€3m investment to create 49 jobs in five firms

Up to 49 jobs could be created in Co. Cork after an investment was announced for five start-up companies there.

A cash injection of €1m from the Cork-based Boole Investment Syndicate, will be matched by €2m from Enterprise Ireland and venture capital companies.

The investment will fund product development and international growth.

Boole Investment Syndicate are being supported by the Halo Business Angel Network and Cork Business Innovation Centre in the move.

The entrepreneurs will also have access to expert business advice under the deal.