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Galway’s young entrepreneurs share €50,000 fund

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Galway’s Best Young Entrepreneur Awards….Michael Fitzgerald, CEO OnePage CRM, with Dara Lynch of Twizt Hydration, Winner of Best New Idea; Cian Brassil of Cloud Dock, Best Start Up Business and Pat Divilly, Best Established Business and Overall Winner of Best Young Entrepreneur, Galway, joined by Breda Fox, Head of Enterprise, Local Enterprise Office, Galway. Photo Martina Regan.

Twizt Hydration; CloudDock and Pat Divilly Fitness have been announced as overall winners in the Ireland Best Young Entrepreneur competition for Galway with Pat Divilly Fitness named as Galway’s Best Young Entrepreneur.

The companies were presented with their Awards by the Mayor of the City of Galway, Councillor Donal Lyons at a reception in the Local Enterprise Office this week.

The Awards are part of the Local Enterprise Office overall aim to support and recognise young entrepreneurs as part of this national competition.

The prizes worth €50,000 for Galway can be used to create new businesses and help existing businesses strengthen their product offerings to the Irish and export markets. The entrepreneurs and their businesses were judged on areas including: business plans; marketing strategy; finance; the use of technology and innovation in the business and the entrepreneurial skills of the business owner.

Receiving the award for the Best New Idea category was Dara Lynch from Twizt Hydration. Twizt Hydration offers a comfortable hydration solution that can be used seamlessly during runs to aid hydration. This in-turn enhances performance and compliments the overall running experience.

The recipient of the Best Start-Up Business was Cian Brassil of CloudDock. CloudDock acts as a universal adaptor for cloud storage companies making them compatible with each other. CouldDock offers a platform for users to share folders and works across services seamlessly. So, for example, a Dropbox user can work with a Google Drive user, without ever needing to have a Google Drive account or vice versa.

The winner of the Best Established Business was Pat Divilly Fitness, which started as a small fitness class on Silverstrand beach in May 2012 and has quickly become one of Ireland’s most recognised health and wellness companies serving over 800 clients globally each month with his online presence. The business also operates a successful fitness studio in Barna.

“Twizt Hydration; CloudDock and Pat Divilly Fitness are great examples of young business people who are making a mark in Galway and their respective marketplaces. As young entrepreneurs under 30, we are proud of their remarkable achievements to date and confident that these individuals and their companies will continue to carve out and develop a niche for their products here in Ireland while slowly developing their markets in the UK, Europe and the US,” said Breda Fox, Head of Enterprise for the LEO.

Twizt Hydration; CloudDock and Pat Divilly Fitness will represent Galway city and county at the Regional Irelands Best Young Entrepreneur Awards which will be held on October 29. The National Awards will take place in December.

Connacht Tribune

Galway social enterprise’s success story as sector receives funding boost

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Pictured at the announcement of a new €1.6 million fund for social enterprises were (from left) Joan Ellison of We Make Good, a Social Enterprise Development Fund 2019 Awardee; Minister Seán Canney; George Jones, Chairman of IPB Insurance, and Deirdre Mortell, CEO of Social Innovation Fund Ireland.

A Galway recycling company, which over the last three years has saved 25,000 matrasses from the dump – and offered employment to members of the Traveller community in the process – is to set up a second depot in the west.

Bounce Back Recycling was one of the winners in the latest round of funding for social enterprises, announced last week.

The company provides a mattress recycling service in the Connacht/Ulster waste region – and over the last three years they have diverted 25,000 mattresses away from landfill.

This has contributed to a greener – and more inclusive economy by employing members of the Traveller community.

Bounce Back Recycling received its new funding following the final pitches – and they will use this to open their second depot in Sligo.

“The support from Social Innovation Fund Ireland’s Social Enterprise Development Fund has allowed us to take our work to the next level,” said Bounce Back Recycling’s joint coordinator Martin Ward.

“It has helped us overcome some big challenges as we plan to extend our services in the coming years,” he added.

He was speaking as details of this year’s €1.6 million fund – which effectively doubles the amount allocated for social enterprises since the scheme was first launched in 2018.

For more, read this week’s Connacht Tribune.

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The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

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Connacht Tribune

Economic advisor gazes into crystal ball to come up with twelve key forecasts

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Predictions ... Cathal McDonagh.

A leading figure in one of the country’s top economic consultancy operation has forecast that 2020 will be for another strong year for Ireland.

Cathal MacDonagh, Managing Partner in Galway for EY, projected 40,000 more jobs, a small government surplus and GDP growth of 3.2% – but all based on the avoidance of a no-deal Brexit.

That outlook is slightly cooler than the two buoyant years Ireland has just enjoyed, though this is not entirely unwelcome as the pressures of fast growth are beginning to become more visible. The predictions assume the avoidance of a no-deal Brexit in 2020.

“Despite weakening global conditions, we believe the Irish economy is entering 2020 in rude health and expect domestic strength to continue,” said Mr McDonagh.

“We predict the labour market will slow only modestly as supply tightens and wage costs increase but with an expected 40,000 net jobs created and a 4% rise in tax receipts, we see a positive economic climate in what will be an election year.

“The rate of job and wage growth should support a healthy 2.4% growth in consumer spending in 2020. With the national savings ratio at a healthy level and confidence largely restored in the property markets, fears over Brexit and the global economy appear to be only having a modest effect on consumer behaviour.”

The upbeat outlook is tempered somewhat by the fact that Ireland still has €175 billion in debt and the challenges presented by extremely fast rates of growth.

For more, read this week’s Connacht Tribune.

Get the Connacht Tribune Live app

The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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Local brewery kicks off New Year with launch of new range of canned beers

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New chapter...Galway Bay Brewery founder Jason O'Connell.

One of Ireland’s most established craft breweries has kicked off the New Year with the launch of a full range of canned beers.

Galway Bay Brewery’s core range will now be available in 33cl cans, with all limited edition, seasonal, and collaborative brews available in 44cl cans.

The core range includes Of Foam & Fury, a double IPA; Full Sail, a simple malt beer; Bay Ale , a traditional ale; Althea , a modern American Pale Ale; and Buried at Sea, a chocolate milk stout.

Limited edition beers that are now available in cans include Weights & Measures – a citra session IPA – and Slow Lives, a German-style Helles Lager. New limited edition beers will be released in cans each month.

Galway Bay Brewery owner Jason O’Connell said they were very excited about this next step – and starting 2020 on such a high.

“In recent years we have seen increasing demand for cans of craft beer and have gotten a great reaction to the limited edition cans we have released using an outside canning service,” he said.

“We are delighted to have taken the canning in-house and to offer our complete core range, monthly specials and seasonal beers in cans.

“We do our best to be as sustainable and environmentally conscious as possible, and the fact that cans are greener in relation to packaging, shipping and recycling is very important to us as well,” he added.

For more, read this week’s Connacht Tribune.

Get the Connacht Tribune Live app

The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

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