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Enterprise Ireland companies exceed 3 year target with 45,000 new jobs

20170209EIEOY

Pictured are Julie Sinnamon, CEO Enterprise Ireland and Jobs Minister Mary Mitchell O’Connor
  • Over 200,000 people now employed by Enterprise Ireland supported companies – highest in the history of the Agency
  • Almost two thirds of new jobs created in 2016 outside Dublin
  • 2017 - 2020 Strategy launched – aims for increase of €5bn in exports per annum and 60,000 new jobs

Enterprise Ireland, the Government agency responsible for developing Irish business globally, reported that over the period of its 2014-2016 Strategy ‘Driving Enterprise, Delivering Jobs’, 45,592 new full time jobs were created by client companies. This brings the total number of people employed by Enterprise Ireland supported companies to 201,108 – an all-time high for the Agency.

A total of 19,244 new jobs (full and part-time) in Enterprise Ireland supported businesses were created in 2016. Almost two-thirds of these new jobs were outside Dublin, and all regions recorded increases in employment. Digital Technology, Construction and Fintech were the key performing sectors. This translates into a net increase of 9,117 jobs for 2016 (taking account of job losses).

Enterprise Ireland today also published its 2017-2020 Strategy – Build Scale, Expand Reach. The strategy builds on the success of recent years and sets new, ambitious targets for jobs and export growth.

Jobs Minister Mary Mitchell O’Connor commented:

Despite global economic challenges in 2016, job creation by Irish companies remained strong. Irish industry driving economic growth is at the very heart of our Action Plan for Jobs. As these results show, Irish companies have an unparalleled capacity to create jobs in towns and cities right around the country with almost two thirds of the new jobs created outside Dublin. The fact that over 130,000 of those 201,000 jobs are outside of Dublin is significant. Every region has benefited from these results.

Despite the undoubted challenges ahead, I’m pleased to see that Enterprise Ireland has set an ambitious target of another 60,000 jobs in the new Strategy.

Read the full press release here.