logo
Digital commerce body urges government to provide greater support to help Irish SMEs adopt new AI tech

Digital commerce body urges government to provide greater support to help Irish SMEs adopt new AI tech

Irish Post28-05-2025
A NATIONAL representative body for the e-commerce, digital and tech sectors in Ireland has called on the government to provide greater support for Irish Small and Medium Enterprises (SMEs) to adopt new AI technology.
Digital Business Ireland (DBI) has proposed an allowance that would cover the first year of a business' costs for deploying AI tech.
The organisation has also called for the current digital grant scheme for SMEs to be overhauled after claiming less than €30,000 has been allocated from a budget of more €5m since last September.
"Digital Business Ireland believes the government can do much more to help Irish businesses accelerate their digital transition and adoption of AI," said DBI national spokesperson DP Fitzgerald.
"However, existing supports simply do not go far enough." Invest in tech and training
The proposals, aimed at accelerating the digital transition and the adoption of AI in Ireland, form part of DBI's pre-Budget submission for 2026.
The organisation has recommended an Accelerated Capital Allowance (ACA) for AI technologies that would cover 100 per cent of a business' AI costs in the first year of deployment of such systems.
It suggests the scheme could mirror the existing ACA for green technology and would incentivise Irish businesses to adopt new AI tech to drive greater efficiencies.
DBI also believes that the current digital grant scheme for SMEs is insufficient, with the GrowDigital Voucher only offering grant support up to €5,000.
It says that in a recent Parliamentary Question, the Department of Enterprise confirmed that the voucher had only 13 applications and six approvals since its launch in September 2024.
This amounted to €28,296.50 being given out from a budget of more than €5m allocated at the inception of the scheme.
Meanwhile, DBI has called for Increased investment in skills and training courses to further support AI development.
It has proposed a minimum of 500 places be designated specifically for AI training courses such as Springboard+, which only had 55 places on offer for AI courses last year.
The fourth and final proposal in DBI's submission is the allocation of funding for enhanced advisory and support services for businesses to ensure compliance with digital regulation. Proposals will increase productivity
"Our pre-budget submission proposes tangible and constructive measures to support government's ambition to realise the full benefits of digitalisation, including AI," added Mr Fitzgerald.
"This in turn will increase the productivity of Irish businesses, and ensure their strategic focus is where it needs to be.
"Our proposals are aimed at turbo-charging digital transition and adoption of AI among SMEs — businesses that are the backbone of the Irish economy."
Two weeks ago, Deloitte Ireland also proposed a tax credit for businesses investing in AI and digitalisation in its pre-budget submission.
The firm said it would apply to expenditure related to the reliably safe development, implementation and use of AI and digitalisation.
See More: Digital Business Ireland
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ireland rugby star poses hailed as ‘genuine top bloke' for visit to cafe before closure
Ireland rugby star poses hailed as ‘genuine top bloke' for visit to cafe before closure

Sunday World

time2 hours ago

  • Sunday World

Ireland rugby star poses hailed as ‘genuine top bloke' for visit to cafe before closure

Josh van der Flier 'delighted' the owners of the Galway café during his visit. Irish rugby star Josh van der Flier has been spotted on a visit to a Galway café this week as he stopped to pose with surprised staff. The Steam Café in Clifden were shocked and 'delighted' to receive a visit from the Wicklow-born flanker who was in the county on holidays. The star headed into the Connemara town for lunch on Friday and clearly made a good impression as staff described him as a 'genuine top bloke'. The café, which announced its imminent closure earlier this year, said that Van Der Flier wished them the best of luck on their new health and fitness venture during his visit. Josh Van Der Flier posed with staff at The Steam Cafe PIC CREDIT: Facebook/The Steam Cafe Today's News in 90 Seconds - 18th August Sharing a photo on social media, the caption read: 'Delighted to have @joshvdf in for lunch today. Genuine top bloke wishing us well on our new adventure.' It has been a bittersweet time for the café, whose owners announced the closure of the popular spot on August 4 with a post that read: 'This doesn't feel quite real but we wanted to let you all know that after 22 wonderful years this will be our last season. 'Steam has been our whole life, we have grown so much, built so many amazing friends, had so much fun, learnt so much and enjoyed every moment. 'Thank you to all our wonderful customers and friends a lot of whom have been with us from the beginning. Thank you for supporting and believing in two whipper snapper young ones fuelled with a very hazy vision to build Steam into what it has become today. 'We are beyond grateful. It is really difficult to leave a thriving business but for various reasons it feels like the right time. We have been building a health and fitness business for the last few years so our plan is to develop and expand this. 'The immediate future is two more busy months with us at helm but we felt this was the moment to break the news.'

Marks and Spencer offers discount to Irish shoppers before online store reopens
Marks and Spencer offers discount to Irish shoppers before online store reopens

Irish Daily Mirror

time3 hours ago

  • Irish Daily Mirror

Marks and Spencer offers discount to Irish shoppers before online store reopens

Marks and Spencer has announced a special discount for Irish customers as it prepares to reopen its online shopping service following a cyber attack last year. The retailer confirmed that while its UK website has already resumed click-and-collect orders, Irish shoppers are still unable to buy online. However, Marks and Spencer says a full return of services here is coming "soon". In the meantime, the brand is offering 20% off fashion and home purchases in Irish stores until Wednesday, August 20 as a thank you to customers for their patience. Managing Director of Fashion, Home and Beauty, John Lyttle said: "To our valued Irish customers, thank you for your patience as we continue to work hard behind the scenes to restore our services to you. "We plan to have them all fully back up and running soon. To thank you for your support, customers can enjoy 20% off when shopping in-store on fashion and home. "This can be accessed on our M&S app from Thursday 14 August to Wednesday 20 August. Our stores across Ireland remain open and our colleagues are ready to welcome you." The supermarket stopped taking orders on its website after it was targeted over Easter weekend back in April. Contactless payments in stores were also affected and Marks and Spencer was forced to temporarily shut down part of its IT system. Customer data, including names, email addresses, addresses and dates of birth - but not card or payment details - was stolen in the cyber attack. At the time, CEO Stuart Machin told customers: "I'm writing to let you know that over the last few days M&S has been managing a cyber incident. To protect you and the business, it was necessary to temporarily make some small changes to our store operations, and I am sincerely sorry if you experienced any inconvenience." The supermarket has advised shoppers to take extra caution if they are contacted by someone who claims to be from Marks and Spencer. Customers are also being prompted to change their password if they've yet to log in to the Sparks app following the hack. The cyber attack is expected to cost the company around £300million (€350m). Last month, Mr Machin had said Marks and Spencer expected operations to be running fully again by August. Speaking to shareholders at the retailer's annual general meeting, he said: "Since these attacks took place, specialist NCA cybercrime investigators have been working at pace and the investigation remains one of the Agency's highest priorities. Today's arrests are a significant step in that investigation but our work continues, alongside partners in the UK and overseas, to ensure those responsible are identified and brought to justice. "Cyber attacks can be hugely disruptive for businesses and I'd like to thank M&S, Co-op and Harrods for their support to our investigations. Hopefully this signals to future victims the importance of seeking support and engaging with law enforcement as part of the reporting process. The NCA and policing are here to help." Subscribe to our newsletter for the latest news from the Irish Mirror direct to your inbox: Sign up here.

AIB to pay 55,000 customers amid fresh tracker mortgage controversy
AIB to pay 55,000 customers amid fresh tracker mortgage controversy

Irish Examiner

time6 hours ago

  • Irish Examiner

AIB to pay 55,000 customers amid fresh tracker mortgage controversy

The Central Bank of Ireland has said it is engaging with AIB after the lender confirmed plans to apologise to more than 50,000 customers amid a fresh controversy regarding its portfolio of tracker mortgages. AIB said it will write to 55,000 customers before the end of the month to address the pace at which it has passed through rate reductions implemented by the European Central Bank (ECB). It is understood that 35,000 mortgage accounts have been impacted, all of which were previously owned by Ulster Bank before it exited the Irish market. In January 2023, AIB was cleared to acquire a portfolio of performing tracker mortgages from Ulster Bank worth €5.7bn. AIB previously said it expected to generate about €90m of total income from the portfolio on an annualised basis. Before the loans were acquired by AIB, tracker mortgage customers saw interest rates updated in response to ECB rates at a significantly faster rate than they are now, prompting some customers to complain about the length of time rate cuts are currently passed through. AIB, which uses credit servicing firm Mars Capital to administer its former Ulster Bank portfolio, said it will make a once off "goodwill payment" of €75 to affected customers, which will amount to €2.6m in total. It added that it will credit customers' mortgage account for any difference in interest paid due to differing approaches from the time their accounts moved to AIB to now. A spokesperson for the Central Bank of Ireland said it is aware of the issue and is engaging with AIB, adding that customers should contact AIB directly if they have any queries regarding their mortgage products. An AIB spokesperson said: "We will be writing to tracker mortgage customers from the 29th of August whose accounts transferred to AIB from Ulster Bank to explain our approach to how ECB interest rate changes are applied. "This approach is the same in both a rate increase and decrease scenario and is in line with the customer's agreement with us but is different to Ulster Bank's approach. Customers have not been overcharged. "We are sorry we did not communicate this change in approach sooner and to acknowledge this, we are making a once off goodwill payment of €75 and crediting the customer's mortgage account for any difference in interest paid due to the differing approaches from the time their account moved to AIB to now. "Exact details will be communicated in the letter that each customer will receive and no action is required by customers.' It's understood that AIB's approach means that when rates are falling, customers incur a cost compared to their previous arrangement with Ulster Bank. However, this approach remains in line with customers' mortgage agreements. In June last year, AIB paid €3.3m in "goodwill payments" to apologise for "teething problems" that affected almost 33,000 former Ulster Bank tracker mortgage customers who had since transferred to AIB. A year before that, AIB was hit with a record fine of €83.3m for its role in the tracker mortgage scandal, having admitted to 57 separate regulatory breaches. The fine was separate from the more than €125m that AIB has been required to pay to date in redress, compensation and account balance adjustments to impacted customers, including as part of the Central Bank's Tracker Mortgage Examination.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store