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Newry’s transformation Education 2 Employment Presentation to St Joseph’s High School December 2012 Dr Conor Patterson. 2012: A CHANGING IRELAND. IRELAND. A stepping stone for North, Central & South American companies into Europe Skilled people Low business tax Euro English speaking.

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slide1

Newry’s transformation

Education 2 Employment

Presentation to

St Joseph’s High School

December 2012

Dr Conor Patterson

ireland
IRELAND
  • A stepping stone for North, Central & South American companies into Europe
  • Skilled people
  • Low business tax
  • Euro
  • English speaking
slide19

Transformation Factor

European Union

european union
EUROPEAN UNION
  • Removed economic borders
  • Investment
  • Brought countries and parties together
slide22

Transformation Factor

Self Help & entrepreneurial culture

slide23

Entrepreneurial Spirit

  • Highest rate of self employment in UK
  • Many micro-enterprises (4,055) – higher 5 year survival rate than NI or UK average
  • A high concentration of successful locally owned export-focused businesses that could provide a blueprint for the rest of Northern Ireland
  • Commitment to self-improvement through education
globally successful locally owned businesses across a range of sectors
Globally successful locally-owned businesses across a range of sectors
  • Norbrook Laboratories (pharmaceuticals)
  • Glen Dimplex (electronics)
  • MJM (specialist fit out)
  • First Derivatives (financial software)
  • Parker Green International (property)
entrepreneurial spirit
Entrepreneurial Spirit
  • Newry was a ‘frontier’ location during the troubles – little or no public or private investment in its economy
  • Self-help, especially self employment, became a way of life for many in Newry.
  • Trading back and forth across the border was second nature
slide26

SELF HELP

  • Newry Credit Union
  • Giving the working class access to finance
  • Newry & Mourne Co-operative and Enterprise Agency

Working in Partnership locally, regionally, nationally, internationally

  • Community Associations across Newry
slide27

Transformation Factor

Inward Investment

inward investment
INWARD INVESTMENT
  • N./R.Ireland = English-speaking
  • N./R. Ireland = Young well-educated pop’
  • Attractive base for US multinationals (Irish-American links)
  • R.Ireland = Euro
  • R.Ireland = Low business tax (two thirds less than UK)
  • N./R. Ireland = Small(a little inward investment makes a big difference)
slide29

Transformation Factor

Partnership Working

slide32

The Development Challenge

…. Unblocking the bottleneck

slide34

The Development Challenge

exploit our assets

the effects of the recession
The effects of the RECESSION :
  • Unemployment
  • Lower wages
  • Restricted bank lending
  • Austerity measures
  • Loss of confidence
entrepreneurship is the route out of recession
Entrepreneurship is the route out of Recession ....

The solution to the economic crisis....

at a time when banks have no funds, governments are making cuts and big businesses are contracting not expanding......

lies with people turning to their ‘inner entrepreneur’ to create their own opportunities......

their own ‘Work In Newry’ (WIN).......

slide40

- Being an ‘entrepreneur’ doesn’t mean you have to start your own business.- It’s a way of thinking.... - Many people who don’t work for themselves are recognised as ‘entrepreneurs’ within their organisations

a social entrepreneur conor patterson

A ‘social entrepreneur’.....Conor Patterson

Newry & Mourne Co-operative and Enterprise Agency

real life entrepreneurs

Real life entrepreneurs

You will now break into groups of 10 and visit local entrepreneurs who run their businesses from WIN Business Park on a daily basis

Please ask these entrepreneurs plenty of questions as they are the experts!