445 new jobs to be created in Government-supported start-up companies

 Quarter two results for Enterprise Ireland backed companies show continued strong flow of entrepreneurial activity

Minister for Jobs, Enterprise and Innovation Richard Bruton TD today [Wednesday 10th August 2011] 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:

Company NameProduct/ServiceLocationJobs
AskMoby LtdAskmoby.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.Clare & Dublin10
Biocroi LtdBiocroi based in Dublin, design and develop unique micro/nano multi-well assay plates for use in pharmaceutical drug discovery laboratories.Dublin10
Biometric Technology Solutions LtdBTS 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.Dublin34
Business & Training Solutions (Intern) LtdBusiness and Training Solutions International offer accredited sales specific online educational products.Wicklow10
DOCOsoftDOCOsoft develop workflow software and document management  technology solutions for global markets.Dublin14
Effective SoftwareEffective Software based in Dublin are a supplier of a complete cloud based health and safety software solution.Dublin9
GlantaGlanta based in Dublin, manufacture hand hygiene monitoring and training systems.Dublin20
Global Business Register LtdGlobal 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.Waterford34
Handle Hygiene LtdHandle Hygiene Ltd based in Dublin provide hygiene products that automatically sanitise washroom door handles.Dublin13
Kjaya Holdings LtdKjaya based in Dublin provide medical imaging software systems.Dublin37
Mi-Zone Technolgy Ireland LtdMi-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.Dublin16
Reflex Plastics Technology LtdReflex 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.Offaly34
Rockboro Analytics LtdRockboro Analytics Ltd, based in Cork provide a credit risk assesment service for credit and insurance markets.Cork35
Working Analytics LtdWorking Analytics Ltd based in Dublin provide career development software.Dublin10
XI (Research & Development) LtdXI (Research & Development) trading as Xintec Revenue, provide revenue assurance and fraud detection software for the telecom sector.Dublin24

ENDS

Contact details and further information about the companies are available from

Conor Quinn
Press Advisor to Minister Bruton,

087-3743783
conor.quinn@djei.ie

Eileen Banks
Enterprise Ireland,
Press Officer

Eileen Banks
 01 7272805
087 2445814