Companies supported by Local Enterprise Office Limerick created 238 jobs in 2023. The total national figures for Local Enterprise Offices across the country were announced by the Minister of State for Business, Employment and Retail, Neale Richmond today.
They show that LEOs now financially support 38,726 jobs across 7,167 companies. This is the most jobs the Local Enterprise Offices have supported nationally since their inception in 2014.
In 2023 there were 6,640 new jobs created by LEO client companies with a net jobs creation figure of 2,131. This was up 6% nationally on 2022. From the jobs created, 82% were outside of the Dublin region.
The LEOs also provide substantial funded supports to thousands of other small businesses across the country with programmes such as the Trading Online Voucher, Lean for Business and Green for Business along with training and mentoring.
Minister Neale Richmond, T.D., said; “I have been fortunate enough to visit many Local Enterprise Offices and I have seen first-hand the superb quality of their mentorship and supports, and the impact they have on the businesses and entrepreneurs they support. These results are a testament to our Local Enterprise Offices; ten consecutive years of job growth is a major accomplishment that reminds us how crucial their support is both for new businesses, but also in helping existing businesses to grow.
The Local Enterprise Offices were to the fore in supporting small businesses across the country in 2023, helping thousands to pivot online or adapt their products and services through a large suite of supports. Local Enterprise Offices offer training and mentoring in a range of areas from financial skills and product innovation to starting your own business and maximising your presence online.
Mike Cantwell Head of LEO Limerick said;
“The results announced today are a testament to Limerick’s small business community. When faced with adversity, they have adapted, pivoted, upskilled and did whatever it took to sustain themselves. The figures show that companies have seen the opportunities in the challenging trading conditions they have faced. The Local Enterprise Offices across the country have gone above and beyond in their support of small businesses and there is renewed optimism. We are seeing new opportunities for Irish businesses here and as always with tough economic periods we see new ideas and companies emerge and flourish. This year will be no different and as we continue to work closely with Enterprise Ireland and the local authorities to ensure our small businesses get the best possible supports there are certainly green shoots emerging across the country.”
The Local Enterprise Offices located in the local authorities and funded through Enterprise Ireland support thousands of small Irish businesses and entrepreneurs nationwide. Since their establishment in 2014 they have been the first stop shop for entrepreneurs and small businesses, providing a range of supports including financial, mentoring, training and sector specific expertise to help guide businesses at any stage of their development.
They also run key initiatives to foster entrepreneurship across the country, including Local Enterprise Week, National Women’s Enterprise Day, the Student Enterprise Programme and the National Enterprise Awards. The Local Enterprise Offices are also running a campaign encouraging small businesses to save time, money and energy by availing of their competitiveness and productivity supports including Green, Lean and Digital for Business - www.AllInADaysWork.ie
For more information on the Local Enterprise Offices go to www.LocalEnterprise.ie/Limerick