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Up to £4,500/€5000 funding available to help SMEs prepare for Brexit
 
 

With uncertainty still around Brexit, it's still not too late for you to make preparations for Brexit.  As part of our Brexit Advisory Service, businesses involved in cross-border trade can now benefit from further funding from InterTradeIreland.

 


 

 

 

 

 

 

 
 
 
MORE NEWS
 
New online-learning 'customs' and 'people' modules for Brexit preparations
 

We have just launched our FREE, on-line learning tool for SMEs.It is packed with practical advice and useful check-lists that you can follow to ensure that your business is prepared for Brexit.  Currently this includes modules to help you understand customs requirements, in terms of moving goods and services cross-border and information on the impact of Brexit on employers and employees.  

InterTradeIreland's on-line learning tool: Brexit and Beyond

 


 
 
Access to finance improving on the island
 
 
Steve Collins, Frontline Ventures
Steve Collins, Frontline Ventures

That was the message from our annual Venture Capital Conference held in Croke Park Dublin last week which attracted around 400 delegates making it the largest conference to date. Keynote speaker Steve Collins from Frontline Ventures was just one of a myriad of interesting speakers and panel discussions that took place on the day.

 

 


 
 
BLOG - Are public tenders a waste of time?
An article by Ross McCarthy from Keystone procurement
 
 

Busy business owners prioritise what they focus on and where they place their efforts to drive their business forward. Public and private tenders can be time-consuming. It can be difficult to decide if it is worth a company’s time to develop a bid response for competitive tenders. Here Ross explores this further and provides some great insights.


 
 
How InterTradeIreland helped Mooney Boats through innovation and sales support.
 
 
Mooney Boats, Donegal
Mooney Boats, Donegal

Most SMEs would love to have business booked out until 2020.  Mooney Boats in Donegal is in that position, and it’s all down to hard-work, innovative thinking and maximizing all the opportunities available- this and a little help from InterTradeIreland!


Read their story

Mooney Boats was founded in 1980 and now the firm is the largest ship building and restoration company in the North West of Ireland. You probably know at least one or two of the vessels they’ve worked on, including the Celtic Voyager and the Doolin and Rathlin Ferries.

Initially the company started with just four member of staff and now employs sixty people, which makes it a crucial part of its local community in Killybegs. Throughout it’s nearly 40 year history one of its stand-out points has been the company’s ability to diversity. In fact it also has an on-line store, which is unusual for a ship building company. Another words, this is a company that sees opportunity everywhere.

Kieran O’Leary from the company says “We are always on the lookout to add the latest skills to the company and our workforce, we recently embarked on InterTradeIreland’s FUSION project to integrate 3D CAD design and more management skills into the company. We also run apprenticeship programs in Metal Fabrication, Electrical and M.A.M.F (Mechanical Automation and Maintenance Fitting) where we have 10 apprentices onboard. Full time staff also complete various pieces of training throughout the year keeping their qualifications up to date.”

One particular turning point for the business was building the MFV Patrick C in 2014 – the first 24m fishing vessel that the company had completed in house. Taking on that challenge means that now, they have a new build of a similar size every year.

Mooney Boats is also not afraid to set strategic goals. Kieran says “It’s been one of our aims to gain more custom in the UK. It’s a very competitive market. We applied to InterTradeIreland’s Acumen programme and what that gave us, was time to focus on that market, as with Acumen’s support we hired a sales person. As a result we landed two large contracts and now have a footprint in that market.”

It's clear, that this is a company in ship-shape.

 

For more information on InterTradeIreland's supports visit www.intertradeireland.com

 

 
 
 
ALSO INTERESTED
 
FutureScope 2019 - Discounted tickets available!
 
 

FutureScope is Ireland’s number one innovation event and the only conference dedicated to exploring new business opportunities arising from emerging technologies such as AI, data analytics, AR/VR, IoT, robotics and 5G. It’s taking place on 28th March in the Convention Centre. 

We have a number of discounted tickets available.  First come, first served so register now!


 
 
Interested in improving your sales performance? Then this is for you.
 
 

Come along to our FREE innovation seminar and workshop on 27th March in DCU Ryan Academy, Glasnevin and hear from Donal Brady. Donal has over 25 years’ experience in sales development, sales management and sales process design.


 
 
 
AND FINALLY...
 
Eight Social Media Trends to watch this year
An article from www.cleareurope.eu
 
 

2019 is proving to be a crucial year for social media. This article explores some of the trends that will shape the social media landscape in 2019- grab a coffee and take a look.


 
 
GDPR Statement
 

InterTradeIreland has policies in place in line with changes to the General Data Protection Regulation (GDPR) Legislation which came into effect in mid-May 2018. To ensure you stay up-to-date with latest news, events, programmes and business supports across the island you must give us your consent to contact you in this way. If you no longer wish to receive this communication please unsubscribe from this email via the tab at the bottom of the newsletter.


 
 
 
Upcoming Events
 
14th March, Ballina, Go-2-Tender Workshop
 
 
 
21st March, Bangor, Funding Advisory Workshop
 
 
 
27th March, Cork, Living the Experience of Raising Venture Capital
 
 
 
27th March, Belfast, Tendering in the Public Sector Construction Market
 
 
 
 
InterTradeIreland's New Brexit Manager
 
 

Deirdre Maguire has extensive experience working with businesses. Deirdre who is a Bachelor of Financial Services, previously worked with Ulster Bank in both Retail and in Business Banking for over 20 years and in a range of positions.


She has a keen sense of what businesses need.

 

"I'm really pleased to be helping SMEs. Over 85% of businesses that have used the InterTradeIreland "Start to Plan" voucher say they are better equipped to manage the potential impact of Brexit as a result."

 

"We have FREE support worth £2k/€2250 currently available to help eligible SMEs."

 

You can apply for a Brexit voucher here.

 

 

 

 

 
 
Are you up for the Challenge - CDE Enviro from Cookstown are!
 
 

SMEs across the island are being encouraged to follow the example set by Cookstown-based CDEnviro to complete InterTradeIreland's six-month Challenge Programme and transform their approach to innovation. Just six months after completing the programme in March 2018, CDEnviro has created a new strategic innovation department and has a pipeline of 46 viable business concepts.  


About the company

 

CDEnviro delivers integrated solutions for clients’ waste in terms of landfill diversion, wastewater recycling, environmental remediation and the generation of energy from waste.  Just six months after completing the programme in March 2018, CDEnviro has created a new strategic innovation department and has a pipeline of 46 viable business concepts.   The company has plans to undertake its largest ever research and development (R&D) project to create pioneering solutions for companies affected by changing landfill waste classifications.  CDEnviro intends to bring its solution to market in 2019.  

 

Their experience of Challenge

 

Sean Dobbs, strategic innovation lead for CDEnviro, outlines the benefits of participating in the InterTradeIreland Challenge Programme:

“We have always been an ambitious company.  CDEnviro has a long track record of creating unique, innovative solutions, reflected by our multiple patents.  We believe zero waste is achievable. However, to get there we as an industry must take on and find a solution to the seemingly unsolvable issues, something we are proud to say we have a strong track record of.  We do this by working with our most valued asset, our customers, who typically bring us their biggest needs and go on to partner with us to co-develop solutions, to yield truly world class results.  We have been looking at new sectors and niche markets since 2015. However, given the higher level of risk we knew that while we had the ideas and skills to disrupt these industries and bring solutions, we didn’t feel that our process to vet ideas was as reliable as it could be. The Challenge Programme helped us to integrate our skills and creativity across the business and really structure this validation process that has proven crucial to unlocking these higher risk opportunities.

 

The senior management team immediately saw the benefits of participation in the Challenge Programme and the program has embed key skills at the core of the business.” 

InterTradeIreland’s Challenge Programme is aimed at ambitious SMEs and allows business leaders to transform their company’s prospects in just nine months by learning and applying the most effective methods of generating, marketing and launching new products and services. 

 

InterTradeIreland support

 

Alan Morrow, InterTradeIreland Challenge Programme manager, explains:

“Challenge companies experience a transformative change in innovation culture, management capability and performance as the programme is focused on embedding best practice in innovation management at the core of participating businesses.

“Only 25 companies are taken through Challenge each year and interested, innovative firms are welcome to register their interest for our upcoming briefing session in November 2018. Following application and acceptance onto the programme, participating firms attend workshops to clearly define their innovation priorities and receive intensive in-house coaching support to progress these into new products. There are no costs for SMEs to take part and the benefits that can be reaped are immense. 

 

“Challenge leaves SMEs with a proven, adaptable and repeatable innovation process that allows them to commercialise ideas quickly with less cost and reduced risk, enabling a reboot of current processes, ultimately generating a growth pipeline.

“We are delighted that CDEnviro has truly seized the Challenge ethos by proactively making changes that have led to the creation of new roles and processes thus enriching innovation across the business. Undertaking their largest ever R&D project is testament to their growth ambitions and impact that the Challenge Programme wields.”

 

CDEnviro and the future

Discussing the future for CDEnviro Mr Dobbs says: “The support from InterTradeIreland was excellent. We have an ever growing pipeline of ideas and concepts, which currently sits at almost 50.   To be able to quickly and efficiently research and either validate or discredit any and all opportunities, and having confidence that we are solving the biggest problems first is an exciting prospect for the entire team and a very strong capability to have.  

“We are opening up new markets for the business thanks to our major new R&D project. By researching and reviewing forthcoming changes to legislation, in terms of the classification of materials as waste, we found that many currently don’t have a treatment solution because certain materials haven’t previously been classified as waste. We have been able to create an innovative process to manage and treat waste within these new categories, resulting in this material being diverted from landfill, which is something we are very proud of. 

 

“These changes will have a significant impact on businesses across many sectors and as industry pioneers we aim to be first to market with our technology. This R&D project marks a multi-million-pound investment for the business, which we are hopeful of securing a level of funding to support.  We are looking forward to having the first part of our solution in market in early 2019 and are excited about the growth this project will provide the business and the significant boost in  employment for the local economy, that comes with a project of this scale.”

 

How to get involved in Challenge

InterTradeIreland’s Challenge Programme is open to the senior management teams of financially viable companies with between 10 and 250 employees which are currently exporting or considering exporting and who are serious about growth through innovation. Find out more at www.intertradeireland.com/innovation/challenge 

 

Mr Dobbs concludes: “As well as positive impacts right across CDEnviro, I personally found the Challenge Programme very beneficial. The InterTradeIreland team has been a great support and they don’t just provide training and leave; they are happy to go above and beyond, maintaining the relationship with individuals and companies with whom they work. 

 

“I would recommend that other business leaders should consider the Challenge Programme to increase innovation outputs. CDEnviro is always evolving, and the Challenge Programme has helped us to continue to do so.”

 
 
H2020 Collaborative Projects- the benefits to one local NI SME
 
 

'Collaborative Projects like those funded by Horizon 2020 can be hugely beneficial to SMEs not just because of the funding and support but also because of the network you join' Austin Tanney, Analytics Engines, Belfast (MIDAS H2020 project)


 
 
MedTech syndicate leads €1.1M investment in Ostoform
Ostoform to bring its patented technology for stoma patients to market in Europe and the US
 
 

 

 

 
 
How a simple blood test for men, could save a life
From Health News Ireland
 
 

InterTradeIreland is helping to facilitate cross-border cancer research. You can read Eddie's story to find out about clinical trials available to patients.


 
 
Ken Nelson receives his MBE
 
 

Congratulations to InterTradeIreland's Chairman Ken Nelson who received his MBE from Prince Charles in a ceremony in Buckingham Palace.


 
 
See you in September
 

There will be no ezine next month. Enjoy August, and see you in the autumn.


 
 
Get the Shifts- Tinder for the hospitality business
From RTE news
 
 

Get The Shifts is  based in Shannon, Co. Clare. A participant on InterTradeIreland's Elevate Programme, the business is now planning to recruit 700  staff across the island.


 
 
Tell us about a turning point in your business?
SME in the spotlight
 
 

Colm Gribben remembers very clearly his first project in the Republic of Ireland. His company Viltra, based in Newry Co. Down, was tasked with solving the waste water problems for the new visitor centre at Fanad lighthouse in Donegal. It turned out to be a crucial juncture for the business.


Colm Gribben remembers very clearly his first project in the Republic of Ireland. His company Viltra, based in Newry, was tasked with solving the waste water problems for the new visitor centre at Fanad lighthouse in Donegal. It turned out to be a crucial juncture for the business.

 

“It really is an iconic site, when you step off the plane at Dublin airport, you see the picture of that lighthouse. What you don’t realise it that all the landscape around it, means you have to be very creative when it comes to wastewater management. We designed and installed a bespoke system. All our skills came in. That’s when we got the reputation as real problem solvers across Ireland” says Colm.

 

A Crucial Decision

Viltra has been in business for 13 years. Their clients in Northern Ireland now include the National Trust. However, at one point, it was touch and go. The property crash had a big impact on the business. “We were in survival mode. I realised that if we were going to keep going I had to look elsewhere. We looked at new technology and new markets. I vowed that we would never be reliant on one market again. Diversifying was key for us” says Colm.

 

Funding up to 50% for a sales person

Colm applied to InterTradeIreland’s sales and marketing programme, Acumen. Under the programme his company was eligible to get 50% funding towards the salary of a sales person to grow his business cross-border.  “Having a guy out on the road for us in the South, made a huge difference. He built a database of architects and engineers, he was knocking doors and then one day, we got an enquiry about Fanad lighthouse. Now 25 to 30% of our turnover comes from Ireland and I’m confident it will grow” adds Colm.

 

“If you have the chance to do the Acumen programme, what’s stopping you? Right from the beginning, when you first start to talk to someone about Acumen, you are learning. The application process and the advice the consultants gave me as part of the programme was a big help. It was like I had 10 people working for me. I learned an awful lot about my competitors and the market I was trading into.”

 

If you would be interested in taking part in Acumen to grow your business, gain new customers and new sustainable income, you can find out more at www.intertradeireland.com/acumen

 

 

Find out more about Colm's journey below.

InterTradeIreland - Viltra (Acumen Programme)

 

 

 
 
Open Innovation Workshop & Platform launch for SMEs - Oct 24th - Belfast
 

An open innovation master class for SMEs and the launch of the All Island Open Innovation Platform (AIOIP).


 
 
Take the HSA’s online Chemical Usage Survey and be in with a chance to win an iPad
 
 

The Health & Safety Authority is inviting all companies using or trading products containing chemical to participate in its survey.


The aim of the survey is to establish the general levels of awareness and knowledge among Irish companies of EU chemical legislation. In light of the UK vote to leave the EU, the survey will also gather information on the potential impacts this may have on the trading of chemicals between the UK, Northern Ireland & Ireland.

 

It will also help identify aspects where companies may need more support to achieve regulatory compliance when the UK exits the EU in 2019. Businesses and workplaces using or trading products containing chemicals are invited to complete the survey and be in with the chance of winning an iPad. Click here to begin https://www.surveymonkey.com/r/NBRWJFC

 

 

 

 

 
 
Getting Ireland Brexit Ready - Monaghan
 

FREE event for SMEs with an interest in the business, agri-food / fisheries and tourism sectors.


 
 
Venture Capital Conference: March 7th, Dublin
 

The 2019 InterTradeIreland Venture Capital Conference will be taking place in Croke Park, Dublin. SAVE THE DATE.


The 2019 InterTradeIreland Venture Capital Conference will  take place on March 7th, in Croke Park, Dublin.

 

The focus of the conference will be the "Fundamentals of Securing Investment" and is expected to bring a capacity audience of more than 300 delegates; that will include entrepreneurs, venture capitalists, business angels, other investors and start-ups seeking funds. 

 

With VC funding at record levels, this is the perfect time to secure capital .Tech firms on the island raised close to a record €1bn last year. In addition, since the onset of the credit crunch in 2008, more than 1,450 SMEs have raised venture capital of €3.6 billion.

More details including registration, will be in next month's ezine.  It may be wise to save the March 7th date in your calendar now.

 

 
 
6th December - Equity Advisory Clinic - Galway
 
 
 
Venture Capital Conference 2019- 7th March 2019
 
 

Steve Collins founder of Havok and Frontline Ventures Partner confirmed as keynote speaker. This year's theme is Securing Seed and Growth Funding in Ireland and the UK. Each year this conference attracts a large crowd so register your place now.


 
 
21st March, Bangor, Funding Advisory Workshop
 
 
 
28th February, Galway, Market Access to the UK for Life Sciences
 
 
 
7th March, Belfast, Tendering In The Public Sector Construction Market
 
 
 
13th March, Dundalk, Brexit-The future for Border Business