Latestphaseat TheMilltobe launched

Prepare for Brexit!

THE latest phase of development of The Mill, Drogheda’s purpose built innovation, technology, enterprise and co-working facility, will be officially launched at an event this Thursday.

The official strategy for phase three of the development will be launched by Mr Michael Mulvey, President of Dundalk Institute of Technology. The Mill enjoys a strong partnership with DkIT, as well as DCU, with eyes set on attracting bigger Enterprise Ireland clients to the hub.

The Mill, which first opened in 2014, has grown to become one of the leading regional enterprise centres in Ireland in the three years since it opened, helping to build an entrepreneurial culture in the region.

Mr Mulvey will officially launch the strategy for phase three at the event, with a BBQ and networking opportunity also provided for attendees. Co-chair of the Mill Enterprise Centre Alan Costello will also welcome guests.

Phase two began construction in January 2016 and officially opened just over a year later by Minister of State for Small Business Pat Breen.

The Mill, located on the Newtown Link Road, offers 15,000 sq ft of public space, meeting rooms, training rooms, dedicate offices, hot-desking facilities and community spaces.

Louth businesses are being urged to prepare for the effects of Brexit now and not to take the continued strong growth in most sectors for granted.

Ronan Foley, AIB’s Brexit Advisor for Cavan, Monaghan and Louth said: “We’re seeing certain sectors take a proactive approach to Brexit including the logistics and hospitality sector. Many of the logistics businesses we work with are making plans to expand with hauliers improving and increasing their fleet. We’re also seeing expansions in the hospitality sector, as organisations there work to target a broader visitor base outside of the UK. In comparison, the food manufacturing space where growth would traditionally have focused on the UK are reluctant to make any expansion plans.”

Ronan explains why this is the case: “On the whole the majority of businesses in Cavan, Monaghan and Louth are reluctant to make a plan for Brexit because of the lack of information and progress on Brexit negotiations. This uncertainty affects different businesses in very different ways. For some the hard border is the biggest concern, for others it’s currency. Whilst this uncertainty is understandable, our message continues to be to prepare for a worst-case scenario of Brexit by taking with your advisors and using the resources available through the likes of InterTrade Ireland, Enterprise Ireland and your Local Enterprise Office. Our Business Advisory Team within Cavan, Monaghan and Louth are also keen to talk with SME’s to identify ways of helping plan for the potential effects of Brexit.

The Woodies Heroes cycle started their journey around the country on Monday 20th August where they collected cheques along their way from the Drogheda store for the four children’s charities; The Jack and Jill Foundation, Down Syndrome Ireland, Temple Street Foundation and Make-A-Wish Ireland. The Drogheda store has put in a lot of hard work and organised fun activities in order to raise money for the deserving charities.The Drogheda store manager handed over a cheque worth €7,530 to the cycle participants.