Tech SMEs invest over £4 million to increase exports and create 33 jobs
Seven SMEs in Belfast are investing more than £4.1m to grow exports, invest in research and development, and create 33 new jobs.
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Seven SMEs in Belfast are investing more than £4.1m to grow exports, invest in research and development, and create 33 new jobs.
The Taoiseach and Ministers Burke and Archibald have announced six projects under the €20m Shared Island Sustainability Capital Grant scheme.
Bangor-based McWhinney’s Sausages is investing £2.2 million in new equipment to increase productivity and automation.
O&S Doors is investing £9m to install a biomass-fuelled Combined Heat and Power (CHP) system. The investment is co-funded by the Shared Island Sustainability Capital Grant Scheme, with a grant of £2.4m.
Tamnamore animal feed and bedding manufacturer, Capper Trading is investing £6 million to develop a renewable energy hub.
Three technology companies are receiving over £1.8m in equity investment to accelerate product development, increase exports and create new jobs.
Cirdan Imaging is investing £12.9million which will enhance the company’s innovation and skills, improve the efficiency of its laboratory information system.
CattleEye, a subsidiary of GEA Farm Technologies, is further investing in Research and Development to enhance the capabilities of its AI livestock system and further develop GEA’s digital offering for the dairy farming sector.
GB supply chain risk management company, Achilles, is establishing a new sales and technology hub in Northern Ireland.
US software company, Craxel has announced that it is establishing an IT and operations hub in Belfast with 27 new jobs.
A new programme designed to support women researchers across the island of Ireland to explore the commercial potential of their research has officially launched.
Economy Minister, Conor Murphy, has announced that Lagan Energy will grow its workforce by 70%, with 30 new roles over the next few years, as it continues to expand its footprint in the global renewables sector.
Seven companies from the Antrim and Newtownabbey Borough Council area are investing for the future by expanding into new markets and creating 27 new jobs, leading to a £1.8million investment in the local economy.
Dual market access allows businesses in Northern Ireland to trade goods freely with both Great Britain and the European Union, offering businesses a competitive advantage in both markets.
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Economy Minister Dr Caoimhe Archibald is in the United States this week for a series of high level engagements aimed at boosting investment, trade and tourism with Northern Ireland.
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