Dawson Street start-up hub will help early-stage entrepreneurs to avoid soaring prices.
Dublin Business Innovation Centre (BIC) has opened a new start-up hub and co-working space on Dawson Street: Space@DublinBIC.
The facility has capacity for more than 200 people and is aimed at early-stage entrepreneurs.
‘With the city centre being increasingly dominated by bigger corporates, it is important that we work hard to ensure there is a healthy ecosystem of business – large and small, established and early-stage’
– MICHAEL CULLIGAN
It also helps young companies to establish themselves in Dublin’s city centre at a time when the influx of global digital giants is contributing to soaring rental prices.
Space@DublinBIC offers a dedicated desk for €375 a month or a hot desk for €200 a month.
20 private offices in Space@DublinBIC have already been pre-sold to companies, including RecommenderX, Black Shamrock, Travel Tech Labs, SwiftQueue and Travelling Languages.
In the city of soaring rents
“Having a dedicated space from which to work and conduct business is vital for companies in their early stages,” explained Michael Culligan, CEO of Dublin BIC.
“But in a city in which only about 3pc of office space is vacant and prices are reaching record highs again, entrepreneurs and freelancers are finding themselves unable to access office space from which they can hire talent, scale and access customers easily.”
Culligan said that Space@DublinBIC will also accommodate start-ups from outside Dublin that could use a city centre location with flexible packages. Companies and entrepreneurs will have access to 1GB Wi-Fi, an on-site café, storage facilities and meeting rooms.
“With the city centre being increasingly dominated by bigger corporates, it is important that we work hard to ensure there is a healthy ecosystem of business – large and small, established and early-stage.
“By choosing to locate themselves in Space, start-ups and scale-ups will not only benefit from being immersed in a hub of entrepreneurship, but they will also be surrounded by the supports they need to ensure their company is a success.”
The new space is just one of a number of start-up and co-working hubs to spring up around Ireland in recent years, ranging from Dogpatch Labs in Dublin to the Ludgate Hub in Skibbereen, the Spool Factory in Boyle and the Building Block in Sligo.