Start-ups in Dublin to create 218 new jobs

Start-ups in Dublin to create 218 new jobs

Almost 220 jobs are to be created by entrepreneurial start-ups over the next 12 months.

The posts will be available in 30 firms backed by Dublin Business Innovation Centre (Dublin BIC).

Announcing the jobs, Taoiseach Enda Kenny said Ireland is one of the most exciting places in the world to create the businesses of tomorrow.

“The work of the Dublin Business Innovation Centre has been vital in building this reputation,” he said.

“Job creation is the Government’s top priority and I’m delighted that 218 new jobs are being created by Dublin BIC firms.

“Small firms are vital to job creation and the Government’s Action Plan for Jobs aims to create a more supportive environment for entrepreneurs and small businesses to flourish.”

Dublin BIC was established in 1988 as part of a national and European organisation of business and innovation centres which identify, select and support entrepreneurial start-ups.

Firms with the new jobs include Davra Networks, EmpowerTheUser, iCabbi, Learnosity, MMSOFT Design, OpenJaw Technologies, Point of Care, Stratus5 and SafeFood 360.

Des Fahey, chief executive, said international research shows 70% of net new job creation is generated by high growth companies that are less than five years old.

“We are an organisation with a track record of enabling entrepreneurs to have the best chance of succeeding,” he said.

“Our objective is to double our capacity over the next five years to assist budding entrepreneurs, in Dublin and surrounding areas, realise their ambitious business plans thereby creating additional economic wealth and employment in Ireland.”

Elsewhere a study revealed Dublin BIC-backed entrepreneurial start-ups employed 2,428 people directly and 2,032 indirectly in 2012, when it was responsible for over 22m euro (£18.6m) of early stage direct funds being invested into some 100 start-up companies.

The report by DKM Economic Consultants found 82% of Dublin BIC supported companies survived the critical first five years, compared to an average of 61% nationally, while 93% expect to increase employment over the next year.

Meanwhile, marketing agency Acorn has announced it is to create 100 new jobs over the next five years in creative, account management and support areas.

More in this Section

EasyJet shares fly higher despite profit turbulenceEasyJet shares fly higher despite profit turbulence

Netflix shares weather stormNetflix shares weather storm

Huawei: US ban is still unfairHuawei: US ban is still unfair

Later life mortgages will only be a matter of timeLater life mortgages will only be a matter of time


Lifestyle

Tis the season for sequins and excess, but minimalists can stick to their style guns in the season’s next level neutrals. From low-key glitz that’s perfect for party wear to the wardrobe heroes with trans-seasonal appeal, slide into neutral for maximum style with minimal effort. Carolyn Moore reports.Low-key glitz for minimalists with this season's neutrals

How to plump, hydrate and get rid of spots fast before your Christmas party.Getting your quick fix for the festive party season

Irish photographer Seamus Murphy brought music star PJ Harvey to Afghanistan to film part of their documentary, writes Esther McCarthy.Headlong into the war zone in new documentary

Kya deLongchamps shows us how to champion our environmentWinter greens: How to champion our environment this season

More From The Irish Examiner