Great day for north Wexford as The Hatch Lab is declared officially opened
An ambitious project developed by Wexford County Council to attract investment and jobs to north Wexford became reality on Friday afternoon when Cathaoirleach Cllr John Hegarty declared The Hatch Lab officially open.
The Hatch Lab is located on the M11 Business Campus in Gorey and offers incubation and co-working facilities for fledging micro-enterprises within the innovation and technology sector.
Cllr Hegarty welcomed everyone to the opening ceremony, including Minister Paul Kehoe, James Browne TD, CE of Wexford County Council Tom Enright, County Manager of Bank of Ireland JJ Keyes and fellow councillors.
'We're delighted to say that the Hatch Lab is enjoying considerable success and has already hosted a number of exciting companies,' said Cllr Hegarty. 'It will also be a very proud moment for Wexford when the second phase of this building and eventually the third is built.'
Mr Enright said The Hatch Lab is one of a number of property solutions investments planned by Wexford County Council for each of the main towns.
The state-of-the-art facilities have been modelled on similar world-class innovation centres both in Ireland and abroad, with the result that clients and companies from across the south-east region who choose to locate in the Hatch Lab can enjoy services such as hot-desks, meeting space, joint administrative services and high-speed broadband within a unique co-working and start-up environment.
The Hatch Lab has been developed in a tri-party arrangement, with private investment by brothers Pat and Tommy Redmond, support from Bank of Ireland through a €1 million partnership agreement over a five-year period and a lease by Wexford County Council of a portion of the building space provides assurance of financial return to the investors during the early years of the project.
Enniscorthy Enterprise and Technology Centre supplies the Hatch Lab with administration and operation services, while other supporting agencies include Wexford Local Enterprise Office, Enterprise Ireland, IDA, South East Business Innovation Centre, National Digital Research Centre, Gorey Chamber of Commerce and Guinness Enterprise Centre.
The Hatch Lab is the first building in Wexford County Council's ambitious property solutions development programme to come to fruition and is based in the first of three 36,000 sq ft buildings being developed by Redmond Construction in the brand new M11 Business Campus in Gorey town. In response to strong interest, plans are being developed to extend the space by another 5,000 sq feet to include private office space for small teams of four to six people.