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Innovate for success: how can we solve Northern Ireland’s productivity problem?

In today’s fiercely competitive global marketplace, productivity is vital for business survival. Businesses with higher productivity levels and lower costs per unit of output are more competitive in both domestic and international markets. 

Productivity is also crucial for wider economic prosperity. A country with higher productivity usually has more export potential, job creation, and sustainable growth.

Northern Ireland lags behind the UK and the Republic of Ireland’s productivity levels. According to the Productivity Institute’s ‘NI Productivity 2040’ insights paper, the failure to

Invest Northern Ireland: helping firms seize opportunities in the global green economy

Northern Ireland is uniquely positioned to become a global leader in green manufacturing, technology, services, and supply chain innovation. Rachel Sankannawar, Head of Green Economy Development at Invest Northern Ireland, explains why businesses should embrace the green economy and how Invest NI is helping them succeed.

Joe Kennedy III has left a lasting legacy for Northern Ireland

In the spirit of Thanksgiving and as his tenure as US Special Envoy for Economic Affairs draws to a close, Invest NI’s Director of Trade & Investment, Anne Beggs writes in the Irish News about Joe Kennedy III’s catalytic impact on businesses right across Northern Ireland and laying the foundations for a legacy of growth opportunities.

Supporting the growth of NI's food and drink sector

John Hood, Invest Northern Ireland’s Director of Food & Drink reflects on a challenging year for businesses and provides a flavour of how the agency will continue to support the sector in 2020.

Graduate to Export | Graduates on track for success

The Graduate to Export programme for international marketing students was recently launched. The programme allows Northern Ireland companies to enhance their export capability with a graduate assisting them with a market research project. As part of the programme we will be following the stories of three of the graduates to get an insight into their experiences.

Rising to the COVID-19 challenge

In the first of a two-part feature, we look at how NI companies are taking huge steps to help the fight against COVID-19.

Understanding the impact of COVID-19 on our sectors

The sudden contraction of export markets, loss of supply chain and government decisions to lockdown whole countries and close all but essential businesses has sent shockwaves through economies right around the globe as COVID-19 has moved from continent to continent.

Make savings through energy and resource efficiencies

The immediate global impact of COVID-19 on businesses has been huge, both financially and operationally. It has caused disruptions to global and local supply chains, including the supply of essential raw materials and energy. 

 

Singapore: your gateway to Asia

In recent months, much of the world has had travel and business restrictions in place in the fight against COVID-19.  Countries in Asia were among the first to go into lockdown, and are now amongst the first to emerge. As the restrictions ease and Asia moves to a ‘new-normal’ there are business opportunities for Northern Ireland companies to expand in the region.

Investing in SME Innovation

COVID-19 has brought many challenges, but there are also opportunities and some Northern Ireland SME businesses are looking to take advantage of this.

Queen’s Awards recognises NI’s business excellence

This year, I had the opportunity to sit on the panel for the Queen’s Awards for Enterprise. Now in their 54th year, the Queen’s Awards are considered by many as the highest UK official award for businesses and are awarded for outstanding achievement in the categories of innovation, international trade, sustainable development and promoting opportunity through social mobility.

2020 – A year of change for NI businesses

In the 2020 edition of the Belfast Telegraphs "Top 100 Northern Ireland Companies" Kevin Holland comments on how 2020 has been a year of change for NI businesses.

Preparing for EU Exit – Trading Goods

The trading environment for many NI businesses will change from 1 January 2021 as a result of the end of the EU Exit transition period. Whilst many points of detail have still to be confirmed, a clearer picture is starting to emerge.

Preparing for the EU Exit: Trading Services

Leaving the EU Single Market means that there will be changes in how cross border trade in services will be conducted. 

The issues for services trade have not had as much focus as goods trade. In this feature, we highlight some of the common issues which services businesses need to consider and act upon in the weeks ahead.

Upscaling potential of Northern Ireland start-ups

Northern Ireland’s tech start-up sector has seen significant growth in recent years, particularly in the fields of Fintech, cyber security, health tech and more. We recognise the importance of maximising and supporting this growth so that start-ups can rapidly scale in global markets. In light of COVID-19, this is particularly important.

Preparing for EU Exit: Trade Agreement Continuity

Trade agreements set out preferential rules that cover trade between two or more countries. They aim to make trading easier between those countries by reducing barriers on imports and exports of goods and services.