Figures from Enterprise Ireland this week which show that 551 jobs were created by the companies it supports in Galway last year.
In total the Department of Jobs, through Enterprise Ireland, supports 246 companies in Galway which employ 7,278 people across the city and county.
Under the Fine Gael-led Government’s relentless focus on job creation, Enterprise Ireland has helped local businesses and entrepreneurs in Galway to create 1,080 new jobs since the Government entered office. This compares to over 520 job losses in the last three years of Fianna Fáil’s term in Government (2008 – 2010).
Every job created provides security and financial independence for a person and their family. There is also an important knock on impact for the wider community as for every job created in an EI supported company, it is estimated that one additional job is created elsewhere in the economy. This means approximately another 1,000 indirect jobs have been created in Galway over the same period through the initial job creation by the EI-supported companies.
Enterprise Ireland plays a central role in the West Action Plan for Jobs which was launched in November. The agency is involved in 33 of the measures designed to help consolidate and strengthen supports for existing business, start-ups and entrepreneurs in Galway and the West. The actions aim to provide assistance with accessing finance, securing investors, preparing for export, networking, generating new business, among other important tasks.
With enhanced support from Enterprise Ireland more businesses can start up and expand providing the jobs which are essential to continuing our economic recovery.