Belfast Telegraph

Belfast sensor firm among eight to benefit from Invest NI funding

By Staff Reporter

A tech company which develops wireless sensors for industrial equipment is among eight Belfast firms to announce a total of 55 new jobs.

The businesses have all received funding from economic development agency Invest NI.

And Sensoteq - led by Idir Boudaoud - is set to invest £360,000 as it creates five jobs in a bid to drive export sales.

Other firms in construction, cybersecurity and consumer products are also announcing the new posts.

In total, the companies' investments in their workforce and operations amount to over £4m being spent in the economy, Invest NI said.

Moira Loughran, Invest NI's eastern regional manager, said: "The investments by these ambitious Northern Ireland companies include plans to create 55 jobs which once in place, will generate £1.9m of additional salaries into the Northern Ireland economy.

"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 SMEs in Northern Ireland is clearly generating results for a range of sectors and will deliver significant benefits to the economy in the longer term.

"Invest NI is working hard to support companies right across Northern Ireland to create jobs, increase their export strength and drive business growth.

"Through access to our extensive suite of funding we will continue to ensure that NI companies receive the support they need to become more competitive and maximise future growth. This is consistent with our approach of becoming a trusted business partner of choice."

Invest NI said 24 of the new jobs have been filled.

Belfast Telegraph

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