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27/07/2012
Minister Welcomes Job Creation In Cork
Minister for Research and Innovation Sean Sherlock has welcomed the announcement that 911 new jobs will be created over the next three years in 53 new high potential start up companies, 7 of which are located in Cork.
The announcement relates to companies to which support has been provided in the first six months of 2012 under Enterprise Ireland's High Potential Start-Ups Programme. Both the number of investments and the number of jobs to be created are significantly up on the same period last year (755 jobs/42 companies).
Minister Sherlock said: "These high potential start-up companies, which are supported by Government through Enterprise Ireland, are extremely important to both the regional and national economy.
"Now more than ever we need ambitious and energetic entrepreneurs who can play a real part in driving this economy. Every one of these employers is playing their part in getting Ireland back on track, contributing in a significant way to our local communities.
"They clearly show that despite the many challenges of the current international environment there are significant opportunities for new business start ups in a wide range of sectors including the innovative sectors that the Government is targeting for growth such as financial services, ICT, digital games, pharmaceuticals and medical devices.
"This announcement reflects the Government's commitment to getting our people back to work by growing our indigenous sector, increasing our exports and creating much needed jobs for this economy," Minister Sherlock concluded.
The announcement relates to companies to which support has been provided in the first six months of 2012 under Enterprise Ireland's High Potential Start-Ups Programme. Both the number of investments and the number of jobs to be created are significantly up on the same period last year (755 jobs/42 companies).
Minister Sherlock said: "These high potential start-up companies, which are supported by Government through Enterprise Ireland, are extremely important to both the regional and national economy.
"Now more than ever we need ambitious and energetic entrepreneurs who can play a real part in driving this economy. Every one of these employers is playing their part in getting Ireland back on track, contributing in a significant way to our local communities.
"They clearly show that despite the many challenges of the current international environment there are significant opportunities for new business start ups in a wide range of sectors including the innovative sectors that the Government is targeting for growth such as financial services, ICT, digital games, pharmaceuticals and medical devices.
"This announcement reflects the Government's commitment to getting our people back to work by growing our indigenous sector, increasing our exports and creating much needed jobs for this economy," Minister Sherlock concluded.
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Corus 'To Axe 366 Jobs'
Steelmaker Corus is believed to be axing 366 jobs at its Scunthorpe site in North East England. The company has said that it has "announced proposals to improve the competitiveness of its Scunthorpe site by aligning costs with anticipated steel demand". Consultations with employees and their representatives have begun on the site today.
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Northern Ireland WeatherToday:Some low cloud lingering in the north and west through the day, although cloud should burn back to the coast as the day goes on. Elsewhere some good sunny spells with very little cloud. Warm with light winds. Maximum temperature 22 °C.Tonight:A sunny evening for most except where cloud lingers along the north coast. Cloud will increase for a lot of areas overnight with mist and fog patches developing. Minimum temperature 7 °C.
