The European Investment Bank will provide EUR 400 million for investment by SME’s across Ireland through the Strategic Banking Corporation of Ireland launched in Dublin earlier today. The SBCI has been created by the Irish government to improve access to finance by Irish companies and will provide simple access for long-term and low cost loans.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Open Utility secures £500k to create new renewable electricity marketplace
Open Utility, a startup company founded in 2013 whose mission is to create the first renewable electricity marketplace, has secured half a million pounds of funding from the UK Government, the EU and Nominet Trust to deliver its vision. The new service will enable electricity consumers and generators to trade over the internet.
Brain-friendly techniques can transform workplace learning
New research proves that you don’t need to be a neuroscience expert to adopt ‘brain friendly’ approaches to learning and development (L&D) in the workplace.
Michelle Mone sells majority holding of Ultimo to focus on new beauty business
Lingerie boss Michelle Mone has struck a deal to sell the Ultimo underwear company that made her famous to her Sri Lankan business partners.
Bank of England introduces tough rules on bank safety nets
Leverage ratio means big banks may have to have almost £1 for every £20 lent by 2019
Cancer-beating company named Britain’s best small business of 2014
The co-founder of a company that tests buildings for radon gas which causes more than 1,000 UK deaths a year from lung cancer has been crowned champion of entrepreneurial competition The Pitch 2014.
The biggest sales opportunity for small business in 2015
The government has set a target of buying 25% of all its products and services – across central and local government – from small businesses by May 2015.
Small, medium and large firms focus corporate citizenship on social mobility
Finalists for the Santander Corporate Citizenship Award recently came together to debate the business case for social impact at a roundtable chaired by Allister Heath, Deputy Editor of The Telegraph.
The Phonebox Millionaire Becomes Patron of Homeless Charity Emmaus
Dr Stephen Fear, English entrepreneur, businessman, British Library’s Entrepreneur in Residence and often referred to as “The Phonebox Millionaire”, has become a patron of the homeless charity Emmaus, to help drive revenue through developing commercial interests, it was announced today.
Sir Philip Green’s £3.8BN tops ‘Rags to Rich’ list proving anyone can do it
THE list, designed to inspire the UKs budding entrepreneurs, is made up of self-made millionaires such as Sir Philip Green, Sports Direct mogul Mike Ashley and Virgin billionaire Sir Richard Branson.
Entrepreneur Of The Year put prison behind her thanks to Prince Charles
A woman whose business and entrepreneurial life has flourished since serving time has been named Entrepreneur of the Year at this year’s Precious Awards, which celebrate the Success Stories of British Women of Colour.
Victoria Beckham tops list of Britain’s top 100 entrepreneurs
Victoria Beckham has been named the UK’s most successful entrepreneur of 2014, based on strong sales, the number of jobs she has created, and her estimated wealth overall.
Women twice as likely to feel isolated when starting their own business
Women are twice as likely to feel isolated when starting their own business, finds national research from Entrepreneurial Spark
Formula 1 must change “unsustainable” business model
Formula 1 must change its “unsustainable” business model or risk damaging the sport, says Dr Paola Aversa, a foremost researcher in Formula 1 at London’s Cass Business School.
Businesses condemn funding support
Exactly half of the UK’s businesses believe that the level of funding support that’s currently available is inadequate, according to new research conducted by independent commercial finance broker, Hilton-Baird Financial Solutions.
















