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Galway, Ireland - Named Europe's Micro City of the Year

From: domainremoved <>
Date: Wed, 19 Mar 2014 12:18:30 -0400

Honorable Mayor and City Council Members:
 
When the Menlo Park City Council agreed last year to sign a FRIENDSHIP
AGREEMENT with the prosperous, historic European City of Galway, Ireland, you
may not have realized at the time that it would become known as Europe's
Micro City of the Year. To learn more, please read the article below.
 
This recognition may especially be of interest to the newly formed Audit
and Finance Committee, the Economic Development Department headed by Jim
Cogan, his advisory groups, city management and to the City Council.
 
There may be much to learn from our newly founded friends in Galway, not
only from a business, economic, technological and information industry, but
also from sports, culture, education, athletics and a variety of other ways,
that in a special way FRIENDS CAN SHARE WITH ONE ANOTHER. Some call it
"people helping people" I call it one step toward building world peace and
understanding. Thank you for helping to make this possible.
 
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Galway City has just been crowned as Europe’s Micro City of the Year by
the Financial Times.
 
In a study of the most promising investment locations in Europe, fDi
Magazine – a Financial Times publication – has crowned Galway City a winner of
a European City and Region of the Future 2014/15 title and ranked Galway
City as Best Overall Micro City in Europe, 2nd place as Best Micro City for
economic potential and 2nd place Micro City for economic potential and third
best Micro City in business friendliness.
 
Crucially for its categorisation Galway City is the only micro city to be
listed in the Top 25 overall European Cities of the Future.
 
Brendan McGrath, Galway City Manager, welcomed the awards and the
categorisation of Galway within the Top 25 Cities of Europe as a significant
endorsement of Galway City and its potential to lead the west of Ireland as a
place for investment and economic development.
 
The City Manager went on stress that “the City Council would have to be
seen to lead Galway City as a major city to attract foreign direct investment
and that the staff of the Council would work with the IDA to support
investment-led visits to Galway City & the west of Ireland region. If we don’t
take on this role, and ensure that Galway City gets its share of FDI visits
and market the city internationally as a city of economic potential, then
we can’t expect support from other agencies of the state.”

 
Adding to this Liam Hanrahan, Economic Development Unit, Galway City
Council explained that the survey had examined data that was collected from 468
locations, both cities and regions, in five categories:Economic Potential,
Human Capital and Lifestyle, Cost Effectiveness, Infrastructure and Business
 Friendliness.
 
Galway City Council went on to make a short submission which reflected on
the ability of the City Council, other agencies and the business community
in general to work together to promote Galway. This submission included
work done in meeting with IDA company CEOs on a regular basis, the annual Meet
West conferences, the changing role of the local authorities in being more
central to enterprise development etc.

He added that “The data from the survey & the awards will be used to
promote and market the city – both by the City Council and by the IDA. The data
will also be a valuable source of information for the development of a new
Galway Economic Strategy & Action Plan to be developed in 2014 and will be
a support for Galway as it strives to become the European Capital of
Culture 2020”
Received on Wed Mar 19 2014 - 09:17:39 PDT

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