Economy Minister Dr Caoimhe Archibald visited Instil’s offices in Belfast city centre on Wednesday to announce the company’s ambition to triple turnover by the end of 2028.
It’s already hired 21 people as part of a push to create 100 jobs in total, and is recruiting positions such as senior software engineers, tech managers and commercial sales executives.
The consultancy, which also specialises in cyber-security, was founded 20 years ago and provides product development services for clients across the UK and US.
The Minister said: “Growing our digital sector is a key priority of mine. This investment is a transformative step for Instil and a significant boost for our world-renowned IT and cyber security sector.”
She said the new jobs would be “high quality” roles and would be created with the support of economic development agency Invest NI.
“Roles will be on offer to IT professionals and graduates; helping people at all stages of their career journey.
“Today I was pleased to hear how the company is committed to environmental sustainability with its green action plan helping it to reduce carbon emissions.”
As part of its plans, the company is also intending to relocate to larger premises in Belfast at a later date.
Paddy O’Hagan, CEO of Instil, said: “This investment supports our ambitious growth strategy to win new customers across the UK and US in sectors such as fintech and regulated markets.
“With a bigger team, we will be ready to scale rapidly and help more technology brands transform and innovate with secure, category-defining software.
“We have already recruited 21 of the new positions and hope to have all positions filled by 2027.
“We are very excited for the future and grateful for the support of Invest NI in helping us to take this next step in our growth journey.”
Economy Minister Dr Caoimhe Archibald with Paddy O’Hagan, CEO of Instil (left), and Richard Christie, director of technology and services at Invest NI
News Catch Up – Wednesday 22nd October
Invest NI has offered £600,000 towards the creation of the 100 new jobs. It has also offered £120,000 to support the company’s operational efficiencies when it moves to its new premises.
Richard Christie, director of technology and services at Invest NI said: “Today’s announcement will ensure that Instil is best placed to grow its turnover and reach new markets.
“Ultimately this investment will provide the company with the team, skills and premises needed to scale rapidly.
“It also underscores our priority to work with established companies in Northern Ireland to deepen our client base and boost investment to drive our local economy.”