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Seminars aim to improve access to finance for SMEs

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Breda Fox

Enterprise Europe Network in association with Galway Chamber will host a series of seminars as part of Chamber Week 2014 – from September 15 to 19 – aimed at unravelling the complexity of access to finance for small businesses.

The seminars will give a clear and basic outline of the availability of different types of SME finance, how to access it and the criteria involved. The seminars will cover crowdfunding, bank financing and state agency funding.

Seminar One – Crowdfunding and Business Angels – is on September16. Crowdfunding is new to many but has already delivered significant finance for small and medium sized businesses. This aims to show how it actually works, who it can benefit and what results can be expected.

Presentations are from Marc Rafferty of Linked Finance and Gerry Mackey of Halo Business Angel Partnership, with local case examples.

Seminar Two – Financing from your Bank – is on October 14. For most businesses, different stages of their business life cycle present different financing challenges. This seminar looks at what businesses can expect at different stages of the business cycle and how financing from the bank plays an important role.

And Grant and State Agency Funding – the final seminar in this three-part series – on November 11, focuses on the role of state agencies and government bodies in supporting SMEs, with presentations from Barry Egan, Enterprise Ireland; Breda Fox, Local Enterprise Office; Jim Keogh, Údarás na Gaeltachta; and Lorna Coleman, MicroFinance Ireland, with local case examples.

All seminars will take place in Galway Chamber, Commerce House, Merchant’s Road, Galway commencing at 9.30am until 11am. Attendance to the event is free and welcomes both members and non-members of Galway Chamber.

Bookings in advance to Mairead at eengalway@galwaychamber.com or Tel. 091-563536

Connacht Tribune

New course helps make sense of Artificial Intelligence and its uses

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Managers in Galway companies who would like to learn how they could put artificial intelligence (AI) to work for their organisations are being encouraged to sign up for a new course.

It comes as research found that 50% of organisations around the world have adopted AI in at least one function, while 79% of organisations are also exploring or piloting AI projects.

Of those companies who have implemented AI, 63% report revenue increases in the relevant business units.

The new Artificial Intelligence for Managers postgraduate certificate is being offered by NUI Galway to those who wish to get a better understanding of AI and its implications for business and enterprises.

Participants do not need to have any coding skills; this non-technical programme will focus instead on the strategic use of AI and how businesses and management can approach the practical implementation of AI technologies within their company. Candidates will learn about the practicalities necessary for successful AI adoption including data and skills requirements, ethics and legal issues. As such the programme would suit those in management positions in sectors like telecommunications, manufacturing, pharmaceutical, biomedical, finance, marketing, automotive and more.

For more, read this week’s Connacht Tribune.

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Connacht Tribune

GMIT hotel industry’s big cheese

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Cáit Noone

The Galway International Hotel School in GMIT has been listed in the Top 10 Hospitality Management Institutes worldwide by global publication Education.com, for the second year in a row.

During the pandemic, the school continued to deliver courses safely on campus and online including a brand-new series of online masterclasses by industry representatives such as Conor Spacey, Culinary Director of Food Space, alumna Catherine Toolan, Managing Director of Guinness Storehouse, Diarmuid Kelly of Kelly’s Oysters, Siobhan Ni Ghairbith, St Tola Cheese, Bernie Doherty, Galway County Council Community Archaeologist, Padraig McGillicuddy, MD and owner of Ballygarry House, Tom Doherty, Access Hospitality and many more.

Cáit Noone, Head of the school, said: “The tourism industry is a global employer and a qualification from the Galway International Hotel School provides graduates with multiple opportunities to work across the vast industry.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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Connacht Tribune

Glenamaddy site goes green

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Green initiative…Peter Flanagan, Site Manager and John McDermott, Procurement Manager at Kingspan.

Kingspan Water & Energy in Glenamaddy is the first manufacturing plant within Kingspan’s global network of 166 manufacturing sites to have its manufacturing process completely powered by renewable energy, following the installation of BioLPG.

Following the July installation of BioLPG, the Glenamaddy site is now 100% powered by renewable energy, closely followed by Kingspan’s manufacturing plant in Aston Clinton, England, which has also reached this milestone.

The move to renewable energy has been a gradual transition over the past five years, following the introduction of renewable electricity to Kingspan Glenamaddy in 2016.

This accomplishment is aligned to the Group’s ground-breaking Planet Passionate sustainability objectives and helps Kingspan to move closer to its ambitious goal of achieving net zero carbon manufacturing* across the business by 2030.

Kingspan Glenamaddy manufactures storage solutions for numerous sectors including agri, water, domestic as well as specialist custom tanks as part of Kingspan’s Water & Energy Division.

“Over the past five years, the introduction of renewable electricity to our Glenamaddy site has delivered a significant reduction in our carbon emissions,” said Peter Flanagan, Site Manager at Kingspan Water & Energy in Glenamaddy.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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