Enterprise Ireland client companies create over 8,400 extra jobs in 2014

Enterprise Ireland client companies created 19,705 new jobs in 2014, which represents a net 8,476 extra positions – the highest net gain in the history of the agency, according to its end of year statement out today.

Total direct employment in Enterprise Ireland client companies stood at 180,072 in 2014, 156,202 of which are full-time jobs.  

“The level of increased employment achieved is remarkable and endorses the strategy we have embarked on to 2016,” said Julie Sinnamon, chief executive officer of Enterprise Ireland.

“We continue to relentlessly focus on ensuring the right supports are available for clients at every stage of growth. This focus, coupled with our priority to support entrepreneurship across the regions, and develop strong, export-focussed, ambitious Irish companies that can win new business, will mean even more jobs for Ireland over the next 12 months.” 

Enterprise Ireland committed to investment in 102 new high potential start up (HPSU) companies in 2014 with associated job commitments of 1,516.  

Its Competitive Start Funds, which provide very early stage funding, were awarded to a further 81 companies.  

One tenth of HPSUs which Enterprise Ireland invested in during 2014 originated from State-funded research carried out in higher education institutes and 43 of the 183 start-ups supported were led by female entrepreneurs. 

Special efforts were targeted at developing client exports in high growth markets (HGMs) and in 2014 Enterprise Ireland received sanction for 20 additional staff in these markets to help it to grow exports to €3bn by 2016.  

Enterprise Ireland assisted clients secured more than 1,300 new customers and significant contracts and established 455 new presences in international markets (45pc of which are in HGMs). 

For more on this please click : http://www.businessandleadership.com/exporting/item/48987-enterprise-ireland-client/

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