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Following a robust performance during the recession last year, Enterprise Ireland client companies are expected to create 60,000 jobs over the next five years.

According to its 2009 annual report, 7,443 new jobs were created in Enterprise Ireland-supported companies, bringing the total number employed to 133,523. While 19,078 jobs were lost in 2009 the investment pipeline for 2010 indicates that new jobs created will exceed 2009 figures.
Enterprise Ireland is the Government agency responsible for the development of Irish companies and driving Irish export sales. Enterprise Ireland client companies are responsible for over 250,000 jobs (134,000 directly employed) and spend an estimated €19bn per annum in the Irish economy, delivering huge economic impact to communities across almost every town in Ireland.
The Minister for Enterprise, Trade and Innovation Mr Batt O’Keeffe T.D. speaking about the agency’s annual report said a key priority for Government is to continue to deliver on the Smart Economy Framework and implement the recommendations of the Innovation Task Force. “We will support the continued growth of entrepreneurial-led firms that will underpin Ireland’s global reputation as a centre for innovation providing high-value, sustainable jobs,” he stated.
“We estimate that these firms, and other Enterprise Ireland-supported start-ups, can between them generate 60,000 jobs over the next five years,” said O’Keeffe.
Frank Ryan, Chief Executive Officer of Enterprise Ireland said the agency’s ambition and confidence for its client companies is high. “They have overcome difficult challenges in the past 18 months, demonstrated exceptional resilience and in many cases they have come through stronger, leaner, fitter, more innovative, and definitely ready to capitalise on the global recovery now in evidence.”
Ryan said that 2010 is about building for growth and global success. Enterprise Ireland is driving and supporting a high level of activity across key business areas - developing new markets, growing more entrepreneur-led businesses, co-financing company R&D, driving the commercialisation of third level research for the benefit of industry. Resources and efforts in these key areas are being intensified to support our clients in every way possible to ensure they capitalise on the global recovery.”