The North-East regional office of the IDA (Industrial Development Agency) is based in Dundalk. The IDA is the state agency tasked with attracting foreign investment to Ireland. As well as assisting in identifying potential locations for businesses, the IDA may also provide financial incentives to multinationals. The foreign owned companies with operations in the region include Coca Cola, Heinz, Becton Dickenson, Irish Life, National Pen, Daiwa Securities Global Asset Services, Diageo, and Satir. IDA’s Finnabair Business Park in Dundalk, adjacent to the Institute of Technology, provides building and Greenfield site solutions for overseas companies. IDA also has a developed land bank in Dundalk of circa 60 hectares (150 acres) capable of meeting the demands of large process related industry.
Also based in the Finnabair Industrial Estate is Enterprise Ireland. Enterprise Ireland is the government agency responsible for the development and promotion of the indigenous business sector. Its mission is to accelerate the development of world-class Irish companies to achieve strong positions in global markets resulting in increased national and regional prosperity. It also provides funding such as R&D grants and business growth finance.