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SPOTLIGHT ON IRELAND THE ENTREPRENEUR SHIP World’s First Maritime Incubation Hub


The beautiful Cork Harbour in the south of Ireland has several geographical and historical claims to fame. It is the second largest navigable natural harbour in the world: in the 1700s it was home to the largest butter market in the world and at the beginning of the twentieth century it was the last stopping point for the Titanic before its ill-fated trip across the Atlantic. For hundreds of thousands of Irish emigrants it was the provided their last moments on home soil before they set sail in search of a new life in America, Australia, New Zealand and beyond.


PORTAL TO THE WORLD


The idea of Cork Harbour as a portal to the world has taken on a whole new meaning recently with the emergence of a maritime hub of real global significance. A critical part of this is the establishment of the world’s first incubator for marine and energy companies, The Entrepreneur Ship. Companies that locate in The


Entrepreneur Ship are part of a thoroughly unique centre with wind, wave & tidal technologies being developed alongside other products such as drones, earth observation and software that derisks investment in renewables.


LEARNING FROM EACH OTHER


What is wonderful about the centre is how companies complement and learn from one another as they go from start- up to scale-up. This is underpinned by a group of prestigious mentors who provide business advice and the benefit of their network as well as a range of events designed to promote networking and develop business skills.


Nested alongside the National Maritime College of Ireland and University College Cork’s Marine and Renewable Energy Centre (MaREI) as well as the Headquarters of the Irish Naval Service, companies in The Entrepreneur Ship are treated to an eco-system of research excellence, world class training and naval test bed facilities.


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Ray Alcorn, CEO of Exceedence, a company with a techno-financial modelling software for renewables emphasises this saying, “The advantages here are through colocation. We already have projects that we worked on with the National Maritime College and with MaREI. In fact some of our staff are ex MaREI employees as well, including myself. The mentorship network is very good and you are also a relatively big fish in a small pond which is nice because we are very focused on what we do here and we are part of a cluster. We share funding programmes, we tell people what else is coming up and we invite people to various workshops and we try and learn from each other.’’


www.wavetidalenergynetwork.co.uk


ADVANTAGES THROUGH COLOCATION


THIS IS UNDERPINNED


BY A GROUP OF PRESTIGIOUS MENTORS WHO PROVIDE BUSINESS ADVICE


DYNAMIC AND SUPPORTIVE ENVIRONMENT


On top of this, the Irish state has created a dynamic and supportive environment for business with agencies such as the IDA, Enterprise Ireland and the Sustainable Energy Authority of Ireland providing access to a range of supports. So if you have an idea for a startup, take a look at The Entrepreneur Ship.


Irish Marine Energy Resource Cluster (IMERC)


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