Brian Glynn - InvestNI - Northern Ireland UK - Stanford Engineering - Feb 25 2013

Burton Lee
Burton LeeLecturer - European Entrepreneurship & Innovation
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
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
Why Northern Ireland?



         Close to                  Cost         Culturally
         Customer                Competitive   Compatible




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%




World renowned universities, working closely with industry:




Invest Northern Ireland San Jose Office             brian.glynn@investni.com
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
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Brian Glynn - InvestNI - Northern Ireland UK - Stanford Engineering - Feb 25 2013

  • 1. 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
  • 2. 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
  • 3. Invest Northern Ireland San Jose Office brian.glynn@investni.com
  • 4. 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
  • 5. 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
  • 6. Current investors Invest Northern Ireland San Jose Office brian.glynn@investni.com
  • 7. Why Northern Ireland? Close to Cost Culturally Customer Competitive Compatible Invest Northern Ireland San Jose Office brian.glynn@investni.com
  • 8. 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
  • 9. Highly Educated Workforce NI students consistently out-perform other UK regions in high school exams by more than 10% World renowned universities, working closely with industry: Invest Northern Ireland San Jose Office brian.glynn@investni.com
  • 10. 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
  • 11. 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
  • 13. Thanks! Brian Glynn VP Trade Development Invest Northern Ireland San Jose CA 95110 www.investni.com www.linkedin.com/in/brianjohnglynn