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EI helps establish 9 companies in Mid-West

businessNine new companies were established in the Mid-West region with the help of Enterprise Ireland’s (EI) High Potential Start Ups 2014 programme, according to Senator Tony Mulcahy.

Senator Mulcahy, who this week obtained figures from the Department of Jobs, Enterprise and Innovation, said “while this is very positive news, more needs to be done to ensure that new businesses and entrepreneurs are aware of the supports available.”

“Nationally 1,500 new jobs will be created over the next three years by more than 100 High Potential Start-Up companies around the country, including 9 in Clare, Kerry, Limerick and Tipperary North. In addition, 81 new early stage businesses, including 6 in the Mid-West, were supported under the Enterprise Ireland Competitive Start Fund in 2014, which injects critical early stage funding into new businesses,” said Senator Mulcahy.

“Nationally, these programmes have assisted 16 spin-out companies from higher education institutions and have been successful in helping more women than ever start their own businesses, while they have also resulted in a range of new business being established by entrepreneurs from overseas with 12 new food and drinks start-ups also being set up.”

“The Government is constantly reviewing the needs of entrepreneurs and developing new initiatives to assist start-ups but the real challenge is to make sure that people are aware of the supports available. I would encourage anyone interested to log onto the actionplanforjobs.ie website for further information,” concluded Senator Mulcahy.

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