'Lab for geeks' opens

IRISH entrepreneurs are being lured by the opening of the new Dogpatch Lab which is due to open in Dublin within the next year.

The self-described "frathouse for geeks", in Dublin, is supported by Polaris Venture Partners.

This facility is expected to attract high quality entrepreneurs from all over Europe to Ireland.

It signals a major investment under the €500m Innovation Fund Ireland.

It was announced by Taoiseach Brian Cowen.