Investment Opportunities

DERRY CITY & STRABANE DISTRICT COUNCIL

Derry City & Strabane: A city region of opportunities Be part of our vision

www.investderrystrabane.com

Who we are A recognised international tourism destination on the island

Ireland’s only historic, completely walled city

A confident, forward looking city and district that provides the best city, coastal and countryside experiences

Vibrant university city that is friendly and welcoming with new stories to tell

35% of our youthful population are under 25 years old

A super connected city

Other interesting facts >> Sub-regional economic driver

>> Direct flights to USA

>> 1 hour flight time to London

>> Direct rail link to Belfast

>> 2 hour flight to Europe

>> 4th largest city in Ireland

Cost of Living & Quality of Life Contents Location & connectivity

3

Why invest in our city region?

4

Key Sectors

6

Key business benefits

7

Global research & technology centres of excellence

8

Talent & skills

9

Cost of living & quality of life

10

What has Derry and Strabane got to offer?

11

How we can help?

12

Location & connectivity To North America

PROJECT KELVIN

Canada

Europe

USA

Letterkenny

Derry/Londonderry Strabane

Donegal

Belfast

Southport

Dublin

To North America & Europe

Digital connectivity >> 'Digital Suburb' of the major Cities in the USA, Canada, the UK and Continental Europe >> A high capacity, low-latency transatlantic cable system >> Among the fastest North American connection from Western Europe >> Prices are contractually capped and 20% less than Glasgow/Manchester/Dublin

key Regional Airport

International Airport

Deep Sea Port

Be part of our vision | 3

Why invest in our city region?

80%

of investors reinvest in our city region

Track record Mod Squad.Inc - ICT "We are matching Derry’s strengths with our needs. It has a fantastic educational base, it has a fantastic demographic base. There is a tonne of flexibility here."

One Source Virtual - ICT “As innovators we are doing things differently… demands that our employees possess a certain resolve. These traits define the people who’ve been with us since the beginning and its something I see in the people of Derry.”

OneSourceVirtual - IT (BPaaS provider) OneSourceVirtual set up in Derry despite fierce competition from other cities.

“By establishing our European operations here, we are in a stronger position to target opportunities within UK and Europe and expand sales and ensure future growth of our business.”

Allstate - ICT/Business Services “Our Experience in Northern Ireland far exceeded our expectations. We came here originally for the cost savings. We find ourselves staying for the people and the talent that’s available.”

BEMIS - Life sciences & finance and business services “We have successfully operated a manufacturing facility in Northern Ireland since 1996, and know it to be a great location to do business. The availability of skilled graduates in the area, engagement of local council representatives, and the support offered from Invest NI were all critical factors in our decision to locate this centre in Northern Ireland.”

4 | Derry City & Strabane: A city region of opportunities

Companies which have invested in the city region

Be part of our vision | 5

Key sectors DIGITAL AND CREATIVE TECHNOLOGIES (DCT) Companies (number)

Area of expertise

95

EdTech, E-Learning, App & Software Development, Enterprise Software, Healthtech, Digital Media & Entertainment, E-Commerce & Marketplace, Social Networks, Cyber-Security

Availability of talent (graduates)

Centres of excellence

5900+

Intelligent Systems Research Centre (ISRC), Cognitive Analytics Research Lab (CARL)

ADVANCED MANUFACTURING AND ENGINEERING (AME) Companies (number)

Area of expertise

245

Automation Technology, Agricultural – Machinery, Quarry/ Mining Machinery, Materials Handling, Print & Packaging, Mechanical Engineering, Electrical Engineering ,Precision Engineering & Fabrication

Availability of talent (graduates)

Centres of excellence

3000+

Centre for Engineering & Renewable Energy (CERE), Intelligent Systems Research Centre (ISRC), Cognitive Analytics Research Lab (CARL)

BUSINESS, FINANCE AND PROFESSIONAL SERVICES (BFPS) Companies (number)

Area of expertise

330

Accountancy, Law/Legal Practice, Business Process Outsourcing, Shared Service Centres, Customer Contact Centres, Back & Middle Office

Availability of talent (graduates)

Centres of excellence

5900+

Intelligent Systems Research Centre (ISRC), Ulster University Legal Innovation Centre, Cognitive Analytics Research Lab (CARL)

Availability of talent (graduates)

Centres of excellence

3210+

Clinical Translational Research & Innovation Centre (C-TRIC), NI Centre for Stratified Medicine, ISRC (Intelligent System Research Centre), WHSCT Research Office

LIFE AND HEALTH SCIENCES (LHS) Companies (number)

Area of expertise

30

Point of Care Testing, In Vitro Diagnostics, Clinical Modelling, Data Analytics/Medical Bioinformatics, Phase III & IV Clinical trials, Neuroscience, Stratified Medicine, Medical packaging

6 | Derry City & Strabane: A city region of opportunities

Key business benefits Operating costs We are an incredibly competitive cost location with lower rental costs than most of the UK and Ireland. £75

£ per square feet Grade A Grade B

£61 £57

£39

£20 £16 £12 £8

Derry

Dublin

Belfast

London (City)

Source: Colliers International Office Rent Maps.

Staff attrition rates

9%

4%

5%

Digital & creative technologies

Advanced Manufacturing and Engineering (AME)

Business, Finance and Professional Services (BFPS)

4% Life and Health Sciences (LHS)

We have among the lowest levels of staff attrition in Western Europe

Be part of our vision | 7

Global research & technology centres of excellence Clinical Translational Research & Innovation Centre (C-TRIC) >> Unique facility promoting and facilitating translational and clinical research >> 1 of 2 centres in UK >> Are of expertise includes: -- Provision of incubation space for companies -- Clinical assessment of devices -- Research ethics and governance -- Integrated research application system form completion -- Designing and running medical device assessment studies -- Patient recruitment and sample collection for studies

ISRC (Intelligent System Research Centre) >> Located at Ulster University Magee Campus >> Dedicated to the creation of intelligent computational systems >> Home to 1 of only 170 active MEG labs worldwide >> Area of expertise includes: - Neuro-Engineering

- Brain Computer Interfacing

- Cognitive Robotics

- Wireless Systems

- Artificial Intelligence & VR

Centre for Engineering & Renewable Energy (CERE) >> Located at Ulster University Magee Campus >> Worked with Boeing, Bombardier, Airbus & Terex >> Expertise in: -- Engineering -- Renewable energy

Cognitive Analytics Research Lab (CARL) >> Located at Ulster University Magee Campus >> Global leader in data analytics research

-- Engineering -- Mechanical -- Manufacturing; electrical and electronic engineering

>> Application of research in cognitive analytics (but not limited to): -- Health -- Financial technology -- Advanced manufacturing -- Media -- Energy -- Civic society and public policy

Legal Innovation Centre >> Promotes and supports the use of technology in legal services >> Education and training on emerging legal technologies >> Collaboration of researchers, legal practitioners and technologists

8 | Derry City & Strabane: A city region of opportunities

Talent & skills A generation of fresh thinking LABOUR POOL

TALENT PIPELINE

410,000 population

Best performing primary maths education

35% population under 25 years old

40,000 third level students

103,530 in employment

Top-performing region in post primary education at age 16 and age 18 (high school diploma equivalent)

High levels of staff retention

31% school leavers educated to degree level

Depth of skill available

Pipeline of migration to Ireland Northwest from EU and non-EU

Highly competitive salaries:

Educational institutions of excellence:

>> >> >> >> >>

>> Ulster University >> Letterkenny Institute of Technology >> NW Regional College

HR Admin $19,000pa Financial Accountant $25,000pa IT Technical Support $28,000pa Software Test Analyst $33,000pa Software Developer $30,000pa

58.9%

students with 2+ A Levels (above NI Average)

>> Northwest Regional College (NWRC) -- Leading provider of vocational courses & foundation degrees -- Centre of excellence in software engineering -- 20,000+ students each year -- Dedicated business support centre -- 25+ global partner institutions -- North Eastern University (NEU), Shenyang Province -- Recruitment of international foundation year students >> Letterkenny Institute of Technology (LYIT) -- 4000+ students -- 50+ global partner institutions -- 4 x academic schools -- Business -- Tourism -- Engineering -- Science

82%

students achieve 5+ GCSEs (above NI average)

>> Ulster University (Magee Campus) -- Top 10 entrepreneurial universities globally -- £42m invested in R & D -- Top 25% of UK universities for world leading research (REF 2016) -- 5000 students & 150+ courses -- Medical school in development -- Specialisms in technology and innovation -- Confucius Institute >> Ulster University (Magee) – expansion -- Heart of city/region’s economic development -- Joint leadership team meetings -- By 2025 9,400 FTE students -- Partnership with NWRC (750 students) -- Medical school development -- 80 students per year (graduate entry) -- St George’s University medical school curriculum -- Dean of medical school being recruited Be part of our vision | 9

Cost of living & quality of life

Quality of life >> Access to free healthcare

>> Home to……

>> Major acute regional hospital

-- A thriving arts culture & City of Culture -- Best halloween destination in the world as voted by USA today -- Rich natural & natural built environment -- Foodie destination – award winning hotels, restaurants, bars -- Rich musical legacy -- 'A 6th century city that today resonates to the sounds of the 21st century'

>> 5-20 min commute >> Host to major Events (Clipper/Halloween) >> Stunning scenery >> Historical landmarks >> Friendly people >> Award winning beaches

Overall average house price

Cost of living - price difference with Derry (%) RESTAURANT PRICES

AVERAGE GROCERY SHOP

AVERAGE RENT

Dublin

28.5%

26.1%

208.9%

Belfast

1.5%

10%

27.7%

London

35%

16.6%

316%

10 | Derry City & Strabane: A city region of opportunities

What has Derry and Strabane got to offer?

The Council is committed to advancing the economic and physical regeneration of the city region and will be bringing forward a number of development opportunities over the short to medium term

Be part of our vision | 11

How we can help?

Dedicated business development & investment team Work in partnership with Invest NI, Ulster University, North West Regional College, Donegal County Council, Chamber of Commerce and Central Government Depts. Provide support for companies in talent management & recruitment, property solutions, bespoke skills & training programmes >> Civic support through office of Mayor >> Investor Forum >> Business Ambassador Programme

Interested in our opportunities?

We want to talk to you.

Please contact: >> www.investderrystrabane.com >> investment@derrystrabane.com >> +44 (0) 28 71253253 ext 6661/6662 >>

@InvestDCSDC