Increasing numbers of High Growth companies are locating in Ireland to scale up and internationalise their operations. The exciting commercial and creative mix on offer, together with a business-friendly environment and speed to market are key motivating factors. IDA Ireland has a dedicated team that works with High Growth companies that are typically operating less than seven years and have a turnover between $20m-$70m.
Ireland has a long established reputation for attracting large multinationals and High Growth Companies. Since 2010, over 250 high growth global companies have chosen to establish operations in Ireland, working alongside IDA Ireland.
Ireland offers High Growth companies the ability to quickly establish their operations and rapidly execute their business model. They also benefit from a strong pool of local talent (Ireland is ranked number one for the availability of skilled people), a streamlined visa process for non-European citizens and a long-established, innovative and robust infrastructure.
A wide variety of High Growth companies are choosing Ireland as a launch pad to global success. These companies are characterised by swift growth and disruptive business models, including Slack, Indeed.com, Qualtrics, and Zendesk.
IDA Ireland is actively working across all sectors with High Growth companies keen to internationalise and grow their business. Companies such as Zalando, SquareSpace, Wrike, Asana, and MongoDB have chosen Ireland for this purpose.
High Growth businesses represent an increasingly important part of Ireland’s high tech, innovative business eco-system. Ireland is a proven location for companies to expand and grow their international operations and forge links with established multinationals, academia, research centres, and indigenous companies.
Ireland has been chosen by many high growth companies as their trusted base for International expansion.
High Growth businesses represent an increasingly important part of Ireland’s high tech business ecosystem. These companies can readily tap into the country’s pool of talent and established infrastructure that has been ranked as a top performer when it comes to delivering innovation.
Ireland tops the rankings for productivity of its labour force and for national culture being open to new ideas.
High Growth companies are encouraged to make the most of opportunities to connect with third-level institutions, as well as with indigenous companies of similar scale and potential. Such connections are actively encouraged and facilitated by IDA Ireland.
Rory Mullen leads a dedicated team focused on the business needs of High Growth companies. To date, over 250 high growth companies have successfully scaled and internationalised using Ireland as their European base. IDA’s team has members on the ground in California - Irvine and Mountain View, Chicago, Seattle, Toronto, New York, Austin, London and Frankfurt as well as Ireland.
Contact us at IDAEmergebiz@ida.ie
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BT Sourced, the innovative new procurement arm of global communications provider BT, is kicking off a recruitment drive for more than 70 roles, based in central Dublin, as it gets ready to open for business in April.
Takeda Ireland, a subsidiary of Takeda Pharmaceutical Company Ltd, today announced a €36 million investment in its Grange Castle facility. The investment will support the expansion of the company’s cell therapy production facility and create approximately 100 new jobs over the next three years.
An Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD and IDA Ireland today welcomed Fidelity Investments® Ireland announcement that it will further grow its national footprint by adding 90 new fulltime jobs within its technology team in Ireland with 60 positions based in the Galway office and the remainder 30 in Dublin.
Huawei today announced it would create a further 110 new jobs in Ireland by the end of 2022, bringing to at least 310 the total of new jobs it will have added over a three year period from 2019 to 2022 – more than doubling its workforce in that time. Huawei will invest €80 million in Irish research and development (R&D) over the next two years to support its growing business in Ireland.
Personio, the all-in-one HR software for SMEs, is doubling down on its efforts to expand its new international business and software engineering hub in Dublin. The HR tech company, which digitises people processes to unlock the productive potential of European SMEs, has grown its Dublin presence from the ground up, building a team of 40 people – since opening its office in the city in April 2020. And Personio is executing on a fast-paced upward growth trajectory, with plans to grow the size of its Irish presence almost fivefold, to 180 by the end of 2021.
IQVIA, a leading global provider of advanced analytics, technology solutions and clinical research services to the life sciences industry, today announced the creation of 170 remote jobs throughout Ireland.
Retail InMotion, a leading global in-flight retail and technology specialist headquartered in Dublin, today announced that it will carry out a new R&D project to meet the new demands arising from the COVID-19 pandemic and utilise pioneering technology to drive innovation and improve the passenger experience across all stages of their journey.
Diligent Corporation, a leading modern governance company whose solutions are trusted by nearly 700,000 board directors and leaders, today announced that it is establishing its European hub in Galway, Ireland. Diligent plans to create more than 200 local jobs in Galway across several business functions, including customer support, customer success, finance, product, HR and marketing.
Munich Re Automation Solutions Ltd. today announced plans to invest approximately €16 million in Horizons, an innovative research & development programme evolving the business from a product to a platform company. The business will recruit a large new team of skilled people, to complement its existing team in Dublin and accelerate the development of new cloud products/services. Munich Re plans to fill up to 60 positions over the coming 24 months.
An Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD and IDA Ireland today announced the creation of 206 jobs in Dublin, Kildare, Sligo and Cork across 7 high growth companies from Europe and the US.
Edwards, the leading supplier of vacuum and abatement services and solutions to the global semiconductor industry, announced today that it is establishing a new Service Technology Centre (STC) in Blanchardstown, Dublin to support the semiconductor manufacturing industry in Ireland. The new centre and associated field service operations are expected to employ up to 120 people across activities such as technology, engineering and support. The development represents an investment in the region of US$7.5 million.
Seed funding for the company comes as it expects significant future demand for its virtual reality remote training technology.
Gilead Sciences, Inc. (Nasdaq: GILD) today announced plans to invest approximately €7 million in the company’s Irish operations, opening a new base in Dublin and creating 140 jobs.
George Jon, Inc. (George Jon), the eDiscovery industry’s leading technology platform and consulting specialist, today announced plans to establish its first international office in Dublin, Ireland, creating 20 jobs in the technology sector over the next three years.
By establishing a physical foothold in the European Union and employing local, Irish application and infrastructure engineering talent, George Jon will be ideally positioned to service and grow its portfolio of EMEA clients, which includes “Big Four” accounting and advisory firms, multinational corporations, law firms, government agencies, and hosting service providers.
CORK CITY, IRELAND and PLEASANT GROVE, UTAH – MAY 29, 2020 – doTERRA, the world leader in essential oils and wellness products, is set to create up to 100 new jobs in the northern suburbs of Cork City over the next three years with the opening of the company’s first manufacturing facility outside of the United States.
Meissner Filtration Products announced today that their new manufacturing facility in Co. Mayo is operational. The new facility features a state of the art 930 m² (10,000 ft²) ISO class 7 cleanroom dedicated to the manufacture of Single-Use Systems. Validation of the facility was completed in mid-April and the facility is currently manufacturing products for their biopharmaceutical and pharmaceutical client base.
New Centre of Excellence will create 50 new jobs and support new and existing clients in Europe, the Nordics and the Americas.
Martin Shanahan, CEO IDA Ireland:
This is a very difficult time for business, both Irish businesses and international businesses that are based here in Ireland and indeed businesses right across the globe.
This is a global pandemic and has caused widescale disruption to the global economy in which Ireland operates.
Udemy, the largest global marketplace for learning and teaching online, announced today the opening of an expanded office in Dublin, Ireland. The new office opening represents continued investment in the company’s EMEA headquarters, follows a milestone growth year, and a recent commitment by long-time Japanese strategic partner Benesse Holdings to invest $50 million in the company.
The enticement of a relatively wealthy market of 500 million consumers often makes opening a European office one of the earlier expansion steps for American technology companies. However, there are right and wrong ways to establish a European operation, with fostering the right culture a key aspect that will significantly impact the hoped-for financial contributions.
The role of placemaking in helping to enhance Ireland’s attractiveness to investors was highlighted at an event today hosted by IDA Ireland in partnership with the Department of Housing, Planning and Local Government. The event was held as the second phase of the Department of Housing, Planning and Local Government’s Urban Regeneration and Development Fund was rolled out. Under the call, local authorities are invited to submit proposals for transformational placemaking and urban development projects that will enhance the attractiveness and liveability of Ireland’s cities and large towns and support compact urban growth, one of the key strategic objectives of Project Ireland 2040.
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