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Enterprise Ireland and IDA Ireland launch "Global Sourcing" initiative

Written by Robert McHugh, on 16th May 2018. Posted in General

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Minister Heather Humphreys , Minister Pat Breen and Minister Patrick O’Donovan begin a two-day Trade and Investment Mission to Dublin, Limerick and Sligo today.

The annual mission is part of a joint Enterprise Ireland and IDA Ireland ‘Global Sourcing’ initiative which aims to create business opportunities for Irish-owned companies with Multinationals (MNCs) based in Ireland.
 
Over 455 pre-arranged one-to-one meetings are scheduled to take place between 194 Enterprise Ireland clients and 111 IDA Ireland companies over the course of the two days.

The mission provides MNCs with direct access to potential suppliers, as well as raising awareness of the innovative capabilities of Irish SMEs across a range of sectors. These meetings are also aimed at Irish companies seeking credible access to procurement teams in global MNCs.

Speaking today, Minister for Business, Enterprise and Innovation, Heather Humphreys said, "While highlighting the relationships that have grown over many decades, the mission also aims to create new partnerships between MNCs and Irish companies through the regionally focused networking events today and tomorrow in Dublin, Limerick and Sligo, in line with the Government’s Action Plan for Jobs strategy. We have great opportunities on our doorstep and we want to maximise these to help Irish companies scale and further reinforce their successful track records of servicing international buyers all over the globe."

Martin Shanahan from IDA Ireland added, "This Investment Mission provides multinational companies with direct access to potential suppliers and promotes greater engagement between the two groups. Closer relationships through enhanced integration will bring huge benefits to local economies across the country and ultimately promote Ireland as a welcoming pro-business destination."

Source: www.businessworld.ie

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