Why Limerick?
- 450,927people within a 60 min drive
- Top ten investment City to Invest in Europe *
- Commercial property prices 30% - 50% less than rivals
- Limerick awarded European City of the Future **
- Foynes: Ireland's Largest bulk port. Designated European Ten-T core port. Can cater for vessels up to 200,000dwt
- 2 hours motorway drive to Dublin
- 45% population <35 years
- Student population >20,000 across 3 higher education institutes
- 100,000 urban population
* 6th Global ‘Best to Invest Report’ compiled by Site Selection
** reference to 2016/2017 FDI Magazine published by FDI Intelligence
Growing Limerick
- Fastest growing region from FDI outside the capital
- 3 third level institutes in limerick city
- Limerick undergoing €1bn investment in new enterprise and property infrastructure
- Incubation space
- Financial supports for international & national start-ups available (LEO, EI IDA)
- Top 10 city to invest in Europe * 6th Global 'Best to Invest' Report - Site Selection Magazine 2014
- Aviation hanger capital allowance available
- Commercial property prices 30% more competitive than rival European cities
- Urban population: 100,000
- 45% of population under 35 years
- Avail of living city initiative tax incentive scheme
Education & Talent
- 3 prestigious third level academic institutions
- 24,000 student population
- 6,000 graduates per year
- 63% graduates remain in region
- Customised courses delivered in response to the needs of industry e.g. precision engineering
- 62% of 30-34 year olds have completed third level education
- LSAD – one of the top 50 fashion colleges in the world
Enterprise Eco System
- 7 start-up companies raised €73M in 2017
- Innovative co-working spaces including Workbench and Engine
- 8 Community Enterprise Centres
- 4 Incubators
- 1 Enterprise Ireland Technology Gateway
- 3 Enterprise Ireland/IDA Technology Centres
- 3 SFI Research Centres
- Multiple dedicated R&D Units, Groups and Centres
- Dedicated innovation company – Innovate Limerick
- Dedicated Start-up Fund
Living in Limerick
- Limerick (€22,848) has the highest estimated disposable income per person outside of Dublin (€24,061)
- 4th most affordable place to buy a home out of 297 cities*
- Relatively affordable residential rents
- 44% lower residential rental costs compared to Dublin (2017 Q3)**
- Limerick city dwellers spend just 30% of their after-tax income on rent compared to 55% of take-home pay for Dublin occupants
- Low congestion levels
- Short commute times
- Average commute time 24 minutes
- Walkable compact city
- Gateway to the Wild Atlantic Way
- 93% of professionals who moved to the Mid-West for career opportunities are much happier with their location
Limerick for Play
- First National City of Culture
- Up to 100 festivals a year
- Former European City of Sport
- Ireland’s only biennial of contemporary art - EVA International
- Limerick School of Art and Design - Top 50 fashion schools in the world
- Home of Munster Rugby - Thomond Park
- Gaelic Grounds - 50,000 capacity
- Ireland’s sporting campus - UL Sport
- Home to venues including University Concert Hall, Lime Tree Theatre, Belltable Theatre, Big Top and Dolan’s Warehouse
- Cultural institutes include Limerick City Gallery of Art, RTE Lyric FM, The Irish Chamber Orchestra and the World Academy of Music and Dance
- Home to significant historical sites including King John’s Castle and St. Mary’s Cathedral
- Media hub for Film and TV - Troy Studios
- Over 1000 sports clubs
- Multi million euro redevelopment of O’Connell Street (LUCROC Project)
- Prime retail destination