Minister Sherlock welcomes job creation by 7 start up companies in Cork

26 July 2012

Minister for Research and Innovation Sean Sherlock has welcomed today’s (Thursday) announcement that 911 new jobs will be created over the next three years in 53 new high potential start up companies, 7 of which are located in Cork.

Today’s announcement relates to companies to which support has been provided in the first six months of 2012 under Enterprise Ireland’s High Potential Start-Ups Programme. Both the number of investments and the number of jobs to be created are significantly up on the same period last year (755 jobs/42 companies).

Minister Sherlock said “These high potential start-up companies, which are supported by Government through Enterprise Ireland, are extremely important to both the regional and national economy.

“Now more than ever we need ambitious and energetic entrepreneurs who can play a real part in driving this economy. Every one of these employers is playing their part in getting Ireland back on track, contributing in a significant way to our local communities.

“They clearly show that despite the many challenges of the current international environment there are significant opportunities for new business start ups in a wide range of sectors including the innovative sectors that the Government is targeting for growth such as financial services, ICT, digital games, pharmaceuticals and medical devices.

“This announcement reflects the Government’s commitment to getting our people back to work by growing our indigenous sector, increasing our exports and creating much needed jobs for this economy”, Minister Sherlock concluded.

ENDS

Examples of two of the 7 new Cork High-Potential Start-Up Companies being supported in 2012