The north-east region already benefits from an emerging Fintech/Payments cluster. M1PC is ambitious to build out new value chains from the existing cluster of Payment companies into regional and national capabilities allowing Ireland to compete across Europe as a collaborative network of excellence.
Overview of North East Region for Financial Services:
The M1PC Region consists of 4 counties, Louth, Cavan, Meath and Monaghan, and has proved very attractive to multinational and indigenous companies. The main clusters that have emerged are international business services, mainly Financial Services and consumer goods and manufacturing.
Multinational companies in in the Financial Services sector, include State Street, Liberty Insurance, PayPal, SMT Fund Services, Vesta Corporation, Yapstone, Global Indemnity, IT Governance, e-Comm, Prepaid Financial Services, Computershare Governance Services and Coca-Cola International Services.
Indigenous award-winning Fintech companies include Aphix Software, Gecko Governance, Semper Security, and Intact Software.
Advantageously located midway between the 2 largest cities on the island of Ireland make the North East a very attractive business location. Excellent infrastructure including 3 international airports (Dublin, Belfast x2) within 45 -70 minutes, a strong industry and education base (6 Universities and 5 Institutes of Technology with c.44,000 Graduates p.a.) and 1.3 million people provide an abundant, highly skilled and well-educated labour pool.
Additional information on FDI activity in the region can be accessed here
Overview of Drogheda
Strong cluster of well-established multinational companies in Drogheda include Coca-Cola, State Street, Becton Dickinson, Yapstone, MTI Global Services, It Governance, and Kellton Tech.
1.8 million people within 60 minutes of Drogheda
Ideally located between the two largest cities on the island of Ireland, Dublin & Belfast, in the most densely populated part of the country. Over 3 million people live in the catchment from Belfast to Dublin (c.100 miles / c.160km) – 50% of the entire population of the island of Ireland
of Ireland’s Population
Student cohort of over 145,000 and access to 44,000 graduates from six Universities and six Institutes of Technology within a 90 minute radius. Over 50,000 people commuting daily from the catchment to Dublin
Excellent transport links, 30 – 90 minutes Motorway access to Dublin & Belfast. 3 International Airports (Dublin, Belfast x 2) within 20 – 90 minutes of Drogheda