Economic development

New Jersey becomes the first state with an economic development office in Ireland. Steve Lennox appointed Managing Director

Choose New Jersey, the state’s leading economic development nonprofit, today announced the official opening of an office in Ireland, making New Jersey the first US state with an economic development office in the country.

The Irish office will be Choose New Jersey’s second European office, following the opening of the Berlin office in 2018. The unique office will represent all of Ireland — including Northern Ireland — and will help increase the already large Irish business presence in New Jersey. In 2021, trade between New Jersey and Ireland was $2.4 billion.

The office is a direct result of growing trade, investment and academic ties between New Jersey and Ireland, as well as Gov. Phil Murphy’s economic mission with Choose New Jersey to Ireland in April. The office will be run by Steve Lennox, who has been named managing director. The office will strengthen the positive and mutually beneficial economic and commercial ties that exist between New Jersey and Ireland and promote New Jersey to Irish companies seeking to invest in the United States.

“New Jersey’s long-standing connection with Ireland, which was strengthened during our recent economic mission, will be further strengthened with the office developing new and ongoing business partnerships,” Governor Murphy said. “The opening of Choose New Jersey’s Irish office is a testament to the global reach and impact of our state’s economy, the stability and growth of which I have prioritized throughout my administration. We know New Jersey is the best place to start and grow a business, and now businesses in Ireland know it too.”

“Ireland has been a great economic partner for New Jersey, and opening this office gives us the opportunity to expand that partnership even further with a permanent presence in the country,” said Wesley Matthews, president and CEO of Choose New Jersey. “I look forward to working with Steve, who has been instrumental in our recent success in Ireland, to further cement New Jersey’s reputation as an attractive second home for Irish businesses.”

Lennox developed his own connections in the Irish and Irish-American communities in New Jersey, as well as in the United States and throughout Ireland. He is president of Irish Network USA, a non-profit organization created to build ties between the US and Ireland through business, culture, education and sports. Lenox also helped lead the governor’s trade mission to Ireland earlier this year.

“Talking about the luck of the Irish. I can call both New Jersey and Ireland home, and now I have the opportunity to make those long-standing ties even more meaningful on both sides of the Atlantic,” said Steve Lennox, managing director of Choose New Jersey’s Irish office. . “Success will certainly take more than luck, but with Governor Murphy’s successful trip earlier this year as a foundation, and the wonderful team at Choose New Jersey as support, I have no doubt that the enormous economic potential that is so clearly evident , will be implemented.”

“Opening a Choose New Jersey office in Ireland is an important addition to the Irish business landscape,” said Ian Talbot, chief executive of Chambers Ireland, Ireland’s largest business organisation. “We are excited about what this new partnership can bring and look forward to working with the Irish office of Choose New Jersey to continue to drive strategic development as we look for progressive ways to increase the competitiveness of Irish businesses abroad.”

The opening of the Choose New Jersey Ireland office is a direct result of the Governor’s economic mission to Ireland in April. The mission led to the signing of several Memoranda of Understanding (MOU), including a Student Exchange Agreement between South East Technology University of Ireland (SETU) and Rowan University. The partnership creates an international exchange program for graduate students and opportunities for scientific cooperation between universities. Rowan’s School of Translational Biomedical Engineering and Sciences, together with Waterford Institute of Technology’s Pharmaceutical Molecular and Biotechnology Research Center, are spearheading an initiative to promote biomaterials, pharmaceuticals and biotechnology connections, and to enhance cultural understanding between the two countries.

To access more business news, visit NJB News Now.

Related articles:

Source link

Previous articleBREAKING: Murphy Canes State Board of Education Members Daring to Question His Administration’s Competence
Next articleThe brutal attacks on Edna Mahan led to 14 charges