A ‘sod-turning’ ceremony was held on Monday, 18th January in The Mill Enterprise Hub to mark the commencement of construction of the Phase 2 building at a cost of circa €800,000. This will enable The Mill to build on the success of Phase 1, and meet the strong demand for supports to start-ups and expanding businesses in the south Louth, Drogheda, and East Meath region.
The sod-turning was attended by a range of supporters including Mayor of Drogheda Paul Bell, Louth County Council, Enterprise Ireland, Drogheda Chamber of Commerce, and a host of corporate partners who have contributed to the success of The Mill. Minister for Business and Employment and TD, Gerald Nash, officially launched the latest phase in the development of The Mill, “This is a great example of public and private organisations coming together to develop entrepreneurship in the region. The rapid success of Phase 1 proves that the Drogheda region is highly entrepreneurial, and I’m delighted that my Department, and the Department of Environment has been able to support the initiative. This funding will help create quality jobs in Drogheda, South Louth and East Meath and assist local entrepreneurs to develop their businesses in a supportive environment as our local and national economy continues to forge ahead”.
The Mill has successfully applied for €250,000 REDZ funding from the Department of Environment, and will also receive funding from Enterprise Ireland, Louth County Council, and private donations. Enterprise Ireland have committed €200,000 to Phase 2, and contributed €300,000 to the first phase of The Mill. Sean MacEntee, Board member of The Mill stated “The Mill’s success to date has been in close co-operation with local business. We have worked with IFS State Street on the IgnYte programme for young unemployed people, with Coca-Cola and AIB in relation to the Female Illuminate training course, and have partnered with Fitz Scientific and other companies on the Drogheda Young Innovators initiative which works with secondary schools in the region. The strong co-operation we have with private companies is testament to the desire of local companies and entrepreneurs to ensure that Drogheda reaches it’s full potential, and continues to maintain and expand on it’s long tradition of industry and innovation. We couldn’t have established The Mill without the financial support of local companies including CRH Ltd, Flogas, Coca-Cola, Outsource Solutions, Premier Periclase, Hilton Foods, Indaver, Mor Solutions, The Recruitment Bureau, and a host of other companies”
The Mill Enterprise Hub, was created by the Drogheda business community to ensure that Drogheda has the best facilities and support structures for expanding companies and start-up’s in the South Louth and East Meath region. The range of services provided include complete office solutions in a high-spec environment, Hot-desking facilities for Start-up’s and developing businesses, Hiring of Training Facilities / Meeting Rooms, Delivery of Business Training Seminars to local businesses, Mentoring & sign-posting to relevant Enterprise support agencies, and on-site business support.
According to Breanndán Casey, BDM at The Mill, “We currently have over 60 people and 15 companies based at The Mill. This phase 2 development will give existing Mill-ers the space to develop and take on new employees. Drogheda is ready to take a lead role in promotion of regional entrepreneurship, and can now offer the supports that are needed for local entrepreneurs. I’d encourage anyone thinking of starting a business to contact us directly. Phase 2 will cement our position as the focal point for entrepreneurship in the region, and allow us to offer an increased range of supports, to both, Millers and local companies. One of our many ambitious plans is the establishment of an M1 Payments Corridor which would link the IFS with Belfast via Dublin airport, Drogheda and Dundalk and would give indigenous Fintech companies and larger Payment firms a strong foothold in the region”.
Future plans for The Mill include continued promotion of targeted groups such as female, young unemployed people, and second-level students, the development of an Ag-Tech network for technology suppliers to the Ag-Food sector, and the establishment of the M1 E-Payments Corridor.