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New York Comptroller urged to invest in Belfast start-up funds

24 August, 2017 - by Máirtín Ó Muilleoir

Sinn Féin MLA Máirtín Ó Muilleoir has met New York City Comptroller Scott Stringer to urge him to invest in the “inspirational entrepreneurs" of Belfast.

Máirtín Ó Muilleoir said: 

"Comptroller Stringer oversees the $160bn (£125bn) pension fund of the public workers of New York City and has been a fearless advocate of equally opportunity for all both in the Big Apple and, through the MacBride Principles on Fair Employment, in the North of Ireland.

“The New York City Comptroller has stood four-square behind the peace process since his election in 2013 and is deeply proud of his Irish roots. 

“I asked the Comptroller to visit Belfast to see for himself the inspirational entrepreneurs who are building a bright future for the city. Comptroller Stringer’s counterpart New York State Comptroller Dr Tom DiNapoli has invested £5m in Belfast equity fund Kernel Capital and £20m in South Belfast-headquartered Crescent Capital in order to further support the peace process while bringing real returns for the state’s pensioners. 

“I have asked Comptroller Stringer to look at similar investments not just in Belfast but also in Derry where a new generation of start-ups has huge potential.”

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