Friday 24 November 2017

LEO businesses in Wexford created 103 net jobs last year

By Esther Hayden

A total of 103 net new jobs were created by Local Entreprise Office clients in Wexford last year.

Members of Wexford County Council heard last Monday that nationwide a net total of 3,679 new full and part-time jobs were delivered in 2016 by the 6,846 small businesses from across the country that have been supported by the Local Enterprise Offices (LEOs).

The results which were derived from the latest LEO annual jobs survey, compiled by Enterprise Ireland, show that overall in 2016 a total of 7,883 new full and part time jobs were created in gross terms amongst LEO supported companies.

In Wexford the survey showed that small companies supported by LEO Wexford directed created 197 new jobs in gross terms and 103 new jobs in net terms across the county.

The LEO annual jobs survey monitors employment performance amongst micro enterprises employing 10 people or less that have received direct financial assistance through the LEOs. In 2016, 1,040 business projects around the country were directly supported by the LEOs to the value of €11.4 million.

In Wexford 28 business projects across the county received €389,034 through LEO Wexford which currently has a client portfolio of 187 businesses supporting 1,192 jobs.

LEO Wexford support entrepreneurs and small businesses with training, mentoring and referral aimed at developing business ideas and building company capacity. Locally 948 people took part in training programmes and 121 businesses availed of specialist mentoring support through LEO Wexford.

Cllr Mary Farrell said that it was great to see such success coming from the Wexford LEO office and its clients.

Wexford People

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