Online Developments

Jun 14

PayPal to Create 400 Dundalk Jobs.

The new jobs will be in telesales, merchant services, cost solutions and risk operationsOnline payments company PayPal is creating 400 jobs over the next four years at its European operations centre in Dundalk, Co Louth.

The positions will be in telesales, merchant services, cost solutions and risk operations.

The roles are due to be in place by 2018, bringing PayPal’s total Irish workforce to 2,900 by 2018.

In 2012, the US firm announced the establishment of its European operations centre in Dundalk. At the time it said it would create 1,000 jobs by 2016.

Today’s additional jobs will bring combined PayPal and eBay employee numbers in Dundalk to 1,850 by 2018.

The company said the roles are primarily English speaking but it also has a number of other language opportunities.

PayPal’s centres in Dublin and Dundalk manage 60 million active accounts in Europe, the Middle East and Africa.

The company said its growth in Ireland is being fuelled by the increasing number of businesses and consumers who choose PayPal to trade and shop online.

“Dundalk is a very important site in our global operations for supporting our customers. We are already ahead of schedule in recruiting our first 1,000 teammates, thanks to our continued expansion, together with the high-calibre people we have already employed,” commented Louise Phelan, Vice President of Global Operations for Europe, Middle East and Africa.

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May 14

Online Jobs Fair to Offer 200 Technology Jobs in Ireland

It is hoped an online jobs fair can help address the skills shortages within the information and communications technology (ICT) sector.

Up to 200 jobs will be on offer via the internet event which has been organised by EURES Ireland, the European Employment Service for the Department of Social Protection.

Candidates can apply for jobs and be interviewed via the web from 10am to 1.30 pm. Jobseekers from Europe will be able to talk to employers, apply for jobs and book one or more interviews.

EURES manager for Ireland Muriel Cleary said: “We’re providing a service where (Irish employers) can source people nationally or in any of the European member states.”

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Oct 12

YapStone International Ltd to create 120 jobs in new Co Louth headquarters

YapStone International Ltd to create 120 jobs in new Co Louth headquarters

YapStone International Ltd to create 120 jobs in new Co Louth headquarters

(From left) YapStone co-founder and CEO Matt Golis; IDA Ireland CEO Barry O’Leary; Minister Minister for Jobs, Enterprise and Innovation Richard Bruton, TD; and YapStone co-founder and chairman Tom Villante. Photo via Business Wire.

YapStone International Ltd, a provider of web and mobile payment solutions and processing for targeted vertical markets, is to create 120 jobs at its new EMEA headquarters in Drogheda, Co Louth.

The new jobs will be in the areas of customer support, research and development, software engineering, finance and accounting. Recruitment for these positions will begin immediately and interested applicants may apply online.

Ireland’s Minister for Jobs, Enterprise and Innovation Richard Bruton, TD, made the jobs announcement in California, where he and IDA Ireland CEO Barry O’Leary met with YapStone founders Matthew Golis and Tom Villante. The announcement comes as part of a week-long programme of events with current and prospective IDA clients in Seattle, Washington; San Francisco, California; Los Angeles, California; and Silicon Valley.

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Sep 12

Finance firm creates 400 posts in jobs blackspot

Realex, the online payment firm, is expanding its operations in the capital, boosting its workforce up to 170 by the end of next year.Realex, the online payment firm, is expanding its operations in the capital, boosting its workforce up to 170 by the end of next year.

UP to 400 highly skilled jobs for graduates are to be created in one of the country’s biggest unemployment blackspots.

Northern Trust, a financial services firm which employs 900 people across the country, is more than doubling the size of its Limerick operation over the next five years.

The positive news came as 50 jobs were announced by Taoiseach Enda Kenny at the new Dublin city offices of Realex Payments, and 15 jobs were created at a Galway firm.

Northern Trust’s investment in Limerick is understood to be the biggest in the region by a multinational company in more than a decade.

The US firm already employs 300 in the city, with more than 200 of these former students of University of Limerick and Limerick Institute of Technology.

Northern Trust’s base at Hamilton House on the outskirts of the city is located alongside the plant where Dell employees assembled laptop computers before 1,900 people were made redundant in 2009.

Head of Northern Trust’s Irish operations Clive Bellows praised a visit by Jobs Minister Richard Bruton to Northern Trust’s head offices in Chicago earlier this year which was very “well received” by senior management.

Mr Bruton said he believed international investment has returned to Ireland and that the Government had to identify new opportunities compared to the previous reliance on the manufacturing industries.

“Manufacturing remains a very important sector, but obviously we have to move with the trends and identify the technology areas and the opportunities,” he said.

Finance Minister Michael Noonan said the 400 jobs were significant as they were “high-level, high-skilled jobs which will suit young graduates”.

Elsewhere, the Taoiseach announced 50 new jobs at the new Dublin city offices of Realex. The online payment firm is expanding its operations in the capital, boosting its workforce up to 170 by the end of next year.

“Realex Payments exemplifies the type of company that will be central to the recovery of our economy,” he said.

The payment services firm, that boasts Aer Lingus and Virgin Atlantic among its clients, also received praise from one of the stars of ‘Dragon’s Den’.

Sean O’Sullivan, whose tech firm Avego uses Realax, said it would receive the seal of approval from his fellow Dragons on the hit RTE show.

“They have great products. It is competitive internationally. It is better than most of its competition,” Mr O’Sullivan told the Irish Independent.

Meanwhile, a tech start-up firm has found a novel way of interviewing potential employees — by running hackathons.

KantanMT, a cloud-based machine-translation firm, is creating 15 new jobs in Galway.

And founder Tony O’Dowd has made an unusual appeal to the hacker community in order to find software developers.

“It’s a tough competition. We give them a difficult problem to solve, give them the tools and set them on their way.

“The ones that can hack a solution together we take for interview and hopefully offer them a job,” Mr O’Dowd said.

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Aug 12

Amazon and ‘IT’s Happening Here’ join Career Zoo line-up

Amazon and ‘IT’s Happening Here’ join Career Zoo line-up

Amazon and ‘IT’s Happening Here’ join Career Zoo line-up

Previous Career Zoos have attracted large crowds

E-commerce giant Amazon and Irish software initiative ‘IT’s Happening Here’ have joined the line-up of employers at Career Zoo, Ireland’s career event for graduates and professionals, at The Convention Centre Dublin on Saturday, 22 September.

Amazon will be looking to hire staff for its Dublin and UK technical offices.

‘IT’s Happening Here’, which is supported by Enterprise Ireland, promotes career opportunities in Irish-owned software companies.

Acting as an umbrella brand for the industry that comprises more than 600 companies, it aims to attract software professionals at Career Zoo (both in Ireland and from overseas) to work in the sector.

“We are strongly supportive of this initiative which puts the spotlight on our indigenous software industry,” said Anne Lanigan, Software Division, Enterprise Ireland.

“The innovation and capability of this industry is second to none. To paraphrase (playwright) George Bernard Shaw – ‘they see things that never were and ask why not?’ For a software programmer, this is one of the most exciting places in the world. These vacancies need to be filled by the best and brightest to ensure the growth and future of this industry.”

The Irish-owned software industry is thriving. Predominantly export driven, it has delivered double-digit growth in exports in the last two years and is crying out for skilled workers.

The industry is looking for 1,500 highly skilled professionals who want to work in a fast-paced, challenging environment where they will see their software technologies used in major cities around the world.

The IT’s Happening Here video gives a taste of what it’s like to work for an Irish-owned software company:


Previously, Microsoft, the Irish Research Council and Hays Recruitment were announced as sponsors of Career Zoo.

“Having Microsoft, ‘IT’s Happening Here’ and Amazon on board as sponsors for this event reaffirms Career Zoo as an important hiring tool for companies in Ireland looking for top tech talent,” said director at Career Zoo Jackie Slattery.

“There will also be employers from other sectors, such as pharma, biomedical, finance, agri-food and more. It’s going to be a national showcase of career opportunities in Ireland today.”

Career Zoo grows over four years

This is the fourth Career Zoo event with the previous events taking place in the Mansion House in Dublin and attracting more than 10,000 visitors with many jobs being filled across various sectors. This September’s event will be building on this success with a move to The Convention Centre Dublin.

“Moving Career Zoo to The Convention Centre has allowed us more space and scope for exciting new developments, such as an interactive area, a games zone and a ‘Tech Box’, where tech activities will be taking place over the day, so as well as the serious business of career development there will also be an interactive and a fun element to the day,” said Slattery.

Major multinational and Irish companies, educators, recruiters and enterprise organisations will be in attendance, with top employers hiring at the event for thousands of jobs in Ireland. The event runs from 10am-6pm. Admission is free for all visitors, who may register online their interest in attending Career Zoo.

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Jul 12

Irish Net Users Get Their Heads in the Cloud

CLOUD POWER: A stand hostess holds up a Samsung tablet PC on the first day of the CeBIT 2012 technology trade fair on March 6th, 2012 in Hanover, Germany. Advances in cloud computing and security were major features at the fair this year (Sean Gallup/Getty Images)CLOUD POWER: A stand hostess holds up a Samsung tablet PC on the first day of the CeBIT 2012 technology trade fair on March 6th, 2012 in Hanover, Germany. Advances in cloud computing and security were major features at the fair this year (Sean Gallup/Getty Images), the enterprise cloud computing company, announced plans this week to add more than 100 new jobs in Dublin to meet the demands of continued growth in Ireland. The company is immediately looking to hire qualified professionals in sales, marketing, IT and customer support functions.

In further developments this week, University College Cork announced that it will partner with Dell and VMware to set up a cloud computing incubator, allowing smaller firms the chance to apply cloud in their businesses—free of charge. Efforts are underway to encourage cloud-based enterprises both north and south of the border: the BBC reported this week that cloud could bring 16,000 jobs to Northern Ireland over the next few years.

The announcement was made in Dublin on Friday by Ireland’s Minister for Jobs, Enterprise and Innovation, Mr Richard Bruton TD, and’s EMEA chairman, Dr Steve Garnett. IDA Ireland has worked with on its developments in Ireland since it first established operations in Dublin in 2000.

Cloud computing allows users to store and use files and applications via the internet. It is seen as a boon for businesses and consumers alike, as it can free up resources by allowing users to rent software rather than buy it, and to store their files on remote servers rather than buying those servers themselves. Retail and service providers often find cloud computing particularly attractive in their efforts to improves services and reduce costs.

Indeed, new research published this week by Cisco shows a dramatic shift in attitudes towards cloud computing in the UK and Ireland. The report, Cisco CloudWatch 2012, is the second in Cisco’s annual Cloud series and finds IT decision makers in bullish mood, increasingly placing applications and services from across their business into the cloud, and planning for further investment over the coming 12 months.

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May 12

Technology surge to bring 190 more ‘high-end’ jobs

                THE booming technology industry is set for another boost with the        

                                                             creation of 190 jobs.

Online giant Amazon has announced 100 new jobs at its Development Centre in Dublin, while Irish online start-up will create another 40 positions.

Action Point Technology Group, which has helped ensure US President Barack Obama does not fluff his lines on live TV, is creating another 50 jobs.

Amazon has already begun recruiting IT engineers, software developers and technical managers at its base in Kilmainham, which opened in 2005.

Details are available on


Jobs Minister Richard Bruton said the jobs were “high-end”.

Managing director of the Amazon development centre Paul Conlon said Dublin was an excellent location for finding “the top talent”., which helps small producers sell their products online, plans to fill a further 40 posts in the next 12 to 18 months.

The firm, run by PDQ Distribution Ltd, is based in Blanchardstown in Co Dublin.

Meanwhile, Limerick-based Action Point Technology Group has announced 50 jobs.

Up to 70 people will be employed at the company at Plassey Technological Park in Limerick by the end of 2014.

Founded in 2005 by John Savage and David Jeffreys, it has already begun recruitment for 30 software developers.

Mr Savage said the software for autocues developed in Limerick has been used by Beyonce and Jennifer Lopez.

“Our claim to fame is that for a brief period last year we had Barack Obama talking his speech from our autocue,” he said.

“He came to LA and hired a company that we wrote the software for and next thing, Barack Obama was talking away and reading from our system.

“It was nerve-racking. You certainly don’t want to fail when the leader of the free world is talking.”

Employer group ICT Ireland said 4,000 new technology jobs had been announced so far this year. This is equal to the total number created in the sector last year.

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May 12

20 years of the internet in Ireland (timeline)

20 years of the internet in Ireland (timeline)20 years of the internet in Ireland (timeline):  Twenty years ago today Barry Flanagan began Ireland On-Line in his house in Galway, kick starting the internet as a consumer phenomenon in Ireland. We look back at some of the pivotal moments in Ireland’s internet history.

Today is an important line in the sand and an opportunity to look back on 20 years of frenetic activity as the internet emerged and grew in Ireland. Nothwithstanding doomed IPOs, frustrations with rolling out broadband and the ebb and flow of job creation, Ireland has emerged as one of the leading digital economies in Europe with some of the biggest names in the internet space choosing the country for their international headquarters.

As such, we thought we’d provide a timeline of the last 20 years of the internet. If we missed anything don’t hesitate to get in touch.


  • Barry Flanagan establishes Ireland On-Line in his house in Galway – Ireland’s first consumer-focused ISP is up and running


  • Netscape’s browser comes on the scene and the internet as we know it today is born


  • ISP Indigo launches on the Irish market


  • The Irish Internet Neutral Exchange (INEX) comes into being when Irish ISPs band together


  • Mergers and takeovers – An Post’s network division PostGem buys IrelandOnline for IR£2.5m and Eunet is bought by Esat Telecom for IR£3.2
  • The Irish Internet Association (IIA) is established
  • The Internet Service Provider Association of Ireland (ISPAI) is formed with Cormac Callanan as its first president
  • Eircom enters the ISP business with Telecom Internet (Tinet)
  • US President Bill Clinton and Taoiseach Bertie Ahern sign a strategic joint communiqué on e-commerce using a digital signature from Baltimore Technologies


  • Deregulation of the Irish telecoms market commences


  • NTL buys Cablelink for £538m; Global Crossing installs £70m hub at CityWest; An Post sells IrelandOnline and PostGem to Esat Telecom for £115m
  • Esat Digifone unveils first iteration of mobile internet with WAP (wireless application protocol) services
  • Digital Hub project unveiled to establish a digital quarter in Dublin’s Liberties district
  • Eircom floats on Nasdaq. At this point the company is profitable, has no debts and employs 12,000 people


  • Draft E-commerce Bill published
  • meltdown begins in US – Europe and the rest of the world carry on regardless
  • Some 23 data centres built in Dublin involving an investment of IR£500m


  • Eircom restructures multimedia division with loss of 5,000 jobs
  • 9/11 tragedy in New York and Pennsylvania


  • Half of the 23 data centres in Dublin go out of business as ravages of downturn continue
  • 3G licences awarded to O2, Vodafone and Hutchison Whampoa
  • As telecoms downturn rages, European telcos ask for return of €160bn worth of 3G licence fees; European Union says no


  • Commercial launch of 3G services by Vodafone


  • Google, eBay, Yahoo! select Dublin as a location for their respective European operations – Ireland begins to take centre stage in the internet world
  • Facebook is born in a dorm room in Harvard University


  • Ryanair is named the most popular airline on the web by Google as continues to be the most-searched travel website in Europe
  • MediaLab Europe, part of the prestigious Boston MIT, closes with the loss of 35 jobs and €35m in Government money; Amazon establishes European headquarters in Dublin


  • Vodafone, O2 and 3 reveal plans to launch HSDPA (high speed downlink packet access) 3G broadband services, speeds up to 3.6MB available
  • Ireland ends the year with 430,000 broadband subscribers
  • Digiweb reveals plans to invest €8.5m in rolling out Metro broadband to 20 locations


  • Apple CEO Steve Jobs unveils the first iPhone
  • Bebo begins working with police forces to curb cyberbullying. Irishwoman Rachel O’Connell becomes head of internet safety at Bebo
  • Magnet begins offering 12Mbps services
  • Microsoft launches Windows 7
  • Vodafone buys Irish ISP Perlico for €80m


  • Limerick brothers Patrick (19) and John (17) Collison become overnight millionaires when their start-up Auctomatic sells to Live Current for just under US$10m
  • WordPress parent Auttomatic buys Sligo-based internet firm formed by David Lenehan and Eoin Gallagher
  • Social network Facebook chooses Dublin for its European headquarters
  • Magnet unveils 50Mbps fibre broadband service


  • Apple reaches 1bn apps milestone
  • BT and Vodafone enter into joint venture – plan involves BT transferring its consumer and business ISP business to Vodafone and plan revealed to unbundle 58 new exchanges


  • Apple launches the first iPad
  • Microsoft launches first Kinect sensor – welcome to the world of hands-free gaming
  • Google embarks on a ‘Mobile First’ strategy
  • Microsoft builds massive US$500m cloud data centre in west Dublin
  • Google launches Street View in Ireland
  • LinkedIn opens Dublin office
  • Google creates 200 new jobs in Dublin at major new ops centre
  • Dublin Web Summit brings Twitter founder Jack Dorsey, YouTube founder Chad Hurley, Skype founder Niklas Zennstrom and Bebo founder Michael Birch to Dublin


  • Twitter chooses Dublin for its international HQ
  • Facebook CEO Mark Zuckerberg seen strolling around Dublin
  • LinkedIn creates an additional 100 jobs in Dublin
  • Google locates major US$75m data centre in West Dublin
  • Bioware locates major operation in Galway with 200 new jobs to support launch of online Star Wars game, The Old Republic


  • Eircom goes into Examinership with debts of €3.4bn, 5,000 employees
  • Patrick and John Collison’s latest start-up Stripe earmarked as a potential US$1bn valuation company
  • Government and major telecoms CEOs publish Next Generation Broadband Taskforce report
  • Facebook IPO
  • Rumours of an Apple television on the horizon


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May 12

Top tips for Irish business, rock stars and innovators

Silicon Valley venture capitalist Richard A Moran says innovators who have an idea and construct a company around it will help rebuild the Irish economy: here he lays out some ‘bullets’ to pump air into the tyres of our businesspeople

Any Irish person employed by Facebook or Google or Twitter in Dublin, no doubt, has a good job and is the envy of the neighbourhood.

Working at any of these companies should mean you are at the cutting edge of cool new technology. It does not, however, mean that lucky person is an entrepreneur or an innovator. Entrepreneurs create companies and those companies are already created. Ireland needs to create more companies through innovation and execution around good ideas.

Innovators and entrepreneurs are the new rock stars. The book about Steve Jobs sold way more than the book about Keith Richards in spite of the real life stories of sex, drugs and rock ‘n’ roll in Keith’s book.

Ireland has always had lots of the real rock stars: I want to help Ireland develop the other kind of rock stars — the innovators who have an idea and want to build a company around it. The people who will help build an economy.

As someone who has listened to hundreds of Irish entrepreneurs give “pitches” in the hope of attracting investors, my reactions have varied greatly. I have been astounded with the passion of the innovator; I have wondered if the presenter is speaking English; I have delighted in the knowledge that a big idea came out of an Irish college; I have noticed that a lot of Irish men have had broken noses; and I have been impressed with the energy and focus of so many.

Most importantly, I have seen and heard Irish entrepreneurs undersell their ideas and their capabilities.

With these ‘bullets’ I hope to pump more air into the tyres of Irish entrepreneurs. Ideas should get funded based on the strength of the innovator and the idea. They should not get rejected based on the presentation skills or the naivete of the innovator.

Entrepreneurs need to be storytellers. When giving a pitch to investors or describing your new idea to your neighbours, these are the factors to keep in mind, especially for the Irish.

No excuses for being Irish. Don’t say anything like: “I know you are not accustomed to investing in Irish firms.”

In fact, do the opposite. Play up the Irish. Throw a poem in there if you want. The Israelis boast of their ability to be tough to their advantage. Use your Irish heritage to convey being a visionary and being tough at the same time. And always play up the gateway to Europe deal.

What is it? Have you developed a piece of hardware, software, a refrigerator or a cold fusion machine? Too often, a founder will be so excited describing the inner workings of a thingamajig that I can’t place it in the context of what I know.

This is the ideal time to tell the story of the idea, how it came to fruition and how it turned into a product around which a company can be built. If you cannot explain what it is simply, you have a problem. If I cannot understand what it is, you have a problem. Never be embarrassed to just say what it is.

People get backed, not technology — think of it like American Idol or Teen Idol Ireland except you are not singing.

The idea is important but the entrepreneur is the filter through which the idea will be viewed. The question will be asked: “Is he/she backable?” The question is not “is the product backable?”

Never underestimate the importance of the “show” to be put on and be prepared for it. If you can tell a good story in an investor presentation, you can tell one that will attract employees and customers too.

Create an equation, If you give me millions, I will return — make it easy to understand where and how any investment money will be spent.

Investors are like entrepreneurs; they are dreamers and want to visualise a place and a team toiling away in a loft somewhere in Ireland. The equation should also include a return on an investment. Investors don’t care about percentages; they care about multiples. As in, an investment will return four per cent is of no interest. Instead, the message is an investment will return four times your money.

Always show a hockey stick, fib if necessary. There is always a page of financial projections and the line of progress should always be up and to the right. It’s okay if year one is projected to be a loss, year two might about break even, year three should be about €3m, year four €12m followed by infinity and beyond. You are selling optimism and hope there will be a big return.

Simple is better, very simple — you may not even get enough time for the elevator speech so it is important to create metaphors, analogies and simple statements.

Think “as PayPal is to eBay, we are to xyz”. Or “our company is like Zillow for rugby jerseys”. Or “our product will eliminate the need for lawn mowers”.

Explain how you plan to make money — unless you are Twitter, having traffic with no revenue isn’t an equation for success. Internet traffic does not necessarily equate to revenue. Your Mum being proud of you does not equal revenue. Customers who are willing to pay for something is what generates revenue. Be sure to explain how the great idea will ‘convert’ to revenue or you won’t get any investment.

Say nothing crazy. “We will replace Google” or “we are the next Facebook” or “Apple is worried about us” will get you credit for gumption but probably not any money. Aspirations are good and disruption of a market is even better but pick your spots. Big statements and metaphors will help an audience know what you are thinking but don’t make the audience think you are clueless.

Never say there are no competitors. Repeat, never say there are no competitors. There are always competitors and you need to know who they are. Somewhere around the world someone else is working on the cure for toenail fungus or virtual currency in poker games. To insist on the ‘no competition’ theme could make people wonder, “If it is such a great idea, why is no one else working on it?”

Demos are not necessary — investors will assume that whatever it is, it works. Too often I have seen apologetic entrepreneurs fumble with cables and internet connectivity only to end up looking forlorn because the demo doesn’t work. Unless it is a demo that replicates X-ray vision or time travelling, describe it in such a way that the audience is dying for a demo — that you can show later. Demos don’t get funded, entrepreneurs do.

Tombstones and Pedigrees — the logos of where the team formerly worked and where they went to school does matter. It may not be fair but it does matter. Highlight all the brands and colleges that people will know. If there is nothing that anyone will recognise, have an alternative good story that highlights some aspect that makes it easier to make an investment decision.

Innovators build economies. Ireland needs to build an economy that is not based on outsourced jobs from elsewhere. Ireland needs to build its own companies through innovation which, in turn, will build the economy.

In the meantime, remember that blind squirrels do find acorns.

Richard Moran is a partner in Irish Technology Capital and the CEO of Accretive Solutions. He is the author of six books, the latest being ‘Sins and CEOs’.

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Apr 12

Offaly earmarked for 120+ jobs under new Connect Ireland initiative

County managers from Laois and Offaly attended a breakfast briefing in Kilkenny Castle recently to learn how Offaly and Laois can participate and benefit from the Connect Ireland jobs initiative.

This simple locally-based programme was unveiled by Irish entrepreneur Terry Clune, founder of international tax consultancy, in conjunction with the Government and the IDA. It aims to create at least 5,000 jobs in Ireland over the next 5 years with approximately 120 of these earmarked for the midlands.

Terry commented at the launch, “I believe in Ireland. I believe in it strongly as a fantastic place to do business. And I believe that the people of the midlands have the power and the contacts to attract business to and create jobs for their county. Our mission is to attract companies which are expanding internationally to locate in Ireland and create new jobs for the Irish economy”. is calling on the people of Laois and Offaly to use their contacts to open up new avenues of communication to ultimately lead to job creation in Ireland. Under the initiative, any person who introduces a company to ConnectIreland which creates jobs will be paid a minimum of €1,500 per job, up to a maximum of 100 jobs. The reward is payable in two stages – 50 per cent after one year of the job being created, and 50 per cent after two years. Connect Ireland will be paid by the State on a success only basis, for each job created through ConnectIreland. This payment will range from €1,000 to €2,500, payable two years after each job has been created.

The program is open to everyone across the world.

Terry continued, “Wherever you come from, if you can introduce our team to a company which is expanding internationally, we want to speak with you. Ultimately, we want to speak with a decision maker in an expanding company. We will explain why they should locate in Ireland. Tell everybody you know about ConnectIreland. Talk to your aunt in America, your cousin in Asia, your neighbour’s friend, your old college roommate … remember everybody has connections. They just need to know what to look for. Through your contacts, introduce our team to a company that’s expanding internationally. Our team will manage your introduction from there, and explain why they should locate into Ireland. If they do, you will earn a financial reward for you”.

According to Terry, “Assume one unemployed person gets a job in a company that came through ConnectIreland. The Connector will receive a reward after one year. However the State will save on reduced social welfare costs immediately. The average annual cost to the State of one unemployed person is €18,000, (€36,000 over two years). In addition, the State will accrue taxation on the new employment, through income tax, PRSI, plus vat on fuel, food, etc.”

Terry concluded, “We have a dedicated professional team of 30 based in Kilkenny, Ireland, who are the central point of contact for all introductions. Our team also includes experienced foreign direct investment specialists to work with companies and help them understand why they should choose Ireland. If you are a small internet company in the US or China or Brazil and you are told that Google, Yahoo, YouTube and Facebook have all their European operations in Ireland, you are going to take interest. We just need to get that message out there. This initiative is open to absolutely everybody; there are three million Irish people above the age of 18. Together we all know a huge amount of people.”

The Steps?

* Step 1 – Register & create your online account to stay in touch.

* Step 2 – Speak with your contacts to identify a suitable company where you have a connection. Typically, the company needs to be expanding, be export focussed, and not already be in discussions with the Irish authorities.

* Step 3 – Enter the company details into your online account. Your account manager will phone you. If it’s what we’re looking for, we’ll ask you to set up a telephone appointment for us with a senior company decision maker.

* Step 4 –Provided that phone appointment goes ahead, you will be deemed to be the official introducer.

* Step 5 –Our team will manage your introduction from there, convincing the company to locate in Ireland. You can follow our progress through your online account, and your account manager.

* Step 6 –Once the company establishes in Ireland, your account manager will let you know.

* Step 7 –You will receive a financial reward for each job created by that company over a three year period, subject to a minimum of €4,500 if 3 jobs are created, and a maximum of €150,000 if 100 jobs or more are created.

For example if 20 jobs have been created from your introduction, you will receive a reward of €30,000, payable half at the end of the first year of the job being created, and half at the end of the second year. You can decide to keep the reward, or donate it to your preferred charity.

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