Tips of the Month - January 2021 This edition of our "Tips of the Month"…
New Irish business networking initiative launched
Milner Browne is helping to support a new non-profit organisation that aims to bring together businesses in Ireland and Scotland.
The Irish Business Network in Scotland (IBNS) has got backing from both respective governments and has been established during a period of unprecedented trade growth between both nations.
Colm Moloney, Founding Chairman at IBNS, says the new scheme aims to encourage organisations and entrepreneurs in both countries to “explore the opportunities on the other side of the water.”
It’s estimated that Scottish exports to Ireland are worth approximately £1.125bn. That figure increases to around £2.5bn when calculating Irish exports to Scotland. Trade links between the two countries are estimated to support around 6,000 jobs.
Irish Minister for Public Expenditure and Reform, Paschal Donohoe TD, who helped to launch the initiative at Edinburgh Castle, said the new scheme would build on existing partnerships between Ireland and Scotland.
“The establishment of the Irish Business Network is further evidence of the already cooperation that exists between Ireland and Scotland at so many levels. The Network will provide an opportunity to bring together businesses from the two countries for their mutual benefit. The Irish Government is especially keen to foster such links.
“As Minister for Public Expenditure & Reform I also have a special interest in the opportunities for cooperation provided by the EU-funded INTERREG Programme between Scotland, Ireland and Northern Ireland which will see more than â‚¬280 million invested in the region for the period 2014-2020.”
IBNS is now actively recruiting new members to join the scheme from Ireland and Scotland.
It has outlined three main objectives it will aim to achieve. These include improving communication and connectivity between organisations; to provide a forum for individuals or organisations looking to trade in either country; and, to form a two-way platform for engagement at the top level of business.
Amongst the group’s directors includes David Greenlees, General Manager for Milner Browne in Scotland.
To find out more about IBNS please get in touch with David here.