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Enhanced Credit Guarantee Scheme is good for small business

 

Waterford Chamber has today (21st March 2017) welcomed the announcement of the new Credit Guarantee Scheme 2017 by Minister for Employment and Small Business, Pat Breen TD.

 

Commenting on the new Scheme, Nick Donnelly, CEO Waterford Chamber said, “The announcement of the new and enhanced Credit Guarantee Scheme is good news for Irish business and will increase the vital support needed to access finance for SMEs.  The announcement of the new Scheme comes at a good time as accessing the finance needed to expand and plan for growth is more important than ever for Irish SMEs as they face the challenges of planning for Brexit, identifying and accessing new and alternative export markets and utilising a wider range of trade finance instruments appropriate for different markets.”

 

“The reforms to the Credit Guarantee Scheme will hopefully address access to finance issues facing many  small businesses  by extending the definition of loan agreements to cover invoice finance and overdrafts and will allow SMEs greater flexibility in borrowing; all measures to be welcomed.”

 
Chamber President welcomes city centre investment

 

Laurent Borla 0037

Following the announcement that Saudi Arabian investment group, Al Hokair, will be investing in the region of €300 million in the city, Waterford Chamber President Laurent Borla said: "It’s being described as a game changer for Waterford and there is absolutely no doubt about that. This will be the largest commercial development Waterford has ever seen. Our city will be unrecognisable in a short period of time and it is a remarkable show of confidence in Waterford and the wider region that Al Hokair have chosen to invest here.

 

"Waterford City & County Council, along with their advisors, must be commended for securing this transformational investment. What it will mean in terms of job creation, commercial and retail investment, population growth and economic prosperity is hugely significant and positions Waterford as a true regional capital, driving a much stronger South East region.

 

"Waterford has been clear and vocal in outlining its vision for the city in terms of the 2040 National Planning Framework and this will motivate us even more to be a city of consequence with a population of 100,00 people and a vibrant city centre. Our aspirations for Waterford are now achievable and there is no question that Waterford and the South East Region has a bright and prosperous future."

 
Irish business can set a standard for best practice corporate social responsibility

 

Chambers Ireland CSR Launch 1

 

Chambers Ireland today (09/03/17) launched the Corporate Social Responsibility Awards 2017 in the Guinness Storehouse. The CSR Awards offer the business community a chance to promote and highlight the best practice CSR activities taking place in companies of all sizes across Ireland. The Awards showcase projects that help to improve the workplace for the benefit of employees, that engage with and help to improve the communities in which business operate and that are environmentally responsible.

 

Speaking after the launch, Waterford Chamber President, Laurent Borla said, “The growth of the CSR Awards over the past fourteen years represents the increasing importance that responsible company practices, community engagement and workplace environment holds in the strategies of Ireland’s businesses. Given the current direction of global political and economic discourse it is more important than ever for Ireland to showcase strong commitment to the Sustainable Development Goals. The business community has a vital role to play in the realisation of the Global Goals. Through focussing on sustainability and social responsibility the Irish business community can differentiate itself from international competitors by setting a standard for responsible business and best practice CSR.”

 

Tina Roche, CEO Business in the Community Ireland said, “The achievement of the Sustainable Development Goals requires a new partnership model between stakeholders such as business, academia, civil society and government. The Goals call for business to apply its creativity and innovation to solving the world’s economic, social and environmental challenges. Companies in Ireland need to showcase the impacts they are already having in these areas so we encourage companies of all sizes and all sectors to enter the Awards and communicate their positive impact.”

 

The launch of the fourteenth annual CSR Awards took place in the Guinness Storehouse. ESB were winners of the 2016 Outstanding Achievement in CSR Award for the commitment to CSR practices that are embedded at are embedded at the company’s core and for the organisation’s ongoing dedication to community engagement. The awards are kindly sponsored by BAM Ireland and run in association with the Department of Housing, Community and Local Government and in partnership with Business in the Community Ireland. The applications are now open online at www.csrawards.ie. The closing date for nominations is Thursday 20th April 2017.

 

2017 Award categories include: Excellence in Environment, Community (divided into Charity, Volunteering and Community Programme), Workplace, Marketplace, Supporting Youth Employment, CSR Communication, Best SME and the overall Outstanding Achievement in CSR Award.

 
Time to connect at Waterford Chamber Business Expo

 

Business Expo 2017 launch

 

The Waterford Chamber Business Expo is back for the fourth year and will be bigger and better than ever.

 

Sponsored by BMCI Insurance & Investments Ltd., the Expo will take place in Audi Waterford on Thursday, April 6th from 4.30pm to 7.30pm and is free to attend.

 

Following on from the success of last year’s event, Waterford Chamber is guaranteeing even more exhibitors this year, with even more fun and lots of promotion for its members.

 

‘The Ultimate Business After Hours’ is the perfect opportunity to network, generate sales leads and support local enterprise, whether you decide to exhibit or not.

 

The Expo will have a number of interesting features – WLR will be broadcasting live, cocktails are being served by The Reg, free tea/coffee and snacks will be provided by Musgrave Marketplace and the Waterford Employer Network will be on hand to offer free advice and support around training and development, employment incentives and recruitment.

 

Speaking about the event, Waterford Chamber President Laurent Borla said: “This event is one of our favourites of the year. It gives us the chance to meet with our members in a relaxed and fun environment and yet behind all that, there is some serious business done. Contacts are made, deals are done and of course discounts are offered. There’s no sitting down allowed – it’s all about meeting new people, doing business and enjoying an afternoon away from the office. We would encourage all business people to stop by on the day and make the most of the Expo experience.”

 

Sponsor Teresa Jane O’Mahoney of BMCI Insurance and Investments Ltd. said: “We are delighted to be associated with this event for the fourth year running. It goes to the very heart of what BMCI is about, working with our business peers to create a better, safer and more successful working environment. As an SME, this is a fantastic opportunity for us to connect with other businesses and generate sales leads and we would encourage all our fellow Chamber members and the wider business community to do the same.”

 

The Business Expo is open to both Chamber members and non-members to attend and exhibition stands are just €50+VAT for members or €200 + VAT for non-members.

 

For more information, see www.waterfordchamber.ie or call Lynda Lawton on 051 311130.

 
Estonian Ambassador visit to Waterford

 

Estonian Ambassador 1

 

Waterford Chamber was delighted to host Estonian Ambassador to Ireland H. E. Mrs Kristi Karlsohn this week.

 

The visit began with a breakfast meeting with Waterford Chamber President Laurent Borla, CEO Nick Donnelly and former President Redmond O'Donoghue, followed by a visit to House of Waterford Crystal. From there it was on to Fumbally Exchange and a walking tour of the Viking Triangle and Medieval Museum with Eamonn McEneaney.

 

Following a working lunch with Mayor of Waterford City & County, Cllr. Adam Wyse; Head of Economic Development Lar Power, Billy Duggan, Waterford Council and Chamber representatives, it was off to Waterford FC to meet newly signed Estonian player Sandar Puri, who kindly signed and presented the Ambassador with a Waterford FC jersey for her 12 year old son. The day concluded with meetings at WIT and Sanofi Genzyme.

 
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Calendar of Events 2017

 

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