The head of a Northern Ireland export firm used as a success story by the Department for International Trade (DIT) has said it's encountered no difficulties from Brexit so far. But the boss of Sensoteq in Belfast said more detail was required on the future for trade. Around 30 organisations and firms attended a DIT event in the offices of economic development agency Invest NI in Belfast. DIT said the event was an opportunity for businesses to discuss how the UK should forge trading relationships with the rest of the world after Brexit.
A BELFAST-based manufacturer has secured a £700,000 (Can$1.2m) contract with a Canadian company as it looks to expand business opportunities in the lucrative market. Sensoteq Ltd, which designs and manufactures wireless machine health monitoring systems, has signed a deal with Canadian distributor, Eurotech. The two-year contract was secured following Sensoteq’s attendance at last year’s Waste and Recycling Expo in Niagara Falls, Ontario and is another example of firms in the north looking to Canada as a growing market, particularly for machinery, transport and equipment exports.
Northern Ireland entrepreneur Idir Boudaoud and his colleague Alan McCall feature in a new billboard campaign at London City Airport to promote successful exports. Mr Boudaoud is the founder of Belfast firm Sensoteq. It designs and manufactures low power wireless sensors for remote machine health monitoring. The company, which is based in Ormeau Business Park in south Belfast, has been exporting for over a year after Government support connected it with customers overseas.
Sensoteq Ltd has received an Invest NI Grant for Research and Development, supporting company innovation in services, products and processes. Part financed by the Investment for Growth and Jobs Programme for Northern Ireland co financed by the European Regional Development Fund. The project Remote Wireless Health Monitoring for Industrial Robots will be implemented over the next 10 months and aims to grow our product portfolio and improve the competitiveness of the business.
EIGHT Belfast companies are to create 55 jobs and invest over £4 million in the local economy with support from Invest NI. The new jobs will generate £1.9 million in additional annual salaries and are across a range of sectors including software, construction, cyber security and consumer products. Cyphra Ltd , Stiona Software, Feisfayre Ltd, Nimbus CS, CD Fairfield Capital, Sensoteq, Cadshare and Hartech Building Services are the firms using Invest NI support to drive business growth. In all the business development organisation has offered £343,000 of financial support towards the jobs, of which 24 are already in place.
Sensoteq Ltd received an Invest NI Grant for Research and Development, supporting company innovation in services, products and processes to develop the project Ultra-Low Power Battery less Remote Machine Health Monitoring. Part financed by the Investment for Growth and Jobs Programme for Northern Ireland co financed by the European Regional Development Fund.
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