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Ludgate Hub is celebrating as it has received €2million in funding, which will be spent on creating 390 jobs across West Cork. The Ludgte Hub is a not for profit company which provides office space and single desks for small companies and start-ups. Photo: Andy Gibson
Ludgate Hub is celebrating as it has received €2million in funding, which will be spent on creating 390 jobs across West Cork. The Ludgte Hub is a not for profit company which provides office space and single desks for small companies and start-ups. Photo: Andy Gibson
SOCIAL BOOKMARKS

€2m Ludgate investment will create 390 jobs

A €2 million investment in Ludgate Hub in Skibbereen has been hailed as a significant opportunity for jobs growth in rural Ireland.

The investment of €2m was announced by Enterprise Minister Heather Humphreys.

At the Ludgate Hub to mark the announcement were: Oliver Farrell, Board Member; Elma Connolly, Ludgate Hub; Adam Walsh, Board Member and Kevin Buckley, Board Member.Photo: Andy Gibson
At the Ludgate Hub to mark the announcement were: Oliver Farrell, Board Member; Elma Connolly, Ludgate Hub; Adam Walsh, Board Member and Kevin Buckley, Board Member.

Photo: Andy Gibson

It will facilitate the purchase and renovation of a new building and the delivery of 390 new jobs by 2020, the Minister said.

“The government has seen the fantastic work already done by Ludgate Hub which took over an abandoned bakery and turned into a beacon of enterprise and opportunity," the Minister said.

"Their work has placed pressure on the government to walk the walk and we see the result today with a two million Euro scheme for Skibbereen which will purchase and renovate a new building, deliver 390 new jobs by 2020 - in addition to the 100 jobs created since it opened and facilitate and support a thousand indirect jobs."

West Cork-based Minister of State Jim Daly said: "It is a long way from Cavan to Skibbereen, but the problems and opportunities faced by both are the same. Heather has offered a listening ear to representations and a recognition of what can be achieved in rural Ireland with investment in infrastructure.’’ 

He added: "We hear, a lot of rhetoric and bad news stories about rural Ireland. Today offers the real story. Fifteen hundred jobs to be created by enterprise, innovation and the digital age with Ludgate hub and Skibbereen being at the centre of it all."

The Minister continued; "[This] investment is an example of the philosophy of ‘build it and they will come’ in action. The government is supporting in deeds and actions the entrepreneurial spirit of the people. The age of Digital brings its problems, but the plus side is there are no geographical boundaries to enterprise and development.’’