New partnership gives Irish start-ups access to New York opportunities
The partnership will allow Irish start-ups to collaborate with Empire State Development’s Division of Science, Technology and Innovation
A new technology partnership has been established between start-up accelerators in Ireland and New York.
Kathy Hocul, the governor of New York, signed the memorandum of understanding which will create a formal partnership between the Guinness Enterprise Centre and Furthr, in Ireland with New York’s Empire State Development.
The memo recognises the groups’ shared interest in collaborating on key technology and industry sectors and dedicates resources to creating more oportunities between Ireland and New York.
"This agreement between New York, the Guinness Enterprise Centre and Furthr, offers real opportunities and the potential for growth for Start-Ups in both economies and will build on our mutual strengths to advance the state's innovation economy,“ Hochul said.
The partnership will allow Irish start-ups to collaborate with Empire State Development’s Division of Science, Technology and Innovation (NYSTAR) which offers research expertise and funding with investments from the federal government, foundations, businesses, venture capital firms and other entities.
NYSTAR will be able to provide Irish start-up technology companies with physical space; access to capital; coaching; mentoring; networking connections; prototype development; and access to other technical services through its partnerships with incubators, research institutions, accelerator programs, and universities.
Martin Murray, chief executive of Furthr said: “Today’s announcement really opens up a world of exciting opportunities for our Irish client companies to accelerate their growth directly into the US East Coast tech corridor while providing New York start-ups with a supportive landing location and ecosystem in Ireland.”
Furthr provides long-term support to startups and SME businesses in Ireland through events, mentorship, accelerators, and access to funding. It is also the managing partner of the Guinness Enterprise Centre.
The Guinness Enterprise Centre has more than 150 companies representing a range of industries from medtech to digital gaming. Through the centre, New York-based companies will be able to access Irish ecosystems and markets, including access to physical space, peer and mentorship networks, academic institutions, and market entry.
