Local Enterprise Office Tipperary Creates 168 Jobs in 2018

Minister Humphreys T.D. and Minister Breen T.D. announce Local Enterprise Office figures for 2018

Local Enterprise Office Tipperary 2018 jobs figures, announced by Heather Humphreys T.D. Minister for Business, Enterprise and Innovation and Pat Breen T.D., Minister for Trade, Employment, Business, EU Digital Single Market and Data Protection, show that 168 jobs were created by Local Enterprise Office Tipperary supported companies last year. This is an increase of 15% since 2017.

Local Enterprise Office Tipperary Creates 168 Jobs in 2018

This is the 5th year of employment growth for the Local Enterprise Offices, with 3,656 net jobs created nationwide in 2018. The Local Enterprise Offices now support over 36,000 jobs in 7,000 LEO client companies all over Ireland. Since the LEOs were established in 2014 their clients have created over 18,000 jobs in small businesses across the country. The Local Enterprise Offices also approved €18.2million worth of financial assistance to 1,259 projects.

In 2018 the Local Enterprise Offices worked successfully with 171 of their client companies to help them transfer to Enterprise Ireland along with 796 associated jobs. This was up from 60 companies making the transition in 2017.

Minister Humphreys T.D. said; “The Local Enterprise Offices (LEOs) are a hugely important part of the entrepreneurial ecosystem in this country. They do Trojan work in every county right across the country and these 2018 jobs figures highlight the significant contribution they make to the economy as a whole. This is the 5th year in a row of employment growth for the LEOs, which support our indigenous businesses to create jobs locally. Not only are they helping small businesses to plan, start and grow, but they are also working closely with their 7,164 client companies to minimise their Brexit exposure. The LEOs will continue to play a key role in 2019 and beyond, ensuring that every small business has access to the support it needs. I was delighted to allocate them an additional €5m in Budget 2019 to further support their invaluable work on the ground.”

Minister Breen T.D., said; “Since its inception, the Local Enterprise Office network has been a key element of this Government’s commitment to enterprise development, across all regions in the country. It has been hugely successful. LEO-supported companies now account for over 36,000 jobs throughout the country, across such sectors as food, textiles, manufacturing and computing. It is particularly pleasing to see them grow in ambition and scale. Last year alone, 171 LEO companies transferred to Enterprise Ireland because they have the potential to scale to become internationally- trading companies”.

He added; “The Local Enterprise Offices will continue to support our indigenous companies through the provision of one-to-one mentoring, training, specialist workshops and Brexit preparedness supports.

Ita Horan, Acting Head of Enterprise, Local Enterprise office Tipperary said; “These figures highlight the important role that Local Enterprise Office ,Tipperary is playing in creating jobs and sustaining small businesses in the region. The LEOs are the first engagement any entrepreneur or small business owner should have when they want to develop or grow their idea or company. Every day Local Enterprise Offices help small businesses to get off the ground, overcome challenges, hire new staff, fund innovation, prepare for Brexit and plan for the future. The range of supports on offer from the Local Enterprise Office will help anyone seeking to start or grow a small business through highly practical services such as professional business and management training, mentoring, networking opportunities, finance and much more.”

Mark Christal, Regions and Entrepreneurship Division, Enterprise Ireland, said; “The Local Enterprise Offices are a key component in local business across the country and have been the success story of the strategic partnership between Enterprise Ireland and the Local Authorities. The figures announced today show the impact that LEOs make in communities nationwide, enabling small businesses to get off the ground and to grow, helping to create, and support, local jobs. The role that LEOs play in this is getting more and more crucial as many of these companies with global ambition look to build scale and expand reach. The Local Enterprise Office is working with these companies to ensure they are in the best possible position to innovate, compete and diversify in the global market. The fact that the amount of companies transferring from LEOs to Enterprise Ireland has almost trebled in 2018 is a testament to the quality of company the Local Enterprise Offices are helping to create, and this will only continue to grow in the years ahead.

Joe MacGrath, Chief Executive, Tipperary County Council said “Last year was a particularly strong year for Local Enterprise Office Tipperary. We saw a significant growth in our existing engineering and manufacturing companies throughout Tipperary, many expanding into overseas markets. The Local Enterprise Offices play a fundamental part in local authority efforts to support economic development. The LEOs translate policy into practice and delivery on the ground. Their impact is very clear when we step back and take stock of the very strong employment they help to create’

The 31 Local Enterprise Offices nationwide, an initiative of the Government of Ireland, are operated in partnership with Enterprise Ireland and the Local Authorities. They provide expert training, mentoring and financial assistance to entrepreneurs and small businesses who may want to start, develop or grow their company.

The Local Enterprise Offices have also played a key role in preparing small businesses in Ireland for Brexit. This includes Brexit Mentoring, Technical Assistance for Micro Exporting grants for small businesses looking to diversify into new markets, the Brexit SME Scorecard, the Trading Online Voucher Scheme for those selling online internationally and LEAN for Micro enabling small companies to trade more effectively and competitively.

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