Enterprise Ireland has approved a new co-working hub project in Edgeworthstown.
Earlier this month the tender was published for the development at the former Ulster Bank premises which will allow almost 40 people to conduct business remotely.
Today’s approval means once a contractor is appointed, work will be able to begin on the project which is expected to cost several hundred thousand euro to complete.
Minister of State at the Department of Enterprise and Longford-Westmeath TD Robert Troy is hopeful it will provide a major boost to the area:
The full statement from Minister of State Troy is below:
This is a terrific development for the community. With the successful redesignation of funds, the Old Ulster Bank building will be redeveloped into an enterprise hub that will facilitate up to 38 people with short- and long-term working spaces. I have been enagaging with Enterprise Ireland on this application, and I want to compliment the work of Edgeworthstown Enterprise Hub CLG and Longford County Council, and for making the initial application. This funding is extremely important to fostering a strong and vibrant community in Edgeworthstown.
“I also want to acknowledge the support for this development, and the work of Deputy Joe Flaherty TD and Senator Micheál Carrigy who have engaged with me throughout this process.
“While there are challenges ahead, with challenge comes opportunity. As Minister of State in the Department of Enterprise, Trade and Employment, I am determined to support projects such as this to ensure our regional communities get every opportunity to develop and grow.”