Tagged: northern ireland

Northern Ireland based Small Businesses Are Increasingly Using External Finance – Report

The British Business Bank has released a new report showing that 56% of smaller businesses in Northern Ireland are using external finance. The report, entitled, Northern Ireland SME Access to Finance Report, shares key insights about small businesses operating in the area. 📢Out today, our… Read More

British Business Bank Introduces £70M Investment Fund for Northern Ireland

The British Business Bank launches a new £70million commitment to support smaller businesses from all sectors right across Northern Ireland. The Investment Fund for Northern Ireland (IFNI) aims “to drive sustainable economic growth by supporting innovation and creating local opportunities for new and scaling businesses… Read More

UK Property Development: Northern Ireland Housing Executive Invested £32M+ into Building Social Homes in North East of Country

The Northern Ireland Housing Executive (NIHE) has reportedly invested more than £32m into building more than 400 new social homes in the north east of the country last year, the team at UK’s Blend Network has noted. Blend Network, a development finance lender, says it’s… Read More

Cybersecurity Centre in Northern Ireland Gets UK Government Backing

Northern Ireland (NI) Office Minister of State Steve Baker has announced £18.9 million investment in NI’s cyber security industry at Queen’s University Belfast’s (QUB) Centre for Secure Information Technologies (CSIT). This includes £11 million funding from the New Deal for NI. The investment will “see… Read More

Bank of London Welcomes Economy Minister to its Northern Ireland Office

The Bank of London, which claims to be the first purpose-built global clearing, agency, and transaction bank, welcomed Economy Minister Gordon Lyons MLA “to mark the opening of its new Northern Ireland Headquarters, based in the landmark Soloist office at Lanyon Place in Belfast.” During… Read More

Assetz Capital Says they’re Providing Funding to Northern Ireland Market, where Mainstream Lenders are Not Meeting Requirements

Morgan McCandless, Relationship Director at Assetz Capital, a marketplace lending platform originating secured loans, reveals that he re-joined Assetz in June of this year, having previously worked on the Northern Ireland portfolio as a consultant, before the COVID outbreak. As a Relationship Director covering Northern… Read More

Ireland’s P2P Lending Platform Linked Finance Claims it has Received Record Levels of Interest from SMEs looking for Government-backed Loans

Ireland-based Linked Finance, a peer to peer lending platform, has reportedly received record levels of interest from SMEs that are looking for government-backed loans. After recently being approved to serve as a Coronavirus Credit Guarantee Scheme (CCGS) provider,  Linked Finance claims it has received a… Read More

Northern Ireland has One of the Highest Concentrations of Fintech related Employment in the UK: Report

Whitecap Consulting has released a new report titled, Northern Ireland Fintech Ecosystem Report 2020. It reveals that the region has a population of almost 1.9 million with over 36,000 professionals employed in the financial services or technology sectors. There are at least 74 tech firms… Read More

HM Treasury Appointed Fintech Envoy to N. Ireland, Andrew Jenkins, Predicts Financial Tech Sector to Create Many New Jobs

Andrew Jenkins, the HM Treasury appointed Fintech Envoy for Northern Ireland, has argued that the financial technology industry could help create many new jobs in the next few years in Northern Ireland. While speaking to the Stormont Economy Committee on Fintech in N. Ireland, Jenkins… Read More

Director of UK-based Analytics Firm Arity Andrew Jenkins Appointed New Fintech Envoy for Ireland

Andrew Jenkins, director of UK-based mobility data and analytics firm Arity, has been appointed (on October 4) as the new Fintech envoy for Northern Ireland. The appointment has been made by John Glen, the Economic Secretary to the Treasury. Glen stated: “Fintech is vital to… Read More

Queen’s University Scientists Unveils Crowdfunding Platform Dedicated to Northern Ireland Cancer Research Projects

A group of Queen’s University scientists announced this week the launch of their crowdfunding platform, ResearchFunderNI, which is dedicated to raising funds for various cancer research projects in Northern Ireland. ResearchFunderNi revealed it has partnered with cancer and medical research charities to collect funding for… Read More

London’s Workspace Startup Spacehop Seeks £120,000 on Crowdcube to Continue Expansion

Spacehop, a London-based startup that’s considered to be known as the “airbnb for workspace,” has launched an equity crowdfunding campaign on Crowdcube to raise £120,000 goal in return for 10.71% equity. Spacehop provides a new and unique opportunity for people to share their homes or… Read More

Why we have to bank on private funding to kickstart our economy (UK)

Another day another venture capital deal, would be a great phrase to be repeating on these pages but sadly, there’s not much call for it at present. However, there are a few more deals like the one to the left appearing and with the enthusiasm… Read More

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