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Start-up firms aim for 1.6k new jobs

Wednesday, March 06 10:24:50

The Minister for Small Business John Perry today opened the Enterprise Ireland High Potential Start Ups Showcase, featuring the 97 new start-up companies with the potential to create 1,600 new jobs from over E300m in annual sales.

The companies come from a wide range of sectors including key areas that the Government has targeted for growth, including financial services, ICT, games, pharmaceuticals and medical devices.

The Showcase also features the 60 early stage entrepreneurs who have been supported by the Enterprise Ireland Competitive Start Fund and representatives from the 2012 New Frontiers Entrepreneur Development Programme.

Today's end of year figures come following the mid-year announcement made by Minister Bruton last year outlining the performance of the High Potential Start-Up Programme during the first half of 2012.

Speaking at the event, Minister Perry said: 'The Government's Action Plan for Jobs places innovative entrepreneurs and businesses right at the heart of the drive to accelerate jobs growth and economic prosperity. Ambitious, export-focussed projects like those featured today and supported by Enterprise Ireland, are central to this, and will play a critical part in achieving the levels of growth and employment that we need."