A message from our Chairman, Ken Nelson
 
InterTradeIreland Chairman, Ken Nelson
InterTradeIreland Chairman, Ken Nelson

 

2017 has been a year of significant change generally and indeed also for InterTradeIreland.

We experienced a huge loss to our team with the death of Paddy Savage, our esteemed friend and colleague, who had been with the Body since its inception. The outpouring of emotion and reflection following Paddy’s passing from friends and colleagues has been immense.

 

People who hadn't seen him for a number of years have been as touched and shaken as his closest friends, and that probably tells you everything you need to know about Paddy - a unique man who made an impact on everyone and gave so much more than he took. On behalf of everyone at ITI, I would like to extend my sincerest condolences to his family and friends.


A change in staffing also occurred in the organisation. We acknowledge the contribution of Thomas Hunter McGowan to ITI, who resigned as Chief Executive – we wish him well in his new role. We also added a number of new staff to various programmes, and I am confident that they will make a major contribution to ITI in the years ahead.

During the year three highly respected board members – Joanne Spain, Rosemary Delaney and Professor Terri Scott – finished their terms on the ITI board. Their commitment and support for ITI’s work has been immense. We are indebted to them.

We have achieved a number of notable successes during the year including the launch of the Brexit Advisory Service to SMEs in Belfast and Dublin. A further highlight in September was the official launch of the Co-Innovate Programme, which is helping SMEs learn about the benefits of innovation, identify opportunities for growth in their business and create a vision to make it happen.

As an organisation, our mission is to drive competitiveness, jobs and growth by improving connectivity between businesses and vital resource providers on a cross-border basis through the twin pillars of innovation and trade.

In my first year as Chair, it has been my privilege to witness excellent strategies being applied to research and policy development across ITI. A key priority for ITI in 2018 will be to prioritise those areas of research which will be critical to businesses in a future post-Brexit world. This will require effective engagement with all our stakeholders – and we look forward to the emerging partnership opportunities.

On behalf of the InterTradeIreland team, I wish you and your families a happy Christmas and a prosperous New Year.

How prepared are you for Brexit?
 
Packed house at Brexit event
Packed house at Brexit event

It’s not often that at the start of a conference it is standing room only. Such was the level of interest at the “Navigating Brexit” event in Dublin on December 5th that some of the 500 attendees had to wait at the back before they were seated. 


The hunger for information was clear too in the level of interaction at the Croke park event. Asked at the beginning of the conference how many companies felt prepared to plan for Brexit, 30% responded with a yes. By the end of the day that number had jumped to 88%.

 

The personal experiences shared by local business people helped many delegates put into context the challenges and opportunities posed by Brexit. There were also a series of break-out sessions on tough but timely topics like tax and customs.


One of the highlights was Vincent Power from A&L Goodbody, who included in his speech a simple step-by-step guide on what businesses had to be aware of around Brexit.

 

If you feel that your business would benefit from a Brexit plan, contact a member of our Brexit Advisory team


 

 

2018 Funding Workshops announced
 

InterTradeIreland has just announced its 2018 funding workshops as part of its Funding Advisory Service for Established Businesses.

 

Grainne Lennon, operations manager for InterTradeIreland, says “There will be an overview of the types of funding available and practical lessons in securing funding as we aim to empower local established companies to achieve their business ambitions. In order to support this goal, we have also developed a new Business Planning Tool.“

 

The FREE REGIONAL workshops, are jointly run by InterTradeIreland and their delivery partner, Grant Thornton. The first one is in Belfast on January 16th with further planned across the Island.They are aimed at businesses with a turnover in excess of £100,000 which have been trading for at least 18 months.


Phion Therapeutics scoops €100,000 and title of Overall Winner at 2017 Seedcorn Competition
 
2017 Seedcorn Winners
2017 Seedcorn Winners


Belfast based Phion Therapeutics has been crowned Overall Winner of this year’s Seedcorn Competition, winning a cash prize of €100,000.

 

The other main winner was Cerebreon Technologies from Donegal, which was named Best New Start Company, winning a cash prize of €50,000. The winners were announced at the grand final of the competition in Dublin.

 


Remembering our dear friend and colleague Paddy Savage
 
Our dear friend and colleague Paddy Savage
Our dear friend and colleague Paddy Savage

Not many may know of the origins of InterTradeIreland, however, many who read this and indeed engage with the organisation know of its people. And none more so than Paddy Savage, Trade Manager.   It was with profound sorrow that we learned of the sudden passing of our colleague and friend on December 2nd 2017.

 

Paddy epitomised the core values of our organisation; to develop relationships, build bridges and encourage all island business to flourish. He will be remembered to many as the face of InterTradeIreland and indeed was known the length and breadth of the island through his attendance at numerous workshops, meetings and conferences. A natural presenter, Paddy was at ease amongst the business community, with a background in the IDB in Belfast, InterTradeIreland was the perfect setting for him to continue his career in economic development.


He led the Trade team in InterTradeIreland from its inception and his ability to work with wit, humour and good natured charm ensured that he forged a legacy of building relationships both business and personal that will withstand for years to come.


Outside of work Paddy had many interests, none more so than his love of his dogs, Dún who was his faithful companion for over 15 years and Jessie. His love of the outdoors and in particular, Dingle and the Kerry peninsula meant that he was happiest when on the beach with the pups on summer and Christmas breaks.


The other great interest and indeed love outside of InterTradeIreland was Paddy’s avid and most knowledgeable dedication to Gaelic football. As a player in his youth, a Coach to the Minors and his position as Ballyholland GAC Secretary for over 20 years is testimony to this. His sporting interest and general knowledge meant that he was a force to reckon with at Pub Quiz’s and indeed he was the InterTradeIreland Quiz Master for many years at our Annual Christmas get together.


It is by InterTradeIreland staff, past and present, that he will be most missed, especially within his team. Paddy provided a network of contacts and knowledge of AA route finder that was to be revered. Yet, most importantly, he provided a friendship to all who met him and an openness to engage. He was the person you could ask if you needed a favour and he would always oblige. His good nature and insight meant that all who met him remembered him and indeed his phone was always one of the busiest with calls.


In a world of ever changing business environments, Paddy’s legacy demonstrates that ultimately it is people and the ability to engage, irrespective of views or purpose that ensures success. It has been a privilege to have worked with him and learnt from him and all at InterTradeIreland are proud to have called him our friend.

Go-2-Tender Workshops Dundalk 30th Jan and 13th Feb 2018
6 Dec 2017
Funding Advisory Workshops Belfast 16th Jan and Dublin 7th Feb 2018
Selling to Government - Breakfast Briefing IBEC Dublin 31 Jan 2018

InterTradeIreland is pleased to announce dates for our 2017 monthly regional clinics aimed at helping companies seeking equity investment.

The clinics will be delivered by our venture professional, Drew O’Sullivan.  Drew will be available to meet with companies to advise independently on their fund raising activities including business plan review, investment pitch practice and signposting to investors across the island.  This service is provided free of charge with pre screening under taken in advance to ensure companies using the service meet the minimum criteria.

To be eligible for this service the company must have a minimum new equity funding requirement of €100,000.  We will also ask you to forward one of the following documents to us in advance:

  •     Business Plan (preferred submission)
  •     Executive summary/Investment Memorandum (we can provide you with a pro forma to complete in advance) or
  •     Investment pitch slide deck

Register here: http://www.intertradeireland.com/events/intertradeireland-monthly-regional-equity-advisory-clinic-belfast-14th-december

12 Days of Christmas Safety
 

With just two weeks to go until Santa arrives, the turkey is roasting in the oven and ‘It’s a Wonderful Life’ is on the television, the National Standards Authority of Ireland (NSAI) has issued some last-minute safety advice for people ahead of the Christmas season.

 

“We know people are busy preparing for the festivities but standards really should be at the forefront of their minds to help ensure a peaceful and happy Christmas for all,” said Pat Bracken, NSAI’s Director of Corporate Services. NSAI’s 12 Days of Christmas Safety tips should help to guide people in this regard,” he added.


 

Day 1: Check the lights on your Christmas tree. Look out for frayed or exposed wires, broken or cracked sockets, or loose connections. It is much safer to replace them altogether rather than repairing them. All fairy lights should be CE Marked.


Day 2: Toys should be CE Marked. Only buy toys and electrical products that contain the CE Mark. The CE mark should be visible on the product itself or on its packaging.


Day 3: Test your smoke alarms and carbon monoxide detectors. Ensure that the CO detector complies with European Standard EN 50291 – look for it on the box. Press the test button on your smoke alarm to ensure that it is working. Both smoke alarms and CO alarms should always be CE Marked.


Day 4: Make sure toys and games are age-appropriate. Pay attention to minimum age warnings. When buying a computer game, check the age cert. VR Headsets are a hot gadget this Christmas but they are not recommended for use by children under 12.


Day 5: Examine toys for sharp edges. When buying a toy, take time to examine it first for rough edges, dangerous or detachable small parts or small holes that could trap little fingers.

Day 6: Get the right gear. If Santa delivers bikes, roller skates or skateboards, make sure those riding them have the right protective gear. A CE Mark is also required for personal protective equipment, such as helmets, knee pads etc.


Day 7: Don’t mix the old with the new. Don’t mix old and new or different strength batteries in the toy. That can make the old or weaker batteries very hot. Always unwind extension cords completely to avoid overheating and don’t overload sockets with adaptors or extension blocks.


Day 8: Take action. If you come across a toy or an electrical item that seems unsafe or doesn’t have a CE Mark, don’t buy it. Instead, contact The Competition and Consumer Protection Commission (CCPC), with details of the item and where you saw it, at www.ccpc.ie, or phone (01) 402 5555.


Day 9: Keep decorations away from fire. Reduce the chances of causing a fire and keep decorations and combustible materials well away from light fittings and other sources of heat such as heaters, fireplaces and candles.


Day 10: Know real from fake. There are a number of indicators that the CE Mark is genuine. Look carefully at the three branches of the letter E. The central one should be shorter. Also, look for the space between the C and the E; it should be quite big.


Day 11: Switch off and plug out. Switch out all Christmas lights last thing at night and when leaving the house to protect against the risk of fire. For extra safety, always switch off and unplug appliances and other items when not in use.


Day 12: Recycle and be safe! Always dispose of (in your recycling if possible) discarded wrapping paper, plastic bags, ribbons, string, plastic tags, used batteries etc. as soon as they’re not needed any more. Make sure younger children don’t play with anything that could cause suffocation.

Disclaimer

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