Start-up firms 'to create 445 jobs'

A total of 445 jobs will be created in companies supported by the Government in the second quarter of this year, Minister for…

A total of 445 jobs will be created in companies supported by the Government in the second quarter of this year, Minister for Jobs Richard Bruton said today.

In a statement, Mr Bruton said the posts will come in 24 new "high potential" start-up companies that have been backed by the State through Enterprise Ireland

Businesses across Dublin, Kildare, Wicklow, Waterford, Offaly and Cork are to take on the extra staff over the next three years. More than half the jobs will be in the capital.

The companies recruiting are involved in bio-tech and medical technology, food, life sciences and financial services, as well as information and communications technology and other niche areas.

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“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," the Minister said.

Mr Bruton said there needed to be a focus on reducing costs and red tape, improving access to finance and promoting an Irish "innovation revolution".

“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," he said.

Earlier this year, 310 new jobs were announced earlier this year as part of the first-quarter results of Enterprise Ireland’s High Potential Start Ups programme.

Additional reporting: PA

Jason Michael

Jason Michael

Jason Michael is a journalist with The Irish Times