Scaling up is the 2019 theme for start-ups based at Dublin’s digital quarter.
The Digital Hub is to reveal a masterplan for its 2.6-acre Windmill Site located on the northside of Thomas Street in Dublin 8.
The expansion comes after a year in which nine companies within the hub scaled their presence by taking on additional office space and eight new companies moved into the campus.
‘10pc of our cluster is now comprised of healthtech companies’– FIACH MAC CONGHAILL
The Digital Hub also introduced new initiatives such as an artist-in-residence programme and a series of public digital art exhibitions. The Digital Hub Development Agency is the Irish state agency that manages hub.
The cluster now numbers over 70 established businesses, employing almost 750 people as at the beginning of January 2019. In the past 12 months, eight new companies moved into The Digital Hub.
“2019 will mark a new chapter in the continued evolution of The Digital Hub,” said CEO Fiach Mac Conghaill. “We are very excited about the mix of companies we now have at The Digital Hub and in particular the emergence of a cohort of companies from both the creative digital sector, including Gingerbread Animation and CB Media, and companies from the healthtech space including PatientMpower and Neuromod.
“10pc of our cluster is now comprised of healthtech companies and our ambition is to continue to grow this sub-cluster and to run a number of connected health events for the benefit of these companies throughout the year.
“At The Digital Hub, we remain determined and committed as ever to develop a diverse and creative digital technology quarter in Dublin 8 that will have a tangible positive social and economic impact on the historic Liberties area of Dublin city.”
Windmill Site plans
Mac Conghaill said that the 2.6-acre Windmill Site incorporates the well-known landmark of St Patrick’s Tower and two of The Digital Hub’s flagship office spaces Digital Depot and The Grainstore.
Work on the masterplan for the Windmill Site will be conducted on a phased basis with the initial focus on completing a cost benefit analysis and feasibility study for the site.
It is expected that the masterplan will be concluded by the end of 2019 and will likely comprise of a mixed-use development including potential for a public space amenity.
In its outlook statement for the coming year, Mac Conghail also highlights how The Digital Hub cluster continues to experience a growing demand from within its base of enterprise companies to support their need to scale while remaining in The Digital Hub.
The Digital Hub currently has just over 70,000 sq ft of useable office space located across nine buildings, with a current occupancy rate of about 85pc.
Among the new companies who have now moved to The Digital Hub during 2018 is Full Health Medical, a healthtech company that was established in 2011.
“This cluster of specialist companies helps to keep us informed and allows us to spark off one another,” said Dr Ann Shortt, medical director and co-founder of Full Health Medical.
“Our proximity to St James’s Hospital and the relationship that The Digital Hub has established with them is another factor that is highly likely to deliver value to our business into the future.”
Other companies of note to have moved to the Digital Hub in 2018 include Black Shamrock, a fast-growing games development company specialising in strategy and role-playing games for PlayStation 4, Xbox One and PC, a US e-procurement specialist firm PunchOut2Go and Ireland’s largest independent film distribution company Eclipse Pictures.
- Truly Creative enjoys rapid growth with help from Leeds Digital Hub
- Facebook to open digital training hubs in Europe
- Life beyond the Hub for Infinity
- Apprenticeship levy could help technology businesses grow, says Ward Hadaway
- Huge tech hub in former Sheffield Co-op department store set to transform digital economy
- Backing for multi-million pound scheme to transform landmark former Sheffield Co-op into tech hub
- Bi-fold door system firm opens new £500,000 hub
- RBS to put 5,000 firms through incubator this year
- Agri-business firm Capper's proposed M1 development hub will create 40 jobs
- News publishers told to reduce reliance on Facebook amid steep drop in user engagement with content from top news sites
- Rival housebuilder calls for Inchture development to be thrown out
- Belfast digital agency Made to Engage creates 40 jobs
- The business chief whose firm has survived the Troubles and the recession to take a bite out of the catering market
- Doncaster firm making a name for itself in the gin business
- Textiles firm gains £9k grant
- Growing city fancy dress firm enjoys Halloween boost
- Buzzfeed UK launch editor Luke Lewis moves to i paper in new head of audience development role
- New flats plan submitted for Shrewsbury greenfield site
Digital Hub to develop Windmill Site as firms scale and grow have 760 words, post on www.siliconrepublic.com at January 2, 2019. This is cached page on Auto News. If you want remove this page, please contact us.