IDA

  • The Executive Director of IDA Ireland says there are investments in the financial services sector coming to Ireland as a direct result of Brexit.

    Mary Buckley says the IDA has won about 50 investments through Brexit which has the potential to create over four thousand jobs.

    Notably, 58% of employment in IDA companies was outside of Dublin in 2018, which is the highest number of people employed by IDA clients in the history of the organisation.

    The IDA was in Castlebar yesterday for the announcement of 150 new jobs for the region in the establishment of a new manufacturing facility.

    Speaking to Midwest Radio News, Ms. Buckley says the regions outside of Dublin are doing well as a result of foreign direct investment and employment.

  • Fianna Fáil Deputy Leader and TD for Mayo Dara Calleary has accused the government of having no ambition for indigenous enterprise in County Mayo. 

    The Ballina TD’s comments comes on foot of two recent government announcements – one for regional enterprise development funds totalling €29 million and another for the Government Disruptive Technology Fund totalling €75 million – in which Mayo applicants were overlooked.

    Deputy Calleary say that despite being home to many excellent local and multinational companies, we are falling way behind in terms of investment. 

     He says only 23 out of a total of 3,289 IDA Ireland client visits undertaken between 2011 and 2017 were to Co. Mayo and we have not attracted a new IDA Ireland supported company in a number of years.

  • The latest figures on IDA site visits reveal a stark divide between rural and urban areas when it comes to Foreign Direct Investment.

    That's according to the Fianna Fail Deputy Leader Dara Calleary, who says the latest figures show only 7 visits to Mayo so far this year, compared to over 200 site visits in Dublin.

    Client companies were brought on 42 site visits to Galway since the start of the year, compared to just 2 visits to Roscommon.

    Mayo TD Dara Calleary says that, despite the Government's claim that quality jobs are being created right across the country, the reality is very different.

  • IDA Ireland has launched ‘Invest in Mayo’, the latest phase of its digital marketing initiative for attracting inward investment by highlighting the specific attributes of individual regional urban centres.

    ‘Invest in Mayo’ is an interactive experience designed for use on tablet, smartphone and PC.

    The launch took place today at IDA Ireland’s newly completed Advance Technology Building (ATB) in Castlebar.

    Information on location, education, lifestyle and existing IDA client companies and indigenous companies is provided on the website through rich images, video and text which will be continuously updated.  It will allow IDA executives to showcase Mayo in face-to-face client meetings.  

    Minister for Rural and Community Development Michael Ring today officially launch the Invest in Mayo initiative and Advance Technology building in Castlebar.

  • E-commerce and technology leader Overstock.com, Inc. has announced plans to expand its European base in Sligo, creating 100 new research and development roles and more than tripling the office’s current headcount.
     
    The new full-time positions will include junior and senior roles in areas such as software development and testing, machine learning, and data analytics.
     
    Overstock, which was founded in 1999 and is headquartered in Utah, features a $2 billion online retail shopping website, as well as a wholly-owned blockchain accelerator subsidiary, Medici Ventures. The company has pioneered the development of disruptive technologies across several disciplines including e-commerce, machine learning, augmented reality, and blockchain.
     
    Overstock established its Sligo office in 2013, and the facility currently employs 40 technologists. The location on the Wild Atlantic Way was selected for the burgeoning tech community, easy access to outdoor activities, affordable cost of living, and easy commuting times, especially when compared to other centres such as Dublin.
     
    Overstock offers its employees’ opportunities for both career progression and continuous learning. The company was recently recognized as one of the best companies in the areas of work-life balance, perks and benefits, and as one of the best CEOs for diversity.
     
    Qualified individuals interested in learning more about the technology openings at the Sligo office of Overstock.com, can meet the company at Tech on the Wild Atlantic Waypresented by Career Zoo, on Friday, October 12 at The Model in Sligo. A dedicated train will bring interested technologists from Dublin to Sligo for the conference.