Electric.ie Nov/Dec Edition

ELECTRIC.IE • The Magazine & Website for the Irish Electrical Industry • 47 New investment offer for early-stage start-ups Enterprise Ireland today launched a new stream of funding to support the specific early-stage funding needs of new start-up companies. Ireland is recognised as a great place in which to start and scale an internationallyfocused business. The focus of this new funding support is designed specifically with high-growth early stage start-up companies and entrepreneurs in Galway based technology company announce major expansion plans at opening of new HQ Channel Mechanics, a leading SaaS Partner Relationship Management (PRM) and Channel Program Automation provider, recently officially opened its new global headquarters in Galway, Ireland. The company also announced plans to create an additional 50 highly skilled positions over the next 12 months, to support the company’s growth and market demand for its platform. The new positions will be highly skilled in nature and spread across Software Development, QA, Sales, Marketing, Business Analysis, and Customer Industry News Left to Right: Kenneth Fox, CEO, Channel Mechanics, Minister Hildegarde Naughton TD, Kevin Sherry, Executive Director, Enterprise Ireland. Success. More information about the open positions can be found on the company’s website. The new Channel Mechanics HQ was officially opened by Hildegarde Naughton, T.D and Minister of State at the Department of Environment, Climate and Communications along with Kevin Sherry, Executive Director, Enterprise Ireland. Founded 10 years ago and backed by Enterprise Ireland, Channel Mechanics work predominantly with global vendors who utilise the channel as their route-to-market. The company’s channel program automation platform drives competitive advantage for vendors, accelerates revenue and builds partner loyalty by ensuring ease of doing business for both their partner community and channel teams. ർUp to €100,000 per business available under new ‘Pre-Seed Start Fund’. the manufacturing and internationally traded services sectors in mind. It follows on from extensive consultation with entrepreneurs and stakeholders in Ireland’s vibrant start up ecosystem which guided Enterprise Ireland on how to enhance its offer to early-stage entrepreneurs. It is one of a series of specific targeted initiatives which Enterprise Ireland is taking as part of its strategic ambition to encourage and support an increased number of new high growth start-up companies in Ireland.