October brought us great news for the Irish economy with the historic announcement by Kerry Group that they are to invest €100million in developing a Global Technology and Innovation Centre in Kildare. The move will create of 800 permanent and 400 temporary construction jobs.
Enterprise Ireland has established a new €500,000 Competitive Start Fund for Female Entrepreneurs aimed at stimulating high potential female-led business start-ups.
Enterprise Ireland’s trade mission to Brazil, 8-11 October, the largest ever to the leading country in Latin America, was a big success for the participating 42 Irish companies and education institutions.
Fourteen of Ireland’s leading and most innovative food and lifesciences companies took part in a week-long Enterprise Ireland Functional Foods and Lifesciences trade mission to Japan led by the Minister for Research and Innovation Sean Sherlock TD.
Irish marine science and technology company TechWorks Marine, Enterprise Ireland client, has secured a contract to lead a European Space Agency (ESA) research project on monitoring coastal outlets.
Ireland’s reliance on domestic demand should be a thing of the past. This was signalled by the results of a new survey by Enterprise Ireland and Deloitte which found that almost three quarters (72%) of Irish CEOs see overseas markets as far more significant to Ireland’s economic recovery than the local economy, believing that greater participation in these markets will speed up the process.
In October, the Taoiseach, Enda Kenny TD, participated in a two day Enterprise Ireland programme to visit a number of Irish life sciences companies in Philadelphia and Cleveland.