CIT-based Rubicon secures €2m Enterprise Ireland contract

CIT-based business incuation hub The Rubicon Centre has secured a €2m contract with Enterprise Ireland to continue delivering its entrepreneur development programme New Frontiers for the next five years.

CIT-based Rubicon secures €2m Enterprise Ireland contract

Enterprise Ireland regional manager Martin Corkery said: “We look forward to aiding many more businesses to grow and create new jobs for the region.

"2015 was a record year with 105 new high- potential start-ups, 47% outside of Dublin.”

Since 1998, CIT’s Genesis and New Frontiers programmes have supported 269 startups, 75% of which are still trading, employing 2,600 people.

Half of the firms are trading internationally.

Rubicon named Emmett Kearney, founder of email encryption firm Jumble, as this year’s New Frontiers winner. His product targets firms that transmit sensitive data in a market worth €2bn.

Jumble was one of 12 graduates of the most recent New Frontiers programme.

The graduates’ businesses are in education, management software, food, consumer products, data security, ecommerce, and digital media.

Stephen Collins of Tip Tap Tap took the most innovative product award with an interactive school desk where students interact with the technology in the classroom.

John O’Keeffe of workout music playlist company Gymix took the award for best business plan; his company is already working with gyms at home and the UK.

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