The Western Development Commission (WDC) has reported a landmark year in 2023, highlighting its significant contributions to economic and social development across counties Donegal, Sligo, Leitrim, Roscommon, Mayo, Galway, and Clare.
One of the biggest investments secured in 2023 includes €200,000 to Magamedia for the Obituary TV series filmed in Ballyshannon, Co Donegal.
Obituary, which was released in September, proved a hit among audiences. The dark comedy follows an obituarist for a small-town newspaper who begins murdering people to create stories.
Other notable investments in the region this year include €500,000 in Peroptyx who are building a data-driven global technology company from Mayo, €1.5m in Xerotech who are focused on battery technology and industrial electrification from Claregalway, a €400,000 investment in Co.Clare based Hooke Bio who are developing a fully integrated high throughput screening system for 3D microtissues.
Beyond financial investments, the WDC remains dedicated to development initiatives that have an impact across the region. In 2023, the agency secured a direct regional investment of €11.62 million over the next three years. This funding has been harnessed by the WDC from EU sources and it is intended that these initiatives will engage with over 1000 SME’s in priority areas like the Circular Economy, Creative Economy, niche tourism, and SME innovation and digitisation.
As the exclusive state entity dedicated to promoting living, working, and relocating to the West of Ireland, the WDC spearheaded multiple initiatives throughout 2023. These efforts included the launch of their online ‘Local Living, Global Opportunities’ campaign, the successful second season of the TV show ‘Moving West’ on TG4, and a collaborative campaign with Connacht Rugby spotlighting the advantages of relocating to the West.
Reviewing the year’s milestones and accomplishments, CEO Allan Mulrooney remarked “Reflecting on 2023, our strategic investments underscore our commitment to fuel growth and innovation in the Western region and I commend our team for their hard work. Despite record investments, the challenge lies in the pipeline for new companies, particularly in the Northwest. Our development work utilizing EU funds and our ConnectedHubs
Addressing regional challenges, Mr. Mulrooney emphasized, “The WDC calls for greater urgency in delivering critical enabling infrastructure projects outlined in National Development Plans.
“While the WDC stands ready to support and drive innovation, it is crucial to recognize the immediate necessity for a united effort to tackle foundational issues. The West and North West face a significant infrastructure deficit, particularly in energy infrastructure, our electricity network and transport network. This deficiency hinders our economic growth, investment appeal, and the region’s ability to attract residents. It is imperative that we prioritize and expedite these projects to ensure equitable development and bring the West and North West up to par with the rest of the country.”
