‘Why Galway’ campaign aims to grow number of active enterprises in Galway to 16,500, create 3,000 additional FDI jobs and increase numbers supported by local enterprise to 80,000 people.

A new campaign aimed at attracting additional companies and investment to Galway and the west region has been launched.

Why Galway is an initiative from Galway Chamber, which will seek to bring 40 foreign direct investment companies to the area over the next five years, generating approximately 3,000 additional jobs.

“In recent years Galway has become a hotbed of entrepreneurship and international business”

The campaign will be targeted at the domestic market as well as China, the US, the UK and the EU.

It will also look to promote the Galway and the west as a location for domestic enterprises and entrepreneurs. It is seeking to grow the total number of active enterprises in Galway city and county to 16,500 by 2026, supporting 80,000 people.  

Accentuate the positive

Man in navy blazer standing by water.

JP Gilmartin, Galway Chamber President. Photo Andrew Downes/Xposure

The thriving enterprise eco-system in Galway will also be accentuated, along with the vital space options in the city and county available through more than 20 development hubs. Attention will also be brought to the flourishing med-tech and ICT sectors active in Galway, as well as the benefits of investing, working, living and studying in the west of Ireland. 

16 FDI companies have either been announced or expanded their operations in Galway in the last 3 years, creating a total of 1,225 new jobs during that period. Examples of these companies include Genesys, HID, Diligent, Rent The Runway, The Knot Worldwide, HPE, Globalization, Valeo, Fidelity, Triggerfish and A-Lign.

There were 14,402 active enterprises in Galway in 2018, supporting a total of 71,198 employees and self-employed individuals, according to the most recent figures available from the Central Statistics Office.

The campaign is supported by Galway Chamber, Galway City Council, IDA Ireland and over 50 different stakeholder groups or organisations. 

Four people at Galway harbour.

At the launch of the Why Galway campaign in the Claddagh, Galway were (L-R; back) Carly Clark Zimmer from New York who moved to Galway in 2019 with her husband and JP Gilmartin, Galway Chamber President and (L-R; Front) Mary Rodgers, CEO of the Galway City Innovation District (GCID) who ran her own business helping Irish companies enter the US market after moving to Galway, as well as Roscommon native, Conor O’Dowd, CEO of the Port of Galway

“In recent years Galway has become a hotbed of entrepreneurship and international business,” said Kenny Deery, CEO of Galway Chamber.

“We have witnessed the blossoming of the medtech and ICT sectors, with many enterprises recognising the appeal of Galway as a location. Now we want to ensure that growth continues and that is why we have launched Why Galway.

“The campaign aims to bring together all the many virtues of Galway and the west as an area to live and work. We are confident that the many benefits as a location provided by Galway and the entire region are striking a chord both internationally and domestically.

“Our research shows that we have a lot to offer in terms of enhanced work/ life balance, access to accommodation and education, access to business space, connectivity and from a cultural perspective. Geographically we may be on the edge of Europe but the growth of the many enterprises who call Galway and the west home has shown we have never been more connected to Europe and the rest of the world. 

“It is these advantages that are repeatedly brought up by those who are interested in Galway or the west of Ireland as a location. That is why we are confident that the targets we have set for Why Galway are more than achievable.

“Over the course of the next five years we fully expect to see as many as 40 new FDI companies based in Galway and the total number of active enterprises rise to 16,500, creating additional investment and employment opportunities throughout the county and all across the west,” Deery concluded. 

Main image at top: Tara Dalrymple, HR Operations Manager & Employee Engagement with Genesys Galway and Niamh Costello, CEO of CREW Enterprise. Photo: Andrew Downes, Xposure

By John Kennedy (john.kennedy3@boi.com)

Published: 2 June 2021