The Minister for Enterprise Trade and Employment, Richard Bruton, TD announced today that 310 jobs will be created by start-up companies. This announcement comes after Enterprise Ireland published a report on the High Potential Start-Up Programme which showed that job creation has increased when compared with the figures from last year.
The positions will be created within 17 businesses that received government support during the first 3 months of the year. The companies are all within “the innovative sectors the Government is targeting for growth” according to the Minister.
Telecommunications, cloud computing, bio-technology and energy are among some of the areas being developed by these new companies. The Minister had only this week affirmed his commitment to encouraging and supporting innovative companies at a conference held by Price Waterhouse Coopers on research and development in Ireland.
“I am determined to build on this announcement and ensure that government policies are properly targeted to support high potential businesses in Ireland so that we can create the jobs of the future here and grow our way out of our difficulties” the Minister said.