Milseog Na Mara Are Business Achievers

Young Entrepreneurs of the Year 2015

A group of Donegal teenagers have been named European Young Entrepreneurs of the Year 2015 at a ceremony in Budapest. True business achievers.

Desserts of the Sea

Mary Kate Carr (15), Aimée Byrne (16), Rebecca McShane (16) and Ronan O’Hare (15) from Glencolmcille in Donegal won the award for their business ‘Milseog na Mara’, meaning Desserts of the Sea, which offers healthy alternatives to jellies and chocolate mousse using a type of locally sourced seaweed – Carrageen Moss – as the main ingredient.

Foroige

The competition is hosted by YouthStart, European Entrepreneurship Award – an affiliate of the Network for Teaching Entrepreneurship in Budapest, which is run in Ireland by Foróige – Ireland’s leading youth organisation. Earlier this year, the young people were named the Youth Entrepreneurs of the Year 2015 in Ireland and their reward was to represent their country on the European stage.

Ireland has now been honoured at the awards for three consecutive years.

NFTE programme

The NFTE programme was founded by US businessman Steve Mariotti in New York in 1987 to prevent at risk young people from low-income communities from ‘dropping out’ of the education system. The programme teaches young people to think like entrepreneurs, to take calculated risks, to be open to learning and be empowered to own their own futures. The programme now operates in countries across the globe, including in the United States where the programme is supported by global star and Bad Boy Entertainment founder Sean “Diddy” Combs.

1500 participants, 600 businesses

In Ireland, a total of 1,500 participants from low income communities who set up 600 businesses as part of this year’s Foróige NFTE entrepreneurship programme, generating a collective turnover of €250,000. The programme runs from September to May every year.

Why?

Research carried out by NFTE among 3,600 young people who participated in the programme found that 70% of all participants have found a job, either as an employee or an entrepreneur. The survey also shows that each NFTE entrepreneur in turn employs an average of 3.5 people.

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EXIM Summit, Ireland’s only export import conference

EXIM Summit, Ireland’s only Export Import Conference in 2015, will take place in Croke Park Conference Centre on November 18 next.

Thought leadership

The one-day conference will provide export-import practitioners with a forum for education, innovation and thought leadership, and a platform for continued growth. Which is why we are surprised Ron is moderating one of the sessions ;). Maybe because Ulster Bank is one of the gold sponsors. Maybe it is because the international trade section of Smallbusinesscan.

Network opportunity

It presents an opportunity for strategic networking among participants who are trading beyond Ireland, giving them the opportunity to meet and interact with fellow business leaders and support bodies engaged in international trade. Attendees can also to seek out services which will help them in their export-import journey.

Who should go

The EXIM Summit is targeted at:

Irish Exporters and Importers
Globally recognised Export-Import companies and brands
Support Organisations
Government/ Support Bodies
Entrepreneurs and Investors
Industry Associations Representatives
Marketing professionals

Expert speakers

Expert speakers at EXIM Summit include: Stephen Brewer, Consultant and former CEO of Digcell, Joanna Murphy, CEO Connect Ireland, Jim Power, economist; Jim Fitzsimons, President of IMCA, Dr. Stephen Brennan, Chief Digital Advisor to the Irish Government and Kingsley Aikins of Diaspora Matters. EXIM Summit will be officially opened by An Tanaiste Joan Burton. To see the full list of speakers and event agenda, please see http://eximsummit.com/agenda/

Tickets

Tickets for this unmissable event can be purchased for €99 (€100 discount) at www.eximsummit.com

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5 Reasons Why Small Business Should Work With a Financial Broker

For those who aren’t that familiar with the term, Commercial Mortgage is a type of mortgage loan acquired for the development of commercial property. This can certainly be a great way how SMEs can benefit from Commercial Mortgage to expand their businesses. Due to their lack of experience and credibility, it is often hard for small enterprises to get easy access to loans and funding. Thus securing a loan through a commercial broker is a great way to get more funds for additional operations in a growing business. Listed below are the various reasons why working with a commercial broker is beneficial for small businesses and startups.

Lender Contacts

The number one reason for working with a commercial broker is the sheer number of contacts they have. As a business owner, you can do additional research to get a huge list of lenders whom you can contact. Nevertheless, there’s hardly a chance you can make much progress without proper reference of a repute broker. Helping lenders invest their money is the bread and butter of a business finance broker. Thus working with one will provide you access to a plethora of lenders to expand your growing business.

Lower Risk

Without a reputed broker, there’s a high chance that you will end up getting financed by a single lender. While that doesn’t sound bad, working with a single lender has a plethora of problems. The loan approval time is often long and several terms are non-negotiable due to the lack of options. Also, there might be a chance that you loan may not get approved at all. Such instances can be extremely devastating on your company’s morale and should be avoided. As a commercial broker arrange finances from a huge list of lenders and the terms are certainly more negotiable. A commercial broker will also provide a surety of you getting the desired finance lowering the risk of failures.

Additional Support

A good commercial or business finance broker not only provides assured finances from lenders, but will also provide additional support. Regular updates of your loan status, helpline and accounting solutions etc. are the various services that a repute commercial broker offers their clients. This not only provides a much needed respite to the business owners, but also provides them with a chance to work with seasoned professionals in the finance industry.

Protection from Over-hyped Interest Rates

You certainly cannot hope to win a court case without a lawyer, then why do the same with commercial mortgage? Working with the broker will not only ensure that you get the desired funds, but will also support you in negotiating the interest rates with the lenders. A good broker will accompany you during all the meetings with the clients and lenders, and will do their best in getting you a good deal.

Financial Advice

There are several benefits of working with an experienced financial broker. Being the owner of a startup, you would certainly want to learn more about managing your finances by working with experienced professionals. A financial broker not just helps you get the required finances but will also help you in managing the acquired funds and putting them to best use. Small business owners can certainly learn a lot when working with an experienced commercial finance broker.

Trying to get a commercial mortgage without a broker is like going to the court without a lawyer. The above reasons not only prove how important commercial brokers are, but also show that for a little fee, small businesses can say goodbye to their financial worries.

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Everything Your Business Needs To Know About Seasonal Recruitment

Many sectors of the UK economy rely on seasonal recruitment in order to develop their businesses and satisfy consumer demand. Agriculture, tourism and hospitality are just a few examples of industries that can only function efficiently as a result of seasonal recruitment.

Use a reputable agency for your seasonal recruitment needs

There is nothing wrong with placing an advertisement in a local newspaper when you need to recruit. The problem arises when you have to sift through the myriad of applications and then assess which candidates you should interview. You should ask yourself whether you can really afford the time to go through the recruitment process. Often, it’s much easier and efficient to engage the services of an experienced recruitment agency, for example, The SmartList, that will be able to weed out candidates on your behalf.

If you are using a temporary workforce, the agency will be also able to act as the employer, rather than you having to satisfy cumbersome HMRC demands.

Checking your candidates

If you do decide to recruit your staff directly, rather than using an agency you must be aware of your legal responsibilities. In May 2015 the government introduced the Employer’s Guide to Right to Work Checks, and any employer who fails to follow the terms and conditions of this regulation, will find themselves in trouble. These checks have to be carried out before your hire the employee. So, farmers looking to harvest crops or a restaurant that employs extra staff during the Christmas rush will have to factor this legal obligation into their hiring process.

Speaking about the need for applying checks to all immigrant workers, the immigration minister, James Brokenshire, stated that, ‘rogue employers who give jobs to illegal migrants are denying work to UK citizens and legal migrants.’ According to the BBC website fines of up to £20,000 or even prison sentences will be imposed if employers don’t follow these rules.

Coping with fluctuating needs

The needs of businesses that employ seasonal workers may fluctuate on an annual basis. This is especially relevant to those who work within the agricultural sector. Many farmers use Gangmasters in order to cope with seasonal demand and as long as the Gangmaster can show that they hold a Gangmaster’s Licence, this might be an employment solution for a busy farmer.

Make sure your business is up to date with insurance

A seasonal workforce means that business owners will have to check that they have the right health and safety practices in place. As well as being a legal requirement, your insurers will have to be informed if your workforce expands from just a few members of staff to additional teams of contract workers during busy periods.

As long as you follow the government guidelines on employment, pay a decent wage and learn how to deal with some of the problems that may arise with a larger workforce on your premises, a seasonal workforce can help you grow and make the most from your business.

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New food spaces to open soon in Ardee

If you are a food producer and if you are based in Louth or in the North East Region, you should take note.

New facilities for food producers in Ardee

Ardee Community Development Company are proud to announce a new facility which will establish Ardee as the centre for small food producers in the North East region. This facility to be known as the North East Regional Food Centre (NERFC) will comprise of a timeshare fully fitted kitchen, food finished production units and a training suite which will provide training in all aspects of food related issues and product development.

Timeshare kitchen

The timeshare kitchen will be available for rental on a daily, or half day basis. This facility will be of particular interest to small producers who wish to trial new products or existing producers who wish to look at new possibilities in a confidential research situation. Since the premises are approved by the EHO, and has an extensive range of food production equipment, it will be suitable for batch production for farmers markets and specialist products.

Launch on 11 December

The official launch of the North East Regional Food Centre will take place on 11^th December in Ardee Business Park. In conjunction with this it is intended to hold a trade fair for food producers and associated businesses.

Show your wares

It is hoped to attract artisan and small food producers to show their products at this launch and have it open to the public. There will be a covered Marquee for producers and it is hoped to have the various support agencies at the event.

If you wish to participate please let us know within the next week to secure a place at the event.

Book

Bookings can be made by contacting 041 6857680 or 0872432258 or by email at the address shown below. The event is free to all participants.

Details as follows –

Date/Time – Friday 11th December @12.00 noon

Venue – Ardee Business Park, Hale St. Ardee

Facilities – Marquee and tables

Cost – Free of Charge

Ph- 041-6857680 or 087-2432258

E mail – info@ardeebusinesspark.ie

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Small Business Branding, SEO and Social Media

With the vast array of opportunities for small businesses to succeed today, it is a necessity for them to ensure that they are taking the proper steps towards attaining their greatest potentials of success. As businesses may find it a difficult time to compete with other businesses in their particular field, there is always an opportunity with today’s online branding strategies. In order for a business to beat out their competitors, they must implement efficient and effective methods of marketing into their functional models/operations. Only by taking these necessary steps will a company have success in creating their own brand. Let’s look at small business Branding and how it relates to online factors like SEO and social media.

As today’s businesses are provided with a myriad of tools online for chances at success, it is important to note that delving into such opportunities will only be effective if the website owner acts proactively in maintaining their updating necessities on a consistent basis. For instance, a website that provides its customer base with a number of products and services will usually be required to update their database’s content every once in awhile to show their persistence and credibility as a brand.

When a business keeps their content up-to-date and in with the current trends, they are sending a message to their customer/client base that they care about them and their needs and will do everything they can to keep producing and providing similar products/services to maintain an entity as an ever-changing brand.

Social Media

Firstly, take advantage of social media when trying to promote your brand. Set up Google+, Twitter and Facebook accounts. We live in a day and age where everything and anything can be shared. Join relevant Google+ communities, tweet out to industry influencers, share your blog posts on Facebook. But most importantly, provide content that makes your business stand out from competitors. For example, create hashtags and share content outside of your brand, but still relevant to your industry. The less commercial you sound, the more willing people are to connect and follow you. Strive to be the account people want to follow and keep tabs on what others in your communities are sharing. This way you’ll not only gain a following, but connect with people and influencers in your industry. Also, don’t overlook the potential these channels have to boost employee recognition. If someone in your company receives an award, right a blog post about it and share it online. You’ll most likely find that the employee recognition ideas that can be incorporated on social channels will be a great way to increase employee buy in and overall engagement.

SEO

One of the most effective strategies of branding is search engine optimization. By incorporating SEO work into one’s web content, the website owner will be able to generate more leads towards their website(s) than ever before. As the web developer intertwines popular keywords and phrases into the site’s overall content, they will have the ability of having their link show towards the beginning of some of today’s most popular search engines. There are many reasons why this is important and vital to one’s success. As there are billions of webpages on the Internet, a business who utilizes website development for the purposes of marketing will need to ensure that their content consists of high quality material to truly grasp the attention of visitors.

However, in order for those visitors to land on the webpage(s) in the first place, they will need to be driven to the site(s) somehow. If the brand hasn’t already built itself up a name and reputation, it is very unlikely for their page(s) to even be seen as there are billions of websites on the Internet. By implementing SEO work into one’s content, the website owner will be able to take advantage of having content with special keywords and phrases that work to drive their webpage(s) towards the front of some of today’s most commonly utilized search engines. When people search for certain products and/or services, they will usually input certain words and phrases into search engine boxes to find what they are looking for. A business that combines popular keywords along with high qualities of content within their webpage(s) will moved towards the front pages of their search result “hit queries”.

Face-to-Face

Video conferencing is another essential function of a solid branding foundation. Video conferencing allows companies to communicate with their clients in a face-to-face setting without having to actually travel from one place to another. Therefore, both parties can comfortably communicate with one another on a personal level without having to leave their homes or place of business. This is a great benefit for small businesses as it brings networking and communications to a platform that cannot be found elsewhere. Any company that is striving to break through in their market should use video conferencing as a form of communication as it can boost their ratings and reputation as a proficient, reliable, and trustworthy company. Furthermore, it shows how a company strives to please their clients/customers by maintaining personal connections.

Have an experience using any of these tactics to grow your small business? Better yet, have an experience where you used a tactic that I left out? Share below in the comments.

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In The Beginning: Blog Topics and Tips for Small Business Owners

Let’s say that you’re a small business owner and you just started a blog because you heard how incredibly helpful they can be in building your brand and raising awareness for your business. Now that it’s up and running, you’ve encountered an issue…

You’re Not sure How or What to Blog. Read on for blog topics and tips…

We’ve all been there, which is why today we’re going to discuss some key blog topics and tips that will help you solidify your business’ presence online. Let’s take a look!

Common Blog Topics for Small Businesses

Blogs are huge opportunities for small businesses to expand their reach and market their products. The problem is, you can’t simply provide a stream of advertisements and expect the blog to take off.

To help you build a strong presence of content online, consider these topics as great places to start:

Provide Helpful “How-To” Posts

Blog content should always provide value to the reader. Value is the name of the game, and nothing is more helpful than a “how-to” guide that is relevant to your audience. Take a look at the expertise you have in the field of your business, and use that to create a helpful guide that your customers can use.

Solve a Problem Your Customers Have

Another great way to provide that all-important value to your readers is to solve a common problem that they have. This can be anything from a guide on how to start to start a blog, to a guide on how to use your products to make their life easier.

Promote Your Products and Services

Keep in mind that using your blog to promote products and services is possible, but trying to sell customers on them in a pushy way through the blog won’t go over well. Instead, place the product in your customer’s daily lives. Make it relevant and useful to them in a way that allows you to naturally mention it in a post. Don’t make it the focus of your post, instead make it a side note that fits naturally into the greater whole.

Share News From Your Industry

Credibility is huge when it comes to small business blogs. People need to be able to trust your advice and opinions. By showing them current news stories and speaking authoritatively on topics that interest them, you’re building an image that showcases you as a credible source for information.

Entertain Your Readers

Sometimes readers just need to know that you’re human. The ability to tell a story and captivate your readers is something that every business will need to have in the near future. If people can associate an emotion or story with your brand, then they will connect with it much easier, and remember it in the future.

Blogging Tips for Small Startup Businesses

Now that you have some blog topics to run with, the next step is understanding how to craft the perfect blog posts for your readers. Next up, we’ll take a look at some tips to make your posts stand out from the rest.

Stick to Your Schedule

Once you’ve defined your blogging schedule, make sure you don’t deviate from it. Consistency is key in the world of blogging. If you deviate from your usual schedule, readers will look elsewhere for the information they need, and that’s the opposite of what you want.

You don’t need a schedule that takes you away from every other aspect of your business, but whatever you decide, make sure it doesn’t deviate from the plan that you’ve established.

Quality is King

People who read content online are in a hurry. The people who read your blog have busy lives, which is why you should value their time. Ensure that your posts are focused, informative, and represent your brand in a positive light. In addition, be sure to do plenty of proofreading and editing before you post. You don’t need to be an English major to write quality content, but there are some key writing techniques you should be familiar with in order to properly engage your audience.

Length is Important

The length of your posts in terms of word count is important. Not every post needs to be 2,000 words or more, but they all should shoot for a 500 word minimum. In the end, longer posts are better, but you shouldn’t seek to fluff your posts just to create a longer word count. Make sure the content you publish is relevant. Never fluff your posts.

Engage With Your Readers

When you finish writing a post, invite your readers to comment and share their thoughts. When that’s done, make sure you respond to them in kind. If they have questions, concerns, or feedback, then respond to them in the comments and let them know you’re reading what they say.

Approach these situations like you would if someone walked into your office. Treat them with respect and offer honest and thorough answers.

Use Social Media

Your readers are most likely present on social media sites like Facebook, Twitter, Google+, and LinkedIn. Anytime you post something, be sure to promote it through these platforms by creating profiles for your business that you can use to reach additional readers and bring them to your blog and ultimately to your brand.

Final Thoughts

Small businesses can reap huge rewards by starting a blog and using it to leverage their presence on social media, and bring new customers into the fold. Using these topics and tips, small business owners can bring their brand to new prospects in a big way. What tips would you offer new businesses starting a blog? Share your thoughts in the comments below!

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The future of Ireland

The first ‘Future of Ireland’ nationwide study, published today by leading media agency OMD with the support of Ulster Bank, has found that Ireland’s citizens are optimistic about the future and that our values and priorities have significantly changed. Based on conversations with over 1,000 people, the Future of Ireland report asks a series of questions exploring what people believe the future will hold, both for them personally and our country as a whole, in 2025.

The predictions are collated in a research report which is available online at www.futureofireland.ie, with a view to sparking a national conversation about who we want to be in the future and whether our expectations of what will change are welcome or not.

Beliefs, hopes and expectations of Ireland’s citizens today and for ten years’ time

Commenting at today’s launch, Tim Griffiths, Managing Director of OMD said: “The Future of Ireland captures the beliefs, hopes and expectations of Ireland’s citizens today and for ten years’ time. Its findings show that whilst we live in a society that is fast-changing, Ireland’s traditional optimism triumphs, with respondents feeling positive about the future and in control of their destiny. This snapshot of how we feel and what we want for 2015 is a really valuable insight into communities across Ireland and just the starting point for a wider conversation that we look forward to everyone joining.”

Ulster Bank

Paul Stanley, interim Chief Executive of Ulster Bank, said: “Ulster Bank is delighted to have this opportunity to listen to people from across the country talk about what matters to them for the future. Like all businesses, we want to be able to understand our customers and communities better. Listening to the insights from this study will enable us to make a more impactful contribution to society both through our business offering and as part of our commitment to being a responsible member of Ireland’s business community. ”

The main findings from the study include:

We’re a positive nation

There’s an overall feeling of optimism from participants in the study, when it comes to our happiness, wealth and relationships. 44% of us believe we will be our lives to be better in 2025 than we are today, 43% of us expect our family relationships to have improved and 48% of us expect to be in a better financial position. When it comes to happiness, 42% of us expect to be happier, with the top three factors in achieving this identified as free universal healthcare by 52%; work-life balance by 50% and freedom of choice by 49%.

We plan on taking greater control of our own destiny

There’s recognition that if we want something then we need to go for it, rather than waiting passively for the future to happen. Over half of us, 51% intend to learn a new skill that will earn us money and nearly a quarter expect to set up their own business while two thirds of us expect to make new friends and take up new hobbies. Over 1 in 5 expects to sell up and opt for a simpler life and 30% expect to live abroad for a year or more.

A female Taoiseach and Dublin on the wane?

Over half of us, 56% believe Ireland will have its first female Taoiseach by 2025. Whilst the influence of both national and local government is expected to largely stay the same, by 2025, when it comes to traditional institutions, 75% of us expect the influence of the Catholic Church to have declined and over 40% of us expect the influence of Irish media, specifically that of RTE and daily newspapers to decline. Over half of us believe that younger generations will hold greater influence than they currently do while older generations are expected by 33% of us to have less influence. Over half of us, 53% believe that foreign companies will have more influence on our daily lives and countries like Germany and China will become more important.

Alongside this, 58% of us anticipate Dublin becoming less important both commercially and politically compared to other Irish cities. Almost two in five of us, 37% would welcome this development, although perhaps not surprisingly Dubliners were less supportive, with only 22% viewing Dublin becoming comparatively less important as a welcome step.

Town and country will continue to diverge

Although we expect Dublin to be less important, when it comes to bridging the differences between urban and rural Ireland, a majority of us, 60% don’t anticipate this happening. This might have something to do with the fact that over half of us believe Ireland’s main streets will struggle to recover in the next ten years from the combined impact of the recession and increasing online shopping – over 62% of us hold this view. And, we aren’t positive about the future levels of coverage of high speed internet access, with only 31% of us thinking this likely to happen even though 83% of us would welcome it.

The United States of Europe?

Today, 69% of us still think of ourselves as being Irish first and European second and 59% of us are proud of our nation’s achievements. But there is a belief that the things that make Ireland different from other countries are fast disappearing and 40% of us expect that by 2025 Ireland will just be a region of a European super state. Even among the younger generation, where life as a European has always been reality, 41% of under than 25s feel that a sense of Irish distinctiveness is being lost.

One of the drivers of the changing sense of Irishness is the impact of immigration and emigration. Over half of us, 51% expect immigrants to have greater influence in the future and some 38% of people expect that there will be more Irish citizens speaking Polish by 2025 than speaking the Irish language. We also expect those who emigrated from Ireland to stay overseas, with only 21% believing emigrants will be back home by 2025.

Marriage in decline but family bonds stronger than ever

One of the most significant trends emerging is the redefining of the traditional family model. 60% of us believe that marriage will be less important but that doesn’t mean we won’t continue to value our family and relationships. Over half of us (51%) now include friends in our definition of family, along with relatives, rising to 71% of under 25s.

Rather than butting heads with older generations, there’s agreement to disagree. Whilst 53% of us say we have different values to our parents when they were the same age, intergenerational relationships are strong, with 63% of people having a strong sense of openness between parents, children and grandparents. Positively, 43% agree that today, different generations get along better.

Actively managing our health

71% of us expect our health to be either the same or better than it currently is in ten years’ time as it is now, with the unsurprising exception to this being the older generations, with 51% of over 60s, expecting their health to worsen. A majority of all ages, 70% plan on taking greater responsibility for managing their health in the future rather than relying on public health services and over half, 54% would be prepared to wear technology devices to monitor their health if it led to reduced insurance premiums.

As Ireland’s population ages, a majority of people, 78% think it is important to discuss the care of ageing parents with them and whilst 45% would be happy to see elderly people cared for by adult children at home, only 21% think this is likely to happen in 2025.

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How to Set Up a Successful Trade Booth

Trade shows are an excellent place to get the message out about your business and reach potential new customers. But you’re also competing with like-minded businesses who are also trying to do the same as you. You need your booth to stand out in a crowd to attract as many eyes as possible. The following tips will help you boost your trade booth and draw in foot traffic.

Get It Together Before Arriving at the Trade Show

Don’t wait until the last moment to put your booth together, or do it at the show and hope it’s going to work. Bring all the components together long before the show date and have your crew put it together. Taking this step gives you the opportunity to see it as a visitor would. You can tweak, change, remove, and add elements that don’t belong or are missing from the overall presentation at this point. This will include the booth walls, vinyl banners, tables, power strips, boxes of giveaways, lighting, etc. In the end, the design should look seamless and everything should be set up, so that those manning the booth will have easy access to everything they need during the trade show.

Use Interactive Technology

Your product may be the best there is on the market, but if potential customers don’t know what it’s supposed to do, they’re not going to look further. Setting up an interactive display that invites passersby to investigate is a tried-and-true method of making sales. People are naturally curious, and if they can investigate the product to see how it works, they’re more likely to make a purchase. Giving them the opportunity to learn about the product before they buy it helps them make a more informed decision when the time comes to buy. It also makes them more likely to buy from you.

Give Demonstrations of the Product or Service

It’s always better to demonstrate than to tell. Set up a demonstration area for the product and have someone perform an action with the product to show it in its best light. When people are given the ability to see how well a product can do a job, it aids them in making a purchase decision. It also makes them more likely to buy because they already know what the product or service can do.

Hand Out Swag

Everyone does it which raises the bar for swag bags. Promotional items help to sell your product, so you’re going to have to get creative with what you give away. Put your best product sample in the bag along with coupons for future purchases. Pens are always appreciated, especially at trade shows, but make the pens stand out with a unique shape if at all possible. Aim for the highest possible quality that you can as it leaves a lasting impression on the guests who receive your swag bags. If the event is more than one day, make sure you split up the swag into boxes labeled with each day, so you don’t run out of items before the last day.

A trade show booth is what you make of it. The more time and money you invest in it, the better your return in terms of new customers and sales.

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Innovation As The New Normal

Ulster Bank is basing their innovation team in Dogpatchlab. The coolest tech start up space in Dublin. Here is why.

Dogpatchlab

Dogpatch Labs houses some of the IDA’s most promising clients, including many well know tech companies that are scaling operations in Europe for the first time, and Enterprise Ireland backed early stage Irish start-ups. All companies in Dogpatch Labs have potential for high-growth and are looking to create, test, market and deliver scalable world-class technology products and services

CHQ

It is located in the heart of the Dublin Docklands in the historic CHQ Building, it currently spans an area of 13,500 sq ft of space on the ground floor. Very soon that space is nearly doubling with the support of Ulster Bank.

Robin Marshall, CIO Ulster Bank

One of the people behind this is Robin Marshall, the CIO of Ulster Bank. His job is to manage what he call the two speed IT. The enterprise part of the IT and the agile, innovative part. Both are important, but in his view, particular the agile IT is essential for Ulster Bank to stay relevant.

Statement of intent

“The partnership with Dogpatch is one of the main statements of intent to increase the agile IT capability and bring business customers into the process of innovation. Because customers are at the heart of this initiative. it will be a combination of making space available, bringing in the capabilities and access to events. The aim is to improve customer experience, which means it does not all need to be bing bang, it can be incremental improvement too. Above all we try to keep it simple”.

Innovation as the new normal

“Innovation has to become the new normal for Ulster Bank, which means that everyone, staff, clients and stakeholders need to get involved. It is not a static process or a project, it is constant movement and it is culture”.

“I think innovation has to become the new normal for most business and I am sure we can learn from each other. I am looking forward to it”

Engage!

If you want to engage with Ulster Bank, contact ron@smallbusinesscan.com. He will point you in the right direction. Or feel free to drop into Dogpatchlab. We will be there.

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Monthly Archives: November 2015