Post on 29-Jan-2015
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Introduction to Invest Northern Ireland
Brian Glynn, Invest NI San Jose Stanford Engineering – European Entrepreneurship & Innovation - February 25 2013 Invest Northern Ireland San Jose Office brian.glynn@investni.com
Who is Invest Northern Ireland?
Northern Ireland’s economic development agency. Our goal: to help create wealth for the benefit of the whole community.
Invest Northern Ireland San Jose Office brian.glynn@investni.com
Northern Ireland – key facts
Population 1.79 million
• Fastest growing population
in the UK.
• One of Europe’s youngest
60% < age 40.
Comparison: Santa Clara County
• Population: 1.8 million
• Area: ¼ of NI
Invest Northern Ireland San Jose Office brian.glynn@investni.com
How Invest NI helps
Financial incentives can include
Capital investment or employment ramp up (salary costs)
Training costs
Research and development expenditure
Non financial incentives include a range of technical and advisory
support services in areas such as:
Property search and selection
People and skills
Operating efficiency
Current investors
Invest Northern Ireland San Jose Office brian.glynn@investni.com
Close to
Customer Cost
Competitive Culturally
Compatible
Why Northern Ireland?
Invest Northern Ireland San Jose Office brian.glynn@investni.com
Competitive Costs • Operating costs average 20-30% cheaper than the rest of the UK & Europe
Close to Customer • 30 direct connections to Europe
• 100 flights a day to GB
• Daily direct flight to New York
• GMT -8hr overlaps with US West Coast
Culturally Compatible • Labour turnover rates are amongst the lowest in Europe (4.7%) and 80% of our
investors have re-invested
Invest Northern Ireland San Jose Office brian.glynn@investni.com
Highly Educated Workforce
NI students consistently out-perform other UK regions in high school exams by more than 10%
Invest Northern Ireland San Jose Office brian.glynn@investni.com
World renowned universities, working closely with industry:
History of Innovation in NI
In 1917 Harry Ferguson from Co. Down in NI patented the technology that led to the modern tractor.
John Boyd Dunlop invented the pneumatic tyre in Belfast in 1888. Sir James Martin from Northern Ireland invented the airplane ejector seat.
Invest Northern Ireland San Jose Office brian.glynn@investni.com
NI Innovation
1 in 5 of the world’s computer drives has a part created in Northern Ireland.
Invest Northern Ireland San Jose Office brian.glynn@investni.com
NI innovation comes to CA
Thanks!
Brian Glynn
VP Trade Development
Invest Northern Ireland
San Jose CA 95110
www.investni.com www.linkedin.com/in/brianjohnglynn