Successful implementation of the latest Government Action Plan for Jobs will see the creation of 25,000 jobs in Galway, Roscommon and Mayo.
The regional jobs plan for the west of the country highlights ICT, Medtech and Pharma among the key drivers to create up to 25,000 jobs in Mayo, Roscommon and Galway. €250m is to be invested in the project.
One of eight nationwide strategies, the latest Action Plan for Jobs is the fifth in a series of regional strategies to be published by Minister for Jobs, Enterprise and Innovation, Richard Bruton.
The new plan covers three Connacht counties which currently host several businesses across these industries and are expanding employee numbers nationally.
Agri-food and Tourism are also targeted with the creation of a food innovation hub and a dedicated food innovation centre in the region, and help for food companies with high potential to scale. A new programme to build on the success of the Wild Atlantic Way, building on new tourism offerings and delivering new opportunities for the region. Department reports show that 5,000 extra positions have been created in the region already this year, a 20% increase.
The strategy includes some 194 actions, one of which is to increase the number of start-ups in the region by a quarter and improve their survival chances.
IDA Ireland will also increase its investment, with a minimum of 92 additional projects in the region by 2019. Facilities are being built in Castlebar (2016) and Galway (2017) to help achieve this. Local Enterprise Offices (LEOs) will disburse over €3m in grant funding and provide mentoring support to more than 1,000 businesses per year.
Plans to deliver a series of actions to develop the marine research and ocean energy industries in the region have alse been unveiled. These areas are enjoying significant growth at the moment. Ireland, in the west and southwest particulary, is well positioned to become one of the world’s leading countries with regards marine research and ocean energy. Last month, €3.5m funding was secured by three companies in this area. 10,000 jobs in the marine economy are projected nationally, by 2020.
Increased participation of women in entrepreneurship is also a theme of the action plan. This will be achieved through Local Enterprise Offices alongside a Galway Chamber Female Entrepreneurship Programme focusing on growing and scaling enterprise.
Full Press Release available here
The CareersPortal Team