Major expansion plans have been unveiled by a local IT services and software company.
Based at Tweed Horizons and founded eight years ago by Andy Smith from Galashiels, Agenor Technology is set to double its £10million turnover – and recruit 75 new full-time staff over the next three years.
It follows the news that the firm has been awarded £240,000 by Scottish Enterprise in regional selective assistance (RSA) aimed at job creation.
The announcement was confirmed yesterday (Wednesday) during a visit by Roseanna Cunningham MSP, the Scottish Cabinet Secretary for Fair Work, Skills and Training.
“This is an ambitious company and one with an already strong track record of employing young people,” said Ms Cunningham after meeting some of the firm’s new recruits.
“I am pleased Agenor has been able to secure this funding to further enhance its workforce and I would urge other firms to follow its example and look to the future.
“Young people can add enthusiasm to any business looking to expand.”
Ms Cunningham heard that Agenor, which also has offices in Edinburgh and Amsterdam, currently employs 25 permanent staff and 100 associates.
Last year, the firm was recognised in the latest Deloitte Technology Fast50 when it was named as Scotland’s fastest growth tech company and the seventh fastest in UK growth over the last five years.
“We have established a reputation for helping organisations implement complex technology and business change,” said Mr Smith, whose brother and fellow Galashiels Academy old boy Steve is Agenor’s chief financial officer.
“The award from Scottish Enteprise will support the company as we look to recruit 75 full-time staff over the next three years in skilled positions, such as project management and digital application design.”
During her visit, Ms Cunningham met recent law graduate Sam Eguchi who is helping develop ICEFLO, the company’s flagship Cloud solution, which enables clients to dispense with cumbersome spreadsheets and adopt a sophisticated solution for delivering complex IT change.
“We are at an incredibly exciting phase in our growth and development and we see harnessing the skills and energy of young talent as underpinning our future success,” said Mr Smith.
“The opportunity for the company is not limited to UK markets. Through the commercialisation of ICEFLO, we have set our sights on the international stage, and I firmly believe our strategy of recruiting and developing our own young talent will give us the ability to compete and be successful against the very best in the world.”
Other new young staff members who met Ms Cunningham yesterday included customer service analyst Jill Hamilton, a Heriot-Watt graduate recruited from the retail sector, and financial and business administrator Eilidh Young, who previously worked for a local groundworks company.