31 Oct 2017 | 09.39 am
What Is The Cube In Roscommon?
One stop shop for entrepreneurs developed by WestBIC
31 Oct 2017 | 09.39 am
WestBIC has partnered with Roscommon County Council in developing The Cube Roscommon, a one-stop shop for entrepreneurs
Back in the early 1980s, EU Business and Innovation Centres were designed and deployed by the European Commission. They were envisaged as regional development instruments to boost indigenous job creation in regions suffering from a lack of such opportunities or the Partnerships in place at regional level to respond to the challenges of job creation, brain drain etc.
More than 30 years on, regional development is back as a hot conversation topic. Taking a proactive approach to real regional development from the prospective client’s point of view during the past three decades, the WestBIC Board has deployed its lean resource as a truly ‘distributed service’. It operates seven regional contact points, where clients can meet an experienced executive and access the EU- accredited WestBIC services from Inishowen to Galway Bay.
Modern Incubation Facilities
These include three modern, well-networked incubation facilities and related soft supports in Donegal, Sligo, Roscommon, Mayo and Galway. WestBIC and its partner, Roscommon County Council, recently launched a new incubation facility as part of that portfolio and network. The Cube Roscommon, the first of its kind located in a local authority civic HQ, is a one-stop shop for the entrepreneurs of this sub-region, with the LEO services also located there.
Launching the new centre, Nigel Dineen, Leas Cathaoirleach of Roscommon County Council, spoke about the proactive nature of the Council working in partnership with other organisations and the importance of developing facilities to attract the next generation of innovative enterprises.
The facility will be managed by WestBIC, which also provides investor-grade business planning, access to startup and growth capital, as well as high-standard international networking opportunities. As in the case of many European models, WestBIC also assists the municipality with its strategic and innovation planning, EU programme delivery and international partnering needs.
James Donlon, WestBIC Regional Manager, spoke about the collaboration between Roscommon County Council and WestBIC. “WestBIC has an ongoing partnership with the Council since 1993, which has gone from strength to strength through many collaborative projects aimed at supporting economic development and innovative enterprises in the county,” he explained.
Dr Chris Coughlan, the WestBIC Chair, described The Cube as another step in fostering and retaining our best entrepreneurs in the county, especially graduates who often have to leave in search of work opportunities or the necessary infrastructure to assist them to establish their own businesses.
Dr Coughlan added: “In its current Strategic Plan, WestBIC is committed to working with several stakeholders to drive investment in the development of incubation and enterprise infrastructure as a key component to building a sustainable innovation ecosystem. Some sub-regions are not participating adequately in this development, and as an EU BIC with a mandate from government, we will continue to do our share to redress this deficit along with our long-term partners.”
In times of scarce public sector resources, partnership is a practical approach to building out and deploying enterprise- enabling infrastructure as the key to job creation in a regional development context. It facilitates a sharing of costs and overheads, building competitive advantages and leveraging relationships and resources to serve the market over the longer term, anchoring SMEs that can grow.
Galway Technology Centre, Mervue Business Park, Galway
Tel: 091 730 850
Photo: Pictured at the launch of The Cube Roscommon were (left to right) Eugene Cummins, Roscommon County Council; Dr Chris Coughlan, WestBIC; James Donlon, WestBIC; and Nigel Dineen, Leas Cathaoirleach, Roscommon County Council