News
Londonderry company is celebrating after landing a €2m contract
6 January 11
Hunter Apparel Solutions in Springtown, one of InterTradeIreland's Business Amabassadors, has landed a €2m (£1.7m)contract to supply waterproof jackets, shorts and trousers to 6,000 An Post staff. The company was established in 1936 and now has 40 staff.
InterTradeIreland publishes energy management report
6 January 11
InterTradeIreland today published its report on the energy management sector. This report considers energy management and energy efficiency services a new sector that involves businesses involved in measuring and managing resource efficiency through a combination of ICT hardware (e.g. sensor technologies) and software, as well as consultancy and efficiency advice activities.
VAT rises from 17.5% to 20%
4 January 11
The standard rate of VAT has risen from 17.5% to 20% as the government looks to boost tax revenues to cut the UK's debt levels.
Supply and demand issues to the fore in access to finance
21 December 10
InterTradeIreland Survey - Survey points to a two-tiered economic recovery with large manufacturing and exporting companies faring significantly better than small non-exporting businesses - Demand for new credit remains low among businesses with only 16% seeking new credit in the past six months - Business perception of the supply of finance is negative with only half believing they would be successful in any application
Minister O'Keeffe announces €17m fund for innovative new firms
16 December 10
The Minister for Enterprise, Trade and Innovation, Batt O'Keeffe TD, today [Monday] launched a new €17 million fund for innovative new firms to create high-quality jobs. The Bank of Ireland start-up and emerging sectors equity fund will help entrepreneurs to turn ideas into new products and services for export markets. The fund will be managed by Delta Partners on behalf of Bank of Ireland and the Government's job creation agency, Enterprise Ireland.
Innovation Fund Ireland investment in Polaris welcomed
16 December 10
The Taoiseach said “I would like to welcome Polaris to Ireland. I am delighted that they are locating their new Dogpatch Labs Europe facility in Dublin. This is an exciting initiative for Ireland, and important to our ambitions for growth and jobs.”
Louth company Suretank Ltd secures €900,000 contract in Brazil
6 December 10
Suretank Ltd, of Dunleer, Co Louth, has recently announced that it has won a contract valued at €900,000 to supply its CCUs (Cargo Carrying Units) to IWES, a leading international supplier of tanks and containers to the oil and gas exploration industry.
€150,000 prize fund awarded to winning companies
25 November 10
Barracuda FX has been named as the Best High Growth Company at InterTradeIreland’s 8th annual All-island Seedcorn Business Competition, the largest business competition on the island which took place in Belfast on 24th November. Dublin-based Barracuda FX has won the overall prize of €100,000 and Epona Biotech Ltd. triumphed as the Best Emerging Company on the island, taking home a cash prize of €50,000.
Local businesses achieve “take-off” through seedcorn business competition
25 November 10
Northern Ireland Company recognised as the best overall “spin-out” in the largest business competition on the island
Cross border speed networking event
22 November 10
On the 16 November, around 70 participants representing over 60 companies from the Newry Dundalk region attended a Cross-Border Speed Networking Event hosted by Newry Chamber of Commerce & Trade, Dundalk Chamber of Commerce and sponsored by InterTradeIreland in the Carrickdale Hotel.