Ludgate Hub calls for Expressions of Interest for share of a €300,000 ‘Ludgate Seed Capital Fund’

ludgate

Posted on: 9th May, 2016

Category: Headlines

Contributor: West Cork People

Above: Sean O’Driscoll, Chairman and CEO of Glen Dimplex and investor of the fund

A €300,000 Ludgate Seed Capital fund, aimed at companies who locate in The Ludgate Hub in Skibbereen, is currently calling on entrepreneurs to register interest in the fund by May 20, 2016. The fund is designed to support start-up and early stage companies with job creation potential. The Ludgate Seed fund is joint-funded by Gain Line Capital Investments Limited and the Sean and Rose O’Driscoll Family Investment Fund, and was announced during the hugely successful National Digital Week in November of last year.

The Ludgate Hub is set in Skibbereen at the heart of scenic West Cork and offers an alternative space for start-ups and early stage companies to work from. Tenants of the hub will experience one of the fastest internet connections in the country powered by an uncontested 1000MB SIRO connection with Vodafone being the business provider. The refurbished Old Bakery building, which will be renamed The Ludgate Hub, was made available for the initiative by local businessman John Field and is due to officially open in Spring 2016. The 10,000 sq ft co-working space is the first of its kind in a non-urban area in Ireland and has already attracted a wealth of digital innovators, start-ups and those working in creative industries.

Maurice Healy, CEO of The Healy Group and investor of the fund said, “It has been great to be involved from the grassroots with Ludgate. It really is a amazing initiative that will give young businesses a great start. This is very close to my heart as the Hub is in my home town and myself and my family are really looking forward to working with the next generation of entrepreneurs, with exciting times ahead”.

The seed fund comes at a welcome time for entrepreneurs, as 2015 saw a significant decline in availability of seed finance. According to the Irish Venture Capital Association, the amount raised by seed funds in Ireland last year was €43.8 million, down from €66.8 million in 2014. In 2015, seed funding accounted for eight per cent of the overall €522 million raised through venture capital.

Sean O’Driscoll, Chairman and CEO of Glen Dimplex and investor of the fund added “For decades rural Ireland has been neglected. Over the last decade many towns and villages in West Cork have been devastated. The Ludgate Digital Hub combined with the arrival of 1,000MBps of broadband to Skibbereen opens up enormous new opportunities for West Cork. This new Digital age will make the impossible possible and consign geographic disadvantages to history and reinvigorate West Cork”.

All expressions of interest are encouraged to pitch for a share of this fund, by demonstrating how the fund could support job creation or retention. Interested parties can find out more information by visiting www.ludgate.ie/seed-funding/ or email investments@ludgate.ie by 5pm, Friday, May 20 2016.

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11th October, 2017  ·  

Submarines, American Sailors, and the Underwater War in Irish Waters, 1917-1918
by Dr John Borgonovo in The Parish Centre, Clonakilty
on Thursday Oct 26 2017 at 8.30 pm

In 1917, unrestricted submarine warfare by German U-boats brought the United States into WWI and created a crisis in Britain. To defeat the submarine menace, an American naval fleet was dispatched to County Cork, bringing about 10,000 sailors with it. This talk will explain the circumstances of this extraordinary event, and how Cork residents dealt with their unexpected American guests.

Dr John Borgonovo is a lecturer in the School of History at UCC. His publications include Spies, Informers, and the 'Anti-Sinn Féin' Society: The Intelligence War in Cork City, 1920-1921; The Dynamics of War and Revolution: Cork City, 1916-1918; Exercising a close vigilance over their daughters: Cork women, American sailors, and Catholic vigilantes, 1917-18; Something in the Nature of a Massacre: The Bandon Valley Killings Revisited (with Andy Bielenberg). His latest publication (with co-authors John Crowley, Donal Ó Drisceoil and Mike Murphy) is the highly acclaimed and magnificient Atlas of the Irish Revolution. In July of this year, he organised a very successful conference on Winning the Western Approaches - Unrestricted Submarine Warfare and the US Navy in Ireland 1917-1918.
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11th October, 2017  ·  

Apple Juicing Day in Clonakilty next Sunday Sept 30th. All welcome to bring their apples from 2-6pm to the Clonakilty Community Garden (on entrance road to Clonakilty Lodge).

Building on the success of its inaugural 2016 event, local voluntary environmental organisation Sustainable Clonakilty invites people to bring along their apples and press them to extract their own juice to take home, using the group's Apple Press.

Volunteers will be at hand to assist in the procedure. Bring along your apples washed; clean containers to freeze your juice (milk/juice bottles or cartons, plastic bottles with caps); clean, sterilised glass bottles to pasteurise with swing caps or suitable for 26 mm diameter metal cap.

A limited number of new 3 litres juice bags that are suitable for freezing and pasteurising, can be purchased for a nominal fee on the day also.

This is a free community event and donations will be welcome to cover costs.

For further information, please contact Xavier at xavierdubuisson@gmail.com or text at 086/0476124.
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