17 June 2011
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Limerick companies recognised as Business Ambassadors

Four local companies, Cauwill Technologies, Central Solutions, Goshido and PLC Ingredients have been recognised as InterTradeIreland Business Ambassadors for Limerick at a special event held with Minister Richard Bruton TD, Minister for Jobs, Enterprise and Innovation on Wednesday 1st June in Dublin. Over 80 TDs and Senators were also in attendance at the event which recognised SMEs that have excelled through North-South trade and innovation.

 

Moylish based Cauwill Technologies was established in 2009 by two talented University of Limerick PhD graduates Ian Rice and Ronan Skehill. Their product, PinPoints allows an address to be converted into a map and directions that can be immediately inserted in emails, SMS, forum posts and on social media sites. After taking home the Best Emerging company title in InterTradeIreland’s All-island Seedcorn Business Competition, the company has gone from strength to strength and recently partnered with Tourism Wales to allow visitors to Wales navigate to their hostels/B&S/hotels using PinPoints technology and their mobile phone.

 

PLC Ingredients, from Raheen, develops dairy based food ingredients with special functional attributes and their product range includes diary flavours, dairy blends and liquid cheese.  The company was recognised as an ambassador by InterTradeIreland for its commitment to innovation having developed two new products through its FUSION programme. The income generated from sales of these products is anticipated to be 126% higher than originally forecast due to the success of the project.

 

Limerick based IT company Goshido has developed software to help teams manage and execute complex projects more effectively and has grown significantly since winning a share of InterTradeIreland’s All-island Seedcorn Business Competition prize fund.

 

Also recognised as a Business Ambassador for Limericks, is Central Solutions which has built a successful business based on innovation. Through InterTradeIreland’s Innova programme, the firm partnered with Newry water treatment company FM Environmental to develop a turnkey IT solution for waste water compliance monitoring and management. As a result of the project, the companies have established a joint venture ‘InvistaTech.’ Ken Stockil, Central Solutions Director explained: “The support we received from the InterTradeIreland’s Innova Programme has been instrumental in helping us build a world class product for the water industry from our Limerick base.”

 

Speaking at the Business Ambassador event, Mr. Richard Bruton TD, Minister for Jobs, Enterprise and Innovation commented, Government does not create jobs, people and businesses do; and the role of government is to create an environment in which those businesses can prosper. I am determined to do everything I can to reduce costs, improve access to finance and encourage innovation so that good businesses can expand and create the jobs that our economy and society so badly need. If there is one thing Ireland – north and south – does not lack it is enterprising, creative, hardworking people, and I look forward to working with them to discuss what government and small business together can do to get people back to work”.

Over 65 companies from across Ireland attended the event with government representatives, including Ministers of State, TDs and Senators. Local representatives in attendance on the day included Niall Collins TD and Kieran O’Donnell TD.

 

The group of InterTradeIreland Business Ambassadors were also invited to meet President Mary McAleese at an exclusive reception at Áras an Uachtaráin to make their achievements, where she described the companies as ‘Champions of the future and leaders of change.’

 

Also speaking at the event, InterTradeIreland Chairman Dr David Dobbin said: “We have supported companies right across Ireland, in every county and constituency and we are extremely proud of the examples of enterprise and innovation that are represented by our group of InterTradeIreland Business Ambassadors. We hope that through highlighting the achievements of these successful local SMEs, we will inspire other Limerick businesses to take advantage of cross-border trade and collaboration opportunities.”

 

Since 2003, InterTradeIreland’s has helped more than 16,500 companies with cross-border information and services and supported over 2,000 SMEs through its trade and innovation programmes. As a result, in excess of €610 million worth of business value been generated including that from current projects still to complete. In addition, over 930 jobs have been created or sustained through its programmes. For every €1 invested in InterTradeIreland, it provides a ten-fold return in business development value.