FDBusiness.com

Guinness Enterprise Centre Wins Global Award

 Breaking News
  • £3.7 Billion Worth of Discounts Disappear From UK Supermarket Shelves as Promotions Fall to Lowest Levels in 10 Years The pressure on UK retailers to be more transparent in their pricing has seen the number of trade promotions fall to their lowest levels for 10 years, and in 2017, shoppers will receive £3.7 billion less in promotional savings. This is according to a new report by IRI, the provider of big data and predictive analytics [...]...
  • Whisky, Tequila and Gin to Drive Global Spirits Category Growth to 2021 Just released data from the IWSR 2017-2021 Forecast suggests global volumes of whisky, gin and tequila are expected to make gains of 55.2m, 7.1m and 5.8m nine-litre cases respectively over the next five years, following their rapid growth in 2016. These categories together with baijiu (+48.2m cases between 2016 and 2021), will contribute the most in the [...]...
  • Huge Export Win to China For UK Food Producers A new export deal with China will bring a £200 million boost to the UK food industry and support 1,500 jobs. Taking advantage of the growing demand for UK and drink in China, seven new businesses in England and Northern Ireland have secured access to export pork – including three producers who, in a first [...]...
  • CSM Bakery Solutions Closes Sale of BakeMark Business CSM Bakery Solutions, a global leader in bakery ingredients, products and services, has completed the sale of its BakeMark business to private equity firm Pamplona Capital Management. The sale of BakeMark, which was announced mid-July, is an important element in CSM’s decision to focus on their core business in Europe and North America. “Completing the sale [...]...
  • Needham Coding Ireland to Show Own Brand ‘N’ Series CIJ Printers For the First Time Newly established business, County Westmeath-based Needham Coding Ireland Limited, which was formed following a merger between The Needham Group and long-standing Irish distributor, Advanced Coding Solutions (ACS), will be highlighting a wide range of continuous ink jet (CIJ), thermal ink jet (TIJ) and laser coding and marking equipment, and associated printer inks and makeup at [...]...
  • Mars Food Expands its Portfolio With Acquisition Mars Food, part of Mars Incorporated, is acquiring Preferred Brands International, a US-based, fully integrated manufacturer and marketer of all-natural, ready-to-heat Indian and Asian food products sold primarily under the Tasty Bite® brand. Tasty Bite’s® portfolio includes a wide range of vegetarian offerings, including Indian/Asian entrees, spice and simmer meal kits, and organic rice and [...]...

Guinness Enterprise Centre Wins Global Award

Guinness Enterprise Centre Wins Global Award
February 02
16:40 2016

The Guinness Enterprise Centre (GEC) has been ranked the world’s Top University Associated Business Incubator in the prestigious UBI Global rankings. Selected from the 1,200 incubators worldwide which entered, the GEC scored 78/100 compared to a global average of 53/100. Contribution to job growth and support for graduate start-ups were highlighted among the GEC’s top attributes.

Collaboration with a large investor network was another key success factor. The GEC is managed by Dublin BIC, which also manages the AIB Seed Capital Fund and Halo Business Angel Network (HBAN), helping start-ups become investor ready, access finance and grow their companies domestically and internationally.

The GEC is a not-for-profit, world-class enterprise centre for ambitious and innovative companies. It provides a modern, spacious and flexible working environment, offering private, shared or co-working office space, supported by best-in-class business support services. The GEC works closely with Enterprise Ireland, Dublin City Council, Dublin Local Enterprise Office, Diageo, and Guinness Workers Employment Fund.

The UBI Global World Top University Business Incubator and Accelerator Rankings assess 1,200 university incubators around the world and rank them according to value for ecosystem, value for clients, and attractiveness. This year, 330 of the 1,200 incubator entrants, including the GEC, were benchmarked.

Three global awards are given out in total – University Associated Business Incubator, Top University Business Incubator and Top University Business Accelerator. The university associated section, won by GEC, is given to the highest-ranked incubator that works closely with, but has no formal affiliation to, the universities in its jurisdiction.

The GEC works closely with top universities and institutions in Ireland, including Trinity, DCU, DIT, UCD Smurfit, Ballyfermot College of Education. The centre also frequently collaborates with universities abroad including the University of Phoenix, Arizona; Northeastern University, Boston; and University of Padua, Italy.

More than 90 start-ups call the GEC home, with an additional 70 support companies housed in the centre. Many of these are graduate-led companies, started through collaboration with various universities. More than 370 people work in the incubator, with close to 1,000 employed globally by the start-ups it houses.

UBI Global also recognised the GEC for hosting events for its start-ups, ranging from investor networking opportunities, hackathons and tech meet-ups, and also yoga classes, golf trips, hiking and five-aside football games.

David Varian, chairman, Guinness Enterprise Centre, says: “We understand that our ability to help commercialise projects was a key factor behind our success. Working closely with universities has been a core part of what we do since the GEC was born in 1999. We hone the talents of ambitious graduate start-up leaders from Ireland and abroad to give them a base, help them develop their skills, and connect them with the right people to grow. Ireland is a globally recognised start-up hub and we’re delighted to play a part in this and be recognised for our work.”

CAPTION:

Pictured (from left to right): Michael Culligan, business manager, Dublin BIC; David Varian, chairman, Guinness Enterprise Centre; and Richard Bruton TD, Minister for Jobs, Enterprise and Innovation.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2017drinktec
  • September 13, 2017FI Asia
  • September 19, 2017PROCESS EXPO 2017
  • September 22, 2017Global Summit on Food & Beverages
AEC v1.0.4

The Magazine

F&D Business Preferred Suppliers

Advertisements