Local Enterprise Office Waterford ‘Making It Happen’ for local business by supporting 105 new jobs in the county last year

31 Local Enterprise Offices jointly supporting over 38,000 jobs across 7,400 small businesses

  • 3,149 net new jobs created in 2019 by clients across all 31 Local Enterprise Offices
  • 6.4% increase in training to 37,306
  • 10.5% increase in expert mentoring
  • Record investment of €20million in small businesses by LEOs

Local Enterprise Office Waterford 2019 jobs figures, announced during Local Enterprise Week, show that 105 new jobs were created by Local Enterprise Office Waterford supported companies last year. 

The 31 Local Enterprise Offices, funded by the Department of Business, Enterprise and Innovation, are now supporting 38,535 jobs across 7,400 client companies.  The 2019 figures for the Local Enterprise Offices (LEOs), operated in partnership by Enterprise Ireland and the local authorities, show that 3,149 net jobs were created last year across the country, including 105 new jobs in county Waterford.

This is the 6th year of continuous employment growth for the Local Enterprise Offices since they were set up in 2014.   LEOs saw increases across all supports in 2019 including training, mentoring and funding. 

The number of those trained in 2019 was up 6.4% last year with 37,306 availing of training through their Local Enterprise Office.  There was also an 10.5% increase in mentoring assignments completed, with 10,756 clients benefitting from LEO mentoring. 

 Minster for Business, Enterprise and Innovation, Heather Humphreys, T.D. said; “The Local Enterprise Offices are to the fore in our Future Jobs strategy and make a significant contribution to boosting local economies across the country.  They are helping to create jobs in every area across Ireland with funding, supports and expert guidance.  Year on year we have increased our support for the Local Enterprise Offices and they have repaid that support with results which have been on the up since they began 6 years ago.  We will continue to support them and ensure that training, mentoring and financial support is available to our small businesses and entrepreneurs to help them to plan, start and grow.”

Minister for Trade, Employment, Business, EU Digital Single Market and Data Protection, Pat Breen, said; “The Local Enterprise Office network now supports over 38,000 jobs throughout all regions of the country.  In addition to helping businesses and entrepreneurs to realise their ambitions of starting and growing a business, these jobs have a positive knock on effect on local areas and so are particularly valuable to rural Ireland.  I have consistently championed the role of the LEO network in contributing to the Government’s wider ambition to achieve balanced and sustainable regional development. Small businesses are at the very core of our national economy and we want to ensure that those people who have the ambition to create a small business are given every support to help them succeed.  I would encourage anyone with entrepreneurial ambition to check out the fantastic range of supports that the LEO network offers.

Richie Walsh with Local Enterprise Office Waterford said; “These figures continue to emphasise the positive impact that the Local Enterprise Office is having on indigenous businesses across the county and indeed the country.  Whether it’s through training, mentoring, funding, or expert one-to-one business advice, the Local Enterprise Offices are ‘making it happen’ for small businesses and entrepreneurs.  Our expertise and experience is the bedrock of our ability to help businesses and we look forward to helping many more in 2020.”      

Mark Christal, Regions and Entrepreneurship Division, Enterprise Ireland, said; “It has been another year of growth for the Local Enterprise Offices in what has been a very successful partnership between Enterprise Ireland and the Local Authorities.  We have seen over 160 companies transfer from their Local Enterprise Office into Enterprise Ireland and we now get the opportunity to support these businesses to build on the success their LEO has already helped them achieve, we want to help them realise that global ambition.  The LEOs play a key role in driving entrepreneurship across the regions and continuing to work closely with them will help us to drive job creation nationwide.”    

Ann Doherty, Chair of the CCMA EECC Committee said; “Local Enterprise Offices play a major role in local authority efforts towards economic development, in partnership with Enterprise Ireland. The supports and advice LEOs offer make a real difference to the businesses that avail of them. It is great to see more and more businesses reaching out for those supports, developing their potential and contributing to enterprise and employment growth across the country.

Since the Local Enterprise Offices were established in 2014 they have helped create over 20,000 jobs nationally and provide a range of supports to small businesses including mentoring, training and sector specific expertise to help guide businesses at any stage of their development. For more information on supports available through  Local Enterprise Office Waterford, visit www.LocalEnterprise.ie/ Waterford

 

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