I Network

As you may or may not be aware, the next Bizcamp Dublin will be on Saturday, May 29th in the Guinness Storehouse.

This will be the 3rd Bizcamp Dublin and promises to be even better the the first 2.

They will aim to have the usual format this time around – a full day of sharing business knowledge and experience through short presentations with networking sessions, a coffee break and lunch thrown in to keep your stamina up.

They will also be featuring a panel discussion mid-way through the day – keep an eye on the site for panel details.

The four sponsors for the event include:

• Enterprise Ireland
• IBM
• Microsoft
• Mason Hayes (Curran Solicitors).

The event is also kindly supported by the IIA and EventElephant.

One small change has been brought in this year which is a modest charge to cover their single biggest expense in organising Bizcamp….LUNCH!

They will be asking for €5 upon registration.

This €5 will mean:

• you don’t have to leave the building to find food
• you can network over lunch
• you don’t have to bring sandwiches
• and hopefully it will also mean you won’t register for the event just to get a bit of free advertising as you’ve no intention whatsoever in attending (you know who you are!)

They have 500 places up for grabs and usually book out way in advance so get registering!

The Bank of Ireland says it that it will not require any further financial aid from the state, according to a five-year business plan it has submitted to authorities in Europe.

The bank’s governor Pat Molley told a Joint Oireachtas Committee hearing on Finance and the Public Service today that the bank was committed to engaging with the National Asset Management Agency in order to support a banking system which could function again, and aid economic recovery.

He also stated that that cash flow for businesses remains a problem and that SMEs continue to face substantial trading difficulties. Expanding on this, he explained that €2.1 billion had been drawn down by small and medium sized businesses (SMEs) in the first nine months of the year.

Answering questions from the committee, Bank of Ireland’s group CEO Richie Boucher said limits for overdrafts for SMEs had increased by 18%. In order to improve their understanding of the sector, he explained that they were also working closely with bodies such as Enterprise Ireland.

A Dublin based information security consultancy and services company called Sysnet is to invest in a major expansion programme worth €1.27m which will create 60 new jobs over the next four years.

The expansion, which is being supported by Enterprise Ireland will see the company target markets in countries such as Russia, the Ukraine, Africa and the Middle East.

Sysnet was established in 1989 and has since diversified into the payment card data security market. It has developed an online payment product called Securus which is used by banks and other organisations handling payment card data.

Gabriel Moynagh, the company’s general manager stated that:

“This latest investment demonstrates our commitment to our international expansion goals, it will enable Sysnet to fully exploit the many opportunities identified in both new and high-growth markets.”

Enterprise Ireland’s head of Internationally Traded Services, Kevin Sherry also stated that:

“Sysnet’s track record of investment in innovation and product development positions the company for its next wave of growth and Enterprise Ireland is delighted to support its expansion and drive for further growth,”

With clients in over 30 countries worldwide, the move will be a welcome boost for Ireland.