Technology, Media & Telecoms
Your business, like our business is complex and highly susceptible to change. You can benefit from the knowledge and experience of our dedicated technology, media and telecoms Sectors team and Local advisors who will work to support your business achieve its ambitions. They support staff by providing strong, objective financial and technical analysis of individual businesses as necessary. Please come and talk to us so we can help you on your journey.
Option 1Available Mon-Fri 9am to 5pm
With the evolving COVID-19 situation we are aware many businesses and households are facing disruption. Our aim is to continue to support you through this situation and we encourage you to contact us as soon as possible if you need advice or support. We will remain flexible in our response as the situation evolves and we will keep you updated on the range of tailored solutions for both our business and personal customers.
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Talk to us at your local branch, online at aib.ie and over the phone.
Enabling Global Trade
Whether already established in foreign markets or just beginning to expand abroad, our range of export services make it easy to trade internationally.
In AIB we are actively supporting our customers to prepare for Brexit.
That’s why we are partnering with the Strategic Banking Corporation of Ireland (SBCI) in the new €300m SBCI Brexit Loan Scheme.
SBCI Brexit Support Loans are available to viable businesses who are Brexit impacted and meet the Scheme criteria which is detailed on the SBCI website.
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We are interested in hearing more about your technology business. To find out how AIB can assist you, contact:
Business Reports / Articles
Other Sources of Finance
Please note that the provision of this product or service does not require licensing authorization or registration with the Central bank of Ireland and as a result it is not covered by the Central Bank’s requirements designed to protect consumers or by a statutory compensation scheme.
AIB Equity Investments supporting the technology, media and telecoms sectors
AIB has invested over €170m into a number of equity funds to support seed and growth investment across the Irish market”.
(1) the AIB Seed Capital Fund and
(2) the AIB Start Up Accelerator Fund 2.
Both funds are set up with the support of Enterprise Ireland and managed independently of the bank and Enterprise Ireland by a team of professional fund managers.
(4) the Frontline Ventures Fund I & II
(5) the Atlantic Bridge Fund III
More information about venture capital funds operating in Ireland is available from the Irish Venture Capital Association.
Business angels are private investors who invest smaller amounts of finance in early stage companies. In Ireland, there is a national Business Angel Partnership network to bring together the private equity activities of Enterprise Ireland, InterTrade Ireland and the Irish Business and Innovation Centres by matching private investors with pre-screened investment opportunities in start-up, early stage and developing businesses. More information on business angels is available from The Halo Business Angel Partnership.
Tax Relief Incentive Schemes
Currently there are two tax relief incentive schemes:
(1) the Seed Capital Scheme and
(2) the Employment and Investment Incentive Scheme
The Seed Capital Scheme provides for a refund of tax already paid by an individual, when that individual sets up and takes employment in a new qualifying business. The Employment and Investment Incentive Scheme provides tax relief for investment in certain corporate trades.
For more information check Revenue.
Microfinance Ireland has been funded by the Irish Government to provide loans to newly established and growing micro-enterprises across all industry sectors that do not meet the conventional risk criteria applied by banks. In the first instance, you should approach your bank for credit. In the event that credit is declined, you are eligible to apply to Microfinance Ireland for a loan.
Microfinance Ireland works in partnership with the Local Enterprise Offices who can assist with training and guidance in preparing your business plan. They will also conduct an initial evaluation of the quality of your business proposal for a loan application.
Established in 2012, Microfinance Ireland is now open for business and accepting qualifying applications. The company offers loans to viable businesses that have been declined for credit by a bank and are seeking up to €25,000.
Some of the links above bring you to external websites. Your use of the external website is subject to the terms of the site.