merrion street

Jobs Minister Richard Bruton today announced that 911 new jobs will be created over the next three years in 53 new high potential start-up companies supported by Government through Enterprise Ireland.

Today’s announcement relates to companies to which support has been provided in the first six months of 2012 under Enterprise Ireland’s High Potential Start-Ups Programme. Both the number of investments and the number of jobs to be created are significantly up on the same period last year (755 jobs/42 companies). These companies come from a wide range of sectors including the innovative sectors that the Government is targeting for growth such as financial services, ICT, digital games, pharmaceuticals and medical devices.

Making the announcement, Minister Bruton said:

Central to the Government’s plan for jobs and growth is developing a strong engine of indigenous business. We have a base of multinational companies located here that is the envy of many other countries. What we must also do if we are to create the jobs we need is to create a base of indigenous companies that match that level of success. As I have said before, our aim is not only to attract the next Google or Microsoft to Ireland, but to make it possible for the next Google or Microsoft to start-up in Ireland.

In today’s announcement we can see that the performance of our high-potential start-up companies is continuing to improve. I am determined that with the continued implementation of the Action Plan for Jobs in 2012 and beyond, we can support young innovative companies to increase their impact on export growth and job creation.