FEATURE ARTICLE
RTE The One O' Clock News
 
Enterprise Ireland's CEO, Julie Sinnamon, talks to RTE News about client companies passing the €20 billion mark for the first time last year, improving competitiveness and building strong positions in the market. View the full clip here

Newstalk: Enterprise Ireland CEO discusses growth markets and broader diversification for Irish companies
 

Julie Sinnamon, CEO of Enterprise Ireland said: “Enterprise Ireland’s role is to help Irish companies export globally. The 2015 export figure of €20.6bn demonstrates the scale of the success that Irish companies are seeing in terms of winning business at record levels internationally." Listen to the full interview here


Download the Enterprise Ireland Export Results
 
Export Performance by Enterprise Ireland Client Companies in 2015: Significant growth was recorded in exports across all sectors and in the majority of export territories according to the official figures published by Enterprise Ireland today. Download the full report here

Exports by Enterprise Ireland companies surpass €20bn for first time
 

Enterprise Ireland Client Company Export Performance in 2015

  • Increase in exports in all sectors - software, construction and manufacturing saw greatest increases
  • Focus on diversification into USA, Europe, and High Growth Markets paying off for Irish companies
  • Enterprise Ireland companies spend €23.7bn in the domestic economy in 2015

Exports by Enterprise Ireland companies surpass €20bn for first time

Enterprise Ireland Client Company Export Performance in 2015

Increase in exports in all sectors - software, construction and manufacturing saw greatest increases

Focus on diversification into USA, Europe, and High Growth Markets paying off for Irish companies

Enterprise Ireland companies spend €23.7bn in the domestic economy in 2015

Enterprise Ireland companies saw an increase of 10% in exports in 2015, compared with 2014, amounting to an all-time high of €20.6bn. The export figure is now almost double what it was 10 years ago (€10.73bn in 2005). 

Enterprise Ireland is the agency responsible for helping Irish companies to export to international markets. 

Significant growth was recorded in exports across all sectors and in the majority of export territories according to the official figures published by Enterprise Ireland today. In particular there were increases of:

  • 32% in exports for internationally traded software companies to €1.8bn
  • 21% in exports for construction and consumer companies to €2.8bn
  • 11% in exports by manufacturing companies to €3.4bn
  • 3% in exports by food companies to €10.6bn

The results also show that exports have increased across most territories with exports to the USA and Canada increasing by 27% to almost €3bn; exports to the UK increasing by 12% to €7.5bn, and exports to Northern Europe increasing by 8% to €4.2bn. 

Julie Sinnamon, CEO of Enterprise Ireland said: “Enterprise Ireland’s role is to help Irish companies export globally. The 2015 export figure of €20.6bn demonstrates the scale of the success that Irish companies are seeing in terms of winning business at record levels internationally. Significantly, growth was recorded across all sectors and we are seeing that diversification into high growth markets is a focus for our clients. 

“The UK remains our largest export market, but we are seeing a trend whereby the exports to the UK as a proportion of our total client exports has declined from 45% in 2005 to 37% in 2015, as more companies have diversified their export strategies into Northern Europe, the USA and high growth markets including China, India, the Gulf and Brazil”.


Read the full Press Release here

Watch the highlights from the launch of the Enterprise Ireland Export Results

Highlights from the Annual Business review launch


INDUSTRY NEWS
Exports by Enterprise Ireland companies passed the €20 billion mark for the first time last year
RTE
 

In its annual business review, Enterprise Ireland said that its companies saw exports increase by 10% last year, bringing them to an all time high of €20.6 billion. It noted a 32% increase in exports of internationally traded software companies to €1.8 billion, while construction and consumer companies reported a 21% increase in exports to total €2.8 billion.


Irish exporters told to keep diversifying in wake of UK referendum uncertainty
Irish Independent
 

With record overseas trade of more than 20 billion euro last year, Enterprise Ireland reported homegrown firms have already felt the effect of uncertainty around the Brexit vote but also stated that diversification of trade into Northern Europe, the US and high-growth markets such as China, India, the Gulf and Brazil was paying off. 


Cork-based biotech firm Metabolomic secures €1.6m in funding
Irish Examiner
 
Cork-based biotechnology company Metabolomic Diagnostics has secured €1.6m in funding to complete the development of its life-saving screening test for pregnant mothers which it hopes to launch next year.
Export opportunities abound in Africa, Irish firms told
Irish Times
 
Speaking at the fifth Africa Ireland Economic Forum in Dublin, Brendan Flood, head of Enterprise Ireland’s international sales and partnering business unit, said the body was currently supporting 460 companies in Africa, but was hoping to increase this to 550 firms within the next two years.
New €60m investment fund for early stage companies
Business & Finance
 

Atlantic Bridge has announced a new €60m investment fund for early stage companies with global potential from all Irish third-level institutions and universities. The fund will provide capital and expertise for scaling companies into the US and Chinese markets and elsewhere and was initiated in a joint leadership collaboration between UCD and Trinity.


DCU-based Shimmer signs research deal with Harvard’s Wyss Institute
Silicon Republic
 
The new research deal will support ongoing research focused on remote patient monitoring using wearable sensing technology. “Partnering with Shimmer Sensing will allow us to further develop our remote patient-monitoring platform called MercuryLive,” said Prof Paolo Bonato, an associate faculty member of the Wyss Institute.
Enterprise Ireland Export Advice column: Russia's bearish economy is open to under-supply solutions
Sunday Independent
 
Irish companies such as Dublin Aerospace, Hi-Spec, Prodieco, Dairymaster and Hermitage Genetics are looking at stable or increased sales in the Russian market for 2016. These companies are similar in that they have a market presence, or make regular ­visits, demonstrating a willingness to listen to Russian partners and consult on solutions as a pathway to sales.
Sportlomo creates 25 jobs in Mayo after angel investment
Irish Times
 
 A Co Mayo-based sports technology firm, Sportlomo, is creating 25 jobs, following a €270,000 angel investment from West by Northwest. The company, which makes software for the administration of amateur sports

 is used by 52 sports organisations to manage player data and league competitions, with almost one million people covered by it.


Obeo: Taking ‘yuck’ factor out of composting
Irish Examiner
 
Obeo is comprised of a cardboard bag within a cardboard box, it’s used in the kitchen for daily food waste, doesn’t leak, tear or smell and when it’s full, goes straight into the brown bin for composting. The company has just raised €350,000 in funding and is already targeting high-end multiples such as Waitrose and Sainsbury’s.
Knowledge Transfer Ireland Impact Awards 2016
Enterprise Ireland
 

Knowledge Transfer Ireland will this week announce the winners of its KTI Impact Awards 2016.  The awards showcase the success in knowledge transfer carried out in Irish Higher Education Institutes and in publicly funded research organisations for the wider benefit of the Irish economy and society at large.


Knowledge Transfer Ireland will this week announce the winners of its KTI Impact Awards 2016.  The awards showcase the success in knowledge transfer carried out in Irish Higher Education Institutes and in publicly funded research organisations for the wider benefit of the Irish economy and society at large.

Across seven categories this year, the awards recognise top performance in industry engagement and commercialisation of research.  They pay tribute to the businesses and research organisations involved in this process of knowledge transfer.  The awards also acknowledge and celebrate the technology transfer offices, industry liaison offices and their staff who make this knowledge transfer happen.

 

Finalists have been shortlisted across the seven categories and include entries from nine higher education institutes across the country in the following categories:

 

1)      Research2Business Collaboration

2)      Consultancy

3)      Licence2Market

4)      Spin-out Company

5)      Mature Spin-out Company

6)      Knowledge Transfer Initiative of the Year

7)      Knowledge Transfer Achiever of the Year

 

For more information on the awards and the finalists please visit here

 

Knowledge Transfer Ireland is the national office that helps business to benefit from access to Irish expertise and technology by making it simple for business to connect and engage with the research base in Ireland.  Knowledge Transfer Ireland is co-funded by Enterprise Ireland and Irish University Association.

 

Winners will be announced at the Knowledge Transfer Ireland Awards Ceremony which takes place on Thursday 23rd June at the Royal Hospital Kilmainham.  For more information, please contact kti@knowledgetransferireland.com

Exports by Enterprise Ireland firms surpass €20bn for the first time
Silicon Republic:
 

Enterprise Ireland companies have reported 10pc increase in exports for 2015, leading to an all-time high of €20.6bn and double the amount of exports in 2005. The export agency reported that internationally traded software companies saw exports rise 32pc to €1.8bn.


Irish start-up produces a selection of sauces and marinades flavoured with Murphy’s Stout
BizPlus
 
Irish start-up,Kitty O’Byrnes, produces a nostalgic selection of sauces and marinades. Founder Debbie Ross says she took inspiration from her childhood in the Midlands, “My main product, Turf Sauce, has a rich dark colour that reminded me of the fuel that kept us warm and which powered my mother’s cooker."
UPCOMING EVENTS
Silicon Valley-Ireland Investment & Innovation Forum

https://www.eventsforce.net/enterpriseireland/1805/register


Fuelling Ambition Roadshow
Exploring Exporting Workshop
Email Newsletter Software by Newsweaver