Galway, “The City of The Tribes” is in rapid growth mode. Ambitious targets for population growth have been set down in the government’s Project Ireland 2040 strategy which will see the city grow to 120,000 (current population 81,932).
Galway has received global recognition for its unique culture, economy and landscape including its designation as European Region of Gastronomy 2018 and European Capital of Culture 2020.
The European Capital of Culture (ECOC) is a national designation and the initiative, which began in 1985, has developed into one of the most ambitious cultural projects in Europe. The goal of the project is to provide Europeans with opportunities to learn more about each other’s cultures, to enjoy their shared history and values and to experience the feeling of belonging to the same European community.
The European Capital of Culture award is a fantastic endorsement of this incredible city on the western edge of Ireland and at the heart of Europe. The accolade follows the recent announcement of the new €10.2m Atlantic Museum Galway, which Fáilte Ireland says will transform the Spanish Arch district of Galway.
The three storey, interactive museum is an upgrade of the current Galway City Museum and will highlight the influence of the Atlantic on the people, cultures and traditions of the City of the Tribes. The square between the Spanish Arch and the museum will be remodelled into a new public space as part of the development.
THE BLAKE AMENITIES
Galway is known as Ireland’s cultural heart and is a bilingual and multicultural city.
Galway thrives on its heritage and is famous for its vibrant lifestyle and famous festivals, celebrations and events throughout the year. Renowned events include the Galway Arts Festival, the Oyster Festival and the Galway Races driving tourism coming from across the globe.
SHOPPING & LEISURE
Westside Shopping Centre
Eyre Square Shopping Centre
Gateway Retail Park
City River Walk
Terryland Forest Park
Galway Shopping Centre
Bushypark National School
St. Endas College, Secondary School
Salerno, Secondary Schooll
Dominican College, Secondary School
Galway Technical Institute
UCHG Teaching Hospital
Gaelscoil Mhic Amhlaigh, Primary School
St Michaels GAA Club
Thonabrucky Riding School
Corrib Rowing & Yacht Club
Galway Hockey Club
Galway Golf Club
Leisureland Swimming Complex
Galway Bay Rugby Club
Galway United FC
Galway is the largest urban centre on the west coast of Ireland and home to many multinational companies that use Galway as a hub for establishing global networks.
With a young population and programmes such as Galway 2040 driving overall development, there has been a very positive movement in recent months, securing successful planning decisions to enable the delivery of high quality office accommodation in and around the city. The attractiveness of Galway as a vibrant and unique city and the presence of the top Global ICT, life sciences and professional firms makes Galway a very popular location for doing business and attracting top talent.
Galway is home to many internationally focused companies and high-growth start-ups. The city is a hub for med-tech and CT companies that allow professionals in that space to locate there. Growth in the region is spread across all sectors and not disproportionately skewed to one industry.
Medtech and biotech are and will remain critical sectors. The business innovation centres in both NUIG and GMIT and the Portershed are spinning out businesses that are investment-ready. The business angel network is active in Galway, with more and more investors lining up to invest in these high-potential start-ups.
As a result of the synergy between a young, well educated workforce and some of the world’s most innovative companies, Galway City is now one of the five global hubs in the Medtech sector and boasts its very own “Silicon Square” with an ICT start-up hub clustered around Eyre Square. The region is repeatedly flagged as a location of choice because it ticks all the boxes for global companies seeking to invest there.
Galway has a skilled workforce, excellent transport links, third-level institutions and a supportive business community. The evidence is supported by the large number of Information Communication Technology (ICT) and Medtech firms establishing themselves in Galway.
At the official opening in Galway of Xperi Corporation, a Silicon Valley-based, publicly traded technology company with two subsidiaries in Ireland – FotoNation in Galway and DTS in Limerick – it was noted that the region is thriving. “Xperi's decision to expand in Galway is a further boost to the ICT cluster and enhances Galway’s reputation as a global hub for the development of some of the most exciting and innovative technological products and services”, said Seán Kyne, Minister of State.
INVESTMENT IN GALWAY’S WORKFORCE
IDA Ireland reports a 32% increase in regional investment since its current five-year strategy began in 2015. During that period, 455 investments have been secured for regional areas. New arrivals to Galway and existing companies undergoing expansion saw the announcement of 775 new jobs in 2018. There has been an increasing number of IDA-sponsored site visits to Galway in 2018 and 2019.
Based in Salthill, Galway, TitanHQ is a 25-years young, multi-award-winning cloud security vendor. Its three areas of specialisation are advanced web filtering, email securing and email archiving. TitanHQ protects more than 8,000 businesses across the globe and works daily with more than 2,200 managed service providers.
Rent the Runway (US fashion tech company) recently valued at €889 million is to create 150 new jobs in Galway over the next three years.
Boston Scientific Galway has opened a new facility at its Ballybrit site. The company, which began operating in Ireland in 1994 with fewer than 30 employees, now has a workforce of more than 5,700 across three Irish sites at Galway, Clonmel and Cork.
Galway Chamber has played a significant role in supporting business expansion in the city including the development of The PorterShed through the Galway City Innovation District and Galway Technology Centre along with WESTBIC. The combination of both these spaces are housing 80 companies, employing 460 technologists and innovators in high-value jobs that are contributing to Galway in terms of regional spend and creative capacity, and in attracting and stimulating further entrepreneurial talent.