independent

Tuesday 22 July 2014

Enterprise-backed firms pump €6m extra into wages

Published 18/02/2014|05:34

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FIRMS supported by Wexford County Enterprise Board pumped an estimated €6 million extra in wages into the local economy in 2013 through an increase in 145 jobs on the 2012 figures.

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The importance of the enterprise board to the locality has been highlighted with the announcement of Wexford County Enterprise Board's end of year results for 2013.

A value of €6 million has been put on the net gain of 145 jobs created by companies backed by Wexford County Enterprise Board (CEB) in County Wexford during 2013.

A total of 1,331 full time jobs, were in place in Wexford CEB supported companies, at the end of 2013 up from 1,186 jobs in 2012. This sees job creation and retention on the recovery path from a downward trend in recent years.

'These jobs have been created as a result of direct financial assistance provided by Wexford CEB and represent 331 companies that we currently work with,' said Tom Banville, Chief Executive Officer of Wexford County Enterprise Board.

Direct financial assistance is available to companies who manufacture with export potential or provide internationally traded services. Businesses and aspiring entrepreneurs also benefit from training and mentoring.

Wexford has the sixth highest training participant rates on city and county enterprise board programmes nationwide and receives the highest allocation of enterprise board grant aid in the south east .

In 2013 Wexford CEB hosted 79 business development training courses and workshops, networking events and other programmes to assist with the development and establishment of enterprises in County Wexford.

Gorey Guardian

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