Guinness Enterprise Centre – Gearing Up for the Next Decade Supporting Entrepreneurs and Start-up Businesses

December 2009 – Guinness Enterprise Centre, Taylor’s Lane, Dublin 8 marked a landmark tenth anniversary this week, at a special event in Guinness Storehouse. Guinness Enterprise Centre provides incubation space to new and established small businesses, primarily in software, service orientated businesses, small-scale manufacturing, light hi-tech engineering and international/technological services. It also offers a range of enterprise development related support services and facilities.

Speaking at the event, Mr. David Varian, Chairman, said, “Guinness Enterprise Centre is working towards our next stage of development and we believe that now more than ever there is a need for serviced incubation space for start-up companies in the heart of the city. When the Centre was established ten years ago, in partnership with Dublin Business Innovation Centre (DBIC), Dublin City Council, Dublin City Enterprise Board, Guinness Workers Employment Fund and Enterprise Ireland, it was identified that there was a need to stimulate enterprise and innovation in the inner city as a major priority. The Centre has gone from strength to strength and we are aware in the current difficult economic times that the services it provides are even more invaluable to its clients and other potential users.

The Guinness Enterprise Centre is special because it combines all necessary elements of best practice for incubating companies. Today sixty companies employing 308 people are operating from here and are supported by business development workshops, seminars on topical business subjects, business networking events and access to the Dublin Chamber of Commerce network.”

David Varian added, “There have been some remarkable milestones in the last ten years of the Centre’s success. In 2006 the Hewlett Packard Microenterprise Acceleration Programme for SMEs opened. 2008 saw the launch of the Microsoft Biz-Spark Cluster. “

During the past decade:

  • 265 businesses have graduated through the Guinness Enterprise Centre
  • 17 companies have expanded since graduating with sales of €70million employing 474 with an equity investment of €46 million
  • 508 people are employed in the 77 companies that graduated through the Centre
  • The Centre provided incubation to 68 start-up and development enterprises, employing 335 people during the 2008-2009 period.