Three businesses have chosen Ireland for their new hubs, with Cork, Galway and Dublin benefiting from 35 new jobs.
ConnectIreland has had a good day, with news of three companies entering Ireland through the scheme, setting up international operations in various locations.
A total of 35 jobs are being created across the companies, with the geographical spread as varied as the industries the new businesses operate in.
Jobs in Ireland
The 12 new Dublin jobs are with software company Kochava, based at the Fitzwilliam Business Centre in the city centre. This new European HQ will work on product support and regional sales for clients and prospective clients. The main functions of the operations will include sales, marketing, and technical support.
US-based Misfits Inc is heading to Galway, setting up its global HQ and creating 13 new jobs at its start-up subsidiary, Snapstory. The new Snapstory enterprise android application allows NGOs and non-profits to measure, evaluate and tell authentic stories about the work they do across the world.
Meanwhile, Wavepower Technologies, a UK company investigating wave energy, is establishing a future development research group at The Entrepreneur Ship in Ringaksiddy, Cork, creating up to 10 advanced engineering research jobs.
This is an industry that’s exploding into life, particularly for businesses based on Ireland’s Atlantic coast.
Last year, for example, FORESEA (Funding Ocean Renewable Energy through Strategic European Action) was launched to help enterprises develop low-carbon energy technologies in real sea environments.
SmartBay, a Galway-based company, was a primary driver on this project and, along with several other operators in this space, is helping turn Ireland into a bit of a wave technology global hub.
“We recognise the incredible cluster of expertise, resources and research facilities in Ringaskiddy and are excited to become part of this community,” said Wavepower CEO Prof Mark Gillan.
“We look forward to being an active member of the marine innovation ecosystem in Ireland, and benefiting from Ireland’s track record in innovation in the renewable energy environment.”
Earlier today, fintech and regtech player Fenergo revealed plans to nearly double its workforce to meet demand, announcing that it is to hire 200 staff over the next 18 months.
Regulating the fintech world – commonly known as regtech – will define many financial institutions and players in the years to come, with the advent of initiatives like PSD2 and the Markets in Financial Instruments repealing Directive (MiFID II) landing in 2018.
Fenergo provides software solutions for investment, corporate and private banks to manage the regulatory onboarding and entity data management processes.
The roles that Fenergo is looking to fill include product management, software engineering, implementation, consulting and marketing.