Jobs boost for Belfast tech firms following £4 million investment

Popular News Tags (5481)

  • Five Northern Irish technology companies based in Belfast are to create new jobs following a £4 million investment.

    Invest NI has offered eight businesses, including five tech companies, £343,000 in total to support the job creation, of which 24 are already in place.

    The companies range from sectors that include software, construction, cybersecurity and consumer products. The investment will generate £1.9million of additional salaries into the Northern Ireland economy.

    The tech companies set to benefit from the investment are Cyphra, Sensoteq, Stiona Software, Nimbus CS and Cadshare.

    “We have provided these companies with very practical support to take their businesses to the next stage in growth. The close and continued collaboration we have with SME’s in Northern Ireland is clearly generating results for a range of sectors and will deliver significant benefits to the economy in the longer term,” said Moira Loughran, Invest NI’s Eastern Regional Manager.

    Cyphra are Northern Ireland’s largest indigenous cyber security solutions and managed Services Company. The new jobs will allow Cyphra to deliver more services to its public and private sector customers and continue their expansion into new markets both within the UK and internationally. The company is making a £750,000 investment. Invest NI has offered the company £48,220 towards the creation of seven jobs.

    Sensoteq designs and develops wireless sensors connected to the cloud, to provide condition monitoring for industrial equipment. To help drive export sales, particularly in the US market the company is making a total investment of £360,000 which includes the creation of five jobs, two of which are in place. The jobs will pay salaries above the private sector median.

    South Belfast based Stiona Software offers bespoke Microsoft services to a range of organisations. Key customers include NI Direct and AXA. This investment of over half a million pounds is part of the company’s expansion plans to develop its services. Invest NI has offered the company £42,000 towards the creation of seven new jobs.

    East Belfast based Nimbus CS provides IT support and outsourcing, cloud services and IT consultancy to its customers. To help drive export growth and the company’s expansion plans, Invest NI has offered the company £46,883 of support towards the creation of eight jobs, four of which are already in place.

    Cadshare provides a platform that allows manufacturers of heavy machinery to bring their aftermarket customer service online, making it faster, more accurate and more productive. Invest NI has offered the company £34,000 towards the creation of five jobs. The new jobs will help the company to grow its sales in international markets.

Share this story

Recommended News

Northern Ireland News

All Northern Ireland News

Trending News

All Trending News

Innovation News

All Innovation News

World News

All World News