1. LEDP Founded 1999
7 Partners Public Private
Partnership
A Charitable Trust Company
Vision of Michael Tiernan, Gerard
Boland and Liam McElligott

2. The Following Were The Original Shareholders of LEDP
Limerick City Council
Limerick County Council
Foundation for Investing in Communities
PAUL Partnership
Limerick Enterprise Network
Roman Catholic Diocese of Limerick
Shannon Development

3. Source of Initial Investment
7 Partners @ £150k =£1.05m
JP McManus £1m
Dept of Enterprise Trade and Employment £1m
Krups Workers £50k
Total in €4m
Net Income Generator
Leveraged Community investor
Now Completely Debt Free
Leveraged investment over 10 years of operation
€65m

4. Phase One
1999-2004
Purchase and Development of Former Krups Facility
16 Acres with 170,000 sq ft of buildings
600 People re-employed
Challenges
Uphill battle to secure Funds
Banks Not Supportive
Ulster Bank agreed on basis of Personal Relationships developed
over years

5. Phase Two
• 2005-2007
• Consolidation of Business Model
• Starting to Work with Community
Challenges
Construction Of Crèche
Construction Of Hotel & Ancillaries
Engagement with RAPID
Consolidation of Tenants and Financial Security

6. • 2008-To Date
• Community and Family Affairs
Phase Three
Challenges
Engagement on the Ground in Southside Areas
Engagement with Holy Family Parish
Engagement with Salesians of Don Bosco
Advocating for Social and Community Initiatives
Through City, Regeneration, Regionally and with Government

7. Site Purchased From Group Moulinex in 1999
Krups Facility in Limerick since early 1960’s

8. 1) UPC Call
Centre
2) Limerick
Regeneration
Agencies
3) Strategic
Innovation
Education
5) Family Tree
Créche
6) UL
AccessCampus
7) Fáilte Ireland
Training
8) Fás Block and
Carpentry
Workshops
9) Fás
Hairdressing
10) Fás
Community
Leadership Arts
Sport
11) Vocational
Training
Centre
12) Proposed
Coisceim Centre
13) ADD, ADHD
Dyslexia, Blue Box
1
2
3
4) Let’s Do Coffee
Community Café
4
5
6
7
8
9
10
11
12
13

9. Numbers Engaged on Site
UPC 400 Jobs
Maldron Hotel Group 25 Jobs
Lets Do Coffee 10 Jobs
Aldi 30 jobs
Retail 50 Jobs
Fás 15 jobs
Regeneration Agency 20 jobs
Family Tree Créche 15 Jobs
University of Limerick 10 Jobs
ADD, ADHD Blue Box 15 Jobs
Fáilte Ireland 10 Jobs
Medrex 25 Jobs
LEDP 8 Jobs
Ancillaries 40 Jobs
Total 600
Numbers Engaged on Site
Failte Ireland 200 pa
Boatbuilding /Vocational 50pa
Fás Block/Carpentry 200pa
U.L. Access Campus 60pa
CoisCeim 60pa
ADD/ADHD Dyslexia 50pa
LCBEI
Blue Box
Fás Hairdressing 30
Fás Community Leadership 30
Family Tree Creche 50
Total Approx 1000
Footfall on Site Approx
10,000 per week

10. Numbers Engaged on Site
UPC 400 Jobs
Maldron Hotel Group 25 Jobs
Lets Do Coffee 10 Jobs
Aldi 30 jobs
Retail 50 Jobs
Fás 15 jobs
Regeneration Agency 20 jobs
Family Tree Créche 15 Jobs
University of Limerick 10 Jobs
ADD, ADHD Blue Box 15 Jobs
Fáilte Ireland 10 Jobs
Medrex 25 Jobs
LEDP 8 Jobs
Ancillaries 40 Jobs
Total 600
Numbers Engaged on Site
Failte Ireland 200 pa
Boatbuilding /Vocational 50pa
Fás Block/Carpentry 200pa
U.L. Access Campus 60pa
CoisCeim 60pa
ADD/ADHD Dyslexia 50pa
LCBEI
Blue Box
Fás Hairdressing 30
Fás Community Leadership 30
Family Tree Creche 50
Total Approx 1000
Footfall on Site Approx
10,000 per week