Menu
31/01/2008
Kerry Company Creating 26 High Value Jobs
A Tralee-based company, Donseed Ltd, is to invest €1.2m to accelerate international growth, creating 26 new high-value positions at the company over the next two years.
The Minister for Enterprise, Trade and Employment Micheál Martin made the announcement: “I am delighted to announce this €1.2m investment by Donseed Ltd and the creation of 26 new high value jobs, primarily in Tralee."
With support from Enterprise Ireland, Donseed has developed a unique workplace management service for the international construction sector and has significant future growth potential.
"The company illustrates the potential for innovative Irish companies to become world leaders, by anticipating and responding to international market opportunities," he said.
Vincent Lynch, CEO of Donseed said: “We are making this €1.2m investment to capitalise on our successes to date and to accelerate our expansion into additional markets and sectors, in line with our strategic growth plans. This expansion plan will lead to the creation of an additional 26 jobs over the next two years, primarily at our headquarters at Kerry Technology Park, Tralee.
“Our investment is enabled through the support of Enterprise Ireland and a €500,000 venture capital funding from the AIB Seed Capital Fund. This fund is co-managed by Enterprise Equity. This is the first investment by the AIB Seed Capital Fund,” he added.
The company provides web-based workplace management solutions to the construction, retail and energy sectors.
Donseed’s solutions enable customers to track real time attendance, eliminate time leakage, reduce costs by reducing administration, track health and safety compliance and enable the contract teams to share project information in a secure environment.
The company is working with construction companies in over 100 sites across Ireland and the UK.
(VB)
The Minister for Enterprise, Trade and Employment Micheál Martin made the announcement: “I am delighted to announce this €1.2m investment by Donseed Ltd and the creation of 26 new high value jobs, primarily in Tralee."
With support from Enterprise Ireland, Donseed has developed a unique workplace management service for the international construction sector and has significant future growth potential.
"The company illustrates the potential for innovative Irish companies to become world leaders, by anticipating and responding to international market opportunities," he said.
Vincent Lynch, CEO of Donseed said: “We are making this €1.2m investment to capitalise on our successes to date and to accelerate our expansion into additional markets and sectors, in line with our strategic growth plans. This expansion plan will lead to the creation of an additional 26 jobs over the next two years, primarily at our headquarters at Kerry Technology Park, Tralee.
“Our investment is enabled through the support of Enterprise Ireland and a €500,000 venture capital funding from the AIB Seed Capital Fund. This fund is co-managed by Enterprise Equity. This is the first investment by the AIB Seed Capital Fund,” he added.
The company provides web-based workplace management solutions to the construction, retail and energy sectors.
Donseed’s solutions enable customers to track real time attendance, eliminate time leakage, reduce costs by reducing administration, track health and safety compliance and enable the contract teams to share project information in a secure environment.
The company is working with construction companies in over 100 sites across Ireland and the UK.
(VB)
Related Irish News Stories
Click here for the latest headlines.
19 November 2024
How Ireland Became the European Hub for US Tech Firms
Over the last thirty years, Ireland has slowly and steadily become a global centre for business. In the modern era, it is a technology hub where the biggest companies in the world have chosen to make a home. Dublin is the centre of this, but other major cities like Cork are also alive with innovation.
How Ireland Became the European Hub for US Tech Firms
Over the last thirty years, Ireland has slowly and steadily become a global centre for business. In the modern era, it is a technology hub where the biggest companies in the world have chosen to make a home. Dublin is the centre of this, but other major cities like Cork are also alive with innovation.
11 November 2010
Firms Win InterTradeIreland Competition
Two Northern firms have excelled in what is the largest business competition on the island of Ireland - Seedcorn 2010. Run by InterTradeIreland, the organisation that supports small and medium-sized businesses across Ireland for better North/South trade and business development, it offers a total prize fund of €280,000.
Firms Win InterTradeIreland Competition
Two Northern firms have excelled in what is the largest business competition on the island of Ireland - Seedcorn 2010. Run by InterTradeIreland, the organisation that supports small and medium-sized businesses across Ireland for better North/South trade and business development, it offers a total prize fund of €280,000.
10 November 2011
15,000 Secondary School Entrepreneurs Before Christmas
An estimated 15,000 budding entrepreneurs from 400 secondary schools will be setting up and running their own enterprises before Christmas, according to the organisers behind the Student Enterprise Awards.
15,000 Secondary School Entrepreneurs Before Christmas
An estimated 15,000 budding entrepreneurs from 400 secondary schools will be setting up and running their own enterprises before Christmas, according to the organisers behind the Student Enterprise Awards.
15 November 2024
Betting On Gaelic Games: Is Sports Betting Shaping The Future Of GAA In Ireland?
In recent years, the landscape of Gaelic games in Ireland has seen an intriguing evolution. Among the many changes is the increasing prominence of sports betting, which has found its way into the heart of these traditional Irish sports.
Betting On Gaelic Games: Is Sports Betting Shaping The Future Of GAA In Ireland?
In recent years, the landscape of Gaelic games in Ireland has seen an intriguing evolution. Among the many changes is the increasing prominence of sports betting, which has found its way into the heart of these traditional Irish sports.
05 April 2016
Eli Lilly And Company To Invest €35m At Kinsale Campus
Pharmaceutical business Eli Lilly and Company has revealed plans to invest €35 million at its biopharmaceutical campus in Kinsale. The funding will deliver a new modern manufacturing facility at the site and is scheduled to be fully operational by early 2017.
Eli Lilly And Company To Invest €35m At Kinsale Campus
Pharmaceutical business Eli Lilly and Company has revealed plans to invest €35 million at its biopharmaceutical campus in Kinsale. The funding will deliver a new modern manufacturing facility at the site and is scheduled to be fully operational by early 2017.
-
Ireland WeatherToday:Scattered sleet and snow showers will turn increasingly heavy and more frequent in the afternoon across the north. Largely dry with sunny spells in the south, but showers spreading here towards the end of the day. Maximum temperature 4 °C.Tonight:Frequent, often heavy showers of rain, sleet and snow will affect most parts this evening and overnight, but are likely to be most frequent across the northeast. Minimum temperature -1 °C.
