TWO Fingal IT companies – Critical Data Services and Nutritics – are the first micro-enterprises supported by the new Local Enterprise Offices (LEO) to transition successfully into Enterprise Ireland’s potential exporters division.
Critical Data Services in Blanchardstown is a data recovery company, while Nutritics in Portmarnock provides nutrition analysis and reporting software.
Critical Data Services, founded in 2004 by brothers Ciaran and Ronan Kennedy, has target markets that include the United Kingdom, the United Arab Emirates and the Gulf region, each of which will be serviced from the company’s headquarters in Blanchardstown.
With the help of the Fingal LEO, the company invested in a 2,800 sq ft facility with specialist technology and laboratory facilities.
The company is forecast to grow by 40% in 2014, and will progress from being a LEO client to Enterprise Ireland over the next couple of weeks.
Welcoming the news, Oisin Geoghegan, head of the Fingal LEO, said: “Critical Data Services and Nutritics are among the first companies in the country to transition from LEOs to Enterprise Ireland, which marks an important milestone in enterprise support.
“By exploring their export potential, small companies can open up new markets and business opportunities.”
Nutritics, which is also run by two brothers – Damian and Ciaran O’ Kelly – have recently expanded into the UK, with the help of the Fingal LEO.
Geoghegan also confirmed that a new first-time exporter grant will be made available through the Fingal LEO to eligible businesses, which have achieved sales in the domestic market and who plan to develop overseas markets.
He said: “The export marketing grant is aimed at businesses that are seeking to develop overseas markets. This is a new development fund for small businesses based in Fingal who now wish to expand overseas.
“We want to help our small businesses to build export sales so they can create jobs at home.”
The grant can be used to part-fund the cost of market research, exhibiting at trade fairs, the creation of marketing material specifically for overseas markets, and eligible third-party costs.
For further information, see www.localenterprise.ie/Fingal.