Get the app today! App Store Play Store

Enterprise Ireland Supported Companies Created 18,000 Jobs In 2013

Published on Jan 13 2014 3:34 PM in Retail

Enterprise Ireland Supported Companies Created 18,000 Jobs In 2013

Enterprise Ireland (EI) has said that more than 18,000 new jobs were created by EI-supported companies during the past year, thanks in part to strong export performances.

Enterprise Ireland supported companies now account for more than 300,000 jobs in the Irish economy, making up 16% of the total workforce. Enterprise Ireland revealed the figures in its End of Year Statement, published earlier today.

In addition, new job commitments made by Enterprise Ireland clients in 2013 were over 7,100, exceeding the target of 6,250 for the year. Global growth of 3.6% is forecasted for 2014, presenting further growth opportunities for Irish exports and creating additional jobs in Ireland.

Examples given by Enterprise Ireland of continuing expansion included major investments by Glanbia Ingredients Ireland Limited, and a smartphone technical support contract won by Eishtec, both expected to provide a further boost to the economy and create hundreds of jobs.

2013 saw Enterprise Ireland develop a number of initiatives, including ‘Competitive Feasibility Funds’ to support entrepreneurs with business start-ups, and ‘Access Silicon Valley’, which helps Irish tech companies targeting Silicon Valley and San Francisco, as well as a lot of focus on investing in innovation with schemes such as a €20 million Innovation Fund for Ireland.

Julie Sinnamon, Chief Executive Officer of Enterprise Ireland said: “The performance of Enterprise Ireland client companies over the past year is very heartening. Once again, they have continued to increase employment, recording the highest net gain in the last decade. This is no mean achievement considering the highly challenging business environment they are competing in.

“Enterprise Ireland’s strategy for 2014-2016 is very clearly focussed on making sure that they are supported in every way possible to continue this upwards growth. Our priority is to support entrepreneurship across the regions, and develop strong, export focussed, ambitious Irish companies that can win new business and jobs for Ireland.”

© 2013 - Checkout Magazine by Karis Copp

Share on Facebook Share on Twitter Share on LinkedIn Share via Email