business plan ireland

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Step-by-step guide to setting up a business in Ireland

Setting up a business, step 1: develop your idea, step 2: write your business plan and choose a business name, step 3: choose a legal structure, step 4: understand your tax, step 5: register employees, grants and other supports, more information.

This page gives a step-by-step guide to starting a business in Ireland. It is important that you meet all the requirements when starting a business to avoid unnecessary delays, charges, and penalties.

If you are not an EU, EEA, UK or Swiss national and you want to open a business in Ireland, you must apply for permission. Read about coming to set up a business in Ireland as a non-EEA, UK or Swiss national .

The Local Enterprise Office (LEO) runs a free Start Your Own Business programme which can help you develop your business idea.

LEO has also published a 10-step-guide to starting your own business (pdf) . This guide includes information on business development, assessing the viability of your business idea, the requirements for your business such as staff, and how to write your business plan.

Find out how to get funding to start your own business. You can also get information on business grants below.

When you’re satisfied that your business idea is viable, the next step is developing a business plan . A business plan outlines your company’s goals and how you expect to achieve them. You will need a business plan if you are applying for a loan or a business grant, or if pitching to investors.

Choose a business name

If your company conducts its business under a name that is different to your own name, you must register the business name with the Companies Registration Office (CRO).

Find more information on registering your business name .

The legal structure of your business is important as it determines the type of taxes you must pay and your personal liability for your business debts.

Types of legal structures in Ireland include:

• Self-employed or sole trader

Partnership

Limited company.

Read about deciding on a legal structure for your business , including your tax and legal obligations.

You can also read our guide to becoming self-employed .

All businesses must pay tax. The amount of tax your business must pay depends on its legal structure.

Types of legal structures

Sole trader.

As a sole trader, you must pay the following taxes on your profits:

• Pay-Related Social Insurance (PRSI)
• Universal Social Charge (USC)

If you register as a partnership, each partner must pay income tax, PRSI and USC on their share of the business profits.

If you register as a limited company, you must pay Corporation Tax , Income Tax, PRSI and USC on the company profits.

Read more about deciding on the legal structure of your business .

Other types of tax

Whether you are a sole trader, a partnership, or a limited company, you must charge Value Added Tax (VAT) on the sale of your goods and services.

Employers PRSI

If you employ staff, you must pay Employers’ PRSI to Revenue for all employees aged 16 and over.

Get more information on paying tax as a limited company , or read about paying tax as a sole trader (including the tax reliefs available) . You can also read our page on understanding your tax as a business owner .

If you employ staff, you must register as an employer with Revenue. You can do this by telling Revenue of your name, address and intention to pay staff.

You must register as an employer before you pay your employees, using the MyEnquiries service on the Revenue Online Service (ROS) .

Read more in our page on employing people in your business .

There are several government agencies and organisations dedicated to supporting new businesses across Ireland.

Read about:

• How to get funding
• Getting business training and advice
• Managing credit difficulties
• Websites on setting up a business
• Finding the representative body for your sector

If your business model has a focus on sustainability, you may also want to read about the financial supports available to businesses going green .

If you are starting a business, you may need to consider things like insurance and planning permission .

You can also contact the organisations below for information and advice:

Enterprise Ireland

Enterprise Ireland, East Point Business Park The Plaza Dublin 3 D03 E5R6

Companies Registration Office

Bloom House, Gloucester Place Lower, Dublin 1, D01 C8P4

Workplace Relations Commission - Information and Customer Service

O'Brien Road Carlow R93 E920

Related documents

• Coming to set up a business or invest in Ireland Information for foreign nationals on the immigrant investor and entrepreneur schemes. 2996.932
• How to write a business plan If you’re starting a business, you will need a business plan to approach a financial institution for a loan, apply for a small business grant, or pitch to investors. 1971.5437
• Starting a business when you return to Ireland Overview of information to help you start a business when you return to Ireland. 1877.1934

If you have a question about this topic you can contact the Citizens Information Phone Service on 0818 07 4000 (Monday to Friday, 9am to 8pm).

You can also contact your local Citizens Information Centre .

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Why business templates are vital

A business plan is essential for the success of your small business or startup. It helps guide the direction of your business and explains your vision to others. A reusable single- and multi-page template lets you tailor your pitch for investors, staff, and prospects. Plans help:

• Included Startups decide if the idea is viable.
• Included Small businesses gauge the competition, determine their competitive advantages, set goals, and plan marketing strategies.

Download our guide on how to write a business plan

Why you’ll want to plan your business with our template

Our business plan template:

Helps you budget accurately

Our business plan’s customisable structure lets you accurately present your financial data.

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Explains business plan components

Each business plan component comes with an annotated explanation to help you write your plan.

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Simplify your mission, then focus it for investors with two different templates.

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Getting started with the business plan template

Develop a concise mission statement about why your company exists and how it differs from similar companies. For example, Google’s statement is ‘To organise the world's information and make it universally accessible and useful’. LinkedIn’s statement is 'Connect the world’s professionals to make them more productive and successful'. Then, develop business goals and objectives that fit with your statement. For example, LinkedIn’s objectives would specify metrics around the number of professionals and connections.

A value proposition presents the specific benefits your product or service brings to your customer, reinforces your brand identity, and give your team a focus. Business plan examples of value propositions might be: 'We help our customers feel good by fueling up with exceptional coffee in a community environment’, or ‘We help our customers choose the right gift in less than 10 minutes’.

A business plan for startups defines its target customers. All businesses should include market analysis in their business plans and update their analysis regularly. Start with your customers’ demographics. Then use the internet and primary sources like surveys and interviews) to learn more. Next, identify competitors and determine their strengths and weaknesses. Compare them with each other and decide where you fit within the competitive environment.

Successful small businesses promote their brands through websites, social media, broadcast ads, or sponsorships. They also use various sales channels, including online, brick-and-mortar stores, affiliates and distributors. Your business plan market analysis helps you decide the marketing strategies for your industry, product, and target audience. It also will help you predict annual sales – a key part of your financial planning.

Your business plan outline will also include your business structure, such as whether you are a limited corporation or partnership. It will list any operating agreements and information on supplier logistics. For example, how you will receive your raw materials and how you’ll deliver the product to customers. It will describe your daily operations and number of employees. Once you’ve completed your business plan, you’ll develop job descriptions for each role and begin hiring your team.

Financial forecasting is an important part of financial planning for businesses. Investors and lenders want to see your forecasts to determine whether to provide financing. The forecast also helps you budget to weather seasonal revenue dips and decide how many staff you can afford. It’s also a benchmark for gauging your performance, so you can take corrective action if necessary. Hiring a bookkeeper or accountant will help you make more accurate forecasts.

One-page business plan template

Writing about customers, competitors, income, and expenses will build your ideas in a short time. A single-page business plan template is:

• Included Easy for you and investors to read and understand
• Included Great for making a start
• Included Helps pin down the main idea
• Included Easy to update

Example of a business plan

Need an example of a simple business plan to get started.

Check out our filled-in, one-page business plan and be inspired to write your own.

When you’ll need a multi-page template

A multi-page business plan template has detailed forecasts and budgets, with evidence behind statements of costs, market size & competition

Pitching to investors

A multi-page business plan provides a comprehensive overview and is essential when you’re seeking funding.

Download multi-page business plan template.

Financing your business

Detailed financial planning for business demonstrates to lenders you manage funds responsibly.

Download our finance guide.

Forecasting and budgeting

A multi-page plan sets out expectations behind your business goals and objectives with detailed forecasting.

Learn about budgeting and forecasting.

FAQs about business plan templates

You want your team and investors to grasp your vision at a glance. A simple, concise plan is easier to understand, implement, and track. A complex plan can be overwhelming, leading to procrastination or inaction, and harder for your team to grasp. A simple plan is less daunting and more easily achievable, so you and your team are more likely to follow through with it.

Absolutely. The template is fully editable and customisable. You can change the content to create a plan that is unique, engaging, and personal, and update the plan easily as conditions change. The template guides you through the process, but doesn’t require you to do your plan a certain way.

Xero does not provide accounting, tax, business or legal advice. This template has been provided for information purposes only. You should consult your own professional advisors for advice directly relating to your business.

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Access Xero features for 30 days, then decide which plan best suits your business.

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Expand Your Business and Secure Funding

We provide a bespoke and professional business plan writing service for both new and established businesses across Ireland. Our specialist service includes:

• All necessary content written for your business plan
• Comprehensive market research
• Projected cash flow forecasts and profit and loss accounts
• Additional business advice and guidance if needed

Need a loan to start your business? We can help with Bank Loans and Microfinance options. Unsure about the numbers? Our Financial Projections will show you a clear picture of your future. Thinking about a franchise? We write winning Franchise Business Plans. Grants got you dreaming? We’ll craft strong applications to help you get the funding you need!

Why Is Business Planning Important?

Business plan is a roadmap of your business idea and its growth and how it will achieve its objectives. It provides a chance to think clearly what is the main business idea , describe is mechanics and how his idea will flourish. Key elements of business plan are :

Executive Summary

• Business description
• Market Analysis
• Sales and Marketing Plan
• Financial Projections

Our Business Plan Includes

Craft a winning plan, stress-free! Grand Business Plan’s guide you through everything – from marketing strategies to financial projections. Describe your product, team, and funding needs. Analyse your competition and future with built-in tools. Grand Business Plan : Your one-stop shop for a complete business plan.

Get the gist in a flash – key points of the full report, upfront.

Marketing Strategy

Your roadmap to reaching customers and turning them into fans.

Competitive Advantages

What makes you the stand-out choice in a crowded market.

Management & Personnel

Building the dream team to drive success.

Product & Service Description

Unveiling what you offer and why it matters.

Company Overview

A snapshot of who we are, what we do, and why we’re here.

Use of Funds

Where your investment goes and why it fuels growth.

SWOT Analysis

Strengths, Weaknesses, Opportunities, Threats – Know yourself to conquer the market.

Market Research

Gain insights into your industry, target market, and trends to make informed decisions.

Barriers to Entry

Hurdles newcomers face to join your competitive game.

Branding & Marketing

Shaping your identity and getting your message heard.

Pro-Forma Financials

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Initial Contact

You contact us via call or E-mail and place an order with us in consultation with our advisor.

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Our consultant will gather necessary information about your venture. The details may include business idea, finance, and other they aspects of business.

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Grand Business Plan will produce a comprehensive and robust business plan for your review and to ensure it is in line with your business idea.

Modification/Final report

Any necessary changes in accord a we with your comments and feedback a revised version is produced.

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Our plans match quality, detail and price. Check out one of our business samples for yourself.

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Our team consists of strategic, business consultants, marketing and branding experts, financial analysts, and operations gurus. Our team will provide you with strategic recommendations to grow your business, while also partnering with you every step of the way to implement each strategy.

Plan for Success

We understand that the heart of any successful venture lies in a well-crafted business plan.

Whether you’re a small start-up looking to secure funding, a medium-sized business aiming for growth, or an established company seeking to refine your strategies, our expert team is here to guide you through the intricate world of business planning.

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Bank Loan Applications

Support Bank Loan Applications.

• We prepare detailed business plan along with Financial Projections.

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• Covers LEO/ Enterprise Ireland, NDRC, Dublin BIC, Social Entrepreneurs.

Get it written for investors.

• We research your industry and create a convincing proposition for investors.

Business Plans for Bank Loans, Grants and Investors

Struggling to secure funding for your business? A well-crafted business plan can be your key to unlocking loans, grants, and investor cash. Think of it as a persuasive pitch that showcases your brilliant idea, explains how you’ll conquer the market, and convinces everyone you’re the one to make it happen!

Speak to our specialist business plan writer today!

Discover how our strong team can help in your small business. streamline its processes.

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We specialize in top-notch craftsmanship, ensuring your project is built to last and reflects your unique vision. With countless successful projects under our belt, no two are ever exactly alike – just like you!

Unlock funding for your impactful project! Explore grant opportunities, craft a compelling story of your solution’s power, and showcase your team’s expertise. A well-written application can turn your dream into reality.

Investors love winners! Craft a business plan that showcases your edge, market dominance, and leadership potential. It’s your key to unlocking funding.

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For every start-up moment, we're there

From expert advice to raising funding and exploring opportunities in new international markets – Enterprise Ireland is here to support you in those important start-up moments. 

As a start-up, you may work with Enterprise Ireland or Local Enterprise Offices depending on your needs and goals. 

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Accelerate your international business plan with co-funded equity investment of up to €800,000 for high potential start-ups that are developing new technologies

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Enterprise Ireland believes that Ireland’s economic success will be driven by harnessing a strong entrepreneurial ecosystem which utilises the skills, ambition and talent of a diverse population.  

Increasing opportunities for women entrepreneurs and in management is a key priority for Enterprise Ireland, and this work is underpinned by o ur six-year Action Plan for Women in Business .    

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Business Plan Writers in Dublin, Ireland

Published Jan.06, 2016

Updated Sep.15, 2024

By: Cynthia Turner

Average rating 4.7 / 5. Vote count: 14

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Table of Content

Economic activity in Dublin, Ireland and the immediate surrounding area known as the Greater Dublin Area accounts for 47 percent of the entire country’s GDP. That makes Dublin a leading location for nurturing entrepreneurship. OGS Capital provides critical business plan writing services to entrepreneurs interested in establishing a business startup in this thriving economy or planning on expanding an existing business. We offer a high level of market knowledge and business expertise, and access to a large investor network.

OGS Capital Delivers Dublin-Focused Services

Every economy is different, so we never rely on business plan templates. Each business plan is customized to deliver unique business solutions within the context of the local economy and marketplace, in this case Dublin. The business plan writers Ireland assigned to your project have in-depth knowledge of the Greater Dublin Area which includes Dublin, and the counties of Wicklow, Kildare, and Meath. This ensures the final document is accurate and contextual, as well as professional and high quality.

Dublin’s main industries include software, information and communication technology, tourism business , and education. It is a very business friendly city that offers over 80 different government support services for startups and small businesses. This creates a culture of entrepreneurship that attracts business owners from around the world looking for a place that encourages innovation. OGS Capital business plan consultants have already worked with many Dublin entrepreneurs who then were able to land necessary funding through our wide investor network.

OGS Capital Delivers Numerous Advantages

Your business concept needs nurturing and development in order to become an active business. Developing a high quality business plan is one of the most important steps an entrepreneur can take to ensure success. OGS Capital has written thousands of business plans, marketing strategy plans , business proposals, and other business documents that lay out a path for entrepreneurial success.

Following are just some of the advantages of choosing OGS Capital for business plan writers in Ireland :

• Meet investor requirements – Most entrepreneurs need capital, so our consultants are experienced in business plan writers Ireland that meet private investor or bank lender requirements. We have developed a broad investor network too, and final business plans are sent to the network members upon request.
• Fast process – When you are ready to start a business in Dublin, the last thing you want are unnecessary delays. Place an order online , and we develop a project proposal within 12-24 hours. The typical business plan is 35-50 pages long and delivered within 10-12 days. During the process, you will consult with the project team, providing information as needed. It is a fast, efficient, and productive process.
• Tailored business plans – No templates are used. Your final business plan is unique to your business, offering a customized solution. That is a major reason we have been able to help over 4,300 SMES find necessary funding from private investors. We also prepare bank business plans that meet lender requirements.
• Project teamwork – Each project is assigned a consulting team consisting of a project manager with a high level of experience, analyst, researcher, writer, and editor. The client is, of course, a member of the team too and will regularly consult with the project team as necessary.

Dublin, Ireland welcomes entrepreneurs looking for success. OGS Capital has the right level of service, the right expertise, and the right process that leads to a professional business plan. Take advantage of the online contact form to begin a conversation with an OGS Consulting professional. Even better, complete the online order form and jumpstart the process.

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OGSCapital’s team has assisted thousands of entrepreneurs with top-rated document, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.

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Ireland’s $50 billion digital sector represents an integral part of Ireland’s economy with Technology Ireland estimating that the sector accounts for 13 percent of Ireland’s GDP.  Major U.S. multinationals like Apple, AWS, Cisco, Google, HPE, IBM, Intel, Meta and Microsoft are prominent among 1,000 digital companies operating in Ireland.  There is also a large group of American SME digital firms with a growing Irish presence.  As home to the EMEA headquarters of many of the leading global tech firms, Ireland plays a central role in ensuring that EU digital regulations are implemented coherently and effectively.

Launched in 2022, Ireland’s national digital strategy, “Harnessing Digital - The Digital Ireland Framework” prioritizes four pillars - the digital transformation of business; investment in digital infrastructure; digital skills development; and the digitalization of public services.  It outlines ambitious targets to digitize Irish businesses, including SMEs, so enterprises have strong engagement around cloud computing, artificial intelligence and big data by 2030.  Improved broadband infrastructure aimed at bridging the gap between rural and urban areas, as well as improving international high-speed connectivity with Ireland are essential to a commitment that almost all public services will be delivered online by 2030.  Key milestones are published annually in the National Digital Strategy progress report.  Aligned with EU 2030 digital transformation goals, the progress of Irish digital initiatives is recognized in the EU 2024 Digital Decade Ireland Country Report.

The $19 billion Irish digital market has experienced sustained demand growth since 2021 as digital technologies and solutions play an ever-increasing role across the economy.  U.S. digital technology companies have a strong presence in this open and highly competitive market and new U.S. vendors offering emerging, innovative and leading-edge digital solutions encounter positive interest from potential Irish partners.

Ireland and the United States engage in regular dialogue on digital issues through Ireland’s active involvement in the Digital Nine Plus (D9+), an informal partnership of EU member states with likeminded views on digital and technology policy.  As D9+ chair during the first six months of 2024, Ireland negotiated the April 2024 D9+ Ministerial Declaration which emphasized effective and coherent digital regulation as a foundation for innovation and growth in the EU.

Transatlantic data flows are critical for all companies large and small across all sectors of the Irish economy.  It is regularly cited that one-third of transatlantic data flows through Ireland given the strong presence of leading U.S. data center operators.   The July 2023 EU-U.S. Data Privacy Framework re-establishing a legal mechanism for transfers of personal data from the EU to the United States has direct relevance for Ireland since many U.S. tech companies have located EMEA headquarters in Ireland.  These companies have regular engagement with Ireland’s Data Protection Commission (DPC) as the Irish supervisory authority for the General Data Protection Regulation (GDPR).  Since 2022, the DPC has successfully completed inquiries on data privacy compliance at Instagram, Meta, Tik-Tok, Vodafone, WhatsApp, X (formerly Twitter), and Yahoo.  In July 2024, the DPC issued new guidance regarding AI Large Language Models (LLMs) and Data Protection having previously issued direction to both Meta and X regarding the usage of European user data in the development of their LLM systems.

As a Member State of the European Union (EU), Ireland enacts all relevant EU legislation governing the digital economy into the Irish statute book.  This encompasses the Digital Markets Act (DMA), the Digital Services Act (DSA), the Data Governance Act (DGA), the Data Act, the Network and Information Systems (NIS) Directive, and its revision NIS2, the Artificial Intelligence (AI) Act, European Digital Identity Framework (eID), the Cyber Resilience Act (CRA), the Cybersecurity Act and the Digital Operational Resilience Act (DORA).  This body of legislation is important to U.S. tech companies doing business in Ireland as it may necessitate internal compliance obligations alongside market development opportunities.

Irish government restrictions, announced in 2022, regarding electricity grid access for new data center projects until 2028 has generated significant uncertainty for future investments by leading U.S. data center operators who represent the vast majority of the 82 data center operating in Ireland.  Given the threat to future data center investments now arising from the ever-increasing demands of AI solutions, government officials are finalizing new policy actions to address the energy constraints while also ensuring Ireland remains within its carbon targets.  

Ireland also follows the EU public procurement regulations which are governed by the WTO Government Procurement Agreement (GPA) and the EU Public Procurement Directives.  The Office of Government Procurement (OGP) develops the policy framework for public procurement in Ireland.  OGP endeavors to reduce procurement costs and achieve better value for money by providing Ireland’s Public Procurement Guidelines.  Competitive dialogue, frameworks, and central purchasing arrangements are an emerging feature of Irish public procurement opportunities.  U.S. suppliers must register on the eTenders procurement portal to pursue digital technology tenders published by Irish public sector bodies.

Most laws are set at the EU level. The Digital Economy Chapter of our Country Commercial Guide for the European Union provides a more comprehensive overview.

Digital Trade Opportunities

The medium outlook for the Irish digital market is positive.  Digital transformation continues to gather momentum with the accelerated move to hybrid and multi-cloud environments.  Alongside implementing a digital initiative across the public sector, the Irish government is supporting SMEs in developing their online presence and eCommerce channels.  Irish enterprises have spent $1.4 million annually on data processing and storage activities in recent years.  End user demand for cloud computing, (SaaS/IaaS/PaaS), is expected to underpin future market growth.  Annual expenditure in enterprise software is about $258 million and is driven by document and content management solutions, business intelligence and analytics, database, web servers, and enterprise portals.  Expenditure on network storage software is approximately $62 million while the security software market is estimated at $124 million.  Spending on software in the healthcare sector is circa $95 million.

The $300 million cybersecurity market is extremely vibrant with U.S. vendors having a strong market share.  Reported economic crime and fraud in Ireland has increased significantly in recent years.  The ongoing threat of cyber-attacks is driving increased spending on security solutions.  According to PWC’s 2024 Digital Trust Survey,  Irish businesses continue to increase spending on risk management technology with a focus on data analytics and process automation.  EU legislation around data privacy and cybersecurity plays a key role with the General Data Protection Regulation (GDPR), the Network Information Services 2 (NIS2) Directive and the Digital Operational Resilience Act (DORA) each driving market demand.  Corporations, digital service providers, critical infrastructure providers, financial services firms and public-sector entities are all seeking to comply with these regulations.  Organizations that suffer data breaches and cyber incidents in the future will be liable for heavy penalties that could amount to as much as 4 percent of a company’s global revenues.  Solutions utilizing Artificial Intelligence (AI) and Machine Learning (ML) are also increasing market penetration.

Since the launch of Ireland’s AI strategy – “AI Here for Good”” in 2021, there has been a steady rise in AI activity in Ireland across business, government, and the research & development sectors.  The strategy emphasizes using AI to benefit Ireland’s economy and society, through a people-centered, ethical approach to its development, adoption and use.  Both the Irish Government and the EU Commission have published overviews of recent AI initiatives in Ireland.  Several leading U.S. AI tech firms are especially active with AI initiatives in Ireland while also being supportive of development of the sector with reports from Microsoft and Google outlining the commercial and societal opportunities for Ireland arising from AI technology.

Demand for Internet-of-Things (IOT) technology and services is increasing within the healthcare, energy, transport, the public sector and manufacturing industries.  Ireland’s three principal cities - Dublin, Cork, and Limerick - have led the emergence of IOT/smart city projects.  Most initiatives have been built on top of legacy infrastructure and many decades of social and economic programs, rather than creating new smart city districts.  Green-field initiatives are emerging in the three principal cities with strong vision-oriented smart city strategies.  The All-Ireland Smart Cities Forum has developed an initiative to forge close connections with Nordic counterparts.  U.S. global tech companies have also played a strong role in the evolution of Irish smart cities projects.  Strong Irish interest in emerging smart cities initiatives globally, including those in the United States, underscores opportunities for emerging U.S. SMEs.

Ireland’s national quantum technologies strategy, “Quantum 2030” focuses on four key pillars namely, applied research, skills development, international collaboration, and innovation.  The €10 million IrelandQCI project is part of EuroQCI, an EU-wide quantum communications infrastructure program.  Jointly funded by the Department of the Environment, Climate and Communications (DECC) and the EU, IrelandQCI will trial 16 quantum security technology scenarios with key stakeholders across Ireland’s public, industry and academic sectors.  The Irish Centre for High-End Computing (ICHEC) has a memorandum of understanding with Equal1 to advance the deployment of high-performance computing and quantum computing (HPC-QC) in Ireland and Europe to drive technical innovation, address complex scientific and industrial challenges and maintain global competitiveness.

In the area of telecommunications, the Irish government seeks to provide a world class communications network with high quality services, supporting connected communities and enabling citizens to embrace digital opportunities, in a safe environment.  Government policies and regulations in this area are centered on achieving; universal access to high-speed broadband, better connected communities, and strengthened cyber security.

International and national digital connectivity is important to maintaining and enhancing Ireland’s competitiveness in global markets, and in the knowledge and information economy.  Since the 2021 launch of the National Broadband Plan over $3.3 billion has been invested by the commercial telecommunications sector in upgrading and modernizing networks which support the provision of Gigabit broadband and mobile telecommunications services.   Passive Optical Networks (PONs) used to provide fiber-to-the-home (FTTH) broadband are the technology of choice for the National Broadband Plan.  In 2021, Intel partnered with CONNECT, the Science Foundation Ireland (SFI) Research Centre for future networks and communications at Trinity College Dublin.  The research partnership focused on making PONs capable of supporting 5G wireless network cells and edge computing nodes in order to deliver new applications such as high-speed mobile streaming, augmented reality and autonomous driving.

As a high-tech, island economy, Ireland’s international telecommunications connectivity via subsea cables is essential.  Ireland is currently connected to the global network via 14 sub-sea telecommunications cables, four of which connect to North America, one connects to Iceland, while the remainder connect to the UK.  Since the UK withdrew from the European Union, Ireland has no direct telecommunication cable connection to any other EU Member State.  This creates a need for investment to ensure that Irish and European policy is achieved.  In May 2024, the Irish government launched an indepth public consultation focused on sub-sea cables connecting Ireland to the Global Internet backbone.

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Belfast City Council has launched its first Local Area Energy Plan – the first to be developed in Northern Ireland. Recognised as the leading method for translating net zero targets into action, the LAEP marks a milestone moment in the city’s transition towards a resilient, low-carbon economy for everyone.  

Developed using cutting-edge whole-system modelling and extensive stakeholder engagement, the comprehensive road map capitalises on the city’s unique geographical characteristics and assets. Sitting on top of Sherwood Sandstone, the city has huge geothermal potential while an abundance of rooftops can generate solar energy.

Led by local government and developed collaboratively with key stakeholders, the Belfast LAEP presents a pipeline of priority projects including a district heat network, large scale retrofit of buildings, transition of oil households to low carbon heating and deployment of solar panels.

As a primer to collaboration and a catalyst for future investment across the sector and beyond, the transformational LAEP sits alongside other net zero investments such as Translink’s net zero bus fleet, Northern Ireland Housing Executive’s retrofit programme and the Energising Belfast project. With electricity and gas network operators gearing up to decarbonise at scale, the plan charts a path to net zero that is affordable, and if properly resourced, will create new opportunities for jobs and businesses.

Launching the LAEP to public and private sector stakeholders at Belfast’s historic Custom House, Chair of the Belfast City Council Climate and City Resilience Committee, Councillor  Róis -Máire  Donnelly welcomed the potential for the new plan to chart effective net zero   investments while  delivering social value for communities :  “Now that  Belfast has a detailed plan to reach net zero, next comes the commitment and investment required across the sector to ensure we can all thrive in a net zero future.  The Belfast Local Area Energy Plan marks the beginning of a new chapter for Belfast’s energy system by championing collaboration and the collective action needed to address the climate crisis. As the city sets its sights on a low-carbon, energy-efficient future for everyone, this plan can unify key stakeholders in a shared endeavour allowing Belfast to become a leader in the journey to net zero. With strong commitments from both the public and private sectors to work together on these critical initiatives, the LAEP can ensure that the benefits of this transition are shared widely across Belfast.”

As part of the launch, Belfast City Council also announced the formation of a Net Zero Belfast Delivery Group to provide oversight and strategic direction for the delivery of the plan. Additionally, Belfast City Council is partnering with Energy Systems Catapult as part of the Belfast Net Zero Pathfinder Project, to progress two major decarbonization projects which the council was recently awarded £150,000 of Innovate UK funding to develop. 

To find out more and access a copy of the Belfast Local Area Energy Plan, go to  www.belfastcity.gov.uk/netzero

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Supports from Enterprise Ireland

Enterprise Ireland (EI) is a government body responsible for the development and growth of Irish businesses in foreign markets. The organisation works with companies to help them achieve their expansion and export goals. This includes the provision of financial supports and funding.

There are a wide range of supports available, so for ease of deciphering which you might be eligible for, we have prepared a summary of the Enterprise Ireland monetary supports available to small and medium sized Irish companies. The supports available are determined by company size and stage of development.

The supports available are designed to suit businesses at various stages in their development or growth and can be categorised as follows:

o Feasibility Stage Supports

o Investment Ready Company Supports

o Growth Phase Supports

o Established Businesses – Research and Internationalisation Supports

o Product, Process or Service Development Supports

o Management Team Development

o Business Process Improvement Supports

o Company Expansion Packages

High Potential Start-Up (HPSU)

HPSUs at the Feasibility Stage can apply for the following :

HPSU Feasibility Grant To assist innovative/high potential start-ups. Eligible costs include; Salaries and Overheads, Consultancy Fees, Foreign Travel and Subsistence, EI approved Business Accelerator Fees, Trade Fair costs and Prototype costs.

Innovation Voucher Worth €5,000, these are designed to enable early stage businesses to work with a registered college or knowledge provider in Ireland or Northern Ireland.

New Frontiers Entrepreneur Development Programme Run in partnership with the Institutes of Technology, the programme supports entrepreneurs. Can include mentoring, incubation space and a €15,000 scholarship payment.

Competitive Feasibility Fund Helps start-ups or individual entrepreneurs to investigate the viability of a new significant growth orientated business or proposition.

Mentor Grant EI pairs the company with an experienced business mentor to assist or advise on specific areas.

Investor Ready businesses can apply for the following:

Competitive Start Fund (CSF) A €50,000 equity investment designed to accelerate the development of HPSUs by helping them to achieve commercial and technical milestones.

Innovative HPSU Fund (Equity) EI offers equity investment to HPSU clients, on a co-funded basis to support the implementation of a company’s business plan.

The following Post Investment Supports are available for companies in a Growth Phase :

Mentor Grant As discussed above.

Business Links Grant Enables companies to carry out research to identify potential customers/partners using market research companies or other specialist service providers. Only open to businesses exploring new markets.

Innovation Voucher As discussed above.

Established SME (>10 Employees)

Market Research and Internationalisation Supports

Be Prepared Grant Assists SMEs with the costs associated with preparing for the threats and opportunities posed by Brexit. Can cover consultancy, travel and out of pocket expenses.

Strategic Marketing Review Grant Covers an approved programme of work in conjunction with EI advisers and an approved external consultant.

Market Access Grant Assists companies in developing a viable marketing strategy for a new market. Covers costs including new or existing staff to undertake the project, consultancy fees, office rental, purchase of market research and databases and selected marketing costs.

Internationalisation Grant Goes towards the cost of researching and exploring new international business opportunities regarding either new markets or new products Eligible costs may include; Salaries & Overheads, Consultancy Fees, Foreign Travel & Subsistence, EI approved Business Accelerator Fees and Trade Fair costs.

Business Links Grant As discussed above.

Graduates for International Growth (G4IG) Programme

This pairs graduates with companies to develop and execute plans to grow in key markets. Support available for the graduate salary and training.

Acumen Programme A cross-border Business Development Programme designed to promote cross-border trade. Covers consultancy and management costs.

Supports for Product, Process or Services Development

Technical Feasibility Study Grant Can be used to investigate the feasibility of developing a new product, process, technology or service offering.

In-house Research, Development and Innovation (RD&I) Fund Assistance with the development of new or substantially improved products, services or processes.

Innovation Partnership Grant Programme Financial support for companies who engage in collaborative research projects with Irish universities and Institutes of Technology.

Horizon 2020 and other EU Research Funding Programmes International research programmes designed to foster collaborative cross-border research between companies in different EU member states.

Supports to Enhance and Develop Management Team

Strategic Consultancy Grant Assists with companies with the cost of planning or implementing a new strategic development initiatives.

Key Manager Grant Supports cost of hiring a new Key Manager.

Productivity and Business Process Improvement Supports

Be Prepared Grant As discussed above.

Capital Investment Initiative (CII) Fund Assists companies with improving productivity and competitiveness through the acquisition of new capital equipment and technology. Maximum support available of €250,000.

Graduate Business Growth Initiative Enterprise Ireland will fund SMEs to employ up to two graduates per year, with a Level 8 degree qualification.

Lean Start Grant Funds the undertaking of a Lean Start Assignment.

GreenStart Grant Funds the undertaking a GreenStart Assignment.

Business Process Improvement Grant Supports short-term projects that are designed to develop management capability and drive company efficiencies and business process improvements. Must include either LeanPlus, E-Marketing or GreenPlus.

Lean Transform Grant Funds a Lean Transform Project. This is a large scale, extensive and holistic company transformation programme delivered by an external consultancy team of international reputation.

Company Expansion Packages

Job Expansion Fund Assistance towards new employment. Provides support of up to a maximum of €150,000 towards the recruitment of new employees.

Tailored Company Expansion Packages Enterprise Ireland offer a range of tailored financial support packages.

All information correct as of December 2018.

For more details visit www.enterprise-ireland.com

Are you hoping to avail of financial support from Enterprise Ireland? Do you need assistance with writing a business plan to go with your application? If so, please don’t hesitate to contact us at Irish Business Plans. We have over ten years’ experience helping entrepreneurs develop their ideas and prepare professional business plans. We would be delighted to help. Get in touch to find out more.

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UL and Green Tech Skillnet launch new onshore wind energy programme

University of Limerick and Green Tech Skillnet have launched a new programme to enhance environmental capability in the onshore wind energy sector.

The new micro-credential programme is dedicated to enhancing expertise in Environmental Impact Assessment (EIA) within the Onshore Wind Energy sector.

The innovative course aims to meet the increasing demand for professionals who possess specialised knowledge in EIA for onshore wind farms.

In light of Ireland's concerted efforts to meet climate action plan targets, the importance of skilled individuals who can adeptly navigate the regulatory framework and assess environmental impacts cannot be overstated.

UL has teamed up with Green Tech Skillnet, one of 70 Skillnet Business Networks nationwide, to deliver the programme, which was launched by Limerick TD Brian Leddin, who is Chair of the Oireachtas Climate Committee.

Deputy Leddin said: “The State is embarking on an unprecedented expansion of energy and grid infrastructure, and this will run for decades. We have set a huge ambition, but we can only realise it if we have skilled professionals in environmental planning, administration, engineering and many other disciplines. The micro-credentials courses are a way of ramping up our skills capacity as quickly as possible while also opening varied and rewarding opportunities for our workforce.”

Geraldine Carroll, Associate Vice President, Graduate and Professional Studies, at UL, said: “Supporting renewable energy for society and commerce is of significant strategic importance to UL. We are delighted to partner with Green Tech Skillnet in lending excellent expertise to meet the professional upskilling needs of enterprise.”

The programme, which was designed with input from industry experts, will commence on October 7. The course content will feature insights from focus groups and guest lecturers operating in the wind energy sector to meet the skills needs of professionals.

By delving into the latest EU policy directives and Irish national legislation governing EIAs and offering practical insights through in-depth analysis of EIA case studies relevant to wind energy, the course is designed to equip participants with the expertise needed to contribute effectively to the sustainable development of this rapidly growing sector.

Mark Ruane, Network Manager, Green Tech Skillnet, said: "The significance of this micro-credential lies in its ability to address a critical gap in industry-specific education. As Ireland endeavours to achieve its climate action plan targets, professionals possessing a deep understanding of EIA for onshore wind energy projects will play a pivotal role in ensuring sustainable and environmentally responsible development.”

Eoin Morton, Head of Policy & Public Affairs, Skillnet Ireland, said: “Ensuring we have a skilled workforce to support the planning and development of infrastructure projects will enable to make Ireland a world leader in the renewable energy sector.

“What sets this micro-credential qualification apart is its unique focus on delivering a comprehensive understanding of the EIA process within the onshore wind energy landscape, making it the first of its kind in Ireland.

“It is another excellent example of the innovation and commitment of Green Tech Skillnet to deliver the specialised upskilling required to drive the sustainable development of onshore wind energy.”

Aimed not only at environmental consultants, project managers, and environmental engineers, the course also caters to government officials, regulatory compliance officers, legal professionals, and developers and investors in the wind energy sector. Individuals holding a degree in a relevant subject area or having significant, relevant experience in the energy sector are encouraged to apply.

More details are available here .

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Sample Business plan

A well-thought out plan gives your  business  direction, defines your objectives, maps out strategies to achieve your goals and helps you to manage possible bumps in the road..

Most business plans should include the following main headings

1) Executive Summary

2) Company Description

3) Market Analysis

4) Marketing/Sales Strategy

5) Research & Development

6) Staffing and Operations

7) Financial Projections

8) Sales Pipeline

9) Funding Requirements

10) Appendices

Get Started: Download a sample Business Plan HERE

If you have any queries on writing your plan, contact us to schedule a free one-to-one advisory session by calling 091-509090 or emailing [email protected].

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