How local startup 24Tees used crowdfunding to get their business off the ground…

Two months back, myself and another student at Ulster University launched a crowdfunding campaign, successfully raising £6000 to get our business off the ground. Since then we’ve launched the business in full and are seeing it grow every day. It’s given us more than a few sleepless nights from its conception to now, but it’s undoubtedly been a great learning experience. My friend-turned business partner originally had the idea back in November of last year. He subscribed to a popular …

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Amid all the political gloom, hundreds of new tech startups are quietly creating jobs, boosting exports and revitalising our economy…

I’m a Nolan addict. There, I said it. Recently Nolan Live clipped off an interview with Shaun Woodward where the former SoS spoke of the potential for Northern Ireland to return to violence if Stormont doesn’t get it together over welfare reform. Here’s that 28-minute interview with  Shaun Woodward in full: listen to ‘Ex-Secretary of State sounds violence warning over Stormont crisis #BBCNolan’ on audioBoom Nolan followed this up on his radio show the next day, asking ‘what if Stormont …

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More jobs is better than than more new start ups…

What Northern Ireland really needs, says Jeff Peel, is more new jobs in private industry, not just more new start ups: Trade is good. Trade allows people to build business expertise. If people can build income by selling on eBay or at their local flea market – that’s good business.  Because business is only good or bad on the basis that it creates profit and provides sufficient return to its founders. But there is a received wisdom that creating a …

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Job Creation : The importance of startups

Interesting report from the Kauffman Foundation on job creation by startups in the USA and it’s importance. The oft-quoted American sports slogan, “Winning isn’t everything. It’s the only thing!” could well be attributed to the economic importance of firm formation in creating jobs. A relatively new dataset from the U.S. government called Business Dynamics Statistics (BDS) confirms that startups aren’t everything when it comes to job growth. They’re the only thing. Policy makers take note – Job growth is driven, …

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