SMEs & Cluster Potential in Limerick Future Proofing...
Transcript of SMEs & Cluster Potential in Limerick Future Proofing...
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SMEs & Cluster Potential in LimerickSMEs & Cluster Potential in Limerick
Future Proofing Opportunities
Dr. Pat Daly
Di t f E i D l t & Pl iDirector of Economic Development & Planning
Limerick City & County Council
3rd International Cluster Conference Conference Sept 30th/Oct 1st, 2015 - Limerick, Ireland
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Presentation Overview Presentation Overview 1 Limerick Economic Context1. Limerick Economic Context
2 Limerick 2030 Economic & 2. Limerick 2030 Economic & Spatial Plan – A New Cluster?
3. SMEs & Emerging Cluster OpportunityOpportunity
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Limerick 2030 Strategic FrameworkLimerick 2030 Economic & Spatial Strategy will...
•Deliver 12,000 new jobs by 2030 (5,000 in City Centre) through projects outlined in Limerick 2030
Focus
...
Centre) through projects outlined in Limerick 2030 Plan & Regeneration Framework.
•Accelerate strategic planning & sites delivery to F •Accelerate strategic planning & sites delivery to position for FDI & Indigenous investment & open up innovation networks for job creation and social development.
el
Innovation Fund€ 750 M______________
InvestmentsSpatial Plan Marketing PlanEconomic Strategy
12,000 Jobs______________
7 Strategic Sites Strategic & Corporate _________________M k & b d
Mod
e
Venture CapitalEU FinancingVC & Syndicate FundsPension Funds
5,000 in CityKey sectorsFuture Skilling X2 Start‐upsX2 Expansions
_________________Investment infrastructureInnovation ecosystemFuture ProofingPPPs/Clusters
Market & rebrand‘contatgion’Sells ambitionPartnership
ucture
Dynamic Partnerships‘Charter’
LCCC ‐SPCPPPsSPV
Council Leadership ‘E i i ’
Stru
CharterEconomic Forum
SPVsJVs
‘Enterprising ’
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High Value Food and Drink
PharmaICT/Electronics
d bICT/Electronics
Engineering & High Tech
Logistics and DistributionBusiness and Professional ServicesEngineering & High Tech
Manufacturingd
ServicesTourism, Sport and Leisure
Med TechCultural, Creative and Digital Media
Food & Agri Tech
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Limerick for IT InitiativeLimerick for IT Initiative
• The Limerick 2030 Plan calls for “[a]n• The Limerick 2030 Plan calls for [a]n employer led sector‐specific skills project‐linked to Limerick’s growth sectors.”
• In January 2014, in response to this key challenge, major industry in the Limerick region, including General Motors, Johnson & Johnson and Kerry Group, together with the U i i f Li i k h Li i k I iUniversity of Limerick, the Limerick Institute of Technology, Limerick City & County Council and IDA Ireland, formed a unique IT skills partnership ‘Limerick for IT’.
• Since its establishment the initiative has created over 200 high skilled IT jobs and has been acknowledged as a major FDI skills g jinnovation. The FDI industry in Limerick believes that the initiative has the potential to create 1,000 IT jobs in the next 3 years.
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Limerick –National National City of Culture 2014€10m investment in 2014
Limerick –National City of Culture
€44m generated for the local economy3000 events with 156 Made in Limerick projects2500 Limerick artists involved
2014
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European Capital of Culture Bid CitySignificant stakeholder investment in bid3rd level academic engagement playing an important part
First stage of bid is completed in September 2015
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Mid West Action Plan for JobsMid-West Action Plan for Jobs
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Limerick has really big ambitionsLimerick has really big ambitionsAnd luckily has no inhabitionsAnd luckily has no inhabitionsSo if your looking to Network
Or muster a ClusterThen give us a chance to audition!!Then give us a chance to audition!!
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Thank you for your AttentionThank you for your AttentionEnjoy your Day!j y y y