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Doing business in Ireland
Doing business in Ireland - news from Celtar business consultants, business advisers Dublin and Ireland, curated by Billy Linehan
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Content aggregator @VideoElephant gets $1M, well done Stephen O'Shaughnessy

Content aggregator @VideoElephant gets $1M, well done Stephen O'Shaughnessy | Doing business in Ireland | Scoop.it

Irish-based online video marketplace VideoElephant has secured $1 million of funding to help expand its operations into the United States.

 

Founded in Dublin in 2011, VideoElephant aggregates and sells online video content for websites. It launched its website in 2013 with content from AFP, National Geographic, ABC, VideoJug and Press Association. Over the last year, it has forged additional content partnerships with companies such as ITN, Maker Studios and Newsy.

It currently stocks over 100,000 short-form videos and 15,000 hours of short-form and long-form content, across 15 verticals, from news and sports to travel and cooking.  Every day, it adds approximately 300 more new videos to its online catalog.  The company’s license model allows web publishers to pay a one-time fee per domain that grants them the right use the video in perpetuity, all over the world, monetize it however they wish, and keep 100% of the revenues. It also offers a revenue share model.

The Irish company will use the cash infusion to open offices in New York and Los Angeles.
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The last reel nears for film tax break in Ireland

The last reel nears for film tax break in Ireland | Doing business in Ireland | Scoop.it
Final opportunity to avail of Section 481. Scheme ends 31 Dec.

 

Investors are flocking to the popular Section 481 tax break as it heads towards the end of its final reel.

According to industry sources, Grant Thornton has the most Section 481 projects set to close before the end of the year while Mazars is also working on a number of projects. However, for other firms, the projects are starting to dry up as the investment vehicle draws to a close, leaving individual investors cut out of film finance due to changes in the tax code. A number of high profile television and film productions – including Penny Dreadful, Zig and Zag, Vikings, Calvary and Frank – have been beneficiaries of the wildly successful Section 481 film financing provision, which attracted more than 4,000 individual investors last year.


More than €150 million is likely to be raised through Section 481 this year as activity in the film industry will be roughly equal to that of last year, when more than €160 million was raised. 

While the tax code may not benefit Irish investors it will still prove a lucrative prospect for producers. “What the producers now have in their pocket is a 32 per cent tax credit which they can use to go around selling Ireland as a location,” said Gleeson. “The key is television – the onset of the binge watching of box sets, that's important for Ireland. At 32 per cent, [our tax credit] is one of the highest in the world. There has been a lot of interest in Ireland becoming a key location for high end television in the US. But the problem is we may not have the capacity. We have just two studios – one in Ardmore and one in Ashford – and they’re pretty busy.”

However, while Grant Thornton may have a number of projects set to close before the end of the year, others are finding that film deals are starting to dry up. Crowe Horwath, an accountancy firm which has been involved in a number of significant film deals, has told potential investors that the firm has noticed that the supply of projects has been “reduced compared to previous years” and that it has no current projects.

Under the previous tax regime, individuals could invest in special production companies set up for named film or television projects and, up to a limit of €50,000, make investments that they could set against their tax liabilities. However, last year Section 481 was closed to individual investors as the tax benefits shifted so that it accrued to the production companies rather than the individual taxpayers.

From the outset of 2015, a production company can apply for a new tax credit from the Revenue Commissioners amounting to 32 per cent of qualifying expenditure (that is, the cost of all of the cast and crew working in Ireland, as well as the goods and services produced in Ireland), up to a maximum value of 80 per cent of the global budget.

Sunday Business Post

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Sales Admin vacancy, Jobs @ F&P Fogarty & Sons, Baldoyle Dublin #jobfairy

Sales Administrator

F&P Fogartys’ is the leading supplier of light industry conveyor belting on the island of Ireland. Based in Baldoyle Industrial Estate the company fabricates and is a preferred distributor of belting for the food, timber, waste and pharma sectors in Ireland.

Job Title: Sales Administrator

Salary: €26-30K

Main function: The Sales Administrator is responsible for effectively completing sales orders received via phone and email, converting them into manufacturing orders through implementing steps required for delivery of products. And to consistently monitor all orders through the system as to ensure accurate and timely delivery of products.

 

Experience in sales administration is essential 

 

To apply, please email hr@fogartybelting.com

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Taking care of business in Dublin Castle today - #guerrillamentoring at work #supportingjobs

Taking care of business in Dublin Castle today - #guerrillamentoring at work #supportingjobs | Doing business in Ireland | Scoop.it
Taking care of business in Dublin Castle today, Tiago of @mySEDAS & #guerillamentor @tcob2014 pic.twitter.com/zCZF7tjIv2

25 government departments, agencies and initiatives on display.

 

Picture Tiago da Mascarenhas Marketing director, SEDA Colleges, and Billy Linehan of Celtar

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How to get the best business mentor for your business - Real Business

Statistics reveal that 70 per cent of small businesses that receive business mentoring support, survive for five years or more and are 20 per cent more likely to experience growth. But why is business mentoring such a key part of business success?

You need to have someone to talk through your business issues to help motivate and empower you. Although many entrepreneurs take inspiration from the words of business leaders such as Richard Branson and Peter Jones, nothing really beats sitting down and having a one-to-one with someone who is interested in your business, and has the knowledge and experience to help it grow.

Here are my top tips to finding a good business mentor who can really benefit your business.

Explore your own networks 

Consider family, friends, former bosses or inspiring business contacts that you already know, in the first instance. Pick people whose judgement you admire and respect and approach them with a view to them becoming your business mentor. Make sure you pick people who you trust are going to be honest with you and can give you an external view of your business.

Ask your network for recommendations 

You may find that a friend of a friend is in the same sort of business as you and would be a perfect match. Ask the question on social media platforms such as LinkedIn or Twitter to ensure that you spread your search as widely as possible. Explore every avenue in your own network before you start looking further afield.

Mentors don’t have to be in the same business as you

Often people look for mentors who have a different skill set and are specialists in areas that they may be weak in e.g. marketing, public relations, finance or HR. Having an experienced mentor with different expertise can really help to give businesses a boost.

Check out Government schemes to see if you qualify for support from a mentor

It is well worth contacting your local Chamber of Commerce to see if they run or keep lists of potential mentors. Schemes such as the UK Government’s Growth Vouchers programme are certainly worth applying for too and can give you support in a few vital key areas such as finance and marketing.

Target people you admire

Think about entrepreneurs that you admire or would love to work with and write to them. You have nothing to lose and a lot to gain if they are interested in giving you support along the way. Draw up a hit list of your ideal business mentors and make sure that your letter is personalised to them and explains clearly why they are somebody you would like to work with.

Be clear about your goals

Before you select a mentor, make sure you are clear about what you want to achieve, how a mentor will help you get there and what your expectations are. This holds true for every subsequent meeting you have with your mentor. Be clear what you need from them every time you meet so that you don’t waste time.

Don’t wait until your business gets into difficulty before looking for a mentor. An entrepreneur who works with a mentor should do so from as early on as possible. A mentor is there as a sounding board and to provide advice to help a business grow. They are not there to issue orders but to help business owners find their own solutions.

The key to any successful mentoring partnership is respect and the ability to get on together. You've got to click and you have to be able to have honest conversations about your business with each other. Above all you need to be able to communicate with each other and there needs to be trust and respect on both sides.   

CELTAR Adviser's insight:

There are many professional business mentors and advisers working with Irish business owners. You can look on Google.ie for "business advisers Dublin" and should find a selection there.

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Business Advisers Ireland - launch of new group on Linkedin

Group rules

 

This group is for professional business advisers, ie people who earn their living by selling business and management advice.

Members should have at least 5 years business advisory experience advising SMEs, SMEs are their target market (also startups and microbusinesses).

 

Typical members are
business consultants
business mentors, (who are paid for their time, not peer to peer mentors )
business counsellors

 

Members of the IMCA and other professional bodies are welcome to join this informal group

 

No spam please

 

Contributions we hope will be relevant to the aims of the group
- sharing of knowledge & experience
- sharing of issues relevant to the career of a professional business adviser
- sharing of opportunities, eg tenders
- collaboration on assignments
- collaboration on activities promoting value of quality business advice, eg. guerrilla mentoring & speaking at events
- sharing of research on entrepreneurship etc.
- communication if appropriate with government departments and agencies regarding support for entrepreneurs and other business owners
- communication if appropriate with government departments regarding quality of business support & business advice

 

BAI Group rules 1.0  

14-10-14

CELTAR Adviser's insight:

Time  for business advisers in Ireland to communicate better, together.

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Another Irish tech Irish start-up bootcamp @dublinbic

Another Irish tech Irish start-up bootcamp @dublinbic | Doing business in Ireland | Scoop.it
Twenty Irish tech firms selected to compete in a two-day event

 

” Silicon Stroll: The Irish start-ups 

Ace Health B-Sm@rk Bankhawk Analytics Bizbase CheckVentory Coindrum Eiratech RoboticsEvercam Evolution Environmental Services FenestraPro HeyStaks Huggity Induction Manager InMusic Lumafit Newswhip Sytorus Solutions TenderScout TruePivot Xintec

 

Thu, Oct 2, 2014, 01:25


 

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Sedicii wins The Irish Times/ITLG Innovative Award

Sedicii wins The Irish Times/ITLG Innovative Award | Doing business in Ireland | Scoop.it

Irish technology start-ups praised for punching above their weight in Silicon Valley by Silicon Valley based Irish technology leadership group.

That was the message from Wednesday’s Irish Technology Leadership Group (ITLG) event honouring 50 of the most influential Irish and Irish-American people in Silicon Valley.

“There’s a very real sense that Ireland is at a tipping point and is punching way above its weight in technology,” said Belkin chief marketing officer Kieran Hannon, who has been in the USA for 29 years.

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2014 Irish Exporters Association Awards open for nomination | nominate yourself!

2014 Irish Exporters Association Awards open for nomination | nominate yourself! | Doing business in Ireland | Scoop.it
Enterprise Ireland is one of the sponsors of the 2014 Irish Exporters Association Export Industry Awards, which is now open for nominations.
There are 11 categories covering different sectors and a range of stages of development and size of company.  One example is for early stage Irish companies that have surpassed export expectations over the last two years.
It is open to Irish companies in any sector who export goods or services developed in Ireland, who have been in business for at least two years, and be between 1 and 3 years in to their export journey, and be able to demonstrate a clear export strategy. Judges will consider both Product Innovation and Disruptive Innovation. Check out the full details of the awards and the criteria here:
http://www.irishexporters.ie/x/Events%20/2014/Awards%202014/Export_Industry_Awards_2014_Brochure.pdf
Closing date is 5th November
CELTAR Adviser's insight:

And you don't have to be an Enterprise Ireland client..

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Irish craft beer market on course for sales of more than €15m

Irish craft beer market on course for sales of more than €15m | Doing business in Ireland | Scoop.it
Booming sector has almost tripled in size since 2011 as customers seek more choice (RT @JHarkin: Irish craft beer market on course for sales of more than €15m http://t.co/mTlQ1CyFKH via @IrishTimes...
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Fingal Enterprise Week 2014 - Local Enterprise Office - Fingal

Fingal Enterprise Week 2014 - Local Enterprise Office - Fingal | Doing business in Ireland | Scoop.it
Fingal Enterprise Week 2014 is taking place from 6th until 10th October. Whether you are starting a small business or running an already established one there is an event for you. Be part of it!
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Have you booked your place for Meet the Buyer from IntertradeIreland, 12 November Dublin

Meet the Buyer

Following on from the success of our 2013 Meet the Buyer events, InterTradeIreland with its partner organisations is pleased to announce that we are holding two more Meet the Buyer events this year.

Meet the Buyer Belfast - Wednesday 22nd October - Ramada Hotel, Belfast
Meet the Buyer Dublin - Wednesday 12th November - Citywest Hotel, Dublin

REGISTER NOW!

Overview

The Meet the Buyer events provide SMEs with an overview of the all-island public procurement market and the opportunities available.

Throughout each event programme, there are a number of opportunities to meet with public sector buyers from across the island at the 'Buyer Stands'. There are also representatives from the key business agencies across the island who can advise you on current funding opportunities and business supports available.

Parallel session workshops are held throughout the day showcasing the procurement market process as well as trends, tips and techniques to take away.

 
CELTAR Adviser's insight:

I have booked my place, tell me if you would like to meet up there.

Billy

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New €250k fund will support Irish agri-business start-ups

New €250k fund will support Irish agri-business start-ups | Doing business in Ireland | Scoop.it

 Competitive Feasibility Fund from Irish state company Enterprise Ireland will help entrepreneurs investigate the viability of business ideas.

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Round Ireland swim inspired 'unsinkable' Donegal boat, Atlantic Composites Rib - Independent.ie

Round Ireland swim inspired 'unsinkable' Donegal boat, Atlantic Composites Rib - Independent.ie | Doing business in Ireland | Scoop.it
Mechanical engineering fitter Timmy Boyle was involved in the 2006 Round Ireland Swim and it was during this endurance swim that he realised that there was a huge gap in the market for
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New website & online store for Dublin based co. SPL PRO - best sound & lighting

New website & online store for Dublin based co. SPL PRO - best sound & lighting | Doing business in Ireland | Scoop.it

 

Showroom Located in Ballymount, Dublin, Ireland.

We provide professional audio and lighting for musicians, bands and DJs. With a wide range of products in stock, contact us today for all your needs.

 

Delivery Information

Republic of Ireland orders are shipped within 48 hours Monday - Friday 8am-5pm.

 

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Five Disaster Planning Steps for Small Businesses

Five Disaster Planning Steps for Small Businesses | Doing business in Ireland | Scoop.it
25% of small to midsize businesses that close temporarily due to a natural or other disaster ultimately never open their doors again.

Via TechinBiz
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US: Tax changes will make Ireland more attractive for Foreign Direct Investment - BreakingNews.ie

US: Tax changes will make Ireland more attractive for Foreign Direct Investment - BreakingNews.ie | Doing business in Ireland | Scoop.it
The American Chamber of Commerce has welcomed the Government's announcement on Corporate Tax and Income Tax in Budget 2015.
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Kauffman Founders School || Motivation for Entrepreneurs

Kauffman Founders School || Motivation for Entrepreneurs | Doing business in Ireland | Scoop.it
Entrepreneurs choose an entrepreneurial path in order to achieve certain goals, all of which are compelling reasons to keep “bicycling in to the headwind”, solving important problems in innovative ways.
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Taking Care of Business - Guerrilla Mentoring for free, Dublin Castle 16 Oct. 2014

Taking Care of Business - Guerrilla Mentoring for free,  Dublin Castle 16 Oct. 2014 | Doing business in Ireland | Scoop.it

What about hacking the http://t.co/cnX3sl4lY0 with free guerrilla mentoring? Dublin Castle Thurs16 Oct | DM to book  @billylinehan #startupireland

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An Unexpected Capital for the Internet of Things

An Unexpected Capital for the Internet of Things | Doing business in Ireland | Scoop.it
A wired city full of sensors looks like the future for all of us, for better or worse. Dublin is trying it out on a grand scale.

 

Smart cities are the talk of all towns these days. Whether defined by ubiquitous sensors, high-speed Internet or smart transportation, every city from Seoul to Helsinki is teching up and boasting about it.


 

Now Dublin, from way behind, is angling to jump to the head of the pack. (See: "How the 'Internet of Things' May Change the World")
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Motorcheck.ie is Dublin Fingal Enterprise Award winner - Businessandleadership.com

Motorcheck.ie is Dublin Fingal Enterprise Award winner - Businessandleadership.com | Doing business in Ireland | Scoop.it
An online supplier of automotive data to consumers and motor related industries called Motorcheck.ie is the overall winner of the 2014 Fingal Enterprise Award.
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New Tech Startup Commissioner talks to the Indo

New Tech Startup Commissioner talks to the Indo | Doing business in Ireland | Scoop.it
Yesterday, Dublin's new 'Commissioner For Startups' started a two-year term. So just what does the role, which is mostly funded by Dublin City University's Ryan Academy, mean? I caught
CELTAR Adviser's insight:

Welcome to Niamh Bushnell in her new role as commissioner for tech startups in Dublin.

There is little description of what she will do for the next 2 years in this short interview - I hope to hear her next week in an event at the Digital Hub.

Funded job via the Ryan Academy (funded by Declan Ryan?) , based in Dublin City Council's Wood Quay complex, supported by Enterprise Ireland and Dublin Chamber of Commerce - there are several stakeholders for her to keep happy.

The role arose from the Activing Dublin Tech Startup Report, and the Startup Dublin conference of 2013.

 

 

 

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Why Your 2015 Strategic Plan Will Fail

The reasons why otherwise well-written plans fail in execution are unfailingly the same--irrespective of the size or nature of the business or the industry it's in.
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Urgent: National Startup Survey Of Irish StartUps Needs Your Input!

Urgent: National Startup Survey Of Irish StartUps Needs Your Input! | Doing business in Ireland | Scoop.it
Hi There,

Startup Ireland (Ireland’s representative body for the startup sector) is carrying out Ireland’s first national survey of startup activity in collaboration with Amarach Research.

To help provide the first complete picture of Ireland’s startup sector please complete the relevant form below:

- For startups/those considering a startup - https://www.research.net/s/IrishStartUpSurvey

- For incubator/accelerator managers - https://www.research.net/s/StartUpIsland

Your input in this survey is extremely important and we appreciate the time you take to complete this before our deadline this coming Friday.

Kind Regards,

The Startup Ireland Team

PS we would also ask you to tweet, share and email this to other startups that you know to help get the best data possible to push our community forward.

TweetShareShare+1ForwardCopyright © 2014 Startup Ireland, All rights reserved. 

CELTAR Adviser's insight:

StartUp Ireland is an initiative for TECH companies primarily.

But other companies from other sectors are not excluded from the survey. And of course all businesses are tech enabled.

Non-tech businesses make up the majority of startups in Ireland, and will make the greater contribution to employment. 

In the US 70% of high potential startups come from non-tech sectors (Kaufmann Foundation)..

 

 

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World-beating online print store @LoveandRobotsHQ brings design home #3Dprinting

World-beating online print store @LoveandRobotsHQ brings design home #3Dprinting | Doing business in Ireland | Scoop.it
MANY talk about 3D printing as a technology ‘of the future’. But three Irish sisters are making it a reality for everyday online shopping.

 

Together with co-founder Miguel Alonso, the O’Dalys created FabAllThings, now rebranded as LoveAndRobots.com. The service is an online shop that allows ordinary people to pick out everyday items such as clocks or smartphone cases. But, in a twist, they can choose to either order the fully made product via the post or simply to download the ‘3D design’. If the latter, they can simply send it to their nearest 3D printing shop (and there is a growing number of them about) to expedite the whole thing. It’s a novel idea, but is it working? - See more at: http://www.independent.ie/business/technology/worldbeating-online-print-store-is-a-sister-act-in-3d-30613525.html?__scoop_post=727bfc90-4478-11e4-cac3-001018304b75&__scoop_topic=546124#__scoop_post=727bfc90-4478-11e4-cac3-001018304b75&__scoop_topic=546124

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