An exciting vision is emerging in the Mid-East region in creative industries, Agtech, and a network of innovation spaces. This bottom up regional development approach ensures the region is poised for significant growth.
Agtech & New Food
Ireland’s food industry is projected to be worth $21.6 billion by 2025 and currently represents 12.3 percent of the country’s total export revenue. The Boyne Valley Food Innovation District (BVFID), centred in the Mid-East Region, acts as a base for some of Ireland’s leading indigenous and high-growth food businesses such as Dawn Farms, Kerry Foods, and Epicom. These three companies have each made recent significant investments in their R&D capabilities, including a $28.3 million investment by Dawn Farms into its Meat Science & Innovation Centre in Naas. BVFID was recently awarded $1.7 million by the Regional Enterprise Development Fund to support indigenous food companies and enable them to scale globally.
Why you should invest in Mid-East Region
Reasons to move your startup to Mid-East Region
R&D tax credits
Research-intensive startups can take advantage of tax credits at 25 percent of qualifying R&D costs.
Attractive tax rates
At 12.5 percent, Ireland’s corporate tax rate is one of the lowest in Europe.
Cost savings continue with $44,583 as the average cost of a software engineer — lower than Western Europe counterparts.
Partners & Members
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