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Ireland’s tech start-up sector remains strong

Written by Robert McHugh, on 3rd Nov 2015. Posted in Technology

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New figures from Vision-net.ie show that 1,185 tech company start-ups have been formed in Ireland this year so far.
 
Almost a third (32%), or 380 start-ups, specialise in software consultancy and supply, while 21%, or 246 start-ups, specialise in “other information service activities”.
 
Dublin accounts for over half—57%—of all tech start-ups formed this year (671), followed by Cork with 8% (93) and Galway with 5% (54).

Together, these counties account for almost 7 out of 10 of all new tech start-ups formed in Ireland this year.
 
Managing Director of Vision-net.ie, Christine Cullen said, "Ireland’s IT sector continues to go from strength to strength, aided by continued State investment in start-up companies and a supportive network of multinationals, like Google and Facebook, offering mentorship and investment of their own.

"There remains a very strong concentration of tech start-ups in our three main cities of Dublin, Cork and Galway. While extremely positive for these cities, we equally need to promote and create the environment for increased tech start-ups in the regions." 
 
Source: www.businessworld.ie 

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