SMEs see artificial intelligence potential but ‘fail to capitalise on new tech’
Fear of making mistakes, lack of skills and cost behind reluctance to adopt new technology
Fear of making mistakes, lack of skills and cost behind reluctance to adopt new technology
Funding for Irish SMEs was down 23% to €1.1bn, the first decline since 2018
Company has 22 employees, split between offices in Dublin and London
Another priority is establishing an AI office to ensure State captures the opportunities the technology presents
Firm says it has identified ‘funding gap well in excess of €1bn’ in early-stage start-up investment
Steven McKenna to advise on digital strategies, M&A and succession planning
Minister warned final figure could be even higher and will be met by ‘savings identified within the department’s capital allocation’
Survey finds 59% of small firms are worried about the impact of tariffs on their business
Tax incentives are needed to stimulate ‘development of flats, student accommodation and independent living facilities’
The association argues the new fees ‘unfairly target small retailers already facing soaring costs and regulatory pressure’.
John Moran likens ability to raise revenue locally to powers of similarly elected European mayors
Only 14 per cent of SMEs feel prepared for a further escalation of tariffs and economic tension
Debt levels among small and medium businesses rose from €369,000 in 2023, Department of Finance report shows
Lender has so far facilitated more than 4,500 loans for Irish SMEs worth €350m
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