NACEC Members meeting in Galway Technology Centre – February 2020

Country’s enterprise centres awarded €8.24m in funding

Grants will range in size from €10,000 to €150,000

Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, TD, has announced a total of €8.24 million in grants to 95 enterprise centres throughout the country under Enterprise Ireland’s Enterprise Centres Fund.

The funding is considered crucial for the future of the enterprise centre sector in Ireland as hubs around the country implement a recovery plan for businesses within their remit over the next six to 12 months.

Mr Varadkar said the funding made available through his Department would help enterprise centres all over the country modernise their facilities, protecting the health and safety of people working there and helping to secure jobs.

The 95 centres will receive grants ranging in size from €10,000 to €150,000.

A major analysis of the sector earlier this year shone a light on the devastating effects Covid-19 has wrought on enterprise centres in every county, with almost 88% of centres reporting a drop in income of between 21% and 80% as many of their entrepreneur tenants struggled to keep their own businesses afloat.

Among its stark findings were that while the vast majority of hubs had seen tenants closing their doors temporarily (83.5%), one-third (33%) of centres said some tenants have shuttered their businesses permanently.

The chairperson of the National Association of Community Enterprise Centres (NACEC), Gary O’Meara, welcomed today’s funding announcement, saying it was the culmination of months of research and collaboration between NACEC, Enterprise Ireland, the Dept of Enterprise and other key stakeholders from across the public and private sector, and which resulted in the publication of the Enterprise Centres/Hubs Covid-19 National Impact + Recovery Plan by NACEC last August.

He added: “Hubs, if managed correctly, have the potential to really drive economic activity and social prosperity throughout our regions and across rural Ireland, and I believe NACEC is now very well placed to help make these new future of work opportunities a reality.”

Mr O’Meara added that as traditional workplace dynamics have been overturned by Covid-19 and new social distancing requirements, enterprise hubs and co-working spaces are in an ideal position to provide a new ‘Hub-Home-HQ’ model as companies and their employees embrace new ways of working.

Julie Sinnamon, Enterprise Ireland CEO, said: “Over the past 20 years, enterprise centres have provided important infrastructure for entrepreneurs and are an essential part of the start-up ecosystem across Ireland.

“The centres, many of which are regionally based, provide space, connectivity, mentoring and support to start-up founders and teams, helping them to scale nationally.”

She added that the funding just announced would ensure that enterprise centres, many of which have been negatively impacted by Covid-19, can sustain their businesses, pivot and further develop their services to support the next wave of start-up companies.

According to the NACEC Strategic Plan 2019-2021 launched last year, its enterprise hub members supported over 5,500 jobs in over 1,800 businesses, with a salary contribution to the economy of €247.5 million per annum.

For-profit approvals:

NumberApplicant Name (Correct legal entity name)CountyNuts III RegionGrant Amount (€)
 1Landingzone Ltd T/A Dogpatch LabsDublin CityDublin150,000
 2Republic of Work (Cork) LimitedCorkSouth149,000
 3CIT Innovation Centre DAC. T/A The RubiconCorkSouth43,045
 4Haslette Holdings Ltd. T/A ManorHUBLeitrimNorthwest16,304
 5Thurles Community Enterprise Centre Limited (TCEC)TipperaryMid-West97,766
 6Blackgate Innovation Ltd T/A Vision 85PortlaoiseMidlands46,800
 7Vaaw Ltd/Culture Co-WorkingCorkSouth41,200
 8Charlesford Ltd T/A The Spool Factory**RoscommonWest67,500
 9Mobile Clipboard LtdGalwayWest10,905
10The Box CoWork LtdKerryMid-West46,600
11HQ Coworking Space Ltd.KerryMid-West91,920
12Ardee Community Development Company Ltd.LouthNortheast105,420
13Ionad Fiontar Pobal Iar Dheisceart Dhun Na Ngall TeorantaDonegalNorthwest10,648
877,108

 

Not-for-profit approvals:

 NumberApplicant Name (Correct legal entity name)CountyEI RegionGrant Amount
1Action Community & Enterprise CLG t/a ACE Enterprise ParkDublin SouthDublin     150,000
2Action Tuam Company Limited by GuaranteeGalwayWest     150,000
3Allenwood Community Development Association CLGKildareMid-East       75,359
4Arclabs Research & Innovation Centre Waterford Institute of TechnologyWaterfordSoutheast     119,830
5Arklow Business Enterprise Centre Ltd.WicklowMid-East       99,820
6Athlone Community Development Association CLGWestmeathMidlands       82,600
7Ballinasloe Area Community Development CLG Ballinasloe Enterprise CentreGalwayWest       50,176
8Ballyhoura Food Centre (Hospital) DACLimerickMid-West       28,480
9Ballyhoura Food Centre (Mitchelstown) DACCorkSouth       28,400
10BASE Enterprise CLGDublin FingalDublin       81,920
11Bia Innovator Campus CLGGalwayWest       54,000
12Broadford Community Enterprise Centre CLGLimerickMid-West       40,000
13Brookpark Enterprise Centre CLGCorkSouth       38,560
14Carlow Community Enterprise Centres CLGCarlowSoutheast       96,478
15Castleblayney Community Enterprise CLGMonaghanNorth-East/ North-West       45,760
16Cavan County Enterprise Fund **CavanNortheast       83,200
17Cavan Digital Hub DACCavanNortheast       56,128
18Cavan Innovation & Technology Centre LtdCavanNortheast       99,040
19Churchfield Community TrustCorkSouth       37,502
20COLAB Letterkenny Institute of TechnologyDonegalNorthwest     150,000
21Cork Urban Enterprises CLG T/A Northside for Business CampusCorkSouth     103,400
22County Kildare Chamber of Commerce CLGKildareMid-East       17,416
23Creative Spark CLGLouthNortheast     108,000
24Croom Community Enterprise Centre DACLimerickMid-West       44,171
25Digital Hq CLG t/a Dún Laoghaire Enterprise CentreDublin Dun Laoghaire RathdownDublin       28,483
26Donegal County Enterprise Fund **DonegalNorthwest       90,648
27Drogheda Enterprise Centre CLGLouthNortheast     140,600
28Drumshanbo Enterprise Centre Company CLGLeitrimNorthwest       81,384
29Drumshanbo Community Council CLGLeitrimNorthwest       96,240
30Dublin Business Innovation Centre t/a Space@Dublin BICDublin CityDublin       34,353
31Dublin Enterprise & Technology Centre T/A Guinness Enterprise CentreDublin CityDublin     147,000
32Dundalk Institute of Technology t/a Regional Development CentreLouthNortheast     146,170
33Dungarvan Enterprise Centre CLGWaterfordSoutheast       64,369
34Enterprise & Research Incubation Centre (ERIC)CarlowSoutheast       32,000
35Enterprise Castlerea Company Limited by Guarantee – T/A The Hub / An Chistin Food HubRoscommonWest       52,500
36Ferbane Business & Technology Park CLGOffalyMidlands       40,000
37Fumbally Exchange CLGDublin CityDublin     148,600
38Galway City Innovation District CLGGalwayWest     149,978
39Galway Mayo Institute of Technology – GMIT Innovation Hubs- Galway (iHub Galway)GalwayWest     101,442
40Galway Technology Centre DACGalwayWest     149,400
41Galway-Mayo Institute of Technology Innovation Hub MayoMayoWest       75,828
42Innovate Dublin Communities CLGDublin FingalDublin     145,024
43Institute of Technology Sligo T/A Innovation Centre at IT SligoSligoNorth-East/ North-West     146,220
44IRD North Mayo – West Sligo (t/a Moy Valley Resources)MayoWest       10,200
45Kells Community Enterprise Company CLGMeathMid-East     148,720
46Kerry Innovation Centre CLG t/a Tom Crean Business CentreKerryMid-West       95,067
47Kilkenny Community Enterprise Centre CLG t/a The Abbey Business CentreKilkennySoutheast       86,880
48Killarney Technology Innovation LimitedKerryMid-West       75,600
49Leitrim County Enterprise Fund T/A The Hive **LeitrimNorth-East/ North-West     139,637
50Limerick Institute of Technology Questum Acceleration CentreTipperaryMid-West     112,322
51LIT Hartnett Enterprise Acceleration Centre (HEAC)limerickMid-West       87,525
52Ludgate Operations CLGCorkSouth     117,152
53Meath Enterprise Centre Company CLGMeathMid-East     145,664
54Midlands Innovation and Research CentreWestmeathMidlands       56,327
55Mitchelstown Community Forum CLGTipperaryMid-West       84,400
56Mol TeicKerryMid-West       65,680
57Monaghan County Enterprise Fund **MonaghanNortheast       81,600
58National University of Ireland Galway Business Innovation Centre (BIC) – Innovation OfficeGalwayWest       98,000
59Nexus Innovation Centre ULLimerickMid-West     145,394
60Nutgrove Community Enterprise Centre CLGDublin Dun Laoghaire RathdownDublin       39,896
61Offaly Innovation and Design Centre CLGOffalyMidlands       69,760
62Partas CLGDublin SouthDublin       64,000
63Portarlington Enterprise Centre CLGLaoisMidlands       67,840
64Portlaoise Enterprise CentreLaoisMidlands       88,000
65RDI Hub Company Limited by GuaranteeKerryMid-West     104,794
66S.C.C.U.L Enterprises CLGGalwayWest     150,000
67Sneem Innovation & Technology Services CLGKerryMid-West       77,808
68Social and Local Enterprise Alliance DACDublin SouthDublin     136,000
69St Paul’s Area Development Enterprise Ltd t/a SPADE Enterprise CentreDublin CityDublin     119,200
70Sustainable Ireland Cooperative Society Ltd & North Tipperary Green Enterprise Park CLGTipperaryMid-West       71,760
71TangentDublin CityDublin     100,200
72The Community Enterprise Society CLG t/a Terenure Enterprise CentreDublin SouthDublin       54,660
73The Media CubeDublin Dun Laoghaire RathdownDublin     120,000
74The Model County Enterprise Group CLG – Centre EnniscorthyWexfordSoutheast       98,400
75The Model County Enterprise Group CLG – Centre The HatchWexfordSoutheast       52,800
76TU Dublin Tallaght Campus t/a Synergy CentreDublin SouthDublin       89,390
77Tubbercurry Development CLG T/A An Chroí South Sligo Enterprise CentreSligoNorth       67,600
78UCD Nova Designated Activity CompanyDublin Dun Laoghaire RathdownDublin     132,043
79University College CorkCorkSouth     105,480
80Waterford City Community Enterprise Centre CLG: Trading as: Waterford City Enterprise CentreWaterfordSoutheast       80,503
81Westport Multi Agency Enterprise CLG TA Leeson Enterprise CentreMayoWest       74,600
82Wexford Community Development Association Society Limited Trading as Wexford Enterprise CentreWexfordSoutheast    144,395
  7,369,776