Industry & Business

Phase Two Extension of ‘The Mill’ Enterprise Hub Opens in Drogheda

 Breaking News
  • Largest Ever European Investment Bank Support in Ireland The European Investment Bank is to provide a loan of €490 million to support construction of the new children’s hospital in Dublin. This represents the largest ever financial engagement by the European Union’s long-term lending institution in Ireland and the EIB’s first backing for a hospital in the country. The new children’s hospital project includes two [...]...
  • Strabane Manufacturer to Invest Over £7 Million in Ambitious Expansion Strabane-based Fabplus is planning to more than double its workforce and turnover with support from Invest Northern Ireland. The investment is part of a three year expansion plan to increase its market share in the Republic of Ireland and Great Britain, and gain a foothold in mainland Europe and Scandinavia. Recruitment is underway to employ 83 additional staff at [...]...
  • PM Group Appoints a New Non-Executive Director Michael McNicholas has been appointed as a Non-Executive Director of Project Management Holdings (PM Group), the Irish headquartered international project delivery specialists. Michael McNicholas. Michael has over 35 years’ experience in senior leadership positions in the public and private sectors. He is the former CEO of Ervia, NTR plc and Managing Director of ESB International.  During his [...]...
  • Center Parcs Signs Contract With John Sisk & Son As construction activity on the much anticipated €233 million Center Parcs Longford Forest resort in County Longford ramps up, the company has announced it has formally awarded two major construction contracts to Dublin-based construction firm John Sisk & Son. The contracts for the construction of the 470 lodges and 30 apartments as well as the state-of-the-art centre [...]...
  • Medi-Shower Invests in Innovation to Drive Export Growth Multi-award-winning manufacturer Medi-Shower has created ‘smart showerhead’ technology which can reduce the risk of Legionnaires disease. The cutting edge product, developed with R&D support from Invest Northern Ireland is designed to meet the high requirements for hygiene within the healthcare sector. It reduces the risk of waterborne infection from bacteria that can build up due to poor design [...]...

Phase Two Extension of ‘The Mill’ Enterprise Hub Opens in Drogheda

Phase Two Extension of ‘The Mill’ Enterprise Hub Opens in Drogheda
February 16
11:40 2017

The Minister for Small Business, Pat Breen, officially opened the Phase two extension of The Mill in Drogheda, County Louth, on Thursday. The Enterprise Hub was named The ‘Mill’ in recognition of Drogheda’s proud commercial and industrial heritage dating back to the early 1800’s, but is now staking it’s claim as one of the leading innovation and technology centres in Ireland. The technological needs of local companies will be met by SIRO, who have announced that it has delivered one Gigabit connectivity to The Mill.

The extension of The Mill is a positive declaration of Drogheda’s commercial flair, and of the serious intention to develop entrepreneurship within the region. Over it’s short existence of three years, The Mill has been at the forefront of developing new programmes to support entrepreneurship in the North-East region including the proposed M1Payments Corridor to support Fintech companies, the Illuminate programme for female entrepreneurs, the Drogheda Young Innovators to support innovations amongst second level students, and the FoodTech initiative to develop companies providing IT and professional services to the Agri-Food industries.

Breen commended The Mills services and activity to date, saying: “The facilities here are exemplary, and the fact that it’s almost fully occupied is a testament to the entrepreneurial spirit in the region. A vibrant small businesses sector is vital to successful economic sustainability, and I can see that The Mill is successfully addressing the practical, training, and mentoring needs of it’s ‘Millers'”.

Already home to over twenty businesses, The Mill provides a base for seventy full-time employees from sole traders to small FDIs establishing EU bases. The companies operate in myriad business sectors, and are availing of modern office facilities, state of the art technology, hot-desks, and a number of networking and training opportunities.

Co-Chair of The Mill Enterprise Centre, Alan Costello, said: “This opening is a vindication of an idea that circulated for a number of years, and would not have been possible without the support of funders such as CRH, State Street, Coca-Cola International Services, Enterprise Ireland, Louth County Council, REDZ funding, and a plethora of other supporters. This support is also evident in our corporate partnerships that offer support for our various programmes. Drogheda and it’s environs has always had a great community spirit and this is evident with the financial support we received from SMEs and locally-based Multinationals”. Private sector funding has proven to be vital to the project with over €350,000 coming from private donations and local companies.

The Mill has recalled Drogheda’s proud commercial tradition by naming each office suite after a local 19th or 20th century enterprise, for example Casey’s Brewery, The Linen Hall, and Preston Distillery.

About Author

editor

editor

Related Articles






New Subscriber





Subscribe Here



Advertisements
































National Manufacturing Conference & Exhibition 2016

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4