ITLGIrish Technology Leadership Group (Palo Alto, California)
ITLGIndigenous Tourism Leadership Group
ITLGInformation Technology Liaison Group
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ITLG's JohnHartnett said: "The technological age and what we do in the future will be driven largely by the young people of today.
Established in 2007, ITLG is a non-profit group of senior Irish executives from around the world, including some of Silicon Valley''s leading corporations.
By recognising us as fellow Celts who want to work alongside our Irish cousins to develop our respective economies, the ITLG has given us a platform to potentially connect entrepreneurs, technology companies, academics, students and government officials to Silicon Valley.
"I welcome the support of the Global Academy and the ITLG and am pleased to provide funding support to enable Welsh businesses to take up this opportunity."
John Hartnett from ITLG, which comprises of Silicon Valley technology leaders of Irish descent, added: "Young talent is the strongest pillar of any future economy and we want to give these exceptional youngsters the opportunity to seek experience and guidance from some of the most successful business leaders based in Silicon Valley and Hollywood."
Earlier this summer, the University of Wales Global Academy opened an office in ITLG's Irish Innovation Centre in San Jose, the capital city of Silicon Valley, to give Welsh firms access to the region's investors and universities.
SHOWBIZ First Ministers & John Hartnett of the ITLG
I certainly can understand what he was talking about, having attended a "Dragon's Den"-style University Challenge organised by ITLG and sponsored by Cisco, in which three companies spinning out from the Irish higher education sector competed on stage at Dublin City University for a [ETH]100,000 (pounds 86,332) prize.
The ITLG includes top executives from some of Silicon Valley's top firms and is committed to helping Ireland, North and South, embrace new technology opportunities to create jobs.
John Hartnett, founder of the IIC and chief executive of the ITLG, said: "Connecting Welsh technology companies to Silicon Valley is crucial to accelerate Welsh innovation.
The North's Deputy First Minister Martin Guinness said: "Groups such as the ITLG provide invaluable insights into this dynamic industry."