Menu
28/03/2012
Foster Announces Investment By US Financial Services Company
Enterprise Minister Arlene Foster today announced that Cowen International Ltd is to set up a technology research and development centre in Belfast, potentially creating up to 50 high value jobs.
Cowen International is a subsidiary of U.S based financial services firm Cowen Group, headquartered in New York. The Belfast centre will provide a range of technology and global support services to Cowen operations and will be responsible for developing innovative new technologies.
Invest Northern Ireland has offered up to £500,000 of support for the investment. The Department for Employment and Learning has also offered £175,800 of support under its Assured Skills Programme.
Announcing the investment Arlene Foster said: "This is the latest in a series of inward investment successes for Invest NI, which has identified the financial services and ICT sectors as important drivers for economic growth.
"Subject to satisfactory growth and development, the project could create up to 50 jobs which will pay salaries more than double the private sector average and will contribute more than £2 million a year to the economy. This is the kind of high value project that Invest NI is targeting and is another valuable win for Northern Ireland."
(CD)
Cowen International is a subsidiary of U.S based financial services firm Cowen Group, headquartered in New York. The Belfast centre will provide a range of technology and global support services to Cowen operations and will be responsible for developing innovative new technologies.
Invest Northern Ireland has offered up to £500,000 of support for the investment. The Department for Employment and Learning has also offered £175,800 of support under its Assured Skills Programme.
Announcing the investment Arlene Foster said: "This is the latest in a series of inward investment successes for Invest NI, which has identified the financial services and ICT sectors as important drivers for economic growth.
"Subject to satisfactory growth and development, the project could create up to 50 jobs which will pay salaries more than double the private sector average and will contribute more than £2 million a year to the economy. This is the kind of high value project that Invest NI is targeting and is another valuable win for Northern Ireland."
(CD)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
26 November 2001
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
21 May 2013
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
25 January 2011
Eire's Attraction For Investment 'Undiminished'
Despite the ongoing political turmoil, former Fianna Fail leader Brian Cowen has claimed Ireland's ability to attract Foreign Direct Investment is "undiminished". Taoiseach Brian Cowen made the comments at a special event in the Department of Foreign Affairs, involving the President of the United States Chamber of Commerce, Tom Donohue.
Eire's Attraction For Investment 'Undiminished'
Despite the ongoing political turmoil, former Fianna Fail leader Brian Cowen has claimed Ireland's ability to attract Foreign Direct Investment is "undiminished". Taoiseach Brian Cowen made the comments at a special event in the Department of Foreign Affairs, involving the President of the United States Chamber of Commerce, Tom Donohue.
26 September 2013
Sponsors Announced For The Northern Ireland Investment Conference
Enterprise Minister Arlene Foster has announced Danske Bank and British Airways as joint sponsors of the Northern Ireland Investment Conference. Organised by Invest Northern Ireland on behalf of the NI Executive, the conference will be held from 10-11 October at Titanic Belfast.
Sponsors Announced For The Northern Ireland Investment Conference
Enterprise Minister Arlene Foster has announced Danske Bank and British Airways as joint sponsors of the Northern Ireland Investment Conference. Organised by Invest Northern Ireland on behalf of the NI Executive, the conference will be held from 10-11 October at Titanic Belfast.
24 May 2012
Foster Addresses Mobile Financial Services Technology Conference
Enterprise Minister Arlene Foster has addressed senior technology representatives from some of the world's leading banks, financial and telecommunications sectors at the Mobey Forum member meeting in Titanic Belfast.
Foster Addresses Mobile Financial Services Technology Conference
Enterprise Minister Arlene Foster has addressed senior technology representatives from some of the world's leading banks, financial and telecommunications sectors at the Mobey Forum member meeting in Titanic Belfast.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
