Waterford Chamber outlines support for Technological University


The Governing Body of WIT has announced the suspension of all activities relating to its merger with IT Carlow following their meeting yesterday (21st Oct. 2014).


Commenting today (22nd Oct.) on this development, Nick Donnelly, Chamber CEO said, “Waterford Chamber is committed to a Technological University for the South East and we very much recognize the positive impact that a Technological University would have in terms of Waterford directly, as well as the South East region.


“WIT contributes in a significant way to the economic vibrancy here in Waterford and remains committed to a Technological University. However, as the Taoiseach recently commented when questioned on the process, he made it very clear that it was a demanding process and that key criteria must be met in order to achieve Technological University status. So, it is important at this time in Waterford that we fully support WIT in this process and recognise that in making difficult decisions they must ensure that the key criteria & standards for TU status are ultimately achieved in the shortest possible timescale.”

Annual Dinner 2014


EYFriday, 21st November at the Tower Hotel. Tickets €100 inc. VAT.


The evening will include:

Drinks Reception, sponsored by McDonald, Dwyer, Reddy & Byrne Insurances Ltd

Dinner followed by Dinner & Entertainment

Dress Code: Black Tie


Further details to be announced in due course. Sponsored by EY.


BOOKINGS: Call 051 872639 or email  This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Employment Services Breakfast Briefing


The Department of Social Protection, in association with Waterford Chamber, will host an information session which will be of benefit to employers in both the private and public sectors. It will give an outline and explain the employment services available to employers such as the recruitment service, European Employment Services (EURES), JobBridge – The National Internship Scheme, etc. It will also give an overview on the workings of the new financial incentive Jobs Plus.


Date: Wednesday, 22nd October 2014

Time: 8.00-10.00am

Venue: Viking Hotel Waterford

Cost: Free of charge


BOOKINGS: Call Sean at 051 872639 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Chamber in discussions with Tramore Tourism


At their recent AGM, Tramore Tourism agreed to form a new entity in Tramore which expands the scope of the organisation going forward. As part of this process, Waterford Chamber has been in discussions with the Tramore Tourism committee with a view to building a model which combines the efforts of both organisations in Tramore and establishing a new Governance structure which is appropriate for the future. In this regard, a new limited company will be formed and a Board of Directors will be appointed before the year end.


The objectives of the new organisation will be focused on developing and improving Tramore’s economic prosperity and to guarantee a sustained vibrancy which ensures that all stakeholders in Tramore are working in a cohesive and collaborative manner. Following the Local Authority reform in Waterford, the timing for the emergence of a more dynamic and representative organisation is appropriate for all concerned and the potential to make a difference is significant.


The Board of Waterford Chamber is committed to working with Tramore Tourism over the coming months and to ensure that the delivery of the new organisation is in place and functioning by the start of next year. Commenting on the initiative, Chamber President, Dr. Derek O’Byrne said, “We have been working closely with Mary Daniels and her team at Tramore Tourism and we believe there is a significant opportunity to launch a new organisation which will make a difference in Tramore. The feedback from the recent AGM has mandated the steering group to focus over the coming months on what needs to be done in order to deliver on the timelines which are challenging but realistic and Waterford Chamber will play it’s part.”


We will keep our members updated over the next few months.

Reduced income taxes a boost for consumer confidence

More direct action required to support SME and jobs growth

Waterford Chamber has today (15/10/2014) welcomed the Government's decision to commence income tax reductions but an opportunity to do more to help SMEs create jobs has been missed.


Speaking this morning, Nick Donnelly, CEO of Waterford Chamber said, “The Government’s commitment to reducing personal taxes will improve consumer confidence which will in turn contribute to economic growth. However, there was little else in this budget to encourage most job creating entrepreneurs. Last week’s National Policy on Entrepreneurship gave a strong signal that Government understands the need to improve the cultural perception of entrepreneurs as job creators, not as easy sources of excessive taxation. The reality is that SMEs and entrepreneurs create employment and we must do more to support them if we want to continue to reduce our unemployment numbers. We anticipated more measures than were delivered in this budget to support that goal. Capital taxes remain too high and a more balanced and urgent focus on the job creating engine of SMEs is required."


“Efforts to ignite the construction sector are welcome. Chambers have consistently called for the abolition of the 80% windfall tax and this change, combined with the expansion of the RMI scheme and the capital expenditure measures announced by Minister Howlin, will be positive."


"The Government was correct to resist calls by Unions to increase VAT on hospitality for nebulous reasons which would have threatened growth in that sector.”


“While there is no doubt this budget has some positive measures it is a missed opportunity to support Irish entrepreneurs and we will be continuing to press for further supports for SMEs as the Finance Bill progresses,” he concluded.

Budget Breakfast with PricewaterhouseCoopers


Waterford Chamber in association with PricewaterhouseCoopers hosted a Breakfast Briefing on the key issues arising from this Budget on Wednesday, 15th October.


Click here to view a copy of the presentations.

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