Irish Business News - Irish American Business Chamber & Network (IABCN - Philadelphia)

Jul28Mon

Irishman building links between Ireland, Florida and Pennsylvania

Following the huge success of the Notre Dame versus Navy college football game, this August Penn State and University of Central Florida travel to Croke Park Dublin for their season opener. Alongside this sporting occasion Irishman Donal Walsh with the help of Peter Ryan, Deputy Consul for the Irish Goverment in New York have created a business conference to build on the links between Ireland, Pensylvania and Florida. These college games have huge significance in the US and provide a huge opportunity to deepen business and cultural links between Ireland and the US.

To read more, please click HERE.

Jul18Fri

Ireland ambassador nominee, answers questions at Foreign Relations hearing

WASHINGTON – St. Louis lawyer Kevin O’Malley appears to be on his way to a relatively quick confirmation to become ambassador to Ireland.

He received mostly gentle questioning from senators before a Senate Foreign Relations subcommittee considering his nomination and that of four others, including ambassador nominees to Turkey and France. Sens. Roy Blunt, R-Mo., and Claire McCaskill, D-Mo. gave him bipartisan support in short introductory speeches, and the senator chairing the committee said he hoped to expedite getting O’Malley and other nominees before the full Senate for approval.

O’Malley, who was nominated last month by President Barack Obama, said he believes there is “an unbreakable bond and a deep kinship between the people of the United States and the people of Ireland.” He pointed out that many of the founders and soldiers in the Revolutionary Army were Irish, and that the two countries have maintained strong bonds in trade and security. The U.S. and Ireland have $38 billion in annual trade.

To read more, please click HERE.

Jul18Fri

Member News: Enterprise Ireland venture capital fund investments rise 9% in 2013

Venture capital funds supported under the Enterprise Ireland Seed and Venture Capital Programmes made 153 investments with a value of €59 million in 94 Irish-based companies last year, a new report showed.

That was up 9 per cent from the €54 million invested in 84 Irish companies in 2012 under the schemes.

The capital under management through Enterprise Ireland’s Seed and Venture Capital Programme 2007-2012 has now reached close to €700 million, the programme’s annual report showed.

To read the entire article, please click HERE.

Jul15Tue

Irish Labor 100

The contribution of the Irish in America to the cause of labor has been nothing less than immense. Indeed, it could be argued that the American labor movement would not exist at all in its current form without the efforts of the standout Irish men and women through the years, both immigrant arrivals in mind that the Irish Echo is hosting an event November 7th at The Edison Ballroom.

This year, the Irish Echo will be honoring 100 Irish-American men and women in today’s labor movement, while at the same time reflecting on the work of those historical giants who paved the way to labor’s central role in contemporary American life.

Send in your nominations now!

Jul12Sat

Science Foundation Ireland announces new program

SFI Targeted Research Professorship Programme 2014 opens for applications

Dublin, 11 July 2014 – The Minister for Jobs, Enterprise and Innovation, Mr Richard Buton, T.D. together with the Minister for Research and Innovation, Mr Sean Sherlock, T.D. today announced a major new drive by Science Foundation Ireland (SFI) to attract the world’s top research talent to the seven Irish universities. The Targeted SFI Research Professorship Programme 2014 will be delivered by Science Foundation Ireland and will provide research funding of approximately €5 million for each successful applicant. Attracting top international research Professors is a critical part of the Government’s strategy to build research capacity in key areas of economic importance.

To read the entire article, please click HERE.

Jul10Thu

Enterprise Ireland companies exported a record €17.1 billion worth of goods and services last year

Enterprise Ireland client companies saw the best export growth and net job creation last year in over a decade, its annual report shows today.

EI companies exported a record €17.1 billion worth of goods and services in 2013, up 8% on the previous year.

They also created a net increase of 5,442 new jobs – the largest net increase in ten years. Enterprise Ireland said this highlights the clear link between strong export growth in new and existing worldwide markets, and job creation here.