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Ulster Bank helps generate female entrepreneurs through support programme

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Female entrepreneurs have just one week left to apply for a spot on a new accelerator-lite programme from AwakenHub which aims to provide support for women who are interested in starting their own business. 

SheGenerate is open to women from across the island of Ireland who have recently started a new business venture or who have an idea but are struggling to access the tools, information and support needed to get the business off the ground. 

35 spaces will be available (15 of which are being targeted at women in Northern Ireland) and the programme will be made up of a series of workshops, tailored to meet the needs of those enrolled, along with access to community events and advice and signposting from the programme founders and a hand picked group of Big Sisters who are company builders, innovators, investors and serial entrepreneurs. 

SheGenerate is the latest in a long line of innovations delivered by AwakenHub which have all been aimed at driving and securing economic investment and opportunities in the North West. It’s founders include Angel Investor, Mary McKenna; Business Growth Enabler, Clare McGee; Leadership Consultant Sinead Crowley; and Entrepreneur, Mary Carty. The foursome bring a wealth of knowledge and real life experience of growing and starting a business to SheGenerate and can offer successful applicants hugely sought after mentorship opportunities. 

Co-Founders Mary McKenna and Clare McGee  urged anyone interested in learning more about the event to come along to an Expression of Interest event on Tuesday September 28. 

“We know that many women have been inspired or impacted by Covid-19 to start or grow a new business venture but noticed that many struggled to find the right level of support to help them take ideas to the next level. 

“SheGenerate is open to women from across the island of Ireland working in any background or sector who are prepared to take the plunge, do the work and get trading within the next 12 months. 

“Thanks to our programme funders, Ulster Bank and Rethink Ireland, we can offer a place to 35 female entrepreneurs who will have access to mentorship, peer support and workshops to get their business up and running and create all of the positive economic and social change which comes along with this.”

John Ferris, Regional Ecosystem Manager with Ulster Bank, which has supported SheGenerate through its Enterprise Funding Grants, said it was important these programmes were available to existing and potential entrepreneurs. 

“At Ulster Bank we are committed to supporting female entrepreneurs and providing them with the tools and networks they need to start or scale a business. This partnership with SheGenerate has the potential to deliver transformative change for women; particularly those in the North West, and we are pleased to have been able to play a role in bringing female entrepreneurs even closer to potential investors through the Enterprise Partner Funding grant. 

“We look forward to seeing the outcomes of the project and wish each of the participants well as they make the most of this exciting opportunity and take the next step of their business journey.”

Applications will close at 5pm on Friday October 8 and those unable to attend the Expression of Interest event can register their details here . 

For more information about the programme and it’s founders, visit www.awakenhub.com  

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NI innovators ‘leading the way in post-pandemic recovery’

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Ulster University’s Pro Vice Chancellor of Research Liam Maguire was joined by colleagues from the Derry-based Clinical Translational Research and Innovation Centre (C-TRIC) at a Northern Ireland Business and Innovation Showcase in London.

Representatives from the university’s Engineering Composites Research Centre and Research and Impact Directorate also attended the event, which featured the best of Northern Ireland’s innovative businesses, start-ups and universities, showcasing what the region offers as an inward investment location and as a trade partner.

The Northern Ireland Office, the Department for International Trade and Invest NI partnered to host the September showcase, which Dr Alexander Chacko, UU’s head of Innovation and Impact, said “spread the message that Northern Ireland’s innovators, tech start-ups, and universities are leading the way in post-pandemic recovery.”

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Allstate NI partnership with Ulster University drives technological innovation

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The Allstate NI and Ulster University partnership has continued to flourish, with planning now underway for a second joint ‘Learnathon’.

The partnership spans from Allstate NI’s representation on Ulster’s industrial advisory boards, to involvement in reviewing curricula for undergrad and postgrad courses, student scholarships and prizes, running student hackathons, providing industry guest lectures and in turn, University academics presenting in Allstate.

Allstate has also been invited to develop a vision for the new CARL initiative (Cognitive Analytics Research Lab), to be based on the Magee Campus. This vision was developed through design thinking workshops with a small number of industry partners, including Allstate NI. November 2019 saw the opening of a new-state-of-the-art Allstate NI computing lab, also at the Magee campus.

Meanwhile, a recent research collaborative effort with Professor Damien Coyle, Dr Magda Bucholc and their PhD student Salman Ahmed used advanced multi-modal analytics approach to help predict major incidents in Allstate’s infrastructure at the earliest opportunity, allowing them to put preventative measures in place.

Jonathan Wallace, Professor of Innovation within the Faculty of Computing, Engineering and the Built Environment and Chair of the Faculty’s Computing Employer Advisory Board (CEAB), said the Computing Schools at Ulster University recognised the strategic importance of developing professional, educational and collaborative research links.

He added: “As well as the computing lab sponsored by Allstate NI, we launched a research partnership linking academics and PhD students from both Computing Schools with Allstate’s AI Centre of Excellence team to explore how AI and ML techniques developed at Ulster can be applied to the next generation of Allstate products and services, indeed planning for a second joint ‘Learnathon’/Mini-Conference to showcase how Ulster’s leading edge research can potentially address the short mid and long-term strategic goals of Allstate NI is currently underway.”

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Smart Nano NI lands £42.4m funding boost

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A nanotechnology consortium to develop new technology for medical devices, communication and data storage has been awarded £42.4m by the UK Research and Innovation’s (UKRI) Strength in Places Fund.

Smart Nano NI is led by Seagate Technology in collaboration with North West Regional College, Analytics Engines, Causeway Sensors, Cirdan Imaging, Digital Catapult NI, Queen’s University Belfast, Ulster University and Yelo.

The funding award, which was made after a highly competitive, UK-wide process, will further consolidate the region’s position as a global leader for excellence in nanotechnologies, and provide a lasting economic impact.  

The UKRI investment will help the consortium scale up capacity in device manufacturing, and underpin and develop hundreds of jobs across the sector. The total project value, including leveraged funding from other sources, is £63.9m.

Smart Nano NI’s Dr Mark Gubbins said of the investment: “We can now advance Northern Ireland’s niche capability around smart nano manufacturing and world-leading knowledge in photonics to create a self-sustaining local industry. It allows us to capitalise on the combined expertise of our companies and the availability of trained researchers and resources across our academic institutions”.

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Allstate NI hails North West’s ‘ingenuity and innovation’

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Northern Ireland’s largest IT company has praised the North West’s “resilience, ingenuity and innovation” as it celebrates its 20th year in business locally.

Allstate NI provides high-quality software development services and business solutions to support its parent company, the US-based insurance giant Allstate Corporation. It began its Derry operations in 2001 with 20 staff, and now employs more than 900 people in the area.

Managing Director and Vice President of Allstate NI, John Healy, said: “Our initial setup in Derry was about accessing the deep talent pool in the region.

“What we have managed to achieve in the past 20 years is a testament to the resilience, ingenuity and innovation of our community in the North West.”

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Version 1 teams up with Aware NI to support Work Life Balanced ethos

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Version 1, the global IT services company currently recruiting remote working staff in the North West, has teamed up with mental health charity Aware NI to help ensure that its employees are fully supported during COVID-19.  

Invest Derry Strabane – which recently launched the Work Life Balanced campaign in association with Version 1, aimed at promoting the North West as a premium remote working destination – has welcomed the company’s initiatives which also include supporting the local community where their staff are based.

Version 1 took the decision to support a mental health charity when the consequences of the pandemic became overwhelmingly apparent during the last 18 months. People were forced to adapt to significant lifestyle changes, such as working from home and limiting social interactions. This in turn led to an increase in people experiencing isolation, anxiety, stress, and grief at losing loved ones.

Additionally, the tech firm’s commitment to supporting the local community is a critical element of its core values. Community First is Version 1’s main Corporate Social Responsibility initiative and is driven locally by the employees. The aim of this scheme is to improve employment opportunities in communities by supporting awareness, education, and access by leveraging technology and skills.

Community First is locally driven, enabling each Version 1 office to support causes they care about in their particular area. Some of the Community First initiatives include mentoring, helping local schools, grinds, tackling youth homelessness and community engagement.

Version 1 has also been officially recognised as a Healthy Place to Work. This was achieved by engaging employees in the completion of a robust survey covering four pillars – purpose, mental resilience, connection and physical health – which gathered insight into their experience of work. From the results, the company was able to put together a plan identifying paths to improvement, which subsequently led to the prestigious certification.

Lorna McAdoo, Director of Operations and Business Development NI at Version 1, said: “Our support for Aware NI stemmed from a wish to highlight the mental toll that the pandemic has been inflicting on so many people. The charity helps people realise that it is okay not to be okay, and this service has proved to be invaluable. We have also benefitted from online sessions held by Aware NI to help us all with various tools to use during this time to reinforce resilience and ensure we have been adapting well to the working from home model.

“We are also extremely proud of the visible efforts the company has made to reach out to local communities, and our Community First activities have enabled many people to access education and skills that drive employment opportunities.

“In addition, Version 1’s recognition as a Healthy Place to Work in Northern Ireland was a significant milestone for our company. Being spread across five countries presents its own set of challenges and it has been absolutely critical to ensure our employees are happy and healthy. We have been able to benchmark our progress through the data provided during the process and are now updating and creating initiatives and strategies across our operations to ensure our workforce is the healthiest it can be.”

Rosalind Young, Investment Manager at Derry City and Strabane District Council, said: “Version 1’s approach to dealing with the impact of COVID-19 is exemplary. The company’s commitment to providing mental help and support is evident through their partnership with Aware NI, and their track record of maintaining a community-focused approach is also welcomed as they expand their workforce in the North West.

“I would also like to congratulate Version 1 on their official recognition as a Healthy Place to Work. With the company bringing many highly skilled new jobs to the Derry City and Strabane District Council area, we are delighted that their staff will benefit from our Work Life Balanced campaign.”

For more information on the Version 1 roles available in the North West and to apply, visit the Invest DS jobs portal at www.investderrystrabane.com/worklife

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Version 1 NI Awarded the Diversity Mark NI Bronze Accreditation

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According to DMNI, Diversity Mark is a ‘Mark of Progress’ that publicly declares commitment to building more diverse and inclusive workplaces to benefit all employees.

Jonas Cella, co-chair of the Version 1 NI commented “Receiving the Bronze Diversity Mark is an important milestone for us. It shows we are on the right track to have a diverse and inclusive workplace and makes Version 1 a great place to work in Northern Ireland. At Version 1 diversity is a fact, but inclusion is a choice we make every day”

Christine White, Head of Diversity Mark NI commented: “We are delighted to recognise Version 1 for their commitment to Diversity by awarding them the Bronze Diversity Mark accreditation.   

Our independent assessment panel commended Version 1 on a reflective application looking at a variety of specific and strategic interventions which will have the potential to collectively shape a truly inclusive culture and begin to address the gender balance across all levels of their business.

We congratulate everyone at Version 1 on this achievement and look forward to working with them on their Diversity journey over the next number of years.”

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Seagate unveils £57m investment plans and 25 new jobs for Derry plant

Seagate unveils £57m investment plans and 25 new jobs for Derry plant

LEADING electronics manufacturer Seagate Technology has announced a £57.4 million investment in its Springtown plant.

The company, which provides data storage solutions for companies across the world including read-write heads for hard disk drives, has announced major investment in R&D at its wafer manufacturing plant at Springtown, which will create 25 highly skilled new jobs.

Seagate is investing £47.4m of its own money and is being aided by long-time supporter Invest NI to the tune of almost £10m (£9.95m).

The funding will be focused on enabling further research and development in nanophotonics, cementing Springtown’s position as a leader in world class technology innovation.

Speaking at the announcement yesterday, Seagate chief executive officer, Dave Mosley said the latest investment will further grow the business, which set up in Derry back in 1994.

“Technology innovation is the cornerstone of our success and the industry-leading innovation delivered by our facility in Springtown has been at the heart of our business strategy for the last 25 years,” he said.

“Today’s investment extends a successful, collaborative partnership with Invest Northern Ireland and will further strengthen our ability to deliver customer-centric technology leadership for the data-driven future of the global economy.”

Jeremy Fitch, executive director of business solutions at Invest NI said they are delighted to continue the successful partnership with Seagate

“Supporting the company along the way has been Invest NI, with every £1 of our support contributing to £4 investment in the local economy.”

“We are delighted to be able to offer support towards this latest project which will see 120 highly skilled researchers here at Springtown, including 25 new recruits, play a major role in the development of ground-breaking new technology,” he said.

Londonderry Chamber of Commerce president, Brian McGrath hailed the investment as “extremely welcome” news.

“It is great to see that the investment will create 25 highly skilled jobs and will bring a number of important economic benefits to the area.

“This is a clear indication and endorsement that the north west is an important place to do business and emphasises that we have impressive talent and ability throughout the region,” Mr McGrath added.

Seagate’s Springtown facility is recognised as one of the foremost 200mm wafer fabrication plants in the world.

The site has grown from an initial charter of world class manufacturing in the first decade of operations to adding development and product launch capabilities in the last ten years. The facility employs over 1,400 staff and the company is estimated to have invested in excess of £1 billion in capital here over the past 25 years.

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