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Ireland Business Partnerships

Newfoundland and Labrador's Partnership with the Republic of Ireland, The Ireland Business Partnerships (IBP) was established as a public/private partnership between the private sector and the Government of Newfoundland and Labrador in 1997. The organization was established in response to the Signing of a Memorandum of Understanding (MOU) between the Government of Newfoundland and Labrador and the Government of Ireland in 1996. The IBP has a mandate to identify, foster and promote trade and partnership opportunities in business, education and culture between Newfoundland & Labrador and Ireland.

After a visit to Ireland in July 2004 and a meeting with the Prime Minister of Ireland, Premier Williams re-signed the MOU and reaffirmed the relationship with Ireland and committed to strengthening Newfoundland's participation in the initiative. Government subsequently moved the Ireland Business Partnerships and the Executive Director, within the Department of Innovation, Business and Rural Development, increasing the profile of the initiative and adding resources.

What We Do

Through its strategic partners, contacts and resources, the IBP can provide the following support to Newfoundland and Labrador businesses and organizations:

• Up-to-date profile information on the Irish economy and business including development and investment programs, legislation, and regulations of both Ireland and the European Union.
• Exploring the potential for co-operative exchanges, collaboration and strategic partnerships in support of economic growth and development.
• Facilitating the establishment of strategic alliances through marketing agreements, joint ventures, licensing agreements, technology transfer or research and development initiatives.
• Coordination of one on one meetings with strategic Irish businesses, agencies and organizations to help fast track business opportunities.
• Organization of outgoing and incoming trade missions between the Province of Newfoundland and Labrador and the Republic of Ireland.

The Irish/Newfoundland Connection

Within Ireland, the IBP has established solid relationships with key individuals in strategic sectors to enable the identification of business partnerships. The Office of the Taoiseach, the Irish Prime Minister, provides strong support to ensure opportunities can be optimized.

In April 2001, Hon. Noel Treacy, Minister for State for Science, Technology and Commerce, Government of Ireland, formally inaugurated the Ireland Newfoundland Partnership (INP) in order to promote economic and related co-operation between Ireland and Newfoundland and Labrador. The INP acts as a counterpart to Ireland Business Partnerships and assists in identifying joint opportunities for both Irish and Newfoundland interests.

To Find Out More

For more information contact:

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