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NSC Cork venture capitalists for jobs

Monday, September 17 15:43:43

Cork-based National Software Centre (NSC) and its tenants plan to increase jobs and expand its business by investing in post-incubation stage companies.

NSC companies already provide employment to more than 300 people and the latest development is part of an aggressive campaign strategy to boost growth and create more jobs.

According to Shemas Eivers, director of the NSC, support of developing companies such as Treemetrics and Mingoa is a vital element of job creation.

Mr Eivers was speaking at the ten-year anniversary celebrations of the NSC at its HQ in Mahon, which was also attended by representatives of two sides of Cork's political landscape Minister for Agriculture, Food and Marine Simon Coveney and Fianna Fail TD Micheal Martin.

"Companies in the post-incubation stages of development require a strong peer network and collaborative environment in which they can grow. Here at the NSC, we have been providing support to a fledgling IT sector for the last ten years. Now we want to invest in the future to provide increased employment opportunities for growing companies," said Mr Eivers at the gala lunch, barbeque and tree-planting ceremony at its HQ in Mahon.

At the event, Minister Coveney said, "The NSC has made a significant contribution to many companies in IT developing in the Cork area and beyond and I wish them well for the future, playing an important role in the IT infrastructure in Cork."

Following the publication of a report commissioned by Cork City Council in the late 1990s, the National Software Centre was developed to create an IT hub in Cork which would provide a catalyst to spur the growth of an IT sector in the region.

Founded in 2002 by Shemas Eivers, Teddy McCarthy, Aidan O'Driscoll and Donagh Kiernan, the National Software Centre - a public private partnership between the IT industry and Cork City Council - marked a significant turning point in the Irish and European software and IT sectors by providing a technological hub with world-class broadband infrastructure and physical and virtual office space for IT and service companies.