LEO Limerick assisted enterprises that produced 179 net new jobs in the last year, according to the LEO annual statistics for 2021.
This is the ninth consecutive year that LEO Limerick client positions have grown, with 298 small enterprises employing 1,825 people.
The net jobs created by LEO Limerick clients includes enterprises that merged or migrated to Enterprise Ireland.
Nationally, LEOs now support 35,729 jobs in 7,158 businesses. In 2021, LEO client companies created 7,440 new employment, a net of 2,999. Nationally, this was up 9%.
Thousands of additional small businesses across the country benefit from LEO programmes including Trading Online Vouchers, Lean for Micro, and Green for Micro, as well as training and mentorship.
Local Enterprise Offices helped thousands of small businesses pivot online or change their products and services in 2021. On-the-job training and mentoring
LEO Limerick’s Head of Enterprise, Mike Cantwell, said: “These statistics show the resilience of Limerick’s small business community. Adversity forced them to adapt, pivot, upskill, and do whatever it took to keep their enterprises going. Our employees went above and above in supporting small businesses throughout the COVID outbreak, and we now look forward to 2022 with renewed optimism.”
The LEO team will continue to work with Limerick City and County Council, Enterprise Ireland, and others to ensure our small businesses get the best possible support and nurture the green shoots appearing across the county.
“The job creation figures released are a significant validation of the entrepreneurial and innovative capacity that exists in the Limerick region,” said Vincent Murray, Director of Economic Development & Enterprise, Limerick City and County Council. During the repeated lockdowns, the great collaboration between the Enterprise office and new or developing entrepreneurs saw a record number of new businesses start. The Local Enterprise Office can help new businesses get started by providing grants and information, as well as mentoring and training. The Local Enterprise Office is a wonderful resource for emerging entrepreneurs with business ideas. “Our Local Enterprise Offices have assisted almost 35,000 individuals working in small enterprises across the country,” said Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar. Throughout the pandemic, I know many people relied on their local office for assistance, training, or financial support.
“Considering the year we had, LEO-supported firms created approximately 3,000 net new employment last year. Notably, 85% of these employment were outside Dublin, demonstrating the Government’s focus on balanced regional development.”
“These figures are very encouraging and will help us reach our aim of 2.5 million jobs by 2024. Thank you to our LEO team for an outstanding year.”
“2021 was another very promising year for job creation in enterprises backed by the Local Enterprise Offices,” said Leo Clancy, CEO of Enterprise Ireland. The Local Enterprise Offices and Enterprise Ireland will continue to work closely together over the next three years to ensure that companies of all sizes have the best possible support to back their growth and development. Entrepreneurship and online presence are the keys to “vibrant local economies.”