The Government has launched a plan to facilitate the creation of 20,000 jobs in the manufacturing sector by 2016.

Under the plan fledgling manufacturing companies will get to apply for support from a specific start-up fund.

There will also be a support fund for capital investment by manufacturing companies and additional financial support for R&D investment in engineering firms.

The plan also contains proposals to maintain or reduce company costs for energy, waste, regulation and tax.

It was launched by Minister for Enterprise Richard Bruton and Minister for Education Ruairi Quinn.