Just 6pc of Irish businesses can be defined as leaders in innovation, despite the majority believing that their company already has “a vibrant culture of innovation”.
Dundalk-based Aqua-Nu Filtration Systems says it is considering an appeal after the Tax Appeals Commission backed a Revenue ruling refusing tax relief for some of its investors under the Employment Investment Incentive (EII).
Eddie O’Connor’s power transmission technology firm, SuperNode, has raised an additional €16m in funding from the entrepreneur and its Norwegian co-owner.