The Halo Business Angel Network (HBAN) has completed its 271st deal - bringing the total amount it has raised to €50m. The body, which is a joint initiative of InterTrade Ireland and Enterprise Ireland, acts as a go-between for early stage start ups and investors in the country.

"Angel investment globally is recognised as a critical component of a start-up culture," said Michael Culligan, national director of HBAN. "The growth of angel investment in Ireland over the last number of years has been very significant."

Over the years HBAN has invested in a number of firms that have gone on to grow substantially - such as media company Storyful, which is now owned by Rupert Murdoch's NewsCorp, and Mick's Garage, which has expanded into an international business. Its latest deal includes funds of €1.15m for Connexicon Medical, a Dublin-based firm that specialises in tissue adhesives and sealants.

Since it was established around seven years ago, HBAN has seen the investment market change - with the approach taken by those with capital also maturing. "When we started on this journey in 2008-2009 we had individual business angels investing, it's matured now to a situation where we have business angel syndicates," said Mr Culligan. "Each of these may have 15 to 20 angels, some of them with more."

Today, the majority of HBAN's deals involve multiple angels - often as many as four or five. This system means that numerous investors can combine their expertise, while also spreading out their investments to more companies. "It allows a single angel to lead the deal," Mr Culligan said. "One of the key factors that research has shown in terms of success for the angels - and therefore for the companies - is the level of hands-on involvement. "So naturally if you're involved in a syndicate with multiple angels you can be involved in more deals," he added.

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MORNING BRIEFS - Drinks company C&C Group has reported a 9.5% dip in profit for the six months to the end of August, which it blamed on poor weather, changes to its business and new laws in Scotland. The company, which makes Bulmers Cider and Tennents lager, has introduced a number of new brands as it seeks to deal with the rise of craft producers. It has also been seeking to expand into new export markets, with new distribution arrangements agreed for Poland, South Korea and Nigeria.

*** Two of the world's best-known tech companies had differing fortunes in their quarterly results, announced overnight. Apple recorded revenues of $51.5 billion in the three months to the end of September, fuelled by a 36% rise in iPhone sales. Revenues at social network Twitter were also higher - up 58% - though shares have fallen sharply in after market trade as the figures fell short of analyst expectations.

*** There has been a 14% increase in the number of job listings in October when compared to the same month of last year, according to the company that owns Irishjobs.ie and jobs.ie. In its latest Jobs Index, SaonGroup said that jobs for medical professionals and healthcare workers saw the biggest rise - up 50%. Other sectors, including science and pharmaceutical, banking, IT and hotel and catering also rise year-on-year. The index also included a survey of jobseekers, which shows that 61% of those in employment are confident that the jobs market is getting better. However 54% of jobseekers believe they are worse off now than they were at this time last year.

*** More than €162m was spent on digital advertising here in the first half of the year, according to a survey by the Irish Advertising Bureau. The latest IAB PwC Online Adspend Study says that the market has grown by 25% - with search-related ads accounting for the majority of spend. The amount spent on videos and social media promotions also grew in the period, while €16m was spent on so-called native advertising, where