Business
Pioneering Galway space is full to the brim as entrepreneurs vote to share
Galway city’s first dedicated co-working space SuperPixel Labs has revealed that their second space in Fairgreen is now completely full after just three months.
A mix of businesses have made the space their home, 61 members are working in the space every day, not including visitors who are using the conference and meetings rooms.
“The first three months have been so encouraging, and to be able to say we are at 100% occupancy is a massive achievement,” said Tara Dalrymple, Community Manager of SuperPixel Labs.
Recent research of 40,000 companies worldwide by Regus confirms that SMEs continue to be keen users of co-working space.
While sharing an office space used to be seen as a short-term answer for start-ups on a budget or entrepreneurs seeking company, 67% are integrating co-working into their long-term strategies.
Co-working gives SMEs the opportunity to scale operations up or down rapidly without incurring extra costs, allowing them to remain agile and responsive to sudden market changes.
Co-working provides ‘digital nomads’ an office-like place, as well as a social gathering platform of independently working professionals that share values or interests.
“By having so many different crafts and talents in one place really benefits our community members. As well as creating friendships, they are now collaborating on projects and tenders which has just happened organically between them,” added Tara.
SuperPixel Labs was founded by Barry and Mike Duffy in 2014 with an eleven-desk space in the Latin Quarter in the heart of Galway city.
Both are civil engineers from NUI Galway, and graduates with a Masters in Project Management from Smurfit Business School.
Barry also completed a Masters in Finance in Imperial College London. Mike has several years’ digital project management experience in Accenture before creating SuperPixel Labs.
Tara herself has strong roots in multinationals and well known household brands – Marks & Spencer, Volvic, David Beckham, Disney, 20th Century Fox – with a varied and wide breadth of experience across different industries from IT consultancy to Financial PR.
To see more about SuperPixel Labs visit www.superpixel.com, or find them on Facebook, Twitter and Instagram.
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.
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
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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