Monthly Archives: August 2020

Funding and grant opportunities currently open to SMEs

There are many funding programmes for entrepreneurs opening throughout the year, and as the country re-opens there are more grants being offered to help support SMEs during the Covid period. Below are a selection of some the current funds and supports open for applications. Acorns: The accelerator focused on supporting early-stage female entrepreneurs living in rural…

Oracle’s Irish arm returns to profit, acquires $11.4bn in IP rights

Enterprise technology giant Oracle’s main Irish arm bounced back from a near €500 million loss last year as it acquired $11.4 billion in intellectual property rights from another group company by way of a promissory note. Oracle EMEA Limited, which employs more than 1,400 people in Ireland, recorded a €504 million pretax profits for the year ending…

Lockdown opens up opportunities for online Irish start-ups

While Covid-19 has had a devastating impact on the global economy with a long recovery to follow, certain sectors have benefitted from its effects. Not just retail giants such as Amazon but small and scrappy Irish start-ups have experienced growth and even secured funding in these tumultuous times. Lasting memories of lockdown will be grocery-related: queuing for…

BidX1 veteran Hoban’s Offr accepted as he raises €3m of fresh funding

Offr, a property tech startup co-founded by former Savills and Allsop / BidX1 auctioneer Robert Hoban, has raised €3m in funding from Barclays Bank and a group of angel investors and venture capital firms. Offr is the first Irish company to receive a follow-on investment from Barclays through its London accelerator programme. The bank and…