Master slides fingal mayor’s economic conference

fingal.ie
Comhairle Contae Fhine Gall
Fingal County Council
Fingal Mayor’s Economic Conference
Working Together for Success
Wednesday 16th April 2014
Crowne Plaza Hotel, Blanchardstown, Dublin 15
Wifi Code: tifcohotels2014
Twitter: #FMEC14 @FingalCoCo
Hosted by
Mayor Cllr. Kieran Dennison

Fingal County Council fingal.ie
Welcome & Introduction
M.C. Ethna Felten
Director of Economic Development

Be part of the conference conversation on Twitter: #FMEC14
Fingal: Economic Development Services
MC Ethna Felten
Director of Economic
Development Services

Be part of the conference
conversation on Twitter:
#FMEC14

Fingal: Our Economic Development Team

Working Together for
Success
@kierandennison

Our Evolving Vision for
Economic Success
County Manager Paul Reid
@FingalCoCo

The Private, Public and Not for Profits sectors each have
key roles to play in economic and social development
Private Sector Not for Profit SectorPublic Sector
Working Together for SuccessWorking Together for Success

1. Set out the “environmental
scan”
2. Outline a process of
collaboration
3. Share the goals I‟m setting
for Fingal‟s management
and staff
My 3 key objectives from today‟s presentation

The Irish macroeconomic position is improving
Strong and consistent
indicators of economic
stability and growth

We have a young, growing, well educated and diverse
population
Need to leverage the
advantages of our
demographics
Getting more people back to
work has to be a priority

We have a strong, diverse and vibrant business base
Business is demonstrating
positive sentiment on the
outlook ahead

Our current and future development plan will be
focused on supporting economic and social growth
A good stock of well zoned
land to support investment,
business and economic
development
County Development Plan

We are committed to a strong
and continued process of
collaboration in developing
the strategy
The strategy will be developed through engagement
with our key stakeholders

The Local Government Act of 2014 supports a focus
on economic development
Dedicated Strategic Policy
Committee and ongoing
collaboration

Utilising all available expertise
to support our plan
We will engage with key sources to support a strong
economic development plan

Our economic strategy must
address a wide range of
challenges and harvest some
real opportunities
There are some issues that we will need to address
in both the “economic” and the “development” plans

And finally…3 goals I‟m setting for Fingal
1. Fingal is the best council
on economic growth and
social development
2. We deliver quality
services and are
respected for our
customer service ethos
3. We have a highly engaged
and renewed workforce
committed to our strategy
& knowing their role in it

Closing Comments

A New Era in
Enterprise Support
Oisín Geoghegan
Head of Local Enterprise

Oifig fiontair Áitiúil Fine Gall
Local Enterprise Office Fingal
__________
A New Era in
Enterprise Support
Oisin Geoghegan
Head of Local Enterprise – Fingal

Quote to appear in Calibri 30pt
Changed to:
Yesterday, 15th April 2014

What is the Local Enterprise Office?
First Stop Shop
for
Enterprise Supports

Quote to appear in Calibri 30ptBrings together the resources of:
the local business knowledge and experience of:
and the integrated support of:
To provide a complete business support service to you!

What can you expect from LEO Fingal?

All of the services previously provided by
are now available from

Local Authority staff will enable you to access
information on:
Access to business incubation units / enterprise space;
˃Rates; ˃Planning; ˃Licensing; ˃Cost reductions;
˃Waste conservation; ˃Access to government services;
˃Public procurement processes; ˃energy efficiency;
etc.
and

Available locally from LEO Fingal:
Start Your Own Business programme

Cultivating Entrepreneurs:
BIGGEST Student Enterprise Programme in Ireland…!

Business Networking Opportunities

Mentoring

Management Development

Management Development Workshops

• LEO “ACCELERATE” programme (6 months)
• PLATO programme (12 months)
Structured Management Development
Programmes

Sectoral Collaborative Initiatives:
e.g. Dublin Food Chain & Food Academy Start

Other initiatives
Ideas Generation Workshops
Social Media in your business

LEO Fingal
Coming soon....
Business Networks

LEO Fingal
Coming soon.... €2,500 Online Vouchers to help
you trade online

LEO Fingal
Coming soon.... First-time Exporter incentives

6th to 10th October 2014

Fingal: An Enviable
Economic Environment
Susan Hayes,
Economist, Hayes Culleton
@SusanHayes_

Fingal:
An Enviable Economic Environment
Susan HayesCulleton
“The Positive Economist”
Hayes Culleton ©

Susan HayesCulleton
Managing Director,
Hayes Culleton Ltd
We speak, write and train
about the financial
markets, economics and
entrepreneurship with
corporates and
organisations,
Hayes Culleton ©

Branding to Whom?
Source: Fingal, An Economic Profile

What lies ahead?
Source: Fingal, An Economic Profile

International money...
IRISH
DIASPORA

European Funding
Resource: ec.europa.eu/education/erasmus-for-all/Source: http://www.erasmus-
entrepreneurs.eu/ Hayes Culleton ©

Blog: www.thepositiveeconomist.com
Hayes Culleton ©

“The best way to predict the future...
is to create it.”
Peter Drucker
Hayes Culleton ©
susan@hayesculleton.com
www.savvywomenonline.com
@SusanHayes_

Refreshments
Tweet: #FMEC14
Facebook: facebook.com/fingalcoco
Twitter: @FingalCoCo
Wifi: tifcohotels2014

How Fingal Data Can Set
Your Business Apart
Dominic Byrne & Ciarán Staunton
Fingal Data
@Fingal_Data_Hub

Fingal
60

Fingal
• Est. 1994
• 3rd Largest
• Youngest
• Fast Growing
61

Rapid Population Growth
62
273997
239992
196413
167413
152766
138473
114951
1981 1986 1991 1996 2002 2006 2011

Households with PC
63

Households with Broadband
64

Fingal Data Hub
65
http://fdb.ie/fingaldatahub

Data Visualisation
66

Open Data
67

What is Open Data?
• Public Data
• Open Formats
• Machine Readable
• Accessible
http://www.flickr.com/photos/mag3737/1914076277/

Why Open Data?
• Transparency
• Participation
• Collaboration
• Economic Opportunities
http://www.flickr.com/photos/aerosolhalos/5134485529/

Fingal Open Data
http://data.fingal.ie

Dublinked
http://dublinked.ie

Innovation Network
dublinked@nuim.ie

Re-use
74

Apps and Services
A Day Out in
Fingal
Dublin
Parking
Fingal Traffic
View
Visit
Fingal
Hit The Road : Fingal mypp.ie
Discover
Fingal
SPUD
Castle
Master

Dublinked Competition
http://dublinked.ie
€2,000 in prizes
Closing date - 7th May, 2014

Code for Ireland
http://www.codeforireland.com

Business Locator App
http://www.codeforireland.com

Data Analytics
79

Knowledge Management

Data Analytics Unit
• 6 month pilot
• Cross-Departmental Part-
Time Team
• Economic Profile of Fingal
• Potential Synergies
• Evidence base for
decision making
• Data driven operations
81
http://www.flickr.com/photos/mikelomonosov/4431770374/

Ideas for Developing Data
Services
82

Ideas Seminar
http://www.flickr.com/photos/nirak/644335254/

Ideas Seminar
Specific Data
Analysis unique
for Businesses
General
Market
intelligence
of Fingal
Connect
Business to
Business

Connecting Business to
Business with Data
85

Rationale: Connecting
Business to Business
• Visibility of the neighbouring companies
and a contact point
• Knowing what else is in the Local
Economy
• More partnering or subcontracting
between Multinationals and local Small
and Medium Enterprises

Business
Records
• Aliases
• Changes of
address
• Closures
• Re-naming
rebranding
• Non-rateable
companies
• Activity codes
NACE

General Market Intelligence

Fingal County Council fingal.ie 89
• Getting good information on Fingal is a
challenge
• Some Fingal Data is available but there
is no “narrative”
• There is no packaged information that
could, for example, encourage someone
to invest here
Rationale:
Market Intelligence

Specific Data Analysis

Rationale:
Specific Data Analysis
• Businesses have unique needs with data
• The Council has large data resources
and experts to help
• This service could be linked to other
support agencies
92
http://www.flickr.com/photos/mikelomonosov/4431770374/

Expanded Data Analytics
• Currently reviewing the
pilot
• Considering the feedback
from Ideas seminar
• Scope of the service
needs to be determined
• Requests for this service
are not entirely new
93

Next steps
http://www.flickr.com/photos/regi_a/4686464716/
• Publish a business directory with all
businesses listed and activities coded
 Licencing
 Challenge process
 Interface
• Fingal Data Hub and Fingal Open Data
consolidated and expanded
 Narrative
 Link to regional/national innovation
• Data Analytics Service
 Scope of the service
 Promotion of the service

Additional Offerings
http://www.flickr.com/photos/heylen/4310529876/
• Advice on Technology or Data
• Towards a Digital Strategy

Comhairle Contae Fhine Gall
Fingal Data & Analytics
How Fingal Data can set your business apart
Seminar : Fingal Mayors Economic Conference
Crowne Plaza Hotel Blanchardstown. 16th April 2014
Dominic Byrne Ciaran Staunton
@dominic _ _ byrne @CiaranStaunton

Fingal Business Ideas
Forum Outcomes
Rachel Lindsay
Economic Development Services
@FingalCoCo

Business Ideas Seminar
Monday 12th March 2014

Background
Putting
People
First
Action
Plan
for jobs
Fingal
Action
plan
Business
Ideas Forum

Background
• Government Policy
• Economic Development Action Plan 2014 -2017
• The Plan‟s actions demonstrate how much we as a local
Authority embrace this new enhanced role as drivers of
Economic Development
• Local Authority has New and Enhanced Role as Leaders
and Co-ordinators of Economic Development

Background
• We have engaged with business in the past
BUT
• Now need increasingly collaborative & strategic
approach to our relationship with Business

Business Ideas Forum
• Purpose in hosting the Business Ideas Forum was to
announce our new role as leaders of Economic
Development and to begin the process of enhanced
engagement with the business community.
• Get new and innovative ideas from business –how to
support new and existing business and create
employment

Getting the Audience right:
Target Guestlist
Organisation Size, Industry, Location,
Needed to ensure balance and diversity.
Attendance:
17 MNC plus FCEB & Fingal Chamber
34 SME plus FCEB & Fingal Chamber

ATTENDANCE … just some of our MNC participants

ATTENDANCE … a selection of our SME participants

Facilitated brainstorming workshops
Groups of 8-10 people.
Brainstorming sessions conducted under certain rules and
parameters:
• No scope for discussion around Rates reductions,
• Major infrastructural works could not be undertaken as initiatives of
the process
• The council could not overlap with funding or services already
being provided by other State Agencies.

Brain
storming
Quality and
quantity
Positive Build on
ideas
Not
restricted to
own sector

Process
• Observation : highly engaged participants
• Very productive sessions
• Lots of suggestions with common themes
• Top 3 ideas each group in an open forum session

After the Forum
Dept. Name
Categories
• Leadership
• Strategic Planning
• Investment
• Communications
• Marketing
• Food
• Education
• Tourism, Arts,
Culture & Heritage
• Data & Information
• Administration,
Process and
Procedure
• Education

Ideas
• Insight/overview
• Examples only
• All ideas currently in evaluation phase

Ideas: Short term
• Develop business-business database to help local companies do business
with each other
• Use Fingal‟s existing contacts with Chengdu to attract Chinese small to
medium enterprise to set up in Fingal area
• Develop an “Invest Fingal” strategy to encourage foreign direct investment
• Create showcase opportunities and/or events for local SME‟s to sell to
MNC‟s and large organisations in Fingal
• Improve signage for towns and villages across the region
• Develop a website to create links between employers and citizens to
promote jobs available in Fingal

Ideas: Medium Term
• Promote Fingal as a Film and TV location destination
• Develop a Fingal App; Live/Work/Invest/Visit
• Examine how user friendly Fingal Co Co services are for business
• Develop a Fingal Tourist Trail
• Facilitate businesses to develop a scheme to adopt and mentor a
student during college to enhance their work prospects at
graduation
• Fingal Food Trail –locals and visitors see food produced in Fingal
and meet the growers. Tie in with restaurants menus (Fingal Food
Menus)

Ideas : Long Term
• Examine the feasibility of making Fingal a Global
Disaster Recovery Hub
• Examine the feasibility of an Air-Sea port in
Malahide
• Examine Intern Strategy
• Investigate whether Fingal could be established as
a global centre of excellence for compliance
• Land bank strategy for economic Regeneration

Ideas Evaluation
Each idea will be critically evaluated under a number of headings:
FEASIBILITY: How practical is it to implement the idea?
JOBS: Potential for Job Creation.
TIME: Timescale required for delivery.
RESOURCES: Availability of the required resources and skills.
IMPACT: What impact will this project have?

What Can we do now?
However there are ways we can enhance our
services to clients:
1. Respond to requests for assistance from business quickly and
effectively
2. Act as facilitators to empower the business community to deliver
some projects directly
3. Establish credible, regular communication with the business
community
4. Demonstrate leadership and work in partnership with the business
community for the economic and social benefit of the entire region

Outcomes
Stage 1:
Consultation
Stage 2:
Evaluation
Stage 3:
Implementation

Outcomes
•.
Delivered the message that we work in partnership with business.
Delivered the message that we work in partnership with business
Developed potential partners in future plans or ideas.
Demonstrated willingness to listen and engage with our clients, our rate payers
Made our intention to lead the economic development of the county
known to other major stakeholders
Opened lines of communication
By actively engaging and consulting the business community
in this process Fingal County Council have:

Primary Findings
Fingal County Council were not only mandated by the
business community, large and small, to lead the
economic development of Fingal but that they were also
trusted to do so
Business community recognised that the power,
resources and leadership comes from within the Local
Authority and that they were ready and willing to be part
of it by providing support , ideas and action in their
sectors or communities
Potential for mutually beneficial relationship

Economic Development Team

Dublin’s New Northwest
Enterprise Zone
Nicholas O’Kane
Planning Department

121

Dublin 15 Enterprise Zone
A Prime Location
A Proven Location
A Progressive Location

A Prime Location

A Key National Economic Asset
1571 hectares 16,920 employees
20 individual Business Parks 1,095 business premises
779 premises occupied 316 unoccupied
1.18 million sqm 716.5 ha undeveloped zoned
& serviced land available

Exceptional Location
Exceptionally well served by road, sea and air transport
Dublin Airport 8km - c. 15 minutes
Dublin Port 10km - c. 25 minutes
Bound by M50, M3 and M2
High capacity distributor roads with cycleways
5 separate Dublin Bus routes

Significant Investment
Roads Water
Foul Electricity
Gas Telecommunications
Broadband
Evidence 779 businesses are currently operating
Investment focused on undeveloped zoned land

Significant Investment
M2/N3 link road opened 2013
21 million euro
All services provided
Opened up 240 hectares of zoned land
Pallas foods – 32,000sqm facility

Community
Blanchardstown, a suburb of Dublin
100,000 population
100,000sqm retail, 3 hotels, theatre, cinema, restaurants
Local retailing - Tyrrelstown, Mulhuddart and Corduff
An extensive housing stock to meet all needs
Amenities – parks, national sports campus, golf courses

Education
Institute of Technology Blanchardstown
Trinity College Dublin, University College Dublin, Dublin
City University, National College of Ireland
Young, talented, professional population
High quality graduates from Irish universities
Foreign talent basing itself in Dublin

Dept. Name

A Proven Location

Survey
Surveyed every building in the Zone
Survey carried out between Feb 2013 and Aug 2013
1095 survey sheets filled out, one for each premises
Talked directly to c. 700 businesses
Information sought: building floor area building use
employee numbers signage
general comments

Key Industries
number of employees by use
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
1
office
industry
warehousing
other

floor area by use in sqm
0
50000
100000
150000
200000
250000
300000
350000
1
office
industry
warehousing
other
vacant

Sqm per Persons per Use:
Office, R&D, High Tech: 21.5sqm per person
Industrial: 81sqm per person
Warehousing : 103sqm per person

Top 20 Companies
IBM Paypal
Symantec Xerox
Wincanton Kepak
Supervalu Bristol Myers Squibb
Tech Group Masterlink
Rottapharm Helsinn Birex Pharma
Coca Cola HBC Viking Direct
Alcatel Lucent Ipsen
BCW Covidien
Perigord Pallas
Total 8641 employees

Top 20 represent over 50% of total employment
17 of top 20 businesses are Foreign Direct Investment
FDI companies represent over 50% of total employment
Indigenous businesses key component
Average number of employees per business = 21 persons
per top 20 = 432 persons
per business (excluding top 20) = 10.7 persons

Clustering
Pharmaceutical Neighbours:
The Tech Group Rottapharm
Helsinn Birex Pharma Ipsen
Covidien Astellas
Bristol Myers Squibb

Clustering
R&D, High Tech. Office and Advanced Manu Neighbours:
IBM Paypal
Symantec Xerox
Alcatel Lucent Perigord
Digiweb Synopsys
Innalabs Guidewire

Land Availability
LAND USE
TOTAL
(HECTARES)
AVAILABLE
DEVELOPMENT
LAND
HEAVY
INDUSTRY 151 98.65
GENERAL
EMPLOYMENT 858.6 477.8
HIGH
TECHNOLOGY 346 140.05
TOTAL 1355.6 716.5
Land Availability

Property Availability
316 units available (29% of the total units)
212,529 sqm of floor space currently not in use (18% of
total floor area)

number of businesses by use
0
50
100
150
200
250
300
350
1
office
industry
warehousing
other
vacant

employee numbers by estate
0
500
1000
1500
2000
2500
3000
3500
4000
4500
1
damastown
ballycoolin
rosemount
corporate park 1
nwbp1
corporate park 2
stadium
business & tech park
millenium
college business campus
orion
nwbp3
nwbp4
base
nwbp2
plato
other

Existing Businesses Parks
Dept. Name
Existing Business Parks

Planning
Fingal Development Plan 2011-2017
Within Last Year Alexion Pharma Pallas
IBM Symantec
Rottapharm Tech Group
All granted within 8 weeks – none appealed

Testimonial – IBM Ireland
"Like the leaders who run businesses and shape industries, citizens
want to be surrounded by innovations and technologies that bring
transformation and offer real progress. Which is why, our location in
Mulhuddart is helping IBM to bring more collaborative working
relationships across businesses, and industries, by drawing in this ever
more active engaged citizenry in Fingal who are working to
make this region smarter."
Dept. Name

Testimonial - Symantec
“Symantec's operations in Ballycoolin have grown and changed with the
evolution of the company, but all through the process Fingal County
Council have been a trusted partner. Symantec's presence has evolved
from a manufacturing facility to one of our key office locations, and as
the headcount has increased, FCC have provided support and
guidance along the way.
The reasons Symantec came to Ballycoolin remain valid - the
location, the workforce, the proximity to airport and city, and the
infrastructure has continued to improve, but what has emerged as
a key reason for being here is the supportive environment, led by
the local authority”

Business Feedback
Improved Directional Signage and Corporate Signage
Environmental Improvements
Additional Services/Facilities

A Progressive Location

A Key National Economic Asset
One of the largest employment zones in Ireland
Significant investment over previous 20 years
Coordinated strategic approach to build on success
Bringing 20 individual business parks together to become
one enterprise zone

Branding, Promotion and Marketing
Branding corporate name and logo
Website interactive map
testimonials
upload details of unoccupied units
Brochure similar to website

Management
Directional Signage
Corporate Signage
Environmental Improvements

Other Uses:
Retail/Showrooms 606
Educational 414
Community 146
Medical 18
Recreational 18
Blanchardstown Employment Study

Future Planning and Development
Landownership FCC become significant landowner.
Companies like doing business with
LA as landowner.
11 of top 20 companies on FCC/IDA land
Services Need for additional facilities in the
area

Recommendations
Blanchardstown Employment Study

Future Planning and Development
SDZ Certainty
Fast track development
Strategic approach
All agency involvement
Legibility Landmark Buildings at prominent
locations

Accessibility √
Infrastructure and Services √
Company Presence √
Clustering √
Community and Population √
Lifestyle and Leisure √
Property Availability √
Land Availability √
Education and Skills √
Housing √
Planning √
Dublin 15 Enterprise Zone – Why Invest?

Developing an Entrepreneurial
Ecosystem is Everyone’s
Responsibility
Prof. Tom Cooney
Prof. of Entrepreneurship
Dublin Institute of Technology
@thomasmcooney

Building an Entrepreneurial
Ecosystem in Fingal
 More new firms?
 More firms?
 Better firms?
 Fewer firm failures?
 More jobs?
 Less unemployment?
 Higher productivity?
 Overcoming disadvantage for groups?

Two Key Choices
1.More (new) firms or „better‟ firms?
2.Delivery via Micro or Macro policies

Choice 1
 More (new) firms
 „Better‟ firms

General Firm Creation Policies
 For
 Higher levels of firm (and job) churning is associated with
subsequent increases in net job growth and productivity
increases
 New (not small) firms are one major source of jobs (some for
short periods of time, some for longer).
 Some firms grow (creating jobs) by expanding the economy,
others by driving out competitors leading to off-setting job
losses with less net job creation
 Against
 Promoting firm creation is a waste of resources – 2/3rds die in
six years and <1% of new firms have >20 employees after 5
years.
 It encourages optimistic but poorly resourced individuals to
take a risk and in many cases make their own position worse
 The link between general firm creation rates and economic
development remains opaque

„Better‟ Firms
 For
 Significant job creation takes place in only a tiny proportion of
firms
 It is the gazelles that transform an economy by changing the
economic and competitive landscape
 Business Support programmes that are selective are
successful – Business Links (UK), Vigo Accelerators (Finland)
 There are too many businesses for everyone to be helped
 Against
 Selecting the businesses to support is very difficult
 The VC sector gets most of its investments „wrong‟ – but
makes its money from the extreme successes
 It is too politically risky for governments to have this form of
payoff
 Delivering selective policies is really tricky - Denmark

Choice 2
Delivery via:
 Micro policies
 Macro policies

Micro Policies
 For
 Every developed country has them
 Information, training, advice, access to finance, public procurement,
export support
 SMEs expect this form of support on the grounds that governments
also help large firms (even more!)
 Self-report data indicates those using this support find it helpful.
 It can be targeted at specific types of firms [high tech?] or owners
[females?] or locations [areas of deprivation?]
 Against
 Careful evaluation studies assessing whether the assistance influences
the performance of the assisted firms point to very weak and
sometimes no impact
 Delivering micro policies requires a substantial bureaucracy and an
enlightened and well-informed political system
 It can be very expensive
 Impact is only apparent in the medium term
 Most of the public expenditure is not on micro policies

Macro Examples
 Sweden/ Denmark: change the tax and benefits
system and facilitate immigration
 MENA: Get more females into enterprise
 Mexico: open up the finance markets and reduce
state role
 New Zealand: High speed broadband in rural
areas
 Many low/middle income countries: telephones;
water supply; transport

What Policies Seem to Work?
 Varies by „problem‟ being addressed
 Varies by country and region
 Varies by assessment method used
 Varies with macro-economic circumstances
 Varies with level of economic development
 So, no „one size fits all‟
 BUT Macro policies seem to have clearer impacts
than micro policies

Where is the Jury Still Out?
 Policies to improve access to finance
 Policies to change „attitudes‟
 Policies to encourage SMEs to provide more
workforce training
 Policies to provide firms or individuals with „advice‟

Resulting Outcomes
 New and small firms can contribute to economic welfare and
development
 Governments / Councils can contribute to / or reduce that
contribution
 The effectiveness of policies depends on the circumstances
of the region
 Very broadly there seems clearer evidence of the impact of
macro policies – regulation, tax, macro-environment,
competition, policy delivery
 Less evidence of impact of micro policies on access to
finance, advice, training or cultural change
 This suggests that little can be done at local level that will
impact greatly upon the entrepreneurial ecosystem

Building From the Ground Up
 Entrepreneurs must lead
the start-up community
 The leaders must have a
long-term commitment
 The start-up community
must be inclusive of
anyone who wants to
participate in it
 The start-up community
must have continual
activities that engage the
entire entrepreneurial stack
 www.youtube.com/watch?v=zXD5vt
0xhyI
 See http://startupireland.ie/

Recommendations by „Entrepreneurship
Forum‟
That Could be Adopted in Fingal
 Introduce a Register for volunteer entrepreneurs who would be willing to visit schools to engage
with students at local level.
 Develop a registry and process for „Office Hours‟ to facilitate entrepreneurship mentoring (peer-to-
peer mentoring is hugely effective).
 Establish volunteer peer-mentoring initiatives, organised and facilitated by individuals,
entrepreneurs, and industry representative groups. Programme support to be geared toward
enhancing a collaborative start-up community and „give before you get‟ culture.
 As part of an entrepreneurship cultural awareness campaign, create „entrepreneur heroes‟ which
highlight and celebrate role models inclusive of the under-represented profiles
(female/youth/immigrants etc.) as well as the represented profiles.
 Agencies to facilitate an initiative among large companies to allow staff to volunteer to go into start-
ups, giving specific technical and management advice, financial expertise, mentoring etc.
 One-hour webinars should be hosted by Agencies and industry organisations on a monthly basis
featuring topics that enable entrepreneurs to manage their businesses more effectively, and that
people can access in their own time.
 Introduce an online business matchmaking service to help connect those with business ideas with
potential co-founders (Start-Up Fingal).
 Establish a website and e-mail list (hosted and run by volunteers in the private sector) that lists
activities, training, postings, events (e.g. „What‟s up in Fingal‟).
 Successful entrepreneurs should consider establishing accelerator programmes in their local area,
with a mind to investing or encouraging investment in the accelerated companies. Vertical market
accelerators are the avenue most recommended.
 Develop a co-working model that will work in Ireland, to include leveraging unused public buildings
and NAMA buildings

Conclusion
 Fingal has many great advantages and resources
(primarily in terms of infrastructure)
 Challenges include that people and businesses in the
area are transient
 Introduction of LEOs to County Councils provides a
great opportunity for a fresh approach
 Need to establish an Enterprise Strategy that is very
clear in terms of what Fingal CC is seeking to achieve
 Politicians, support agencies, entrepreneurs,
teachers, etc all have an important role to play in
developing the ecosystem
 “Ask not what Fingal is doing for you, but what you
are doing for Fingal”

Join us for lunch
Don’t miss the opportunity to network
when we conclude at 1.00pm.

Closing Address
@KieranDennison

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Fingal Mayor’s Economic Conference 2014
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