Search Results for 'Private equity'

BY DECLAN VARLEY

One of Ireland’s most successful companies, Chanelle Pharma has been sold by its founder Michael H Burke to Exponent, a leading private equity firm. Headquartered in Loughrea, Chanelle Pharma is Ireland’s largest indigenous manufacturer of generic pharmaceuticals for animal and human health. The terms of the sale have not been disclosed.

Startups from Galway are encouraged to apply for Google’s Adopt a Startup Programme which was launched this week — The 12-week programme is designed to support ambitious startups with potential to scale in Ireland and internationally.

Galway and the west of Ireland have become a hotbed for entrepreneurial activity in recent years. In fact, you may not know it but the word “entrepreneur” was coined by an Irishman from the Wild Atlantic Way. Richard Cantillon, born in the coastal town of Ballyheigue, County Kerry, came up with the first known definition of an entrepreneur in the business sense in his French book “Essai”. He defined entrepreneurs as “non-fixed income earners who pay known costs of production but earn uncertain incomes, due to the speculative nature of pandering to an unknown demand for their product”. Would you believe that Cantillon’s definition is from 1730, nearly three hundred years ago? It could have been written just yesterday.

Irish startups from across Mayo are being encouraged to apply for Google’s Adopt a Startup Programme, which this year launches in an exciting new format. The new programme will be eight weeks duration and will focus on Priority Growth Areas, identified by the companies themselves and the Adopt a Startup team in Google, which have a significant impact on a startup’s development and success.

A series of start-up presentations to support Galway’s medical device industry will take place in September.

Two Mayo-based startups were shortlisted in 2017 with one company walking away with gold

Galway startups are being invited to apply for Google’s Adopt A Startup programme which is now open for applications. Successful entrants will attend an exclusive programme of lectures and workshops as well as receiving hands on mentoring from experienced Google employees over a 12 week period. Throughout the programme, the startups will gain insights and knowledge on how to position and grow their companies on a global scale.

Homeowners and SMEs throughout the State are “living in fear” that their loans will be sold to vulture funds, which has raised fears of “mortgage holders being thrown to the wolves if such a sale was allowed to proceed”.

Does your business need a new direction or do you need to change things up a little?