Doing business in Ireland? Need funding?

The following funds are available for entrepreneurs and small businesses based in Ireland:

Located in Dublin?

Dublin City Enterprise Board have received extra funding towards job creation. Up to €7,500 is available per new full-time employee hired before the end of 2011.

Got a great idea for a social enterprise?

This year, GUINNESS® is investing €650,000 in Ireland’s social entrepreneurs. Applications to the Arthur Guinness Fund can be made until 5pm Wednesday, 30 November 2011.

Not yet arrived in Ireland but waiting for an excuse?

Enterprise Ireland has launched a new €10 million Fund to attract entrepreneurs to set-up or relocate to Ireland. More information is available at €10m Fund for International Start-Ups. Check case studies »

Do you know of any other fund that is not tied to a specific bank? Please comment and share your knowledge.

BitCoins – a crypto-currency

BitCoins are a highly interesting topic, from a business perspective and leave room for some questions and assumptions. For now I just wanted to post some links.


Q. What is Bitcoin?

A. Bitcoin is a peer-to-peer currency. Peer-to-peer means that no central authority issues new money or tracks transactions. These tasks are managed collectively by the network.

Q. How does Bitcoin work?

A. Bitcoin utilises public-key cryptography. A coin contains the owner’s public key. When a coin is transferred from user A to user B, A adds B’s public key to the coin, and the coin is signed using A’s private key. B now owns the coin and can transfer it further. A is prevented from transferring the already spent coin to other users because a public list of all previous transactions is collectively maintained by the network. Before each transaction the coin’s validity will be checked.

Here is where you can buy and sell:

Here is more on the “Mega-Hack” Inside the Mega-Hack of Bitcoin: the Full Story

A list of places that accept bitcoins:

Here is an interesting discussion on the legal side

What do you think? Leave a comment to let me know your opinion. Are you going to make your own BitCoins? Are you thinking about accepting them for your services and products?