The co-founder of an American digital company has revealed that Derry saw off competition from Berlin, Dublin and Belfast for the creation of 100 new jobs.
Mike Pinkerton, COO/General Counsel of Metaverse Mod Squad, spoke to the ‘Journal’ at the official jobs announcement in Metaverse Mod Squad’s offices in the Old City Factory in Patrick Street on Wednesday.
“We wanted to set-up a base in Europe like we did in Sacramento and we needed a bricks and mortar presence to do what we do and we chose Derry because of those reasons and we know that we are going to prosper and flourish here with Derry as our operation zone.”
Digital innovation has been central to the development of Derry’s economy over the last few years and Mr. Pemberton confirmed the city’s enthusiasm for all things digital was a major factor in convincing Metaverse Mod Squad to locate here.
“We met with the University of Ulster in Derry and combined with Digital Derry and CultureTECH it was a big part of the equation. That’s what convinced us that Derry is serious about innovation, that’s what convinced that Derry is serious about technology and that’s what convinced Derry is serious about digital engagement - so that’s why we are here.”
SDLP MLA for Foyle, Colum Eastwood, described the jobs announcement as a “vote of confidence” in Derry.
“The arrival of Metaverse Mod Squad in Derry city centre is very welcome news.
“Our city was in competition with Dublin and Berlin to attract this major investment and to secure it is a real vote of confidence in our city and its workforce.
“This is a significant investment for Derry which has, in recent years, gained the unfortunate title of biggest unemployment hotspot on these islands.”
Mr Eastwood added: “Derry can benefit from many more large scale investments with sustained financial support from the Executive for the development of the infrastructure and skills base we need to compete with Belfast and other cities.
“The delivery of proper road links with Belfast and Dublin, fit for purpose rail infrastructure and the expansion of our university at Magee must be made top priorities by the Stormont leadership to allow Derry to achieve this goal.”
Sinn Fein MLA for Foyle, Raymond McCartney, said he hoped the announcement would encourage other companies to locate their businesses in Derry.
“The announcement today of the creation of 100 new posts to be situated in the heart of the city is a welcome boost for the local economy and I believe this can be built upon.
“With the Kelvin network providing the quickest internet connection between the US and Europe, a highly educated and conscientious workforce and modern office space Derry is an ideal site for Metaverse Mod Squad to develop its business.
“I hope this announcement can be the catalyst to attract similar companies into the North West so we can develop a digital industry in the Derry area.”
MP for Foyle, Mark Durkan said: “Today’s announcement is good news for the city and we must build on it.”
If you would like to apply for a job with Metaverse Mod Squad in Derry click on Metaverse Mod Squad Jobs Derry.