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Business

10th Feb 2016

Over 1,500 jobs to be created by 105 Irish Startups in the next three years

Colm Boohig

Those figures make for sweet reading.

Enterprise Ireland are supporting the creation of 1,500 jobs over the next three years in 105 ‘high potential start-up’ (HPSUs) companies.

RTÉ has reported the fantastic news on the back of the Enterprise Ireland Start-Up Investor Day, where research conducted by Amárach Research, on behalf of Enterprise Ireland, showed that 90% of Irish Startups plan to hire more people this year.

At the same, 60% of these Irish Startups are planning for significant development in 2016 and are looking to do business with companies in the UK, Europe and the US.

HPSUs are Startup businesses which are seen to have the potential ability to create 10 jobs and amass revenue of €1m in the first three-four years of starting up.