Minister for Jobs, Enterprise and Innovation Richard Bruton TD today announced that 445 jobs will be created in 24 new high potential start-up companies which have been supported by government through Enterprise Ireland in the second quarter of 2011.
The announcement follows on the 310 new jobs announced earlier this year as part of the Q1 results of Enterprise Ireland’s High Potential Start Ups programme, and compares to 284 jobs in 20 companies during Q2 last year.
Making the announcement, Minister Bruton said:
“If we are to rebuild the economy and create the jobs of the future in Ireland, we must not only continue to attract high-end multinational companies, but we must also crucially ensure that more high potential small businesses can establish and expand here. Yesterday I announced that PayPal was adding 200 jobs to our base of employment in world-leading internet companies; but we also need an indigenous engine of economic growth if we are to create the successful future we all want for Ireland.
“In order to achieve this, we must focus on three things:
•reducing costs and red tape;
•improving access to finance; and
•promoting an Irish innovation revolution, including through government supports and ensuring that start-ups can benefit from the vast experience of our multinationals.
“Today’s announcement that over 400 jobs will be created in indigenous companies supported by Government in the second quarter of the year is very good news. Many of these companies are operating in precisely the innovative sectors that the Government is targeting for growth: clean tech, life sciences, ICT and financial services. This comes on the back of Ireland’s continued improvement in world innovation rankings – 13th in the 2011 Global Innovation Index, up from 19th in 2010.
“My plan to create an indigenous engine of economic growth will ensure that Government actions are directed towards ensuring that more companies like these can establish and grow and provide the basis for Ireland’s economic recovery”.
Commenting on the announcement, Greg Treston, Head of High Potential Start Ups and Scaling at Enterprise Ireland said: ‘These 24 companies come from a broad range of sectors, confirming that there are significant opportunities for new export-focussed business start ups, particularly in life sciences, bio-tech and medical technology, cleantech, food, telecommunications, internet services and other niche areas. Enterprise Ireland is working closely with these companies in building their business and their international market presence. These are ambitious companies, with highly innovative products and business development strategies that will enable them to carve out a place in global markets, driving jobs and export sales growth at home’.
Examples of some of the new projects include:
Askmoby.com is a consumer weather service which delivers highly personalized weather applications to consumers and partners over all online channels, including websites and smartphone mobile applications.
Biocroi based in Dublin, design and develop unique micro/nano multi-well assay plates for use in pharmaceutical drug discovery laboratories.
Biometric Technology Solutions Ltd
BTS have developed a material which enables the recovery of electricity from waste heat and are working with partners in the Automotive and Aerospace sectors to commercialise the technology.
Business & Training Solutions (Intern) Ltd
Business and Training Solutions International offer accredited sales specific online educational products.
DOCOsoft develop workflow software and document management technology solutions for global markets.
Effective Software based in Dublin are a supplier of a complete cloud based health and safety software solution.
Glanta based in Dublin, manufacture hand hygiene monitoring and training systems.
Global Business Register Ltd
Global Business Register, based in Waterford, sells official EU and US company reports by connecting Company Registration Offices (CROs) together. The company also sells online identity solutions for companies and individuals.
Handle Hygiene Ltd
Handle Hygiene Ltd based in Dublin provide hygiene products that automatically sanitise washroom door handles.
Kjaya Holdings Ltd
Kjaya based in Dublin provide medical imaging software systems.
Mi-Zone Technolgy Ireland Ltd
Mi-Zone based in Dublin provide a low cost, proximity, security tagging system protecting individual's valuables from loss or theft e.g. laptops, handbags and mobile phones.
Reflex Plastics Technology Ltd
Reflex Plastics based in Offacly recycle agricultural grade plastic used in silage storage and peat milling/extraction and processing into high grade pellets for use in blowing of plastic bags.
Rockboro Analytics Ltd
Rockboro Analytics Ltd, based in Cork provide a credit risk assesment service for credit and insurance markets.
Sonex Metrology Ltd
Sonex Metrology are developing a radically cheaper method to assess the quality of semiconductor chips within the manufacturing process.
Working Analytics Ltd
Working Analytics Ltd based in Dublin provide career development software.
XI (Research & Development) Ltd
XI (Research & Development) trading as Xintec Revenue, provide revenue assurance and fraud detection software for the telecom sector.