Activating Dublin
Urbact Summer School, August 2013
An introduction to Dublin:
Supporting Tech Start ups #bestplacetostart...
1
Dublin Region
The Dublin City Region is the
administrative and political
capital of Ireland and home to
an estimated 1.2...
2
Background
“The Dublin city region accounts
for four out of every ten jobs,
just under half of all goods and
services pr...
3
Dublin – International Comparisons
•Dublin is a small city in the international scale and we
certainly outperformed in r...
4
Difficult times since 2007…..
•Property bubble
•Banking Bailout
•EU / IMF rescue programme
•Austerity programmes
•Unempl...
5
Unemployment challenge
• - Unemployment in Dublin has increased from about 4% in 2006 to over
13% in 2012.....now 11% in...
6
• Dublin was the 50th richest city by GDP per capita ($52,100) out of 300 largest global metros
(2011/12), Brookings Met...
7
Dublin ranked
overall the fourth
most prosperous
city in the
2012/13 UN
prosperity index
Report:
http://www.unhabitat.or...
8
Dublin 13th friendliest place in world (Cork 20th and Kilkenny 9th , Conde
Nast traveler survey, 2013
“Ireland‟s most fa...
9
Best things about Dublin
(as identified by people that live here)
•“Vibrant international city with a small town feel”
•...
10
11
Foreign Direct Investment
•Dublin has one of the best track records for FDI in
Europe. Voted the ‘Best to Invest’ Europ...
12
Dublin Attracting Foreign Attract Investment...
13
Dublin Attracting Foreign Attract Investment...
14
Source: Frontline Ventures Ireland Tech Start Up Guide
Dublin Attracting Foreign Attract Investment...
15
Some Recent Coverage
“Emerging Tech: Dublin one of 9
International Startup Hubs to
Watch”
“New Silicon Valley on the
em...
16
New Alliances: City Leadership Alliance
Local Government:
Lord Mayor & Chair of DRA,
City & County Manager
&
Economic D...
17
-Activating Dublin is a new initiative (2012-13) established with the support of McKinsey &Co
-An alliance led by Busin...
18
Digital Initiatives underway....
Online / eCommerce
 Partners best practice first of
its kind globally
 20 Pilot comp...
Activating Dublin: #bestplacetostart
A report on maximising the potential of the Tech
Startup ecosystem in Dublin
Full Rep...
20
Process of report development
Working
Group
Initiative themes
- Coordination
- Facilitation
- Regulation
Report
Initiat...
21
Dublin has the startup „assets‟ necessary to
be a world class tech startup hub
TOP 8 EUROPEAN STARTUP
ACCELERATORS AND ...
22
Appendix 4 – Enterprise Supports in Dublin
Source: Presentation by Joanne Hession, QED on “Dublin, the best city in the...
23
Dublin‟s thriving Start Up Eco-System
IXDA
Craft
Refresh
UXPA
Tech P.Dublin
Beta
Python
meetups
Ruby
meetups
Node.js
An...
24
The biggest web summit outside of the US
25
But in the international benchmarks.....
Global Genome Report: data-driven ranking of the World's Top 20 Startup
Ecosys...
26
Mission
Objectives
Prize
Opportunities
Strengths
 Dublin recognised as the #1 EU hub for tech innovation where compani...
27
Our recommendations
1. We believe that there should be a
single strategy for Dublin as the
best tech startup city, back...
28
Our recommendations
Provide coherent
coordination, marketing, outrea
ch and promotion to tell a one
city story
Ensure t...
29
The lack of coordination between Dublin‟s startup centres & key players
may lead to a lost opportunity
Strengths
▪ Supp...
30
Taskforce to aggregate and support the use of material about
Dublin‟s startup cluster – Key participants
Innovation clu...
31
Initial proposals to support stakeholders to build linkages and
create new high international profile activities
Celebr...
32
9 of the top 10 Global Software Leaders are in Dublin and
8 of the top 10 US companies are here
5
PwC‟s Global 100
Soft...
33
Example nodes in the Dublin Cluster (current & potential future ones)
with their transport links – how do they connect?...
34
People with good
skills are available
Existence of
informal networks
between cluster
participants
Access
to/availabilit...
35
 The eastern sector contains multiple economic sectors that are now embedded in the Docklands
Quarter – the primary on...
36
Accelerator program that will
encourage new high risk startups
in strategic areas such gaming
and cloud computing
„Lobb...
37
Implementation timeline and plan
Promote a coherent
story for the city to
attract high quality
startups
Support
stakeho...
38
A changing role for the city council in the start up space
*selected slides – full background and presentation
availabl...
39
40
41
Thematic Areas Identified for the Start up City Event:
1. ENHANCING DUBLIN’S STARTUP ECOSYSTEM - ONCE
UPON A TIME IN DU...
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Urbact summer school 29 08 13

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Presentation to the Urbact Summer School in Trinity College Dublin giving an overview of Dublin and initiatives that are supporting start ups and entrepreneurs. Focus is on an Activating Dublin initiative supporting tech start ups #bestplacetostart. Full report and press release are available here: http://bit.ly/175r82i

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  • Dublin City Council is one of 4 local authorities that make up the Dublin region.Population of over half a million. GDA is the greater Dublin area – which is effectively the wider Dublin urban region and takes in surrounding hinterland counties.
  • Overview of DublinEconomic ChallengesSuccess in FDIExports outward lookingCollaborations across the regionNo mayorMaking the case for DublinTwin track economyDomestic economy suffering, austerity. Booming
  • However still job shortages in certain sectors of the economy – in particular tech sectors, big data, analytics etc..
  • Increase in competitiveness post the 2007 economic downturn. Lower wages, rents etc...Strong increase in the number of FDI projects attracted to Dublin.Tax, regulation, access to European Markets, English speaking and ability to attract and recruit talent are the key factors that make Dublin attractive for FDI investment.
  • New alliances developed as a result of the downturn. Dublin does not have a directly elected mayor – which creates a governance challenge for the wider city region.
  • Activating Dublin- An alliance led by Business (Dublin Chamber of Commerce) and the city (Dublin City Council) where private, public, and social sectors act together to deliver ‘action’ based projects that will make Dublin more competitive internationally. Activating Dublin has the potential to deliver a net increase of 40,000 jobs by 2020, along with a potential value add of EUR6-8bn and a global reputation as one of the world’s best city regions in which to live, work, and visit (McKinsey, 2013).  Initiatives include: E-payments Initiative:  The “Pay online, Pay on time” initiative aims to move Dublin business payments from cheques to electronic. The Central Bank estimates that there is a potential cash flow improvement for Dublin businesses of about €640m and cost reductions of €23m.This initiative aims to find a common solution that will help businesses move to world class payments habits. Initially, the project will be piloted by twenty companies who will work with the support of Dublin Chamber businesses and banks to put a system in place enabling them to make all payments electronically. Getting Business Online - A unique partnership with Google, Facebook and Paypal working together under the banner of ‘Activating Dublin’ to help Irish Businesses get online and develop a more effective online trading presence.   The aim of this initiative is to increase the number of Irish Businesses trading online, growing the economy, creating jobs and increasing the share of Irish online purchases. Positioning Dublin as a digital world leader.  There were 20 companies who participated in a 4 month pilot where they learned about practical  e-commerce and marketing solutions allowing them to grow their business and create employment. As a result of the success of the pilot, it will now become part of a national programme targeting business across the country. Other Activating Dublin initiatives include: Positioning Dublin as the no.1 tech start up hub in Europe, Supporting Youth Activation, Promoting E-payments across business, Smart Cities and Open Data.
  • 10,000+ attendees from 100+ countries will be at the#WebSummit this October 2013.
  • The index is based on data from more than 50,000 startups around the world who are using the Startup Genome’s Startup Compass, an automated analyst in the cloud that helps businesses make better decisions via benchmarks and actionable recommendations.
  • Dublin City Council has a new role in directly supporting the Local Enterprise Offices (LEos) and the Digital Hub. Dublin City Enterprise Board functions are being transferred into these new Leos. This changing environment gives the opportunity to examine how these and other city systems, resources and assets could be leveraged to support early business development and social entrepreneurs.
  • Urbact summer school 29 08 13

    1. 1. Activating Dublin Urbact Summer School, August 2013 An introduction to Dublin: Supporting Tech Start ups #bestplacetostart Jamie.cudden@dublincity.ie @jcudden
    2. 2. 1 Dublin Region The Dublin City Region is the administrative and political capital of Ireland and home to an estimated 1.2m people accounting for almost 28% of Ireland‟s population Ireland‟s population is 4.2 million (2006) Dublin accounts for 39% of national economic output (47% for the GDA) , 2012 •Dublin City Council
    3. 3. 2 Background “The Dublin city region accounts for four out of every ten jobs, just under half of all goods and services produced and nearly half of Ireland‟s tax revenue. Ireland needs a strong Dublin.”
    4. 4. 3 Dublin – International Comparisons •Dublin is a small city in the international scale and we certainly outperformed in relation to our size. •Mercer Quality of living (2012) places Dublin in the top quartile of global cities (35th) •The capital of a small island – open economy that is outward looking – •2nd most globalised country in the world (Ernst & Young, 2012) •A hub for US investment: Since 1990 there has been more capital investment (189 billion) into Ireland compared to the BRICS combined.
    5. 5. 4 Difficult times since 2007….. •Property bubble •Banking Bailout •EU / IMF rescue programme •Austerity programmes •Unemployment •Collapse in GDP •Change in government •Economy stabilising 2012-2013
    6. 6. 5 Unemployment challenge • - Unemployment in Dublin has increased from about 4% in 2006 to over 13% in 2012.....now 11% in 2013 • - Over 120,000 jobs lost in the Dublin Region. • - The construction sector has been particularly badly effected • - In 2006 the construction industry in Ireland represented 24% of national GDP employing 1 in 7 people. 14.7% 13.1% 0 2 4 6 8 10 12 14 16 %Unemployment Unemployment State Dublin 626.8 503.8 200 250 300 350 400 450 500 550 600 650 Employment000's Dublin Employment
    7. 7. 6 • Dublin was the 50th richest city by GDP per capita ($52,100) out of 300 largest global metros (2011/12), Brookings Metro Monitor, 2012. • Dublin was one of the worst economic performers 279th out of the top 300 largest global metros in 2011 http://www.brookings.edu/research/interactives/global-metro-monitor-3
    8. 8. 7 Dublin ranked overall the fourth most prosperous city in the 2012/13 UN prosperity index Report: http://www.unhabitat.org/pmss/listItemDetails.aspx?publicati onID=3387 News Article: http://www.irishtimes.com/news/dublin- ranked-fourth-most-prosperous-city-in-un-index-1.1313782
    9. 9. 8 Dublin 13th friendliest place in world (Cork 20th and Kilkenny 9th , Conde Nast traveler survey, 2013 “Ireland‟s most famous metropolis is also among its kindliest. This “big, bustling city with great museums” is “full of history and likeable people.” “The friendliest natives I have ever encountered,” gushed one visitor, “the gift of Irish gab lives!” Another Dublin enthusiast noted that every local they came across had “a smile in their voice and a joke at the ready.” With “so much to see and do” and, of course, “wonderful pubs,” “inviting” Dublin “should be on everyone‟s bucket list.” http://www.cntraveler.com/daily-traveler/2013/07/world-travel-dublin-auckland- cork-friendly-unfriendly-cities_slideshow_item7_8
    10. 10. 9 Best things about Dublin (as identified by people that live here) •“Vibrant international city with a small town feel” •“Dublin has a buzz that others city's don't have” •“That it has the diversity and energy of a young and vibrant 21st century city” •“Compact city where you can see a city, a fishing harbour and the mountains all in one day” • “It‟s nice and compact so that where ever you go you‟ll always know someone nearby.” •“Lots of interesting people means lots of interesting events and venues, and because of it‟s size you hear about them and can get to them easily.” * www.yourdublinyourvoice.ie
    11. 11. 10
    12. 12. 11 Foreign Direct Investment •Dublin has one of the best track records for FDI in Europe. Voted the ‘Best to Invest’ European Metro in 2012 and third best in 2013. •The Economist Intelligence Unit ranked Dublin number one in having the best “human capital” in the world.
    13. 13. 12 Dublin Attracting Foreign Attract Investment...
    14. 14. 13 Dublin Attracting Foreign Attract Investment...
    15. 15. 14 Source: Frontline Ventures Ireland Tech Start Up Guide Dublin Attracting Foreign Attract Investment...
    16. 16. 15 Some Recent Coverage “Emerging Tech: Dublin one of 9 International Startup Hubs to Watch” “New Silicon Valley on the emerald isle” “Ireland best country to invest in Western Europe. Dublin third best metro”
    17. 17. 16 New Alliances: City Leadership Alliance Local Government: Lord Mayor & Chair of DRA, City & County Manager & Economic Development State Agencies : IDA & EI Business : CEO & President, Dublin Chamber , & Individuals from the Creative & Knowledge sectors Higher Education Institutions: Presidents / Vice-President DCU, UCD, TCD, DIT See: www.creativedublinalliance.ie
    18. 18. 17 -Activating Dublin is a new initiative (2012-13) established with the support of McKinsey &Co -An alliance led by Business (Dublin Chamber of Commerce) and the city (Dublin City Council) where private, public, and social sectors act together to deliver „action‟ based projects that will make Dublin more competitive internationally. Activating Dublin has the potential to deliver a net increase of 40,000 jobs by 2020, along with a potential value add of EUR6-8bn and a global reputation as one of the world‟s best city regions in which to live, work, and visit (McKinsey, 2013).
    19. 19. 18 Digital Initiatives underway.... Online / eCommerce  Partners best practice first of its kind globally  20 Pilot companies going through 6 workshops  Develop „playbook‟  Results guiding gov‟t trading online voucher scheme This pilot scheme will, I believe, provide the model for the introduction of a new Business Online Voucher for all SMEs to the value of €2,500. The target is an increase of 2,000 in the number of businesses trading online, creating 3,200 jobs. - Minister Richard Bruton TD The Irish Independent (2 May 2013) Tech Startup / Innovation  In-depth workshops  Draft report on strengths & assets aimed at realising full potential  Next Steps  Business case testing  Work with key players to develop implementation plan  Pilot initiatives or drive implementation process Cash-flow & ePayments  Developing a toolkit:  Rapid Diagnostic for company specific business case  Feeds into personalised implementation guide  Campaign to change B2B behaviour  Use toolkit as part of a wider awareness campaign
    20. 20. Activating Dublin: #bestplacetostart A report on maximising the potential of the Tech Startup ecosystem in Dublin Full Report: http://www.dubchamber.ie/docs/newsletters/best-place-to-start-activating-dublin-tech-startup-report.pdf *Selection of slides from the main report
    21. 21. 20 Process of report development Working Group Initiative themes - Coordination - Facilitation - Regulation Report Initiative Workshops Working Group The initial assessment by McKinsey & Co included:  Conducting a baseline of Dublin‟s position on key indicators and benchmarking against comparator cities, and  Consultations with more than 100 diverse multi-sector stakeholders from public, private, and social sectors to identify key themes for future regional development Based on these finding a Working Group was set-up with specific experience in the area of startups. Building upon the original analysis and the experience of the group the three key themes to address were identified:  Coordination  Facilitation  Regulation Separate themed workshops were conducted by the theme leaders drawing on expertise and knowledge along these lines. The group also engaged internationally with those in the startup community to find best practice. Based on this work the Steering Group has compiled the following report with recommendations and a delivery model to implement the recommendations. Activating Dublin consultation & analysis Activating Dublin Steering Committee
    22. 22. 21 Dublin has the startup „assets‟ necessary to be a world class tech startup hub TOP 8 EUROPEAN STARTUP ACCELERATORS AND INCUBATORS RANKED Seedcamp Pan European Startupbootcamp Tetuan Valley (Spain) Startupbootcamp Eindhoven Springboard London / Cambridge Openfund Athens NDRC Launchpad Dublin Propeller Venture Accelerator Fund Dublin Startupbootcamp (HealthXL) Dublin Source: Independent Study commissioned by TechCocktail - http://tech.co/top-8-european-startup- accelerators-and-incubators-ranked-seedcamp-and- startup-bootcamp-top-the-rankings-2011-06 Venture Capital – Investments as % of GDP (2012) http://www.evca.eu/uploadedfiles/home/knowledge_center/evca_research/2012_Pan-European_PE&VC_Activity.pdf In the EU, Ireland is ranked first by the World Bank for ease of starting a business and consistently in Forbes’ top list of 'Best Countries for Business' report.
    23. 23. 22 Appendix 4 – Enterprise Supports in Dublin Source: Presentation by Joanne Hession, QED on “Dublin, the best city in the world to start a business” (2013)
    24. 24. 23 Dublin‟s thriving Start Up Eco-System IXDA Craft Refresh UXPA Tech P.Dublin Beta Python meetups Ruby meetups Node.js Angels / Mentors / VCs …. banks Incubators / Accelerators Multinationals IDA / EI / Enterprise Boards * At the core of a startup founding team there are three roles: Developer, Designer & Business/ Sales people Space Legal Accounting Comms & networks There are over 20 informal gatherings of developers, designers, etc. on a weekly or monthly basis in Dublin. Dubstarts Universities Adapted from Eamon Leonard’s contribution at workshop
    25. 25. 24 The biggest web summit outside of the US
    26. 26. 25 But in the international benchmarks..... Global Genome Report: data-driven ranking of the World's Top 20 Startup Ecosystems . Q: Why is Dublin not featured here? Cities were evaluated based on eight criteria, including the performance of companies located there and access to talent. Besides Tel Aviv and London at number seven, North American cities dominated the top 10 in the study, which was paid for by Telefonica.
    27. 27. 26 Mission Objectives Prize Opportunities Strengths  Dublin recognised as the #1 EU hub for tech innovation where companies will start up, scale faster, live longer and go further;  double the domestic rate of aspiration to start a business;  sustain Dublin‟s thriving startup ecosystem; and  create at a minimum 2,800 jobs and contribute €200 million p.a. to the Dublin economy.  Thriving organic ecosystem (NB: don‟t try to control)  Supportive base of international companies (eg Google, HP, PayPal, Intel, FB..) & investment promotion (IDA & EI).  Multiple high quality innovation centres available to startups (e.g. 3 of 8 Top European Accelerators).  Pro-business climate. Make Dublin the best place to start a tech business Increase the number & quality of startups, growth rate, employment and overall economic contribution of Dublin‟s tech startup community. This can be achieved through the targeting of domestic entrepreneurs & spin- outs, international entrepreneurs, and scaling startups.  Coordination | Greater coordination of the marketing, outreach and promotion of Dublin as the best place to start (targeting domestic & international entrepreneurs).  Facilitation | Foster a more accessible and interconnected cluster eco-system (making it easier to start and providing the right environment to grow & scale).  Regulation | Enhance a pro-startup regulatory environment and visa regime. Executive Summary
    28. 28. 27 Our recommendations 1. We believe that there should be a single strategy for Dublin as the best tech startup city, backed up by the resources & accountability to deliver that strategy through coordination across government agencies, local government and the other members of the startup ecosystem. 2. We have identified three key strategy areas around our themes of coordination, services and regulatory supports. 3. We have scoped six further recommendations to turbocharge our Tech Startup City. Our recommendations are broken down into one overarching recommendation and six further recommendations that are grouped around three themes:
    29. 29. 28 Our recommendations Provide coherent coordination, marketing, outrea ch and promotion to tell a one city story Ensure the regulatory environment is pro-startup and is viewed as open to international startups Promote a coherent story for the city to attract high quality startups Support stakeholders to build linkages and create new high int‟l profile activities Improve & clarify current regulations that support startups in Ireland Develop a new streamlined visa process for international startups & investors Help startups find the services they need so they can focus on starting & growing their businesses (e.g. office space, legal, accounting..) Provide one-stop portal to help startups in search of supports & services Identify & address gaps in Dublin‟s cluster linkages to maximise growth & scaling in the cluster Make Dublin the best place to start a tech business. This requires a single regional strategy and the tools, resources & people to deliver it. Governing mission/ overarching recommendation Key Strategy Area Deliverables 1 2 3 4 5 6 7 Strategy objectives Coordination Facilitation Regulation
    30. 30. 29 The lack of coordination between Dublin‟s startup centres & key players may lead to a lost opportunity Strengths ▪ Supportive base of international companies & investment promotion ▪ Multiple high quality incubation/innovation centres available to startups ▪ Pro-business climate Gaps ▪ A distinct lack of one story for Dublin ▪ Treatment of each area as a cluster in own right rather than part of a Dublin cluster ▪ Making pro-startup policies more clear, concise on regulation and being a world leader on approach to immigration & visa process
    31. 31. 30 Taskforce to aggregate and support the use of material about Dublin‟s startup cluster – Key participants Innovation clusters and companies Government Agencies HEIs Coordination Outreach & business development PR & Marketing Link agencies, HEIs , hubs and companies together Better organise regional outreach Publicise success internationally 2
    32. 32. 31 Initial proposals to support stakeholders to build linkages and create new high international profile activities Celebrating Success Startup Billboard Startup Festival Engaging the MNCs Startup Ecosystem Fund Dublin Mentor Panel Incubator- MNC spinout support International Spotlight Coordinate data on cluster, publish Made in Dublin „Booker‟ Prize for startups Empowering existing community Startup Dublin Survey Dublin Startup CEO Forum Dublin Startup Association Attracting New startups Startup Apprenticeship scheme Crowdfunding site for Dublin startups Flagship Project MASS Challenge • 125 Global finalist relocate to Dublin during 4 month accelerator period 3
    33. 33. 32 9 of the top 10 Global Software Leaders are in Dublin and 8 of the top 10 US companies are here 5 PwC‟s Global 100 Software Leaders 1 Microsoft 2 IBM 3 Oracle 4 SAP 5 Ericsson 6 Symantec 7 HP 8 EMC (excl. VMware) 9 CA Technologies 10 Adobe Source: Data was compiled by the Global Software Business Strategies Group at IDC. Fortune 500 US Companies 2013 1 Apple 2 AT&T 3 HP 4 Verizon 5 IBM 6 Microsoft 7 Amazon.com 8 Dell 9 Intel 10 Google  Dublin‟s Multinational Companies can offer huge potential for startups;  Greater engagement is an important cluster element to develop as there is recognition from the tech MNCs that startups are a critical part of their „digital community‟,  Mapping Dublin‟s multinational landscape and how it links with the community will be a critical part of understanding the cluster‟s gaps.  The IDA‟s Landscape project offers an important tool in this work - http://www.idaireland.com/app/landscape/ In Dublin in Ireland
    34. 34. 33 Example nodes in the Dublin Cluster (current & potential future ones) with their transport links – how do they connect? 5 Heuston Quarter/Digital Hub DIT Grangegorman Docklands Luas Luas DART Centres for Science, Engineering & Tech Co-working space Meet-up spots Accelerator/Incubator Dublin bike locations current and planned 20 minute rule: • Barrow Street to Digital Hub Car 11min /peak 20+min Bike 12min
    35. 35. 34 People with good skills are available Existence of informal networks between cluster participants Access to/availability of customers Availability of capital Availability of other required resources (e.g. space) Availability of mentors and serial entrepreneurs for companies Access to HEIs for research/ transfer of knowledge Reputation (location recognised as a cluster) Anchor organisations, who define the cluster Linkages to suppliers and advancements Proximity (e.g. Silicon Valley‟s 20 minute rule) Components of a cluster5
    36. 36. 35  The eastern sector contains multiple economic sectors that are now embedded in the Docklands Quarter – the primary ones being in the financial, legal and digital spheres.  The western sector contains Digital Hub, St James‟s medical campus, Heuston Station and DIT at Grangegorman.  These character area nodes constitute a strategic economic arc and counterpoint to Docklands and as a „Gateway‟ enjoy major links outwards to the city region and inwards to the central city. Dublin City Council should seek to address the policies and objectives set out in the Development Plan and where necessary complete the supporting research by the end of 2013 / start of 2014. Follow up study to see what gaps exist in the linkages across the Dublin cluster  This links to the Dublin City Development Plan  RE12 To promote flexible buildings that facilitate work clusters and affordable work spaces that develop in proximity to each other so as to allow skilled self- employed workers operate independently and also in co.  RE22 (ii) To consolidate employment provision in the city by incentivising and facilitating the high quality redevelopment of obsolete office stock in the city  REO11 To identify and map the existing and potential clusters in the city region and identify effective supports to optimise the clustering benefits  RE22 (ii) To consolidate employment provision in the city by incentivising and facilitating the high quality redevelopment of obsolete office stock in the city 5a
    37. 37. 36 Accelerator program that will encourage new high risk startups in strategic areas such gaming and cloud computing „Lobby‟ Relatively advanced companies paying subsidized rents „Core space‟ “Mature” startups preparing to spin out of the cluster into surrounding office space „Top floor‟ Investigate if there is a private sector business case for a building as an icon for the startup community which would provide easy access to a range of startup needs. 5b Example: Cambridge Innovation Center (Boston/Cambridge) http://cic.us/ • Accountants • Solicitor • Real estate agent • Incubators/accelerators • Administrative support • Angels & mentors „Service support centre‟
    38. 38. 37 Implementation timeline and plan Promote a coherent story for the city to attract high quality startups Support stakeholders to build linkages and create new high int‟l profile activities Improve & clarify current regulations that support startups in Ireland Develop a new streamlined visa process for international startups & investors Provide one-stop portal to support startups in search of services Identify & address gaps in Dublin‟s cluster linkages to maximise network effects Other recommendations 2 3 4 Create a unit/organisation whose aim is to help Dublin become the most dynamic place for tech startups Overarching recommendation 5 6 7 Conduct a pilot study to separately promote Dublin as a startup City. Develop business cases to support 14 individual initiatives Develop a business case and funding model and outsource operation of portal Complete research of Dublin‟s cluster and how it is defined. Business case for co-location space for private sector development. Engage with D/JELR to get agreement for pilot of improved visa procedures Engage with central/local government and agencies to action initiatives Action Resources Timeline Engage with DCC and agencies on establishing a Dublin startup unit. Address funding model in discussions, believe that any exec. Should sit within DCC and balance of resources provided pro bono. Activating Dublin to fund pilot. Discuss funding as part of planning for expansion of project Address funding model in individual business cases. Funding should be provided through central government and self financing for any new processes. Resources provided by DCC. Address funding model in business case, believe it can be self financing. No incremental resources envisaged. Sep Oct Nov Dec I Jan Feb Mar Apr May Jun Jul Aug Unit established and resourced by end June 2014. Look to address sector data issues by Dec 2013. 14 business cases delivered Business case by end Dec/ Portal online by June 2014 Initial scoping & report Representations made Engage with DJEI & D/Justice and action accepted into APJ Initial pilot 1 Work on addressing identified gaps
    39. 39. 38 A changing role for the city council in the start up space *selected slides – full background and presentation available here: http://www.dublincity.ie/YOURCOUNCIL/ABOUTTHECOUNCIL/COUNCILDEPART MENTS/THESTUDIO/THESTUDIO/Pages/StartupCity.aspx
    40. 40. 39
    41. 41. 40
    42. 42. 41 Thematic Areas Identified for the Start up City Event: 1. ENHANCING DUBLIN’S STARTUP ECOSYSTEM - ONCE UPON A TIME IN DUBLIN – “TELLING OUR STARTUP STORY” 2. PURCHASING POWER / PROCUREMENT 3. PROTOTYPED IN DUBLIN: USING THE CITY TO TEST PRODUCTS AND SERVICES 4. SHOW ME THE MONEY.....FINDING NEW MODELS OF FUNDING AND FINANCING FOR STARTUPS 5. DEVELOPING MARKETS AND HOLDING EVENTS IN DUBLIN 6. MAKING FOOD EASY 7. ENTERPRISE SPACES AND PLACES: SPACES TO HELP GROW AND SUPPORT SMALL COMPANIES Further Information here: http://www.dublincity.ie/YOURCOUNCIL/ABOUTTHECOUNCIL/COUNCILDEPARTMENTS/THESTUDIO/THESTUDIO/P ages/StartupCity.aspx

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