While Dublin’s art and recreation sector doesn’t draw much FDI itself, it is a key aspect of what makes the city so appealing to investors.
Dublin has long been famed for its rich culture, vibrant arts scene and never-ending choice of enjoyable events. From world-class museums and galleries, through to original festivals, markets and a bustling sports scene, it offers something for everyone to enjoy.
While many FDI companies and startups choose Dublin for its business-friendly environment, EU membership and favourable tax regime, its reputation as a lively and diverse city helps attract investment too. Businesses of every kind want to set up shop in a place where staff want to live long-term. Dublin offers just this and it’s a major draw for investment.
Prior to the Covid-19 pandemic, growth in the arts and recreation sector was above the EU average – particularly in the area of sports and recreation. While it was hit hard by long-term lockdowns, the good news is that state support should help reignite the scene once again. In fact, the Arts Council has received its biggest ever grant to ensure key cultural organisations remain robust.
Other funding to support initiatives in the arts is available from bodies like Creative Ireland and Culture Ireland.
Main bodies involved in arts and recreation
Read about other key industry sectors which draw businesses from around the globe to Dublin.