Stakeholder Management and Innovation for Irish subsidaries of Multinationals

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Finpro is Finland's official trade and investment promotion organization. It has over 65 offices in 48 countries and helps Finnish companies identify business opportunities and accelerate their international growth. Some key challenges for Finland's economic growth include heavy reliance on exports to slow-growing European markets and low levels of foreign direct investment. Finpro assists Finnish SMEs in particular to internationalize earlier and access new global markets. It also works to attract high-value foreign investment to Finland to stimulate the economy and bring global business networks and expertise. Finpro's global network provides local services and connections to support Finnish companies' market entry and establishment abroad.

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The Challenges Faced by SMEs as They Grow

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This document discusses innovation support available for Northern Ireland businesses, including a new Fast Track to Innovation program. It outlines Invest NI's role in partnering with businesses through the innovation process and investing over £100m in innovation projects in the last 5 years. Options for driving business R&D are presented, including working directly with businesses through grants, and in collaboration with other organizations. Benefits for SMEs participating in collaborative R&D projects are listed. The support ecosystem in Northern Ireland is depicted, and upcoming funding opportunities and a case study of ProAxsis Ltd are briefly mentioned.

UKTI Innovation Gateway

roywilliamson5

UKTI can help innovative UK projects pitching to sovereign wealth and pension funds by providing tailored pitchbooks and introductions to institutional investors. The UK is seen as a global leader in innovation but needs to improve commercialization. UKTI's Innovation Gateway aims to attract larger investments from these funds by matching them with investment-ready science and technology projects seeking £20M or more. Projects should have commercial viability, address global markets, and offer financial returns to investors.

The document discusses the International Integrated Reporting Council (IIRC), which was established in 2010 to develop a framework for integrated reporting. It is supported by accounting and sustainability organizations. The IIRC has established pilot programs and published discussion papers on integrated reporting. The framework provides guiding principles for integrated reports, including strategic focus, connectivity of information, and materiality. It discusses the role of accountants in integrated reporting, such as providing education, preparation, and assurance services.

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University of Cape Town Graduate School of Business and the Bertha Centre for Social Innovation and Entrepreneurship's Dr Stephanie Giampocaro and Dr Francois Bonnici unpack the results of the 2014 African Investing for Impact Barometer. The Barometer depicts the spectrum of investors in Africa who seek to combine financial returns to help make a positive impact on society and the environment. It acts as a lens in which to view the fast-growing Investing for Impact (IFI) market in the two countries surveyed. Research for 2014 reveals that there’s been a significant boost in the IFI market in South Africa and Nigeria, both countries have indicated a 41% and 31% respective make up in IFI funds. * Dr Stephanie Giampocaro is research director, barometer director and a senior lecturer at the University of Cape Town Graduate School of Business. Her research explores how responsible, sustainable and impact investment concepts and activities are implemented in developed and emerging economies. Her academic theoretical roots are market sociology and anthropology, social studies of finance and economic sociology. * Dr Francois Bonnici is the director of the Bertha Centre of Social Innovation and Entrepreneurship. He has been trained as a medical doctor and holds a Masters degree in Public Health, as well as an MBA. He is also a senior lecturer at the Schwab Foundation for Social Entrepreneurship.

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The CIT Access Service supports underrepresented groups like students with disabilities, mature students, those from socio-economically disadvantaged backgrounds, and minority ethnic groups. It provides pre-entry, entry, and post-entry supports through services like the Disability Support Service and programs for mature and linked school students. New developments include participation in the HEAR program starting in 2019 to support students from disadvantaged backgrounds.

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Cluster management in tourism can work by bringing together different actors like small businesses, freelancers, researchers, and designers. Successful clusters have a dedicated strategy, strong governance, and provide value through information sharing, human resources, and innovation creation. Cluster management should focus on identifying competencies and innovation opportunities, generating and evaluating new ideas, initiating collaborative projects, and promoting results. Key factors for effective cluster management include emerging from cooperation between stakeholders, sustainable financing, management skills, demand-oriented services, and clear targets.

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Finnfund has made positive investments in Nigeria, including in a steel mill and bank. Finnpartnership provides grants and matchmaking services to support business partnerships between Finnish and developing country companies. It has provided grants for two ICT and shipbuilding projects in Nigeria totaling €175,000. Finnpartnership advises Finnish companies and connects them with partnership opportunities in developing countries like Nigeria.

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ACG European Capital Tour: Introducing ACG

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This document discusses cluster development strategies in Botswana, Colombia, South Africa, and Ireland. It proposes a project for international knowledge sharing between these countries. The project would involve research teams analyzing clusters in each partner region and sharing results. Staff from each country would then visit Ireland for workshops comparing regional economic development and cluster analysis results. The goal is to benchmark best practices for supporting competitiveness through industry clusters.

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This document summarizes a Nordic-European Public Investor Workshop held in Stockholm, Sweden on November 23, 2011. The workshop aimed to share experiences on tools and models for public investing to increase efficiency. Public initiatives are vital for developing venture capital markets, as no markets exist without public involvement and support. Nordic Innovation's current initiatives include the Nordic Seed Capital Initiative now in execution, and the Nordic-European Public Investor Initiative also now in execution. The workshop provided an opportunity for participants to learn more about Nordic Innovation's efforts to develop a well-functioning Nordic risk capital market.

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We had a great turnout on 11th February at Business in the Community Ireland's first Member Network Meeting of 2014, kindly hosted by KPMG, at their offices in 1 Stokes Place, St. Stephen’s Green, Dublin 2. The topic of discussion at the meeting was how can companies communicate their long-term value to shareholders and to society. You can find the slides in the link provided. If you have any questions on what was discussed please feel free to leave a comment and start the conversation! Was there anything from the event that resonated with you that you would like to share with the group?

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