Some 50 new jobs are to be created in Co Meath by two US companies – SWG and MDS Global Technologies – which are participating in the SmartStart accelerator programme.
The new positions will be created as part of a total investment of €1.5m.
Established in 2011, SmartStart is an Irish-centric global accelerator programme for high-potential technology companies. Driven by international entrepreneurs and business mentors, SmartStart works with start-ups to provide financial, legal, technology and business development guidance.
Located in Kells Enterprise and Technology Centre, the new jobs will be created across a number of areas, including engineering, marketing, administration, sales and support, and research and design.
“This announcement marks the third anniversary of SmartStart and we are delighted to facilitate the growth of these companies, and help bring them to Ireland,” said Gerry Moan, founder and CEO of SmartStart.
“At SmartStart we foster innovation and the entrepreneurial spirit in our high-potential partners, encouraging them to develop in a structured and measured environment.
“The SmartStart programme is an all-island accelerator programme as we believe Ireland as a location, and not just Dublin, is ideal for high-potential international technology companies and start-ups.”
US companies get a smart start in Ireland
MDS Global Technologies transports IP data using existing infrastructure and networks at a high rate. The company will locate all global sales and technical support functions in Kells, creating 25 jobs. SmartStart has mentored MDS Global Technologies for more than two years in business development, corporate structure and angel-led seed funding.
SWG works with customers to grow their telecommunications networks, repurpose, reuse and recycle their existing telecommunications equipment. The SmartStart programme provided a landing pad and interim chief executive for the company, as well as access to established agency relationships within Ireland. The company is set to create 25 jobs.
“This is a very significant development for Co Meath, the region and indeed Ireland, as we continue to attract high-potential start-ups and established technology SMEs looking to expand in to Europe,” said Minister of State for Skills, Research and Innovation Damien English.
“SmartStart is a recognised international accelerator programme providing ambitious entrepreneurs and growing companies with the platform required to develop their businesses further. The programme is an example of how Irish expertise and guidance can facilitate growth that impacts on the international stage.”
Starting block image via Shutterstock
