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More funding, more services, more staff in new improved system for local enterprise supports

A new improved system of Local Enterprise Offices in each local authority with more funding, more staff and more services will be up and running in April, the Government announced today after a special Cabinet meeting on jobs.

Somr of the key features of the new Local Enterprise Office (LEO) system will include:

  • Additional funding of €3.5million in 2014
  • 170 dedicated staff across the LEOs system, supplemented by a new Graduate Recruitment Programme to take place shortly and supported by a further 40 Local Authority staff
  • Additional services including a new Young Entrepreneurship Fund, Microfinance Ireland, Credit Guarantee Scheme, and access to services from Revenue and Dept Social Protection
  • System will combine new supports with business services currently delivered by CEBs and those delivered by Local Authorities in a “first-stop shop” located in Local Authority offices , under overall framework set by Minister for Jobs and Enterprise Ireland

The Taoiseach, Tánaiste and Minister for Jobs also today published the eighth quarterly progress report under the Action Plan for Jobs, showing that 299 out of the 333 actions committed to in the 2013 plan have been delivered. The system of public quarterly progress reports is a crucial part of the Action Plan for Jobs system.

Taoiseach Enda Kenny said:

Following Ireland's successful exit from the bailout in December, the Government is determined that 2014 will be 'the year for jobs'.  This means a relentless drive for job creation and the continued implementation of the Action Plan for Jobs and Pathways to Work.  Brick-by-brick we are rebuilding a competitive, enterprise and export focused economy and reforming local government so that it can become an engine of economic development.

Tánaiste, Eamon Gilmore said:

As we have seen in recent weeks, the export led recovery is continuing as we attract more inward investment, evidenced by the recent series of very welcome job announcements. A key focus of the cabinet discussion, was how we can do more to translate that growth into more jobs in the domestic economy. The critical next step is to see growth in exports translated into further jobs in the real economy, such as in construction and retail.

Jobs Minister Richard Bruton said:

Start-ups and small businesses are crucial to our plans for jobs and growth. 200,000 SMEs in Ireland employ more than 650,000 people in Ireland, and two thirds of all new jobs come from businesses in their first five years of existence. That is why we asked an expert group of entrepreneurs under Sean O’Sullivan to recommend actions in this area.

Read the full press release here.