Transcript Vicky Kell - Enterprise Europe Northern Ireland

Trade and Investment
www.investni.com
The Trade and
Investment
Opportunity in
Northern Ireland
Northern Ireland - key facts
•
Population 1.81 million
– Fastest growing population in the UK
– One of Europe’s youngest populations
60% under the age of 40
•
Travel to work population
– Belfast 700,000+
– Londonderry 300,000+
•
Small business economy
•
Regional economy focused on:
– Increasing the private sector and reducing
our over dependence on the public sector
– Creating employment opportunities and
increasing exports
– Increasing the levels of investment in
research and development
Trade and Investment
www.investni.com
Northern Ireland at a glance
Unemployment 7.8% (Aug-Oct 2012)
Academic results for NI school leavers more than
10% above the UK national average
75% of school leavers undertake Further &
Higher Education
2 world class universities: Queen’s University
Belfast & the University of Ulster
6 colleges of further education - 153,000
students
Strong multi lingual capability
Resilient physical & telecommunications
infrastructure
Trade and Investment
www.investni.com
NI devolved government
Trade and Investment
www.investni.com
Programme for Government
2011-2015 targets
“Growing a sustainable
economy and investing in the
future”
• 25,000 new jobs
• £1bn investment
• Visitor numbers to 4.2m
• Support young people into
employment
• Increase manufacturing
exports by 20%
Trade and Investment
www.investni.com
Northern Ireland business facts
An SME dominated economy
• 98% of businesses employ fewer than
50 people and employ over 500,000
• 5% of businesses account for 90% of
exports
• Around 60% of Northern Ireland’s
exports are sold to European Union
countries.
• Over 60% of all the innovation in
business comes from small and medium
companies.
0-4 Employees
5-9 Employees
Key Export Sectors
Food, Beverages & Tobacco
Transport Equipment
%
19.8%
18.9%
Electrical Equipment
12.3%
Computer, Electronic &
Optical
10.9%
Machinery & Equipment (non
classified)
8.3%
Chemicals & Chemical
Products
6.2%
Other
23.6%
10-19 Employees
20-49 Employees
50-249 Employees
250+ Employees
Trade and Investment
www.investni.com
NI is well connected to Ireland, GB and
beyond
Physical Infrastructure (Air, Road, Rail)
• 100 flights a day to GB
• Daily direct flight to New York
• 30 direct connections to Europe
• Dublin Airport services over 165
scheduled including 70 daily direct flights
to GB and is just 90 minutes from Belfast
by car
• Excellent rail and road connections from
Belfast to Dublin IFSC
Trade and Investment
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Direct transatlantic link to N America &
Europe
• A direct link to North America & Europe –
resilient connectivity with multiple routings
• Unaffected by disruptions to telecoms in
London or Dublin – gives a higher level of
security potential than other GB sites
• Solution for disaster recovery and business
continuity for international companies
• Performance guaranteed
• Broadband products prices 20% less than
Manchester, Glasgow & Dublin until 2018+
Trade and Investment
www.investni.com
New 40-gigabite per second transatlantic
and terrestrial communications link
- making distance invisible
Developing a highly educated workforce
“We need hired heads, not hired hands in our workforce.” (Bro McFerran, MD Allstate)
NI students consistently out-perform other UK regions in high school exams by more than 10%
World renowned universities, working closely with industry to develop specific curricula:
• Queen’s University Belfast – Member of the Russell Group
• University of Ulster – Awarded ‘Excellent’ (perfect score) by HE Quality Assurance Agency
• Six major FE Colleges – specialising in vocational education
Leadership & Management
Assured Skills
Continuous Talent
• Stimulating and engaging
with industry to transform
leadership and management
capability within Northern
Ireland companies - New
support framework and link to
productivity.
• Delivers scalable and
sustainable future skills
• Offers employees Ready Day
One through customised
skills support from local
infrastructure.
• Suitable for both inward
investors and local business.
• Software Professional Course
• Summer Camp for 14-16 yr
olds
• Santander School Leaver
Programme
• The Academy of Finance
(BMC)
• Promotion of IAQ training
• First Derivatives Options
Programme
Trade and Investment
www.investni.com
Northern Ireland economic
performance
(2007-11)
42% increase in
Over £3bn
total
investment
25 600 Jobs and
11,000 business starts
Belfast is the
UK's most
attractive city
for FDI after
London
Every £1 in
support
resulted in
Over £2m invested every
over £5
day in the local economy
investment
Trade and Investment
www.investni.com
people
employed in
R&D
Belfast now
has the 3rd
highest level
of GVA in the
UK, behind
only London
and Edinburgh
£613m in
additional
salaries
Future focus
Key
Drivers
R&D, Innovation and
creativity
Skills
Key Sectors
Technology & Creative
Mobile Telecoms
Information Management
Security
Digital Content
E-Health
Creative Industries
Financial Services
Globalisation
Operations
Risk, Actuarial
IT
Business Growth
Business Services
Shared Services
Infrastructure
Legal and Compliance
Contact Centres
Renewables
Employment
Trade and Investment
www.investni.com
Offshore Wind and
Marine
Supply Chain Development
Northern Ireland – Key Sectors
Aerospace
ICT
Creative Industries
Life Sciences
Digital Media
Professional Services
Construction
Renewables
Materials Handling
Environmental
Food & Drink
Securities and
Defence
Trade and Investment
www.investni.com
Business Support
• Invest NI
• Local Councils
• Cross Border Agencies
• Chamber of Commerce
• CBI
• Sector bodies
• Federation of Small businesses
• Institute of Directors
Government
organisations
Support
• Invest NI
• Local Councils
• Cross border agencies
• Membership organisations
Trade and Investment
www.investni.com
Membership
organisations
Lobbying
• CBI
• Institute of Directors
• Sector bodies
• Federation of Small Businesses
Invest NI’s role
•
Be an effective and efficient delivery body
for economic development strategies in
the Programme for Government.
•
Integrated offering of financial, capability
development and advisory solutions with
offices across Northern Ireland and over
13 international locations.
•
Client Teams structured by industry
sector and supported by specialists in a
wide range of business disciplines.
•
Annual budget of c£150m to invest with
businesses in Northern Ireland.
Trade and Investment
www.investni.com
Trade and Investment
www.investni.com
15
Trade
Wrightbus
H&W
Andor
APT
Material Handling
Equipment
Bombardier
Randox
Seagate
Heartsine
Huddleston
Engineering
BE
Aerospace
Export Success Cycle
New exporter
Opportunity
identification
New product
Product / service
enhancement
New market
Trade and Investment
www.investni.com
Skills
enhancement
Opportunity
exploitation
Some of our investors
Trade and Investment
www.investni.com
Trade and Investment
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Thank You
Trade and Investment
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