Sunday 25 September 2016

From 200 year old whiskey storage vault to world-class startup space

Published 20/11/2015 | 15:35

Dogpatch Labs has developed over 8,000 sq ft of new event space in the historic 200 year old iconic Irish vaults below the chq Building in partnership with Ulster Bank.

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‘The Vaults’ will see Dogpatch play a much wider role in supporting Ireland’s startup community by delivering world class platform to host tech meetups, workshops, events and hackathons. Dogpatch Labs has been home to many of Ireland’s fastest growing technology companies including Intercom, Logentries and Boxever.

Speaking at the launch of The Vaults on November 19th, Patrick Walsh, Managing Director of Dogpatch Labs said, “The first phase of Dogpatch focused on creating a world class office space for startups. This second phase of Dogpatch will see us playing a much wider role in supporting Ireland’s technology community through events, workshops and meetups. This vital piece of infrastructure will support Ireland’s burgeoning startup ecosystem and it has been made possible by our partnership with Ulster Bank.”

Ulster Bank themselves have also announced the opening of an offsite innovation initiative ‘the Ulster Bank hub’ in Dogpatch Labs. This comprises desk space on ground floor for Bank’s product team and The Vaults will be used from time to time for workshops, events, showcase demonstrations, management offsites.

Patrick Walsh (Dogpatch Labs), Maeve McMahon (Ulster Bank) and Neville Isdell pictured at the launch of the Vaults
Patrick Walsh (Dogpatch Labs), Maeve McMahon (Ulster Bank) and Neville Isdell pictured at the launch of the Vaults

According to Maeve McMahon, Director of Customer Experience and Products at Ulster Bank, “Dogpatch Labs and Ulster Bank are building an infrastructure that will support the wider startup community, providing a collaborative coworking space that showcases our significant commitment to the financial ecosystem. At Ulster Bank we are putting the customer back at the centre of everything we do, we are changing to create an innovative environment within the Bank to ensure we are relevant for the future. The redeveloped vaults will provide the Bank with an offsite campus, allowing our Innovation Solutions team to sit side by side the fintech startups we are supporting there; helping to change the way we look at the financial ecosystem. This 'hub' will enable us to showcase the next generation of digital customer experiences we are developing as well as provide an offsite campus for corporate workshops, events and showcase demonstrations.”

The location of Dogpatch Labs at the intersection of the IFSC (Irish Financial Services Center) and ‘Silicon Docks’ means it is uniquely positioned as a new era ‘FinTech’ emerges under the new framework of IFS2020 developed Minister Simon Harris. Various FinTech events will be hosted in The Vaults including the Ulster Bank sponsored ‘FinTech Fireside Chat Series’ which will see leading Irish and international CEOs share learnings about how they have built FinTech businesses with global reach.

Commenting on the launch, Minister of State, Simon Harris TD, said “I welcome this next stage in the evolution and expansion of Dogpatch Labs. Bringing the vaults to life for the purposes of tech innovation and networking sends a strong message as to the ambition and vibrancy of Ireland’s tech and FinTech scene. I look forward to continuing engagement with Dogpatch and other enterprise hubs in advancing the objectives of the Government’s IFS2020 Strategy”.

Sponsored by: Ulster Bank

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