEs take advantage of the growing civil security sector.
The European Payment Services Directive took effect on 1 November 2009. It removes many of the risks associated with paying by direct debit.
Bank of Ireland has launched a new €26m fund to invest in start-up and early stage companies. In addition the fund will go to support patent and patent-pending projects within Irish universities.
This fund is part of a 5 year Enterprise Ireland seed and venture capital programme. The fund will focus on technology, food and financial services sectors, which are export based.