YOUR COUNTRY YOUR CALL
The number of contenders for the prizes of €100,000 each to the two winning entries to the high-profile Your Country Your Call competition will be whittled down to the final 20 this week, according to The Sunday Business Post.
Tag: Innovation
NEW SCHEME FOR CIVIL SECURITY SECTOR
The government has launched a new scheme to help Irish SMEs take advantage of the growing civil security sector.
NEW SOFTWARE SECTOR
The arrival of the Apple iPhone has created an entire new software development sector, practically overnight, with a host of new companies creating apps for the device to be sold on Apple’s online store.
POWER IN WASTE
An Irish company is to raise up to €9 million to commercially develop a technology that turns sewage and waste sludge into power.
WE NEED A GAMES AMBASSADOR
Playing games is a serious business. Video games that is – and in Ireland it is getting ever more serious. According to the IDA, the sector employs 1,500 people and that doesn’t include two jobs announcements for a total of 300 people last week.
INNOVATIVE RESPONSE TO RECESSION
The fledgling Irish software company, Artbox, has hardly noticed the recession. Established just six months ago, Artbox has already secured initial funding from British investors for its gallery manager system,
CORK FIRM SIGNS BIG DEAL
Lighting up the peas in a supermarket freezer is a more complicated – and more lucrative – business than you might think. Cork technology company, Nualight has signed a deal worth €5 million over two years with Tesco to provide energy-efficient lighting for all the refrigeration systems in the supermarket chain’s global operations.
WINNING SMILES FOR SMALL FIRMS
While cost cutting has been central to the survival of many Irish firms during the economic downturn, a wide variety of companies have looked at their businesses afresh and rebranded. In a survey of small companies around the country, the Sunday Business Post cited Nugent Engineering in Naas as an example. The company, whose core activity is
INFORMATION MOSAIC
A Dublin software firm is planning to expand after becoming profitable for the first time last year, The Sunday Business Post reports.
Information Mosaic, which makes software to manage financial risk and employs 250 people, made a profit of €1.2m in 2009. The company is projecting revenues of more than €20m in 2010, up from €17.3m last year and expects to increase revenues by 30% a year for the next five years.
The firm will open a sales and support office in Malaysia to complement the eight offices it already has overseas. John Byrne, the founder and chief executive, said the company had been experiencing significant growth in Asia in particular, fuelled by the volatility in international markets.
Byrne founded the company in 1997 and has subsequently raised €40m in funding.
ADVANCED MICROSCOPY LABORATORY
A new nanotechnology laboratory at Trinity College in Dublin has already won €3m worth of research contracts against competition from overseas, according The Sunday Business Post.
SMART TICKETING STILL WAY OFF
It feels like we have we have been promised integrated ticketing on the country’s public transport services for decades. And the latest word is that it will still be a while longer before we can avail of a universal transport
DIGITAL HUB
Dublin City Council believes the Digital Hub will expand to include the 1.6 acre site of a former flats complex, The Sunday Tribune reports.
CROWLEY CARBON
Tech entrepreneur Norman Crowley has invested €4m in a new business venture he hopes will create thousands of jobs in energy efficiency, The Sunday Business Post reports.