Business
Galway conference aims to showcase best of industry and future vision
A host of top speakers from the worlds of business and sport are participating in a one-day summit at NUI Galway that will show the west to the world in its most favourable light.
The aim of Innovating West is two-fold – to showcase those who have successfully built world-class teams in here, from ICT and medtech to food and sports, and to kick-start discussions around what is required to create a Galway City Innovation District, and to replicate such ecosystems throughout the West.
The summit takes place on Friday week, March 13, and speakers include Gerry Barry, founder of Fintrax, which was sold for €170m; Dorothy Creaven, CEO of Element Wave, awarded best new startup in the 2013 InterTradeIreland Seedcorn competition; serial entrepreneur Padraig Ó Ceidigh; Pat Lam and Eric Elwood from Connacht Rugby, and John Concannon, the creator of the Gathering and director of Ireland 2016.
Other contributors include Oliver Daniels, CEO, Insight Centre for Data Analytics; Paul Duggan, Global Account Manager, Google; Mark Gantly, Managing Director, HP Galway; Nicola Byrne, CEO, Cloud90; Willie Ruane, CEO, Connacht Rugby; Alan Kerins, CEO, Alan Kerins Projects, and John Breslin, NUI Galway and co-founder, boards.ie
The state support network is represented by Catherina Blewitt, West Regional Manager, IDA; Breda Fox, Head, Galway Local Enterprise Office, and Barry Egan, West Regional Director, Enterprise Ireland, among others.
Event organiser, Dave Cunningham, described Innovating West as a celebration of past innovation and achievement, current entrepreneurship and talent, and the future opportunities for business in the West.
“Over the years Galway has produced many leaders and entrepreneurs. The Innovating West Event is bringing together these talents to share their experiences and ideas.
“Galway City has a great opportunity to position itself as the West of Ireland Hub (the San Francisco of Europe) for creators and innovators.
“An Innovation District in the heart of Galway will allow for an ecosystem to develop where established companies and start-ups come together to establish new technologies and services with global reach.
“The Galway City Innovation District has been strongly supported by Galway City Council, who have committed to supporting Innovating West and the Innovation District as part of its’ short and long term plans,” he said.
You can register now at www.innovatingwest.com
Connacht Tribune
New President for Local Ireland
The new President of Local Ireland, the association representing local news publishers around the country, is Head of Irish Times Regionals Dan Linehan.
Mr Linehan takes over the presidency from Declan McGuire of the Connacht Tribune. His appointment was confirmed at the recent Annual General Meeting of Local Ireland at Bloomfield House Hotel near Mullingar, Westmeath.
Mr Linehan, who has served as Vice President of the organisation for the last two years, said: “The coming years are a very important time for local publishers with many important issues to be addressed, including the implementation of the Future of Media Commission recommendations, defamation reform, the role and support for local publishers in public service reporting and helping publishers develop commercial digital offerings.”
Speaking at the AGM, Mr McGuire acknowledged the work done by the Executive in the past two years under the direction of Executive Director, Bob Hughes, on several projects related to the publishing industry but most especially the successful conclusion of the long-running campaign for the abolition of VAT on newspapers.
He also wished Mr Linehan the very best in his new role as President of the association for the next two years.
Mr Hughes thanked Mr McGuire for his leadership and support during his term of office and said he looked forward to working with Mr Linehan on the key policy priorities for the association, including Government supports, Government advertising, fair remuneration for content from the tech platforms and the reform of the legislation for defamation.
Local Ireland members also elected Seán Mahon, Managing Director of the Southern Star, as Vice President for the next two years.
Connacht Tribune
Employers’ group hears of key challenges facing businesses in the region
The shortage of affordable housing is the single biggest impediment in attracting and retaining workers in the West, according to business group Ibec.
At a ‘Regional Insights Series’ meeting in the Galmont Hotel in Galway last week, employers were told that capacity constraints and labour supply are the key challenges facing business growth in the region.
Ibec Head of Regional Policy Helen Leahy said: “There must be greater focus by government on enhancing quality of life issues such as housing and infrastructure which are driving labour shortages in the region.
“Ibec’s vision for the West is to realise its potential to become a globally competitive location. An inadequate supply of affordable housing is now the single largest impediment to attracting and retaining talented workers, without whom business investment and expansions are not possible.
“Labour shortages are a real concern for businesses in the region. People decide where to live and work based on quality of life and access to high quality services and amenities. Industry tends to follow talent, and in this regard, the region needs to have all the building blocks in place as the attraction and retention of world-class talent becomes increasingly competitive on a global level,” said Ms Leahy.
Amongst Ibec’s priorities for the West are:
- Addressing housing and infrastructure challenges
- Transitioning towards a new growth model with Net Zero energy powered by Atlantic offshore wind resources
- Adapting businesses to the new economic realities
- Enhancing capacity and skillsets to achieve sustainable development objectives
- Investment in people and skills
- Creating competitive advantage through digitalisation
- Innovation as a key driver of productivity growth
Connacht Tribune
Survey finds one in five retailers in Galway want to go fully cashless
One in five Galway businesses want to go fully cashless, as the move towards card payments and tapping continues unabated post-Covid.
In all, 22% of Galway businesses would like to be fully cashless, according to a survey carried out by BOI Payment Acceptance (BOIPA), a provider of payment technology solutions, which asked Irish businesses about the current payment landscape as well as business confidence and concerns.
Over one-third (36%) of Galway businesses were unaware there is no contactless limit on mobile wallets – just below the national average – while 54% believe the increase in card over cash transactions has helped them run their business.
Six out of ten Galway businesses expect to grow this year despite the cost-of-living crisis and running costs dominating as key concerns; 62% believe their business will grow over the next twelve months despite global economic uncertainty.
Unsurprisingly cost-of-living increases and running costs were the main concerns the majority of businesses had.
For more, read this week’s Connacht Tribune.
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